Business to the Buddha

Tag: SP Jain Center of Management

  • Saint in Suit







    It was Feb or March of 2011. We were just completing our MBA and as would be the case with any other B-school companies were visiting campus for recruitment. A big company was scheduled to visit one day. One of my friends – Jaydutt – was among the most likely candidates to be selected. However, he did not even attend the presentation of the company. Everyone was curious, why?

    I – besides others – was shocked it! I went to his room and asked him, why did not you attend the presentation itself forget the recruitment process?

    He said – “I know the company well, and I have firsthand experienced working there. Pravin, as confident you were, other friends too were confident and I was under pressure to make a decision, it was a enormous confusion I was also not able to make a choice. So, yesterday night when I was about to go to bed, I asked myself this question – ‘if I join them, would I be happy getting up every day in the morning and going to office? Would I enjoy working there? I would invest at least 8 hours per day there, which is 33% of my daily life or close to 50% of my hours awake in a day, am I really keen to go there?’ My conscience told me NO! I decided to skip the company.”

    MeditationThis small conversation with Jaydutt made me think – those points were such that even after full 5 years I still remember the discussion. I recalled that small discussion with Jaydutt when I planned another of my journey from Business to the Buddha to Saint in Suit. I realized whenever I say Business to the Buddha, there seems to be a gap between Business and the Buddha. There seems to be a movement from one place to the other. It requires separate effort or action.

    When I met Fateh uncle recently, I realized that it is not going from one place to the other. It is “being” that. He is a successful businessman and a spiritual person. The title Saint in Suit actually came in my mind when we met once and he was wearing a suit! Now or in future we’ll have to be professionals with the spiritual connect. We need to be saints in the form of professionals. That awareness will either sprout or if does not, we need it to be developed. Though, unfortunately currently I don’t have time to commit to this and keep writing regularly there besides keeping my pace here too.

    Saint in Suit concept is spirituality and business are together. In this concept the plan is to write about how business works (or should work) on spiritual practices, how it can work on spiritual practices, sharing any model related spirituality and business, sharing or defining model related to spirituality and business in any business function e.g. Board level to line executive from marketing to HR to suppliers etc.

    I’m hoping to bring like minded people on this platform to start writing about being saint in suits. your contributions are welcome there create your login.

    Image source – http://www.bravefury.com/six-reasons-men-should-do-yoga/

  • Interdependent co-arising – macro-economics example







    I hae written on Interdependent co-arising (older blogs at the link) earlier.  The concept simply means – we are all dependent on each other.

    Those who want to know the concept in layman term follow this blog – interdependent co-arising example of a farmer.

    Definintion of interdependent co-arising is below with a macro-economics example. In late 90’s the East Asian countries faced a very serious economic challenge of decades. The financial system came down like a house of cards. Dr Joseph Stiglitz – Economics Nobel Prize winner of 2001 – shares the concept of interdependent co-arising (dooming in otherwords) in his book  – “Globalization and its discontent“. On Page 106-107 he invariably – and inadvertently perhaps – explains what is interdependent co-arising. Hope economists would understand this lesson, if not from the Buddha then from Dr Stiglitz.

    Beggar-Thyself Policies

    Of all the mistakes the IMF committed as the East Asian crisis spread from one conuntry to another in 1997 and 1998, one of the hardest to fathom was the Fund’s failure to recognize the important interactions amont the policeis pursued in the different countries. Contractionary policies in one country not only deepened that country’s economy but had adverse effects on its neighbors. By continuing to advocate contractionary policies the IMF exacerbated the contagion, the spread of the downturn from one country to the next. As each country weakened, it reduced its imports from its neighbors, thereby pulling its neighbors down.

    The beggar-thy-neighbor policies of the 1930s are generally thought to have played an important role in the spread of the Great Depression. Each country hit by a downturn bolster its own economy by cutting back on exports and thus shifting consumer demands to its own products.A country would cut back on export by imposing tariffs and by making competitive devaluation of its currency, which made its own goods cheaper and others countries’ more expensive. Howeer, as each country cut back on imports it suceeded in “exporting” the economic downturn to its neighbors. Hence the term bagger-thy-neighbor.

    …

    Solution to all these economic, social, personal, spiritual or other problems?

    Its interdependent co-arising itself. We all need to help each other grow – grow the pie and share it well, if not equally!

