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UNIT-5
KARMA THEORY
 Karma is a concept rooted in Hinduism, Buddhism,
Jainism, and other Eastern philosophies.
 Karma is derived from the Sanskrit word meaning
"action" or "deed."
 According to the Karma theory, every action, whether
physical, mental, or verbal, has consequences.
 The consequences of actions are not limited to the
immediate moment but extend beyond it.
 Karma is believed to create a cycle of cause and effect,
where actions in one life influence future lives or
reincarnations.
KARMA THEORY
 Positive actions generate positive karma, which leads
to favorable outcomes in the future.
 Negative actions create negative karma, resulting in
unfavorable consequences in the future.
 Karma is seen as a moral law, emphasizing personal
responsibility and accountability for one's actions.
 The aim of understanding karma is to live a righteous
life, cultivating positive actions and minimizing
negative ones.
 The ultimate goal is to break the cycle of karma and
attain liberation (moksha) from the cycle of birth and
death.
KARMA THEORY
 Accountability: The karma theory emphasizes personal accountability for
one's actions. In business, this means taking responsibility for the consequences
of our decisions and actions, both positive and negative.
 Ethical behavior: Karma theory encourages ethical behavior in business.
Acting with integrity, honesty, and fairness not only creates positive karma but
also promotes trust, credibility, and long-term success.
 Long-term perspective: Karma reminds us to consider the long-term
consequences of our actions in business. Making decisions solely based on short-
term gains may result in negative repercussions later on. Taking a holistic view
and considering the impact on various stakeholders is essential.
 Law of cause and effect: The principle of cause and effect in karma teaches
us that our actions have consequences. This concept can be applied in business
to consider the potential impacts of our choices on employees, customers, the
environment, and society as a whole.
KARMA THEORY
 Reputation and trust: Building a good reputation and earning the trust of
stakeholders is crucial in business. Positive actions and ethical behavior
contribute to a positive reputation, which can attract customers, partners, and
investors, fostering long-term success.
 Social responsibility: Karma theory promotes the idea that individuals and
businesses should be socially responsible. This involves actively contributing to
the well-being of society, such as through philanthropy, sustainable practices, or
supporting community initiatives.
 Employee well-being: Recognizing the well-being and welfare of employees is
an important aspect of karma in business ethics. Treating employees with
respect, fairness, and providing a positive work environment can create positive
karma and foster employee loyalty and productivity.
 Learning and growth: The concept of karma encourages continuous learning
and personal growth. In business, this means recognizing mistakes, taking
responsibility for them, and using them as opportunities to improve and make
better decisions in the future.
NISHKAM KARMA YOGA
NISHKAM KARMA YOGA
 Nishkam Karma Yoga is a spiritual concept from Hindu
philosophy that promotes selfless action without attachment to the
results. Its key points are:
 Selfless action: Nishkam Karma Yoga encourages performing
actions without any selfish motives or personal gain.
 Detachment from results: It emphasizes letting go of
expectations and attachments to the outcomes of one's actions.
 Duty and dedication: Nishkam Karma Yoga emphasizes fulfilling
one's responsibilities and duties with dedication and sincerity.
 Service-oriented mindset: It fosters a mindset of serving others
and contributing to the well-being of society.
 Spiritual growth: Nishkam Karma Yoga aims to promote inner
growth, selflessness, and spiritual development through selfless
action.
PROFESSIONALISM
 Professionalism is the conduct, behavior, and attitude expected in a
workplace or professional setting.
 It involves maintaining a high standard of ethics, integrity, and
competence in one's work.
 Professionalism encompasses qualities like punctuality, reliability,
and accountability.
 It includes effective communication, respect for others, and
teamwork.
 Professionalism contributes to a positive work environment and
promotes success and career advancement
PERSONAL AND MANAGERIAL
EFFECTIVENES IN INDIAN THOUGHTS
Personal and managerial effectiveness in Indian thoughts draws from
various philosophical and practical frameworks within Indian culture:
• Self-awareness: Indian thoughts emphasize self-awareness as a
foundation for personal and managerial effectiveness. Understanding one's
strengths, weaknesses, values, and purpose enables individuals to align their
actions and decisions with their true nature.
• Mindfulness and meditation: Practices like mindfulness and meditation
are prevalent in Indian traditions. They promote mental clarity, focus, and
emotional balance, enhancing personal and managerial effectiveness by
reducing stress, improving decision-making, and fostering creativity.
• Ethical conduct: Indian thoughts emphasize ethical behavior as an
essential aspect of personal and managerial effectiveness. Upholding moral
values such as honesty, integrity, compassion, and fairness creates trust,
credibility, and harmonious relationships.
