Ethics
Management in the Indian Scenario
Anand Asinkar
Nikhil Rane
POLYHYDRON PVT. LTD.
What are Business Ethics?
Business can only be ethical.
Anything else is a crime……..
S. B. Hundre
M.D., [Polyhydron Pvt. Ltd]
POLYHYDRON PVT. LTD.
Year of Establishment : 1981-1982
Location : Macche Industrial Estate, Belgaum, Karnataka
Products : Hydraulic valves, pumps & accessories
Growth rate: 30%
Number of employees: 74
Projections:
• To be a 25 crore Company in 2006
• Integrate services with the Internet
MANAGEMENT
•
Totally indigenous company
•
Just-In-Time Production System implementation has born
unimaginable benefits
•
One of the very few companies in India to Practice
“ Ethical Management ” and has developed the
concept of “ Business Ashrama”.
RESEARCH & DEVELOPMENT
•
Well equipped R&D Centre with CAD facility &
necessary TEST RIGS.
Sophisticated Measuring & Calibrating Instruments.
Qualified Personnel.
OFFICE ADMINISTRATION
•
Fully Computerized Information and
Administrative Systems
Multi Functional People
•
Almost paper less working
KAIZEN & JIT
KAIZEN means Continuous Improvement
JUST IN TIME means
Elimination of all sources of waste
Waste is anything that does not add value to the product
WHY
?
important
A family in which each member has a sense of responsibility
and
respect for each other & society
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
The man behind the idea……Mr. Hundre
Meditation hall - The Temple of Peace
Gymnasium - The Temple of Health
METHODOLOGY OF THE CASE STUDY
Study of Idea Processing [R&D Centre]
Study of Material Processing [Production Activities]
Study of Paper Processing [Business Activities]
Study of extent of Computerization
The study involved
• Interaction
• Tracking material
• Learning from everyone
• Collecting documents
• Use of extensive library
• Project work and industrial training
Role of Design Management
Idea
Processing
Material
Processing
Information
Processing
Ethical management - In Practice
The Polyhydron Case Study
MANAGEMENT
MAN
MATERIAL
Ethical management - In Practice
The Polyhydron Case Study
MANAGEMENT
MAN
MATERIAL
• Ethical Management
• Polyhydron Mission
We will nurture an ethically managed
organization. We will not exploit our
customers, Employees, Suppliers,
Government, Society and Nature
Ethical management - In Practice
The Polyhydron Case Study
MANAGEMENT
MAN
MATERIAL
• Not
Exploiting
Share
Wealth
Trustthe Employees
30%•with
• Education
5% with
the Share Holders
• Multi skills
1% •with
the Community
Transparency
• Accessibility
balance remains
with the company for growth
• Share Wealth
Ethical management - In Practice
The Polyhydron Case Study
MANAGEMENT
MAN
MATERIAL
JIT Involves
Getting the material
in the right quantity
of the right quality
at the right time
at the right place
at the right price
Ethical Management & JIT
What is achieved
Lowest Priced Products
Least Price Variation
Empowerment
Loyalty
Atmosphere Of Trust
Most favorable working environment
Participative management and democratic
decision making
Ethical Management & JIT
Challenges
Conditioning within each individual
Conditioning within group
Conditioning within society
Dealing with corrupt government officials
Ethics – Management in the Indian Scenario
Thank You