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XLRI to Host 2nd Business Ethics Conference

Published : Monday, 13 April, 2015 03:49 PM
Xavier School of Management, one of India’s premier B-Schools, in collaboration with XLRI Alumni (Mumbai Chapter) is all set to organize the 2nd Business Ethics Conference on 17th April, 2015 at ITC Grand Central, Mumbai.

The theme of the conference is “Leveraging Ethics for Sustainable Corporate Advantage”.

Conceptualized and organized by the XLRI Ethics Research Center (XLERC), the one-day event would bring together prominent academicians and industry leaders to discuss some of the most pertinent questions related to Ethicsand its significance in today’s industry scenario and address key issues like ‘Failures ofethics in organizations’.

Fr. Ozzie Mascarenhas, S.J. JRD Tata Chair Professor of Business Ethics at XLRI and founder of XLRI Ethics Research Center (XLERC) and the host of the event says,“Ethics deals with human behavior and is currently reckoned as a responsible action program for the betterment of individuals, groups, organizations and societies. Ethics empowers us to chart and live a new value-laden direction in life. It becomes relevant wherever people interact and function together. Hence, every field of business such as planning and strategy, accounting, finance, human resources management, business law, marketing, business research, and production management involves ethical issues and challenges”.

The event is to be inaugurated by Fr. E Abraham, S. J. (Director of XLRI), Fr. Ozzie Mascarenhas, S.J. (JRD Tata Chair Professor of Business Ethics at XLRI and founder of XLRI Ethics Research Center - XLERC), Mr. Mukund Rajan(Chief Ethics Officer, Tata Group and Member Group Exec Council of Tata Sons)and Mr. N S Rajan(Group Chief Human Resources Officer and Member Group Exec Council of Tata Sons)in presence of Mr. Ramkumar(Exec Director ICICI Bank), Mr. MilindSarwate(Member - Strategy and CSR of Wadhawan Group), Mr. K Srinivas (Head HR, Wadhawan Group),Mr. Saumen Chakraborty (President and CFO of DRL), Mr. Ranaveer Sinha (Managing Director of Tata Hitachi Construction Machinery) among other dignitaries.

The Conference will include panel sessions on topics such as:
  • Relevance of Business Ethics: Moving beyond Compliance to a Way of Life
  • Shades of Grey – Failure of Ethics in organizations, and Remediation points from Policy,    Organization and Behavioral angles
  • Ethics as a Sustainable Competitive Advantage – Best practices for Sustainability
  • Operationalizing Ethics in Business Models- Lessons for Social Enterprises
  • Future of Corporate Ethics – Building an Implementable Framework for Organizations through   Corporate Entrepreneurship
“Given XLRI’s Jesuit background as an institution with grounding in social justice, we have always stressed upon the importance of pursuing an ethical code of conduct both in the workplace and in the business world. We believe that no management education curriculum is really complete, unless and until the students are instilled with a set of enduring values - that are indispensable ingredients for any aspiring business leader in today’s world. It is for this reason that a core course on “Managerial Ethics” is compulsorily offered to all our students at XLRI since early nineties,” remarked Fr. E Abraham, S. J. Director of XLRI.

The researches of XLREC focus on major classic and modern ethical concepts, constructs, theories, paradigms, models, strategies, cases, and best practices in the areas of basic ethics research and applied ethics research. Specific soft skills in ethics research include those of executive ethical thinking, understanding and explaining, executive moral reasoning, ethical reasoning, rationalizing, and decision-making, ethical problem-identification, formulation, specification, alternative solutions valuation and final selection of best solutions, and ethical planning, strategizing, choosing, implementation, monitoring, prediction and control,” Fr. Mascarenhas further added.

The first Conference, organized by XLERC and XLRI Alumni (Bangalore Chapter or xlbang) on Friday, 5th September, 2014, proved theoretically that Ethics leads to Corporate Advantage. The objective of this second Conferenceis Leveraging Ethics for Sustainable Corporate Advantage.

Founded in May 2014 under the auspices of the JRD Tata Chair of Business Ethics, XLRI Ethics Research Center (XLERC) aims at creating an ethics research-based knowledge center where both industry and academia will be able to find and reflect on resources in business ethics and allied issues, disseminating through Management Development Programs (MDPs), Management Training Programs (MTPs), and Faculty Development Programs (FDPs) on business ethics, ethics research and teaching ethics at organizations and educational institutions. It will also organize Ethics Research Conferences periodically in metropolitan cities of India and abroad, in active collaboration with XLRI Alumni Chapters of those cities.

About XLRI
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur (www.xlri.ac.in). Over the last six decades, the institute has grown and ranks 1st in the country among the private Business Schools of international repute with a wide portfolio of management programs and research publications. Its alumni are spread around the globe and have demonstrated responsible business leadership in their organizations. XLRI continually strives to contribute its mite to the professional growth and management of numerous organizations and institutions across industry sectors.

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