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Centre for Corporate Spiritual Responsibility (CSpR)

OVERVIEW December 2014

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An initiative from

Corporate 2.0: The Future is here

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Is your Organization infected by LEE virus too???

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Higher rates of absenteeism

Higher rates of staff turnover

Reduced productivity

Decreased job satisfaction

Rising healthcare costs Lower levels of organizational commitment and loyalty

LACK OF EMPLOYEE ENGAGEMENT

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The current corporate set-up severely lacks a holistic framework to tackle the employee engagement challenges

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Inspite of all the technological progress, global hyper connectivity, instant access to knowledge , the results of

multiple Gallop polls in US still shows:

Unhappy employees cost the American economy up to $ 350 billion annually in lost productivity

7 in 10 US workers are not engaged with their workplaces

53% of American workers are unhappy in their jobs

US companies spend as much as $ 759 billion on salaries annually for which they receive no apparent benefit

The situation is no better in other parts of the world People working in organizations world over cutting across NGO, Government and Public Sectors and private enterprises are increasingly feeling deprived of meaning in their work place This is translating into poor work productivity, extended work hours, job burnout and stress, health and psychological challenges Current business paradigms, leadership and motivation theories and practices have failed to solve these core issues

AN INTERESTING SITUATION

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OUR SOCIETY

Openly measures individual

usefulness by what we do with

extreme focus on producing results

Powerful obsession with doing results

in lack of energy to contemplate the

true nature of our being, in knowing

who we are

OUR CORPORATE TRAINING COURSES

Consistent focus on teaching the

knowledge, skills and abilities to

succeed in DOING the work required

Great value is placed upon one’s ability to enjoy time off work with

Offsite and Team Building exercise

RESULTS PRESENT SCENARIO

Higher rates of absenteeism

Higher rates of staff turnover

Reduced productivity

Decreased job satisfaction

Rising healthcare costs

Lower levels of organizational commitment and loyalty

= Lack of Employee Engagement

Corporate world lately discovered that the pursuit of doing at the expense of being seldom yields any level of employee engagement…

In the past century, the corporate world has catered only towards developing Cognitive intelligence (which is about thinking) with recent involvement in Emotional intelligence (which is about feeling). There was no focus

on helping individuals in enhancing Spiritual intelligence (the art of being)

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An organization that focuses some of its resources on the development of spiritual intelligence sends a clear message to its employee base that it cares about each person as individuals (Dr. Andrew Thorn, Founder, Telios Corporation)

Corporations becoming ‘lean and meaningful’ leading to competitive advantage (HR Magazine, August 1998:46) – instead of simply ‘lean and mean’

Unlike I.Q, which computers have, and E.Q which exists in higher mammals, “S.Q” is uniquely human and the most fundamental of the three (Zohar & Marshall 2001).

Encouraging individuals to find meaning in work, cope with stress, encourage a democratic and community based organisation (Dehler and Welsh 1994, Biberman and Witty 1997)

It is linked to humanity’s need for meaning, an issue very much at the for front of people’s mind in the beginning of this century. (Zohar & Marshall 2001)

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…thus, leading to an all new discipline for employee engagement model called WORKPLACE SPIRITUALITY

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Several studies show that in organizations that have introduced spirituality into the workplace

have witnessed:

The criticism appears invalid when the goal is limited to helping

employees find meaning in their work lives with scientific tools &

techniques

Like any other initiative, the pursuit of an organization to help employees develop & reach their potentials holistically face certain challenges

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COMPATIBIITY

ARE SPIRITUALITY AND PROFITS COMPATIBLE?

BASIS: The issue of whether spirituality and profits are compatible objectives is certainly relevant for anyone in business. The evidence, although limited, indicates that the two objectives may be particularly compatible.

DO ORGANIZATIONS HAVE THE RIGHT TO IMPOSE SPIRITUAL VALUES ON THEIR EMPLOYEES?

