One of the most used terms in today’s world of business is sustainability. Businesses have shifted from being profit-centred to being environment and social centred. This shift of focus on being socially responsible, while leaving minimum carbon footprints and being economically viable, is what goes into making a business sustainable. Global challenges of climate change, deforestation, resource depletion, societal inequalities are major world issues today, towards which every business is invested in. Hence the need of creating sustainable businesses, centred around our planet and people, is an emerging criterion for most corporates today.
In their journey to mentor and nurture successful business leaders of tomorrow, Top PGDM Colleges in Greater Noida like Sparsh Global Business School champion the philosophy of 4Ps (Planet, People, Product and Profit) to nurture purpose driven, environmentally conscious business leaders of tomorrow through curricula design, interventions and initiatives in all the programmes they offer. Increasingly, the Best Business Schools in India and the best management colleges in Delhi-NCR are committed to creating compassionate business leaders, well entrenched in the context of sustainable business models and putting people and planet at the centerstage of business.
So how do business management institutions and top PGDM courses contribute to grooming future business leaders by integrating ethics into modern management education? No doubt, this is the only way to successfully navigate the global business landscape in today’s world.
Responsibility at consumption level - At top PGDM Colleges in Greater Noida like Sparsh Global Business School, their philosophy of approach to life and business stems from a firm belief emphasising on the wellbeing of the planet, society and people. They imbibe as their key learning, being more responsible at the consumption level, instead of resorting to “Damage-Repair-Restore” policy. Repair-Reuse-Recycle, with effective waste management learnings, is the mantra of the top PGDM Colleges in Greater Noida, where learners are taught the essence of responsible consumption leading to environmental conservation and preservation.
Environmental consciousness - Students should be taught from day one, the values of taking care of the environment, so that in the process, people build and run their businesses effectively, in a healthy, happy and environment-friendly manner. A desire to protect our planet would effectively lead to a long-term sustainable and profitable business.
Social Immersion - Social Immersion modules are often included in the courses at the best Business Schools in India, which are consistent with the vision of nurturing environmentally conscious business leaders of tomorrow, where learners must engage in social impact activities.
Actionable decisions impacting society - Ethical and socially responsible behaviour impacts society at large and hence Corporate Social Responsibility has been long acknowledged as a key objective of organisations. Embracing diversity in the workplace, engaging with local communities in a meaningful manner, contributing towards the wellbeing and progress of society at large are few of the basics taught in modern management education.
Ethical dilemmas and solutions - Learners are exposed to real-world ethical dilemmas in business and how corporates have navigated around these, without harming the planet or people. Case studies and hands-on mentorship from industry stalwarts open their eyes to not just the varied natures of ethical dilemmas which are existing, but more importantly, these also expose them to the many ways and means of dealing with such issues. Further, ethics must be integrated in the core curriculum instead of being treated as a separate subject.
Ongoing awareness of impact of climate change - An increasing awareness of climate change is crucial to modern management education. This makes future business leaders understand and appreciate the many consequences of human activities on nature e.g. global warming and prepares them to navigate these issues from an early stage in their careers.
Mindfulness - Lastly, focussing on the present helps reduce stress, improves concentration and calms one’s mind. Increasingly, mindfulness is being taught in schools and in top PGDM courses to empower young minds, improve attention, resulting in both physical and emotional wellbeing.
So, in short, what is management ethics? In simple words, taking care of employees’ well being, being honest in crafting ways to achieve organisational goals and being accountable to each client, employee and to all stakeholders. Teaching management ethics and sustainable business practice creates effective and compassionate business leaders of the future.
As a new-gen business school, Sparsh Global Business School initialises a spirit of collaboration and empathy towards their most valuable resources; nature and people. If you are a millenia looking for a future as a business leader or an entrepreneur, new-age business schools commit to transform you into a compassionate and ethical business leader, putting people and planet at the centerstage of business.
