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Vasanthi Srinivasan
‘Managers need to think about ethics’

Civil Society News

IT is Vasanthi Srinivasan’s mission to make management courses more sensitive to Indian social realities. As associate professor at IIM Bangalore, she has been teaching a course on Business, Governance and Society. It will soon be called Responsible Business. In Delhi recently at the invitation of the Business and Community Foundation (BCF), she spoke to Civil Society on how management teaching needs to change to produce better managers.

You have been trying to make management courses more socially relevant.

The more I taught leadership development, I found that that a lot of questions young leaders in organisations were asking us were of ethical dimensions. They related to making trade-offs between profitability and conscience.

We also realised that people in the course who had spent time in industry were asking the most critical questions. They were also the ones who were finding it most difficult to do anything which would follow their call of conscience. They had jobs to hold on to, EMIs to be paid and so on and so forth.

It was then that I started looking at ethics and justice as a part of leadership development. One has to think of rights and justice in the Indian context.

Is the course demand driven?

The course is on business, governance and society. You see what has happened to management education globally is something to be concerned about. Business ethics is taught more like moral education. You have CSR courses which are no more than stakeholder frameworks. You can have an intellectual analysis of what a mining or a pharma company has done. And then you have governance related courses that deal with the role of directors, board responsibility and so on.

But that there is an undeniable ethical premise across all these courses is not something I think management education has internalised.

We are very good at methodology, techniques and tools. So everything gets down to being a course on methods. But the question we are asking is – who is responsible? It is a multi-level problem. You have a responsibility as a citizen, as a manager in a corporation and then you have the corporation and its responsibility to other stakeholders.

Teaching something like this is a challenge because it is inter-disciplinary. You need some understanding of philosophy to be able to teach ethics. You need to be familiar with corporate decision-making to understand ethical decisionmaking in the corporate context.

Then you are talking about ethics in marketing, media, HR. It is a large canvas which includes the millennium development goals, sustainability and reporting on sustainability.

Do management students take any of this seriously? They covet jobs in finance and marketing.

I don’t know. We offer an elective course in social entrepreneurship which attracts a good number of students. Similarly there is one on environment sustainability that doesn’t get numbers but does draw students of a high quality.

I don’t think you have to change the world to actually have an impact. I only have to touch 20 per cent of those students to make a difference.

Students need to be sensitised so that when they are later making managerial decisions they are aware of the ethics of the choices they make. One of the things I have thought about extensively in the Indian context is corruption. There is a taker because there is a giver. So we need a mechanism for sensitising the giver.

So how do you define your course? What do you call it?

Responsible business – which is basically an integrated course looking at the individual, the organisation and society/economy at large. Our task is to provide the inputs that sensitise students to all the three.

It bothers me when I’m asked if what I am doing is ‘value inculcation’. I say no it is ‘value clarification’.

In Europe, there is a lot of context that goes into a course like this. In the US it is CSR focused. What would be an appropriate course for India? In my view it has to cover corruption, millennium development goals and international perspectives on ethics.

 

January 2010 Edition
 
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