BASIS: The potential for an emphasis on spirituality to make some employees uneasy is clearly present. Critics argue that organizations have no business imposing spiritual values on employees. This criticism is undoubtedly valid when spirituality is defined as bringing religion and God into the workplace.

LEGITIMACY

Improved productivity

Increased creativity

Better team performance

Reduced turnover

Greater satisfaction

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A growing number of organizations however are setting up the trend by embracing workplace spirituality, a breakthrough in employee engagement

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WHAT DO ORGANIZATIONS SUCH AS RECKIT AND COLEMAN, WIPRO, DABUR OR TATA TEA HAVE IN COMMON?

TOLERATION OF EMPLOYEE

EXPRESSION

TRUST AND OPENNESS

EMPLOYEE EMPOWERMENT

FOCUS ON INDIVIDUAL

DEVELOPMENT

Organizational members know

why the organization exists

and what it values

Employers are valuable and need to be nurtured

to help them grow.

These characteristics also

include a sense of job security

The organization culture

encourages employees to be

themselves and to express their

moods and feelings without

guilt or fear of reprimand

Organizational member relationships are

characterized by mutual trust, honesty

and openness.

Employees are allowed to a

make work related decisions

that affect them, highlighting a

strong sense of delegation of

authority.

STRONG SENSE OF PURPOSE

HOLISTIC CORPORATE

Organizations that promote a

spiritual culture recognize that

employees have both a mind and a spirit, seek to

find meaning and purpose in their work, and

desire to connect with

other employees and

be part of a community.

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Although the core corporate spiritual center has the direct impact on each individual….

INDIVIDUAL

SELF AWARENESS – Knowledge of core strengths and weaknesses

SELF REGULATION - Trustworthiness, Responsibility, Adaptability

MOTIVATION - Drive, Commitment, Initiative, Optimism, Charisma

PERSONAL COMPETENCE – HOW WE MANAGE OURSELVES

SOCIAL COMPETENCE - HOW WE HANDLE RELATIONSHIPS

EMPATHY - awareness of other’s feelings and concerns

SOCIAL SKILLS - adeptness a inducing desirable responses, such as communication, conflict management, cooperation, and leadership

AN INDIVIDUAL IN A HOLISTIC WORKPLACE ARE MORE LIKELY TO DEMONSTRATE :

— Enhanced Teamwork (Mitroff & Denton, 1999; Neck & Milliman, 1994)

— Greater Kindness & Fairness (Biberman & Whitty, 1997)

— Increased Awareness of other Employees Needs (Cash & Gray, 2000)

— Increased Honesty and Trust within their Organizations (Brown, 2003; Krishnakumar & Neck, 2002)

— Higher Incidences of Organizational Citizenship Behavior (Nur & Organ, 2006)

— Express more Servant Leader Behavior (Beazley & Gemmill, 2006)

— More Sensitive to Corporate Social Performance (Giacalone, Paul & Jurkiewicz, 2005)

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….the effect indirectly contributes to the overall organizational success

9 Source: Harvard Business Review, July 2008

ORGANIZATION

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Swami Vivekananda Yoga AnusandhanaSamsthana (S-VYASA) University, Bangalore launched the Centre for “Corporate Spiritual Responsibility” (CSpR), the first of its kind in the world, on 12th

January 2014 in commemoration of the 150th birth anniversary of Swami Vivekananda. Various dignitaries who inaugurated the program:

PADMAVI BHUSHAN DR B.K.S. IYENGAR Founder, Ramamani Iyengar Memorial Yoga Institute (RIMYI), Pune