PERSONAL AND MANAGERIAL
EFFECTIVENES IN INDIAN THOUGHTS
• Holistic perspective: Indian philosophy encourages a holistic approach that
considers the interconnectedness of various aspects of life. Applying this perspective
in management involves considering the well-being of all stakeholders, balancing
short-term goals with long-term sustainability, and addressing the physical, mental,
and spiritual dimensions of individuals.
• Servant leadership: Indian thoughts highlight the concept of servant leadership,
where leaders prioritize serving and supporting their team members. This approach
fosters trust, collaboration, and employee growth, ultimately enhancing managerial
effectiveness.
• Karma and selflessness: The concept of karma promotes selflessness and the
idea of performing one's duties without attachment to personal gains. This mindset
encourages individuals to focus on contributing to the greater good, leading to
effective personal and managerial outcomes.
• Continuous learning and growth: Indian thoughts emphasize the importance of
continuous learning and self-improvement. Seeking knowledge, embracing
challenges, and reflecting on experiences contribute to personal and managerial
effectiveness by fostering adaptability, innovation, and personal growth.
MANAGEMENT OF BODY,THOUGHTS
& EMOTIONS
 Managing the body, thoughts, and emotions is crucial for overall well-being and
effectiveness :-
 Body Management:
 Regular exercise: Engage in physical activities that promote fitness, strength, and
flexibility.
 Healthy diet: Maintain a balanced diet with nutritious foods to support physical
health.
 Adequate rest and sleep: Prioritize sufficient rest and quality sleep to rejuvenate
the body.
 Thought Management:
 Mindfulness and meditation: Practice mindfulness to observe and regulate
thoughts, fostering clarity and focus.
 Cognitive reframing: Challenge negative or unhelpful thoughts and replace them
with positive and constructive ones.
 Journaling: Write down thoughts and feelings to gain insights, release emotions,
and foster self-reflection.
MANAGEMENT OF BODY,THOUGHTS
& EMOTIONS
 Emotional Management:
 Emotional awareness: Recognize and acknowledge emotions as they arise, without
judgment.
 Emotional regulation: Develop techniques to regulate and manage emotions, such as deep
breathing, relaxation exercises, or seeking support.
 Emotional intelligence: Cultivate empathy, self-awareness, and social skills to navigate and
understand emotions in oneself and others.
 Stress Management:
 Stress reduction techniques: Practice stress-relieving activities like deep breathing,
meditation, or engaging in hobbies.
 Time management: Prioritize tasks, set realistic goals, and establish effective time-
management strategies.
 Work-life balance: Maintain a healthy balance between work, personal life, and self-care.
 Self-care and Well-being:
 Engage in activities that bring joy and relaxation, such as hobbies, spending time with loved
ones, or pursuing creative outlets.
 Seek social support: Connect with supportive individuals or join communities that provide
emotional support.
 Regular self-reflection: Dedicate time for self-reflection, introspection, and personal growth.
INTERPERSONAL AND GROUP
EFFECTIVENESS
Interpersonal and group effectiveness in business ethics, drawing from Indian
thoughts, emphasizes the following principles:
• Respect and Harmony:
▫ Valuing individuals: Treat each person with respect, dignity, and fairness,
regardless of their position or background.
▫ Promoting harmony: Create an inclusive and supportive work environment where
diverse perspectives are valued and conflicts are resolved peacefully.
• Trust and Integrity:
▫ Building trust: Foster an atmosphere of trust by demonstrating honesty,
transparency, and ethical behavior in all business interactions.
▫ Upholding integrity: Act with integrity and uphold ethical principles even when
faced with challenges or temptations.
• Compassion and Empathy:
▫ Practicing compassion: Show empathy and understanding towards employees,
customers, and stakeholders, considering their needs and well-being.
▫ Social responsibility: Actively contribute to society and engage in ethical business
practices that prioritize the welfare of all stakeholders.
INTERPERSONAL AND GROUP
EFFECTIVENESS
• Collaboration and Cooperation:
▫ Encouraging collaboration: Foster a culture of collaboration and teamwork, where
individuals work together towards shared goals, leveraging each other's strengths.
▫ Stakeholder engagement: Involve stakeholders in decision-making processes,
seeking their input and considering their interests and concerns.
• Ethical Leadership:
▫ Leading by example: Demonstrate ethical leadership by aligning personal values
with organizational goals and exhibiting ethical behavior in decision-making and
actions.
▫ Coaching and mentoring: Support and develop employees by providing guidance,
coaching, and mentoring to promote their professional and ethical growth.
• Continuous Learning and Improvement:
▫ Lifelong learning: Foster a culture of continuous learning, self-reflection, and
personal growth, encouraging employees to expand their ethical knowledge and
skills.
