BUSINESS world economy has been globalised, organizations are faced

 

BUSINESS TATTVA,”PARADIGM TRANSFORMATION OF
INTRA BUSINESS FRAMEWORK WITH INDIAN SPIRITUAL ETHOS”

 

In this 21st century when the world economy has been globalised,
organizations are faced with more complexities, competition and structural
changes which elicit the introduction of spirituality within the workplace so
as to enable human hearts, spirits and souls to grow and flourish so that
employees and employers will become healthy, creative, innovative,
compassionate and productive in all endeavors to the sustainance of the
workplace.

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 The modern world is plagued by social,
economic, and environmental problems that are the result of human greed and a
lack of love and compassion. These large scale problems have triggered in human
kind a renewed search for harmony and peace, a search that is essentially a spiritual
journey. This spiritual approach recognizes that people work not only with
their hands but also with their hearts or spirit.

 

As profit
maximization become the main strategic objective of most workplace
organizations, social, interpersonal and spiritual functions and goals of
organizational life have taken a back seat in today’s corporations.Researchers
have stressed that organizations are not just machines for producing goods but
that they are also forms of human community that foster satisfying and
meaningful life experiences for individuals, families and society, produce
significant social values and outcomes for society.

 

Employees who
view their work as a means to advance spiritually are likely to exert greater
effort than those who see it merely as a means to a paycheck. Humanistic values
in the organization result in employees’ personal growth, which in turn makes
them more productive than those in organizations that don’t sustain such values.
When this individual growth is consistent with the attainment of organizational
goals, employee identification with the organization is enhanced. This
connection between personal goals and work life enables employees to transcend physical
and cognitive demands and imbue tasks with spiritual significance.

 

Employees in
organizations with higher levels of spirituality can exhibit increased
flexibility towards organizational change. They are better able to manage the
change process, are less resistant to new ideas.

 

And,
further, that the spillover effect from workplace spirituality into employees’
home life enhances satisfaction withfamily, marriage, leisure activities,
social interactions, and financial health.

 

Under
conditions of high workplace spirituality, employees believe that their efforts
make a difference to organizational outcomes, and increase those efforts as
needed to meet goals. These employees also exhibit greater persistence in
overcoming obstacles in reaching goals, and are more creative in designing
solutions to solve problems contributing to goal interference. The personal

growth
resultant of employees’ attaining organizational goals, creates intrinsic
motivation to

excel.
This motivation to succeed is evidenced not only at the individual level, but
at the group level as well where workplace spirituality is said to measurably
enhance team output in both quantity and quality of work.

 

Many big
businesses are goingbeyond financial incentives,wellness programs, and pop
culture EQ (emotional quotient) management training programs to inspire and
motivate their managers. Corporations are beginning to take a more serious look
at the enduring disparity between professional success and truly fulfilled
living. Right now, the bane of the world is just that human beings are working
with limited individualistic ambition. Instead of working with ambition, if
people work for a deeper vision of life for themselves and for everything
around them, there is no need to scale anything down.

 

The reason why
people face crisis is not because of morality, values and ethics; it is simply
because the fundamental faculties in their own body, mind, emotions and
energies do not take instructions from them. They are only
reacting in external situations.

 

This
is also true in case of the top management dealing with the external
environment where they have to meet the needs of the society. Only when the
outlooks of the top management including the shareholders influenced
spiritually, they would work for a higher purpose and able to come out of  the constipated mindset of only increasing
the profit margin.

 

For
instance; Zen philosophy associated with Buddhist religion has influenced and
contributed in many Japanese corporate firms to use contemplative practices for
self development which had eventually helped the organization to flourish. This
is precisely mentioned in an article from Harvard Business School that  he success of many Japanese firms lies in
their conventional practices of management which is to an extent influenced by
Zen philosophies and teachings. An individual has to follow some contemplative
practices with the help of meditation to progress spiritually and this is to
some extent can be seen as a new developing in some big corporations like Google,
Apple, Microsoft even it is reflecting in World Economic Forum where big
business leaders, politicians participating in mindfulness sessions.       

 

What
are the responsibilities of a corporate firm towards the society? Milton
Friedman, an economist, was of the view that the only duty or responsibility of
a corporate firm is to earn honestly as much profit as possible and do not bear
any additional responsibility towards the society. It is true that an
organization has to earn profit to survive, but in order to germinate from this
constrictive objective  to a more broad
perspective is what the need of this time and for an inclusive future which
will help in enhancing overall organizational dimensions.