JAGADGURU AMRITA SURYANANDA President, Yoga Portuguese Confederation

PADMA BHUSHAN DR VIJAY P BHATKAR Architect of PARAM series of Supercomputers

DR. NIRMALA KAJARIA Head of Brahma Kumaris for Asia & Pacific

SRI RAVI GOPALAKRISHNAN CEO, Byte Consulting

SRI AJEET SAXENA Chief Manager, Southern Railways

SRI BINOD SINGH President & CEO, ILANTUS Technologies

DR. YUGANDHAR Secretary, The World United

DR. K.B. AKHILESH IISc, Dean, Div. of Yoga & Management Studies

DR. RAMACHANDRA BHAT Vice Chancellor, S-VYASA University

DR. H.R. NAGENDRA Chancellor, S-VYASA University

SRI SAI SAMBAT Head, Knowledge Management, Pegasus Institute for Excellence

World’s most innovative holistic initiative for the world of corporate was launched to tackle the modern day lifestyle ailments

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Corporate Spiritual Responsibility is a step in this direction to lay the new pathways and road maps in a sustained manner

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Put spiritual advancement of the

Individual & the Corporation at

the heart of the enterprise

V I S I O N M I S S I O N

1. Education & Dissemination

2. Spiritual Assessment &

Development services

3. Advocacy & Intervention

4. Research & Development

5. Advisory & consultancy

CORE ACTIVITIES

Chapero e “piritually the i dividual a d the corporates from self- inflicted

darkness of ignorance of thinking and

operating as stand-alone units, to the

awakening and realization of their being

part of a Network. And achieve this by

appropriately configuring and upgrading

the Individual, Business and Corporate

Operating Systems (OS) from the present

i o plete aterialist platfor to a O“ ased o the holisti “pirituo “yste platform.

Overview of Holistic Spirituo System

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Center for CSpR was created with a primary objective of providing the corporate world with a scientific platform for holistic assessment & intervention

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To conceptualize, propose, design and develop parameters,

tools and techniques to assess the degree of

Spiritual awakening and alignment in individuals, and link level of spiritual awakening to the level of

responsibility and position in the corporate

hierarchy

To develop tools to link spiritual caliber to assess the suitability for higher positions and promotions right from recruitment to training and promotions

till retirement – “Chaperoning the

Manager Spiritually” - throughout his/her

professional pilgrimage

To develop mechanisms to periodically check the spiritual alignment of

employees and keep them spiritually fit by way of

timely interventions and inputs to upgrade them leading to the spiritual

flowering of the organization, its

employees, the society and the Spirituo System

as a whole

To innovate practices to demonstrate to the

world the right protocol to live life, in

consonance with the core truth, “Let Spirit

Lead the Matter”

Through the activities of this center, our University partner, S-VYASA has chosen to highlight the spiritual dimensions of the business management by initiating high end research work across

several layers

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Driven by innovation, our research partner SVYASA University has developed for the first time ever a holistic index based on pure scientific principles

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INSPIRE-INDEX is a function of RI,HI,PI and CI

Index Overview

RI: Resource Index ( Capacity PER CAPITA INCOME)

(include material & human resources)

Material Manifest (Debts & Resources)

No. of Human Beings

HI: Health IndexNo. of Persons - No. of sick Persons

Total No. of Persons

PI: Personality Index∑ EPI/ PGI scores

Total No. of Persons

CI: Contribution Index

Where, Mi = Money (in cash or kind) paid by individual

Ni = Money earned by that individual

M = Total amount paid by company for charitable projects

N = Net profit of the industry

EFFECTIVE GROWTH RATE PER YEAR (EGR) Growth rate of SI function of (RI, HI, PI and CI)

Mi M+Ni N

Our Integrated Spiritual Evaluation Index (INSPIRE-INDEX) is designed with an objective of not only tracking the baseline score of Effective Growth Rate (EGR) for every individual but also, at the same time guiding them to

scientific ways to improve the score in a very short period of time

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Our Proposed Organization structure for our Corporate Center of Spiritual Responsibility

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EXECUTIVE DIRECTOR

DIRECTOR (AWARENESS, EDUCATION &

DISSEMINATION)

DIRECTOR (SPIRITUAL

ASSESSMENT & DEVELOPMENT)

