Business ethics is one of the most untouched topics and it is few entrepreneurs like Dr. Kurien whi have initiated the process of ethical revolution in business world in India
Dr. Kurien’s achievement was never repeated in other sectors, which highlighted an important trend which has started since the onset of Capital Revolution .We have as a species learned a great deal about the making of money and we have created powerful institutions and technologies dedicated to its accumulation. But in quest for money we have forgotten our responsibility towards our society –the very base of our growth.
The business institution is the basic economic unit of society. Its responsibility is to produce goods and services that society wants and to maximize profits for its owners as well stakeholders. But with evolvement of capitalism-gaini
But amidst all this, there is still hope of revival of ethics. In this example the authoress talks about IRMA started by Dr. Kurien wherein management graduates are taught to associate with rural India. The concept is that if management students realize their responsibility towards this society, they will implement it when they start working. I feel that every management education should include business ethics as a subject in curriculum whereby the student should be given live projects that will increase their sense of responsibility towards this society.