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Business Ethics - compromise to compliance

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Conference

2017 ASEE Annual Conference & Exposition

Location

Columbus, Ohio

Publication Date

June 24, 2017

Start Date

June 24, 2017

End Date

June 28, 2017

Conference Session

Engaging Ethics, Internationally

Tagged Division

Engineering Ethics

Tagged Topic

Diversity

Page Count

17

Permanent URL

https://peer.asee.org/27991

Download Count

51

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Paper Authors

biography

Prakash G Bapat Business Ethics Foundation

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Graduation in Control Engineering with four decades of Industrial Experience in Public and Private Sector as well. Domain of expertise in Automation and Systems Engineering.Passion for debut deployment of Tech Transfers proven abroad but yet to step in developing countries. Traveled widely in western and eastern part of the world in reinforcement of engineering solutions. Deeper interests in energy and consequently emerging technologies in Energy Storage.
Also closely associated with Non Profits & Non Governmental Organization to pursue and proliferate ethical behavioural practices at the sprouting age of undergrad engineering students .

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biography

Aravind Joshi Business Ethics Foundation

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The author has worked with State Bank of India, one of the largest Public Sector Banks in India for 30 years in various capacities at different geogrphies.

Post voluntary retirement in year 2000, the author has completed Master´ś degree in Personnel Management and completed Doctorate in Human Resources Management.

Author has been working as a facilitator and professor in reputed business schools and corportate concerns in India.

The author has published various articles in Management and Soft skills in News papers, magazines and journals. He has translated 2 management books for the benefit of vernacular readers in Marathi. He has co-edited a book ´Business Ethics Today and Tomorrow´published by Business Ethics Foundation Pune, India.

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biography

Pradeep Kashinath Waychal Guruji Education Foundation Orcid 16x16 orcid.org/0000-0001-8142-2464

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Dr Pradeep Waychal is a founder trustee of Guruji Education Foundation that provides holistic support to the higher education of underprivileged students and a visiting professor of Engineering Education at CRICPE of Western Michigan University, US. Earlier, Dr Waychal has worked at Patni Computer Systems for 20 years in various positions including the head of innovations, NMIMS as the director Shirpur campus, and at College of Engineering Pune (COEP) as the founder head of the innovation Center.

Dr Waychal earned his Ph D in the area of developing Innovation Competencies in Information System Organizations from IIT Bombay and M Tech in Control Engineering from IIT Delhi. He has presented keynote / invited talks in many high profile international conferences and has published papers in peer-reviewed journals. He / his teams have won awards in Engineering Education, Innovation, Six Sigma, and Knowledge Management at international events. His current research interests are engineering education, software engineering, and developing innovative entrepreneurs and intrapreneurs. He has been chosen as one of the five outstanding engineering educators by IUCEE (Indo-universal consortium of engineering education).

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biography

Nupur Kulkarni

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Cares for the environment - I am a Certified Leed Green Associate. I enjoy spending my hobby time in Photography, painting and traveling.
Ardent faith in ethical behavior and a strong desire to make a career in ‘spaces and local mediums’
Graduating in June 2017 from Savannah School of Art and Design – Georgia (USA) in Architecture after B. Arch from S.P. Pune University. Technical Skills such as AutoCAD, Google SketchUp, Photoshop, InDesign, Coral Draw, Illustrator, Premiere Pro, V-Ray, and Microsoft office.
Participated in several competitions viz. Essay writing ‘Pune, People, and Places’, Green School Competition by Ethos ‘In Big Tree Paradigm’ - focused on building a residence by taking into consideration the nature of a big tree. Spent most of the time of the year 2013 as an intern at ‘Auroville’ in India and in ‘Sustainability Initiatives in Pune’ in the Summer of 2016. Deeper involvement in ‘Make your City Smart Contest by PMC in July 2016 and has contributed significantly to the book - Green FootPrints of Pune uploaded on the PMC website: http://www.punecorporation.org/sites/default/files/Green_Footprint_Of_Pune.pdf

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Abstract

Corporate World Ethics – Compromise to Compliance During academic phase Professors guide the students to differentiate between right and wrong, correct and incorrect. Parents’ try to cultivate good habits, guard their upbringing to make them good citizens, guide them to choose between good and bad. Background of Ethical decision making begins to sprout. That gets cultivated with own learning of moral principles.. Beyond academics, it’s more often the Business World – The Start-ups or Spin offs, Small and Medium size Companies and Corporate etc. It may be volatility of market, vagary of business and similar odd situations. Challenge of facing real life experience begins. Can one perform well in the Business on own merit? Will that performance satisfy the bosses? Is it practicable to strictly adhere to the principles of ethical behaviour? That’s often the time of test. We (Business Ethics Foundation in India) were entrusted with a project to carry out a ‘Survey based study to Assess and Analyse the status of Business ethics Today and predictions for Tomorrow’. It implied the status by the year 2015 and predicted scenario by year 2020. We decided to conduct structured interviews of CEO’s in the Business World as they play vital role in steering profitable business. As such we thought it appropriate to seek their views, they being at the helm of affairs. We devised a questionnaire, sent them in advance and then conducted Audio-Visual interviews. Questions were both - closed ended as well as open ended. CEO’s were backed up with decades of experience to find the path to succeed and sustain. Hence the interviews had an element of flexibility to provide adequate space for their genuine expression. The present level of ethics averaged to 2.87 and the 2020 prediction stood at optimistic 4.5, on the scale of 1 to 7 (7 being the best). We also asked CEO’s reasons for present poor rating and optimism for 2020. What are the causes behind present status and what do they suggest as remedial measures. The major reasons included pressure to achieve results, greed, short-term gains, and misuse of power. That’s also due to poor knowledge of laws and degeneration of values. The remedial measures included value education from Schools/Colleges, good parenting and mentoring and training. Inculcating spirit of ethics by due exposure to real life happenings in the Business world through case studies. Business without ethics is like life without character. Ethical behaviour is not just an option but a must to avoid disciplinary action. The paper shall present the detailed analysis of discussion with the leaders. The analysis will help engineering education researchers to develop a global view of the ethical practices and help the global educators to understand the Indian situation and educate their students in an appropriate way. Summarized finding of these interviews will be presented based on 25 Interviews of CEO’s from mainly from Industries - Manufacturing, Services, IT and just a few from Research and Academics. It will also analyse extent of ‘Corporate Governance ‘ and actions with concern to ‘Planet, people and prosperity’

EOF – of Abstract of 500 words for ASEE – Conference 2017 - Authors: 1. Dr. A. M. Joshi –Editor Publications - Business Ethics Foundation 2. Mr. Prakash Bapat – Member( Technical)- Business Ethics Foundation Date: 16 October 2016

Bapat, P. G., & Joshi, A., & Waychal, P. K., & Kulkarni, N. (2017, June), Business Ethics - compromise to compliance Paper presented at 2017 ASEE Annual Conference & Exposition, Columbus, Ohio. https://peer.asee.org/27991

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