Business Ethics : National Electricals Ltd.

Submitted by Group 2Ankit Jain (PGPEX 9/9)Ankur Chugh (PGPEX 10/9)Antesh Gupta (PGPEX 11/9)Arkapravo Chakraborty (PGPEX 13/9)Arun Shashank Miriyala (PGPEX 14/9)Atul Agarwal (PGPEX 15/9)Debshali Sinharoy (PGPEX 16/9)Devansh Sharma (PGPEX 17/9)

National Electricals Org Structure

S. SwaminathanRegional Director, Belanagar Unit

N. GopalChief Internal Auditor, Belanagar Unit

T. PrasadDeputy Regional Director, Belanagar Unit

Gopals Dilemma Approach 1: Approach 2: Take Revenge for:Missed Promotion Non substantiated Note about Inflated Bills

Follow his Value and submit an honest report Goes by his Values

Personal MissionMission : Statement of purpose for existence.

Does how you feel affect your performance- Yes / No

Newburgs world class performers Paid attention to internal experience as a result performed at a higher level.

Jeff Rouse (Olympic Gold medalist): Talks about easy- speed, the feeling of being in harmony with water and not really trying so hard.

Therefore, It is not just about what you do, it is about how you feel while you are doing it.

Vision and the Hedgehog conceptMission is about internal life dream Vision is about external life dream

Jim Collins From Good to great mentioned about the Hedgehog concept- What an organization has passion for,What it does better than anybody else,What people will pay it to do

Values

VABE

Level Three Leadership:

Ultimately Good Values ->Building trust -> Decreasing transaction cost ->Creation of values for stakeholders.

ConclusionSuccess is not the aim in life, perfection isYou should not aim for perks but concentrate on doing your work well.

It is about what we learned from the case and how we can apply these learnings to our professional and personal life, and how to maneuver these situations in real life Ignoring internal experience leads to going through the motions of mediocrity.

*- What you hope to do in your life.The same applies to a personal career.

*Core values, assumptions , beliefs and expectations about the way the world should be (or VABE ) forms the basis of what one stands for.

Getting below the surface- Superior effectiveness of influencing people at level three- at core values vs. Level one (behavior) or level two (Conscious thought)

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