Tag: Corporate governance and business ethics

  • Broken pail







    Once upon a time in India, there was a farmer – Ram. In those days there were no facilities of having water in nearby areas. So, Ram used to go long distance to bring water for farming. He used to tie one pail (Ghada in Hindi) each on two corners of a stick and used to take it on his shoulders to the nearest water body. He used to fill these pails and bring them back to his farm.

    FarmerOne of the two pails was broken and Ram was poor so he wouldn’t afford to buy new one. He used to fill both the pails but by the time he is back, the broken pail used to get empty. It kept on happening for long time. The other pail used to feel proud of himself.

    These were old times, when non-living things too used to have sentiments – now even humans seem to have lost the emotions. Much to his chagrin, the broken pail used to feel because it is broken, Ram’s efforts get wasted.

    Once, out of compassion, the broke pail told to Ram – yes those were the days when people could hear murmur of non-living things too. Alas we dont listen to ourselves and fellow human beings – “I feel bad for you that I am broken and your hard-work goes in vain when by the time you reach home, I am empty. I am sorry for that.

    Ram too felt bad for the pail, however he said to the pail – today When we come back with water, look around en-route, there are a lot of flowers dont worry about water.

    The pail followed, there were a lot of different colored flowers with many different fragrances. it was happy seeing the flowers allover the route. When the famer reached his farm the broken pail was empty. Pail again felt sorry for loss incurred by Ram because of him. He again asked for apologies to him.

    Ram laughed this time around, he said to the pail. You know what? Those flowers exist because of you, I know you are broken, and water spill out of you all over the route. Knowing this I had put seeds of the flowers in the route. These flowers have made the road beautiful. People pluck the flowers to confer it to gods during prayers. You are broken but see, this helped a lot of people.

    In my innovation consulting engagements, we used to talk about – utilization of available resources. This was a good example of utilization of resource. Can you learn from Ram how to utilize the shortcoming of his resource to his benefit, or society’s benefit?

    Is it the case of strategic decisions – get rid of loss making or less profitable business and utilize the resources on other higher RoI projects? Does our Farmer in this case looks like Mr Ratan Tata?

    No, no, I have my opinions on the corporate (mis)governance, recent development in Tata group and Mr Dholakia of Shri Ram Krishna Exports. I hope to write on these some other time.

    Source of this Jataka Tale – http://www.hindisoch.com/jataka-tales-in-hindi/  (translated with freedom by KRD Pravin)

    Image source – http://mindry.in/blog/2011/05/29/civil-society-asks-government-to-acquire-highways-and-make-them-arable-lands/

  • Race – never ending







    I met Professor Arun Ramanathan a few months back (precisely in April). He taught us Corporate Governance and Business Ethics in our MBA. I told him a very practical daily situation I face. Whenever I walk, I am almost running, I notice that I walk very fast that I leave people behind as if there is a kind of competition happening. I am running to – say – win some competition.

    Courtesy Nilesh Yeram (my friend)
    Courtesy Nilesh Yeram (my friend)

    Why are we doing this? Am I alone in this kind of running (not just literal) without knowing where is the end or many professionals – like I do – are just running. Some running for money, some for a next bigger car or home, some others for a better position. Or is it that when people are young they just get in a race, a race no one knows who started but a race in which other peers are also equally involved (at least in the runners mind)? This is how ethics gets shelved in our personal and professional life. We are trying to be something. Is it of any consequence or what are the accolades related to that? It is of no interest in many cases. So the mentality is by hook or crook achieve the results.

    Two weeks back Rajagopaul uncleji shared a story with me. This perfectly relates to my discussion with Prof Ramanathan, so, sharing it here.

    Race

    I was jogging one day and I noticed a person in front of me, about 1/4 of mile. I could tell he was running a little slower than me and I thought, well, I shall try to catch him. I had about a mile to go my path before I needed to turn off. So I started running faster and faster. Every block, I was gaining on him just a little bit. After just a few minutes I was only about 100 yards behind him, so I really picked up the pace and push myself. You would have thought I was running in the last leg of London Marathon. I was determined to catch him.

    Finally, I did it! I caught and passed him by. On the inside I felt so good. “I beat him” of course, he didn’t even know we were racing. After I passed him, I realized I had been so focused on competing against him that I had missed my turn. I had gone nearly six blocks past it. I had to turn around and go all the way back.

    Isn’t that what happens in life when we focus on competing with co-workers, neighbors, friends, family, trying to outdo them or trying to prove that we are more successful or more important?

    We spend our time and energy running after them and we miss out on our own paths. The problem with competition is that it’s a never ending cycle. There will always be somebody ahead of you, someone with better job, nicer car, more money in the bank, more education, better behaved children, etc. But realize that “You can be the best that you can be; you are not competing with anyone.”

    Some people are insecure because they pay too much attention to what others are doing, where others are going. Take what has been given to you. Stays focused and live a healthy life. Run your own RACE and wish others WELL!!!

    Is not it a good thing to learn?

    Other related blogs

    Chinu and the pebbles

    Money worth earning

    Swasthay – dwelling in oneself

    What more you need?

    When will we stop?

    Why are you doing what are you doing?