▫ Feedback and learning from mistakes: Create an environment where feedback is
valued, mistakes are seen as learning opportunities, and improvements are
encouraged.

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Karma Theory & Niskaam Karma Yoga Theory.pptx

  • 2. KARMA THEORY  Karma is a concept rooted in Hinduism, Buddhism, Jainism, and other Eastern philosophies.  Karma is derived from the Sanskrit word meaning "action" or "deed."  According to the Karma theory, every action, whether physical, mental, or verbal, has consequences.  The consequences of actions are not limited to the immediate moment but extend beyond it.  Karma is believed to create a cycle of cause and effect, where actions in one life influence future lives or reincarnations.
  • 3. KARMA THEORY  Positive actions generate positive karma, which leads to favorable outcomes in the future.  Negative actions create negative karma, resulting in unfavorable consequences in the future.  Karma is seen as a moral law, emphasizing personal responsibility and accountability for one's actions.  The aim of understanding karma is to live a righteous life, cultivating positive actions and minimizing negative ones.  The ultimate goal is to break the cycle of karma and attain liberation (moksha) from the cycle of birth and death.
  • 4. KARMA THEORY  Accountability: The karma theory emphasizes personal accountability for one's actions. In business, this means taking responsibility for the consequences of our decisions and actions, both positive and negative.  Ethical behavior: Karma theory encourages ethical behavior in business. Acting with integrity, honesty, and fairness not only creates positive karma but also promotes trust, credibility, and long-term success.  Long-term perspective: Karma reminds us to consider the long-term consequences of our actions in business. Making decisions solely based on short- term gains may result in negative repercussions later on. Taking a holistic view and considering the impact on various stakeholders is essential.  Law of cause and effect: The principle of cause and effect in karma teaches us that our actions have consequences. This concept can be applied in business to consider the potential impacts of our choices on employees, customers, the environment, and society as a whole.
  • 5. KARMA THEORY  Reputation and trust: Building a good reputation and earning the trust of stakeholders is crucial in business. Positive actions and ethical behavior contribute to a positive reputation, which can attract customers, partners, and investors, fostering long-term success.  Social responsibility: Karma theory promotes the idea that individuals and businesses should be socially responsible. This involves actively contributing to the well-being of society, such as through philanthropy, sustainable practices, or supporting community initiatives.  Employee well-being: Recognizing the well-being and welfare of employees is an important aspect of karma in business ethics. Treating employees with respect, fairness, and providing a positive work environment can create positive karma and foster employee loyalty and productivity.  Learning and growth: The concept of karma encourages continuous learning and personal growth. In business, this means recognizing mistakes, taking responsibility for them, and using them as opportunities to improve and make better decisions in the future.
  • 7. NISHKAM KARMA YOGA  Nishkam Karma Yoga is a spiritual concept from Hindu philosophy that promotes selfless action without attachment to the results. Its key points are:  Selfless action: Nishkam Karma Yoga encourages performing actions without any selfish motives or personal gain.  Detachment from results: It emphasizes letting go of expectations and attachments to the outcomes of one's actions.  Duty and dedication: Nishkam Karma Yoga emphasizes fulfilling one's responsibilities and duties with dedication and sincerity.  Service-oriented mindset: It fosters a mindset of serving others and contributing to the well-being of society.  Spiritual growth: Nishkam Karma Yoga aims to promote inner growth, selflessness, and spiritual development through selfless action.
  • 8. PROFESSIONALISM  Professionalism is the conduct, behavior, and attitude expected in a workplace or professional setting.  It involves maintaining a high standard of ethics, integrity, and competence in one's work.  Professionalism encompasses qualities like punctuality, reliability, and accountability.  It includes effective communication, respect for others, and teamwork.  Professionalism contributes to a positive work environment and promotes success and career advancement
  • 9. PERSONAL AND MANAGERIAL EFFECTIVENES IN INDIAN THOUGHTS Personal and managerial effectiveness in Indian thoughts draws from various philosophical and practical frameworks within Indian culture: • Self-awareness: Indian thoughts emphasize self-awareness as a foundation for personal and managerial effectiveness. Understanding one's strengths, weaknesses, values, and purpose enables individuals to align their actions and decisions with their true nature. • Mindfulness and meditation: Practices like mindfulness and meditation are prevalent in Indian traditions. They promote mental clarity, focus, and emotional balance, enhancing personal and managerial effectiveness by reducing stress, improving decision-making, and fostering creativity. • Ethical conduct: Indian thoughts emphasize ethical behavior as an essential aspect of personal and managerial effectiveness. Upholding moral values such as honesty, integrity, compassion, and fairness creates trust, credibility, and harmonious relationships.