  • Chhoti Si Baat (Small things…)







    This post is dedicated to all my friends whom I met exactly one year back at SP Jain Center of Management Singapore Campus. Video on the link of Youtube. This is a song from an old Hindi Movie (Chhoti Si Baat). Bold are the lyrics in English for my international friends… for Phuong – please don’t try to learn Hindi from the below translation you may get confused 🙂

    Na Jaane Kyu, Hota Hai Yeh Zindagi Ke Saath
    Achaanak Yeh Mann, Kisike Jaane Ke Baad
    Kare Phir Uski Yaad Chhoti Chhoti Si Baat
    Na Jaane Kyun …
    I wonder why, this happens with life
    this mind suddenly remembers
    small things about someone; after he is gone
    I wonder why

    Jo Anjaan Pal, Dhal Gaye Kal, Aaj Woh
    Rang Badal Badal, Mann Ko Machal Machal
    Rahen Hai Chal, Na Jaane Kyun Woh Anjaan Pal
    Saje Bhi Na Mere, Naino Mein
    Toote Re Hai Re Sapno Ke Mahal
    Na Jaane Kyun …
    Those unknown moments,
    happened earlier,
    are playing in mind today I wonder why
    Without you my dreams of palace are shattered
    I wonder why it happens with life

    Wohi Hai Dagar, Wohi Hai Safar
    Hai Nahin Saath Mere Magar Ab Mera Humsafar
    Idhar Udhar Dhoonde Nazar Wohi Hai Dagar
    Kahan Gayi Shaamein, Madhbhari
    Woh Mere, Mere Woh Din Gaye Kidhar
    Na Jaane Kyun …
    The road is same the jorney is the same
    my eyes are searching for my companion
    I wonder why…
    Where did my evenings go
    where did my days go
    Wonder why is this happens with life
    suddenly this mind
    remembers small things
    about someone after he is gone
    I wonder why…

    Good luck to you all, do well. It was a wonderful learning experience with wonderful classmates and Professors.

    [youtube=http://www.youtube.com/watch?v=mL6Sc9SU5jE]

  • Business Value system – Integrity







    “Integrity is very important in GE and the fastest way to get fired in GE is ‘NOT sharing knowledge/information’.”

    I have seen mission, vision and value statements of many companies. Occasionally, I have seen a word which seemed alien to me in that – integrity. I was wondering on the concept of Integrity and how it relates to business value system in the cut throat competitive world? I asked this question to Dr Ianna Contardo my professor of global business strategy and Associate Dean of the SP Jain Center of Management GMBA in Dubai. I had a brief nevertheless holistic discussion on the same. Her answers to few of my questions reinforced my approach on Business to the Buddha.

    In her opinion integrity is – unifying abstract projections of the wholeness of the identity of the being. It relates to how we behave and act in the world, align to the commonsensical approach that we are a ‘continuation of humanity’.

    This definition of integrity seemed very humane to me and therefore less business oriented. My apprehensions also echoed from the questions few people have earlier asked me, how social and commercial aspects can go hand in hand e.g. business to the Buddha. So I asked, can you please elaborate on ‘continuation of humanity’. She said – we are parts of the whole, that turns our life meaningful and transforms our existence into a multifaceted thinking, diverse interdisciplinary environments with its reach on bountiful examples of doing good through business. The statement reverberated (especially – we are parts of the whole) again to Buddha’s lessons to me. Moreover, it connected to the business very effectively.

    Then how to associate competition with integrity, how to respond to competition? There is no turning back on the values for a business and if integrity is one it also applies to fulfill expectations of all the stakeholders (including the competitors). Integrity plays a balancing role in creation and the future of business would be balance between business and humanity. CSR, social enterprises and NGOs are the initial first few steps towards the same.

    Poetically, she referred to a song and summed up – In a way, integrity represents the tipping point, the fulfillment of this prophecy whereby once you think of yourself as an accomplished ruler you will end up in the misery of solitude. On the other hand, if you walk your talk and you are that integral part of the whole, you do get to fit. Strategically, enhancing the experience of the Buddhist approach to existence is common to that of using your know-how in business. If you do engage with the rights and wrongs, learning will take place.

    What lesson I take out of this discussion was – integrity is not just a word in the dictionary of business it is actually getting into the business value system. As we are progressing in time the concept is becoming prominent and businesses are also evolving as humanistic institutions.