Top 10 Ethical Busi

7/29/2019 Top 10 Ethical Busi

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Presented By :-Premal Mistry PG-11-093

Tejas Shah PG-11-109

Mithun Thakkar PG-11-115

Mohit Trivedi PG-11-116


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INTRODUCTIONYou will be surprised to know that only 3-4 Indian

companies and their respective business leaders figure onthe list of top ethical business companies in the world.

They are the following : TATA

WIPRO

INFOSYS

HDFC

The rest of the companies and leaders have not figured onthe list of top ethical leaders in the world but we feel thatthe company is run by broad-minded ethical minds andhence have highlighted the same in our presentation.


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Tata

Ratan Tata


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Ratan Tata is example of a leader who is committed toTriple Bottom line.

One is the traditional measure of corporate profitthe bottom line of the P&L Account.

The second is the bottom line of a company's PeopleAccount a measure in some shape or form of how

the organization contributes and deals with peopleinside and outside the organization.

The third is the bottom line of the company's PlanetAccounta measure of how environmentally andsocially responsible has the company been.


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From the beginning, the management at Tata

Group had sought to function with ethics,integrity, social consciousness, and fairness...

He is the most prominent Indian leader whose

inner values and outer actions demonstrate anevolved higher level of responsible leadership


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Wipro

Azim Premji


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Ethics is not about religion but ethical behaviourmakes good business sense. Ethical behaviour gets you

ethical customers, ethical suppliers and ethicalemployees.

According to him, capacity building towards deeperethical behaviour is required as it begins at the bottom

and not at the top.

Employees must know, feel and be reassured about thefact that they work in an environment that is safe inevery sense of the word.


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Recognitions such as being acknowledged recently as

one of the 2012 Worlds Most Ethical companies by theEthisphere Institute, the American leading businessethics institution.

His business qualities includes transparency, integrity,

trustworthiness and honesty.


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Narayana Murthy


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Giving value to customer is what Mr. Murthy believes.

Transparency in working and being fair to people arethe personal code of conducts that should be adoptedin working culture.

NRNarayana Murthy express that Growth comes

from repeat business, repeat business comes fromrelationships, and relationships with customers arebuilt on trust and trust is built by delivering qualityproducts.


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From beginning, their company was one of a kindwhere commitment is considered as a strong value

system. Mr. Narayana Murthy always believed in putting

organizations interest ahead rather than own interest.

He always believed in executing legal and ethical

business in company. According to him a leader should endorse to a value

system, which design the protocol for conduct andbehavior that embellish the commitment, confidence,enthusiasm and joy of other in the community


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HDFC

DEEPAK PAREKH


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The bank is committed to maintain the highest level ofethical standards, professional integrity, corporate

governance and regulatory compliance.

HDFC Bank's business philosophy is based on four corevalues: Operational Excellence, Customer Focus, ProductLeadership and People.

The bank's competitive strength clearly lies in the use oftechnology and the ability to deliver world-class servicewith rapid response time.


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Over the last 13 years, the bank has successfully gainedmarket share in its target customer franchises while

maintaining healthy profitability and asset quality.

Leading Indian and international publications haverecognized the bank for its performance and quality.


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GODREJ

ADIGODREJ


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The principles of conduct and behaviour in the Codeare of national interest, ethics and integrity in allactivities, adherence to values, transparency andopenness, avoiding of corrupt practices, andencouraging competition.

There is a consistent application of commitment andethical business conduct, Godrej has earned anunparalleled reputation for trust and reliability.


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He values integrity, trust, service and respect for

individuals and for the environment. Under his leadership, company is involved into

philanthropy and initiation of labour reforms besidesbeing recognized for our fair, transparent and ethical

dealings.


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Kumar Mangalam Birla


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The Securities and Exchange Board of India (SEBI) set

up a committee under Kumar Mangalam Birla to

design a mandatory-cum-recommendatory code for

listed companies

It became mandatory for listed companies through

the listing agreement, and implemented according toa rollout plan


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He possesses Value Driven Governance.

The Gandhian idea of trusteeship guides the

organizational approach to wealth and wealthcreation, and he considers itself a trustee of theshareholders' wealth.

The group's value orientation is driven from thetop.

Here the chairman personally write to each of theCEOs advising them not to take shortcuts with law,

even if it would benefit the group.


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Most important, good corporate behaviour tendsto attract the best talent to work for anorganization.

So being good is not only good in itself, but also

very good for business growth and sustainability.


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Rashesh Shah


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Profile Graduation from K.C College in BSc Statistic.

IIFT course

MBA from IIM-A Edelweiss Capital: 1996

He is Chairman and Co-founder


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His code of ethics includes a spirit of fairness,transparency and impartiality.

He also ensures compliance with the principles ofhonesty, impartiality, fairness and transparencytowards their counterparts and the community ingeneral.

All Group Subsidiaries promote the creation of a workenvironment featuring a strong sense of ethicalintegrity, in the belief that such an element is crucialfor an effective internal control system and positively

affects the achievement of the companys success.Adopted Whistle Blower Policy that provides the

employees an avenue to raise concerns in good faith inline with the Edelweiss Code of Conduct


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ICICI Bank

Chanda Kochhar

There are a lot of times when youtake a decision for ethicalgovernance, for regulatory

compliance and so on and it mayhurt your commercial objective and

lead to a loss of a businessopportunity. We might have never

launched a product if we thought itwas not compliant with regulationssuch as KYC (know-your-customer)

rules or AML (anti-moneylaundering) processes.


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Profile Chanda Kochhar (born November 17, 1961) is

currently the Managing Director (MD) of ICICIBank and Chief Executive Officer (CEO).

ICICI Bank is India's largest private bank and overallsecond largest bank in the country.

She also heads the Corporate Centre of ICICI Bank.


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TVS Group

WSJ: You believe the profit motiveshould not be all-consuming?

VS: Business is for profit, of course,which is what the contribution ofthe great American industrialrevolution is about. But people also

want to maximize not one butseveral objectives at the same time.That's why business can partnerethics, which means you don'tevade excise and you build trust

with your employees.

Venu Srinivasan


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ProfileVenu Srinivasan is an Indian industrialist; the

Chairman and Managing Director of SundaramClayton Ltd and TVS Motor Company, the third largest

two wheeler manufacturer in India.

He also served as the President of Confederation ofIndian Industry for the year 2009-10.

He is the Honorary Consul General of Republic ofKorea and a Member of the Prime Minister's Councilon Trade & Industry. He was also President ofthe Society of Indian Automobile Manufacturers.


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Larsen & Toubro One defining bet you

made that paid off in

your life?

The decision to leave myhigh-paying first job (wherehuman dignity waslacking), and opt for L&T at

a much lower salary. It givesme tremendous satisfactionto work for a company thatserves the nation.

A M Naik


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ProfileAnil Manibhai Naik(born June 9, 1942) is the worker

and Managing Director of Larsen & Toubro Limited,an Indian engineering conglomerate.

He was awarded the Padma Bhushan, India's 3rdhighest civilian award,on January 26, 2009. Mr. Naikwas also the recipient of the prestigious 'EconomicTimes Awards-Business Leader of the Year' award, forthe year 2008.

He received the 2009 top ten Business award.


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Top 10 Ethical Busi