  • 10. PERSONAL AND MANAGERIAL EFFECTIVENES IN INDIAN THOUGHTS • Holistic perspective: Indian philosophy encourages a holistic approach that considers the interconnectedness of various aspects of life. Applying this perspective in management involves considering the well-being of all stakeholders, balancing short-term goals with long-term sustainability, and addressing the physical, mental, and spiritual dimensions of individuals. • Servant leadership: Indian thoughts highlight the concept of servant leadership, where leaders prioritize serving and supporting their team members. This approach fosters trust, collaboration, and employee growth, ultimately enhancing managerial effectiveness. • Karma and selflessness: The concept of karma promotes selflessness and the idea of performing one's duties without attachment to personal gains. This mindset encourages individuals to focus on contributing to the greater good, leading to effective personal and managerial outcomes. • Continuous learning and growth: Indian thoughts emphasize the importance of continuous learning and self-improvement. Seeking knowledge, embracing challenges, and reflecting on experiences contribute to personal and managerial effectiveness by fostering adaptability, innovation, and personal growth.
  • 11. MANAGEMENT OF BODY,THOUGHTS & EMOTIONS  Managing the body, thoughts, and emotions is crucial for overall well-being and effectiveness :-  Body Management:  Regular exercise: Engage in physical activities that promote fitness, strength, and flexibility.  Healthy diet: Maintain a balanced diet with nutritious foods to support physical health.  Adequate rest and sleep: Prioritize sufficient rest and quality sleep to rejuvenate the body.  Thought Management:  Mindfulness and meditation: Practice mindfulness to observe and regulate thoughts, fostering clarity and focus.  Cognitive reframing: Challenge negative or unhelpful thoughts and replace them with positive and constructive ones.  Journaling: Write down thoughts and feelings to gain insights, release emotions, and foster self-reflection.
  • 12. MANAGEMENT OF BODY,THOUGHTS & EMOTIONS  Emotional Management:  Emotional awareness: Recognize and acknowledge emotions as they arise, without judgment.  Emotional regulation: Develop techniques to regulate and manage emotions, such as deep breathing, relaxation exercises, or seeking support.  Emotional intelligence: Cultivate empathy, self-awareness, and social skills to navigate and understand emotions in oneself and others.  Stress Management:  Stress reduction techniques: Practice stress-relieving activities like deep breathing, meditation, or engaging in hobbies.  Time management: Prioritize tasks, set realistic goals, and establish effective time- management strategies.  Work-life balance: Maintain a healthy balance between work, personal life, and self-care.  Self-care and Well-being:  Engage in activities that bring joy and relaxation, such as hobbies, spending time with loved ones, or pursuing creative outlets.  Seek social support: Connect with supportive individuals or join communities that provide emotional support.  Regular self-reflection: Dedicate time for self-reflection, introspection, and personal growth.
  • 13. INTERPERSONAL AND GROUP EFFECTIVENESS Interpersonal and group effectiveness in business ethics, drawing from Indian thoughts, emphasizes the following principles: • Respect and Harmony: ▫ Valuing individuals: Treat each person with respect, dignity, and fairness, regardless of their position or background. ▫ Promoting harmony: Create an inclusive and supportive work environment where diverse perspectives are valued and conflicts are resolved peacefully. • Trust and Integrity: ▫ Building trust: Foster an atmosphere of trust by demonstrating honesty, transparency, and ethical behavior in all business interactions. ▫ Upholding integrity: Act with integrity and uphold ethical principles even when faced with challenges or temptations. • Compassion and Empathy: ▫ Practicing compassion: Show empathy and understanding towards employees, customers, and stakeholders, considering their needs and well-being. ▫ Social responsibility: Actively contribute to society and engage in ethical business practices that prioritize the welfare of all stakeholders.
  • 14. INTERPERSONAL AND GROUP EFFECTIVENESS • Collaboration and Cooperation: ▫ Encouraging collaboration: Foster a culture of collaboration and teamwork, where individuals work together towards shared goals, leveraging each other's strengths. ▫ Stakeholder engagement: Involve stakeholders in decision-making processes, seeking their input and considering their interests and concerns. • Ethical Leadership: ▫ Leading by example: Demonstrate ethical leadership by aligning personal values with organizational goals and exhibiting ethical behavior in decision-making and actions. ▫ Coaching and mentoring: Support and develop employees by providing guidance, coaching, and mentoring to promote their professional and ethical growth. • Continuous Learning and Improvement: ▫ Lifelong learning: Foster a culture of continuous learning, self-reflection, and personal growth, encouraging employees to expand their ethical knowledge and skills. ▫ Feedback and learning from mistakes: Create an environment where feedback is valued, mistakes are seen as learning opportunities, and improvements are encouraged.