Ethic and mral in the ramayan

2. SALInstitution Of Management
Business Ethic
And
Corporate Governance
ramayan
Submitted By:
Haresh Hirani (148070592017)
Kalpesh Limbani (148070592038)
Sanjay Varsani (148070592081)
Submitted to:
Prof. Apeksha

3. Introduction
The Ramayan is an ancient Sanskrit epic about Ram.
The epic was originally written by sage (rishi) Valmiki
of Ancient India.
Ramayan means Ram = Atman (Soul) + Ayan = Progress
(Journey) = Journey of the Soul.

4. Lesson Learn From Ramayan
Sibling Relationships (Ram And Laxman)
Differentiating Between Right And Wrong (Bharat)
The Value Of A Promise (Dashrath To Kaikeyi)
Love And Respect For Parents (Dashrath And Ram)
Beware Of Bad Counsel (Kaikeyi And Manthara)
Unafraid To Take Any Challenge (Jatayu And Ravana)

5. Management Lessons
A Premium On Values
High On Motivation
Mergers And Alliances
Succession Planning
Excellence In Execution
Concern For Environment
Dependence On Yes-men!
Power Of Attorney
Building Leadership Skills
As a Manager

6. Management Lessons
Sticking to some core values
which are steeped in
righteousness eventually leads
to success. The main
protagonist, Rama, is depicted
in Ramayana as an epitome of
virtue. He is an ideal king, an
ideal son and a pragmatic
person. He sets high ethical
standards in warfare and
invariably sides with dharma,
or righteousness.
A Premium On Values
A random sample of all
successful business houses
which have been around for
more than a century now –
Siemens and Tatas, for
instance – is sample proof that
ethics in business do pay
dividends in the long run.
Names of such business
houses enjoy tremendous
brand equity in the market;
understandably, that rubs off
on their products as well.

7. Management Lessons
Rama wages a war on Lanka
with very limited resources,
backed by an army which is
pretty out-of-the-box or
unconventional. It is an army
which is highly motivated,
expecting minimal facilities.
Goes on to show the
superiority of motivation
levels over the availability of
physical resources.
High On Motivation
A CEO who is out to increase
his market share needs the
back up of a highly motivated
sales staff which – if
motivated well – would go all
out to win the hearts and
wallets of the company’s
customers.

8. Management Lessons
Likewise, the friendship of
Rama and Sugriva sets a good
example of mutual
cooperation between two
people facing a similar
predicament in life and
career. What follows is Sita
getting traced in Lanka and
Ravana eventually getting
vanquished.
Mergers and Alliances
When Etihaad decides to team
up with Jet Airways, or when
Tata Steel ties up with Corus,
the parties involved are
looking for synergies in their
respective core strengths, so as
to tap their joint business
potential better.

9. Management Lessons
Dasaratha’s plans for installing Rama
on the throne of Ayodhya do turn
topsy-turvy, but the existence of a
clear succession plan can never be
denied. This is meant to ensure
continuity in governance. It helped
that besides being the eldest son,
Rama was liked by all and hence
chosen to lead the kingdom once his
father passed away.
As per Raghuvansham of Kalidasa,
when the time comes to relinquish
his body, Rama divides it equitably
between his two sons – Lava and
Kusha.
Succession Planning
All well-managed companies
ensure that the career
development plans of their top
performers are directly linked to
succession plans. Ideally, good
leaders invariably groom at least
three managers under them.
When one gets promoted to the
coveted slot, it is quite likely that
two others may seek greener
pastures elsewhere. Whatever
happens, the goals and the
processes involved in achieving
the same enjoy uninterrupted
continuity.

10. Management Lessons
The plan to locate Sita gets
brilliantly executed by
Hanuman. The wisdom with
which he conducts the search
and the single-minded pursuit
of the goal is an example
worth emulating by managers
at all levels. While crossing
the sea, he declines an
invitation from Mount
Mynaaka to take some rest on
the way.
Excellence in Execution
The manner in which he
assures Sita of his
genuineness exhorts
managers to conduct
commercial negotiations by
first setting the anxieties of
the opposite party at rest.

11. Management Lessons
For three days, Rama prays to the god
of the sea to grant a passage to his
army. Nothing happens. Rama then
shoots arrows into the bosom of the
sea, whereupon the sea-god appears
and explains that he is bound by the
laws of nature, just like earth, air,
space, light and all constituents of
the universe. Creatures living under
his shelter he cannot forsake, but
surely a shallow area can be shown
where a causeway can be built.
Rama accepts the sea-god’s apology
and orders the building process to
start. Thus, the objective is met
without damaging the eco-system.
Concern for Environment
In the current context,
governments all over the
world are realizing the
importance of striking a
judicious balance between
economic growth and
environmental concerns.
Rama’s approach inspires us
to strive to find the middle
path and ensure that Mother
Nature is not unduly disturbed
to pave way for crass
commercialism.

12. Management Lessons
Ravana is a highly learned and
accomplished person. One of
the reasons for his downfall is
to neglect the advice of nay-
sayers. His wife, Mandodari,
brother Vibheeshana and
grandfather Malyavaan – all
advise him to return Sita to
Rama. Instead, he chooses to
listen to his courtiers who play
on his ego and pride and
advise him not to do so
Dependence on Yes-men
A couplet in Sundara
Kanda of Ramcharitmanasa cl
early advises us to ignore the
advice of a paid deputy, a
doctor and a teacher who
speak positively out of either
fear or expectation of a gain.
A king who acts upon such
motivated advice loses his
kingdom, his body and his
righteousness (dharma) as
well.

13. Management Lessons
The sincerity with which
Bharata takes care of the
kingdom’s affairs while Rama
is away speaks of true values
of follower-ship. Upon his
return to Ayodhya, Bharata
informs him that the
kingdom’s revenue had gone
up ten-folds during the
fourteen years he was away.
Power of Attorney
Here is an excellent example
of a kingdom held in trust and
good faith, much akin to the
present day concept of a
power of attorney getting
appointed to take care of
administrative and legal
matters of a business when
owners are not readily
available.

14. Management Lessons
Building Leadership Skills
Provide a concrete vision to followers (Provide a compelling dream
along with a clear scenario of how it will be accomplished)
Believe in the ability of subordinates to achieve an aim and inspire
them to do so (Set ambitious goals and motivate troops to meet
them)
Treat all people equally (Develop relationships with people
regardless of social status and treat everybody with courtesy and
respect)
Consult subordinates on important matters and allow them to give
their opinions freely (Empower subordinates )
Follow a code of ethics and be ready to sacrifice to follow it (Build
credibility by living according to cherished values.)

15. Management Lessons
As a Manager
Shouldn’t ignore the suggestions from employees (as
Ravana doesn’t listen of anybody)
Listen to subordinate (Ravana doesn’t listen to
Vibhisan who can guide him in good way)
Buildup good relationships (as even Ravana was at
last stage of his life ready to listen the advice of Ram)

16. Thank you