DIRECTOR (ADVOCACY &

INTERVENTION)

DIRECTOR (RESEARCH & DEVELOPMENT)

DIRECTOR (ADVISORY &

CONSULTANCY)

— Public and Media Relations

— Collaborations

— Resource Mobilisation and Allocation

— Planning, Budgeting, Review & Control

— Stakeholder Relations

EXECUTIVE EDUCATION

•Training Programs

•Workshops

•Awareness camps/retreats

ACADEMIC PROGRAMS

Short term courses

•CSpR Evangelist Course

•CSpR Assessor Course

•CSpR Auditor Course

Long term courses

•CSpR Fellows

•CSpR Scholars

•PhD Program

AWARENESS &

DISSEMINATION

•Seminars

•Conferences

DIGITAL & SOCIAL MEDIA

Individual Spiritual

Assessment &

Development (SMET

Plus)

Corporate Spiritual

Assessment &

Development (based

on Inspire Index)

BUILDING COMMUNITY &

MOVEMENT

Membership mobilisation

CSpR Communities

CSpR Chapters

INFLUENCING THROUGH

CSpR Interest Groups

CSpR Cells in Industry

Associations, Chambers of

Commerce

INTERVENTIONS

CSpR Awards

CSpR Summits/Conclaves

CSpR Monthly/Quarterly

Corporate CSpR Audits

CSpR based

Organisational Design &

Development Services

CSpR based HRD/HRM

CSpR Corporate

Governance Advisory

CSpR Workshops for C-

Suite Executives and

Board Members

DEVELOP CSpR MEASURES

Corporate CSpR Index

Individual CSpR Index

Professional CSpR Index

DEVELOP CSpR DEVELOPMENTAL

PROGRAMS

Individual Wellness

Group/Team Harmony

Values & Integrity

DEVELOP CSpR

PRODUCTS/SERVICES

Corporate CSpR Audit Manual

CSpR OD Framework & Manual

CSpR HRM Framework &

Manual

CSpR Corporate Governance

Framework

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PROGNOSIS: The Center envisions a future in which corporate entities will undergo an orbital shift to being ‘Enlightened Enterprises’

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Prevalent Ethics in management are at best the ‘Traffic Rules’, while CSpR intends to be the very skill of driving, enabling one to drive in Auto Pilot mode getting GPS guidance from the light house within

Driven by Spirit and fired by the Realization, Vision and reality of the existence of a larger Spirituo System, will eventually lead to a multi -dimensional abundance, holistic wealth creation and fulfillment, in consonance with the Spiritual principles - that govern all the living existence – material wealth included

With their ‘Corporate Conscience’ solidly invoked and firmly being in the driving seat, organizations will operate in alignment with larger purpose of existence.

They will be inspired to shape the corporate goals, and fine-tune and align them to larger goals of human existence.

Such a corporate transformation will herald, for individuals, a working career with a ‘Conscious Corporate’ – a blissful pilgrimage leading to all round abundance – not just prosperity

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Achieving Holistic Life-Work Balance for your organization is in your hands!

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www.ccspr.org Source: Chinmaya Mission

Take care of your

Balance-Sheet

Our Birth is our Opening Balance

Our Death is our Closing Balance

Our Prejudice Views are our Liabilities

Our Creative Ideas/ Good Deeds are our Assets

Heart is our Current Asset

Soul is our Fixed Assets

Brain is our Fixed Deposit

Thinking is our Current Account

Balance Sheet Of Life!

Goodwill & Achievements are our Capital

Character & Morals, our Stock-in-trade

Friends are our General Reserves

Values & Behavior are our Goodwill

Patience is our Interest Earned

Love is our Dividend

Children are our Bonus Issues

Education is Brands/Patents

Knowledge is our Investment

The profit or loss is our KARMA Earned.

So, before the INCOME-TAX assessment (arrival of death), Balance your Sheet!

It is however the responsibility of every individual to design their own