Business to the Buddha

Tag: corporate values

  • Business and Humanity






    The visionary thinks beyond his company or his immediate profit. He thinks of the larger good. And, that is what makes him different. There is no place for labor exploitation and harassment of workers in such an enterprise

    I have been thinking about both Business and Humanity repeatedly. The above quote was one that caught my attention. This blog was due in Sept 2014. Yes a lot of things come in mind and thus ideas get spread, and forgotten at times.

    I revisited this title with reference to an interesting news of recent past – Donating the milk of human kindness. This kind of businesses and business ideas impress me a lot. There are a lot of social enterprises that work on the balance between Business and Social good. I have written a couple of blogs on social enterprise earlier. At times it is very difficult to survive in competitive markets with such a cause. There may have been a lot of other companies that probably we (I) might not know and were wound up due to financial crisis. When such closures happen, I start questioning myself again – what is the purpose? Why we work? and many other such leading questions. These points make me wonder many a times, that perhaps when we did not have the concept of money, humans were valued more. With Humans, human values were respected more. With human values, we probably were more caring, just and welcoming.

    The other thoughts going on in my mind were – my recent vacation to Ganpatipule and a video clip of actress Mahira Khan which is going viral of late. In Ganpatipule I visited “Prachin Kokan” a tourist attraction there. It is a place to know about how was Indian social fabric in past, for those who have never lived in Indian village or are kids growing up in tier-1 or tier-2 cities in India it could be a place to know how was our society. Though caste system was depicted there, I could not find a mention to “untouchables” there, so I may be able to write on what was wrong in past – compared to what we learnt in schools. In that museum I could relate to business and humanity working together in historic India – such as a bangle seller would not take money from a baby girl of village. At the time of the girl’s marriage, father of the girl will give this bangle seller gold coin or something. I wonder if we were less ambitious (perhaps driven less by wealth) – as a society – during those times. I could relate this museum and that society to gratitude.

    Gratitude, made me connect to the opinion and viral video clip of Mahira Khan. In this video I felt that if this actress had problem with India she should have refused working here. Though the interviewer is talking more in the clip, but if a person has so much issue with a whole country he or she should just keep oneself away from them isn’t it? This shows a person being opportunistic and thankless. This thought makes me go round to business. The actress is doing business, by acting in Indian movie. Agreed! The question again comes back – can we club or say compromise – “business and humanity” and “business and our self-respect” and “business and our values”?

    Quote – Business Standard article – Buddha at Work

    Disclaimer – author has not seen/visited the website of BabyChakra (referred in the donating the milk of human kindness), nor is related to the company.

  • Special situation needs special solution







    Crisis unites, for how long? I was thinking about Quantitative Easing of Fed in the US. While thinking undoubtedly read G20 communique of 2009 e.g. London Summit here. A prologue about this communique. In 2008, US financial market collapsed. This resulted in domino effect across geographies. Every country, its financial system and thus citizen of the country were adversely affected. Do not ask me – what happened to those who were responsible for this collapse? Many of them made huge money and (almost) vanished! as – according to the books – they earned legitimately. Coming back to the point – otherwise a competitive world became a co-operative world. The mindset changed like this –

    “…We will conduct all our economic policies cooperatively and responsibly with regard to the impact on other countries and will refrain from competitive…” (source – London Summit communique para 12).

    I am forced to think – do we need crisis to unite the world and people?

    The thought is in the mind because now, when things seem to be fine with the US economy or may be just because US Fed wants to reduce burden on its balance sheet they came up with a solution of QE and rest of the world feels US is renaging the agreement/communique.

    I assume, we may go in another set of moderate crisis in coming time, we have not come out of the crisis completely. However, perhaps, this time world would have lesser belief on Govts, financial system and the cooperation as agreed by the leaders, economists and Financial Organizations.

    The trust deficit we live in – or we will live in – requires special measure. A special situation demand a special solution. Since, I am more of an spiritual person I feel the solution is moving towards spirituality. This can be done two ways – bringing spiritual lessons in corporate life or making corporate values resonate, implemented and executed spiritual life. Signing a document does not solve problem in long term – we are seeing that happen through tapering of quantitative easing by USA.

    Disclaimer – Author doesn’t intent to criticize QE, author is of the opinion of looking at the basics of the problem – Greed. Author has written few blogs on Greed earlier here.