Lets try to Understand

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Lets try to Understand DifferentiateClan
values Universal Values
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In search of Variablesfor Sustainable
Management
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Competition Organizations and firms compete to
thrive. Firms have to always be alert and
evaluate the possible threats from different
actors in the industryCompetition brings in
efficiency and well being for all. A student
right from his/her childhood is most often
encouraged to compete with his own brothers and
sisters in terms of marks and other achievements.
So is competition is indispensable?Competitio
n for Market Share? Survival of the fittest -
Darwin?
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Control of Ownership Management The
fundamentals of business seem to hinge upon these
two issues of who owns the enterprise and who
takes the key decision for the organization. The
best of management structure is usually created
to maintain a good control on the assets and
resources of the firms and the management
process. Can we have shared ownership and
decision making rather than a handful of powerful
owners and a handful of decision makers in a firm?
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ResourcesCapital Technology In todays
business, capital and technology serve as the key
competitive forces. However, we note that Capital
Intensity in a business attracts capitalists to a
business and technological intensity brings
specialists to a business. Do we broad base the
Capital? Do high and intensive use of
technology change our way of living?
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Economies of Scale We understand that economies
of scale can lead to lowering cost and gain
competitive edge in the market. Indeed, firms
have gone for mass scale production, product
standardization, mergers acquisitions and are
recreating monopolies in the world market. What
are the problems with such management approaches?
Is creativity in the above context getting
standardized?Has does commerce become more
important than passion and creativity
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Opportunism Every business advises a budding
entrepreneur never to get into business with
friends and family. Isnt it assumed that we will
get dirty once we step into business? As
Williamson argues, if Opportunism is one of the
pillars to explain Transaction Cost Economics,
How sustainable are our current business
models?
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Inclusive strategy The pressure for ensuring
their supply chain, pressure from Civil Society
and the increasing concern for image of their
companies, the corporate leaders have adopted
several inclusive strategies like the
paternalistic strategies, vendor development, CSR
activities, and micro-financing and other
engagements in the rural sector. While the
management practices in the inclusive strategies
consider the external actors as partners
vis-à-vis the earlier perception like those of
Porter that they were rivals and posed threats
how sincere are big businesses when they invite
vendors, competitors, public at large as their
partners? In other words, Is CSR a smoke
screen for the public?
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• Efficiency
• Is external competition the only means of
  competition?
• Frame of Reference

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Competition External or InternalWhich is
more challenging?Profit or PassionWhich is
more creative?
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• Spirituality
• Can Spirituality be a key dimension in framing an
  economic model??
• Can the concept of spirituality help one to cross
  the barrier of the general notion of competition?

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• Purpose
• Is the sole purpose of any economic activity
  (business) is
• Profit or People

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Profits Profit or Wealth or value for the
shareholders or the owners of a firm remain to be
at the core for any business enterprise. At
times, profits appear more to be a window
dressing exercise? Should business be
concerned more on Profit than people?
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Problem of present business / economic /
management models

• Pessimistic role of society - Market (Failure of
  market)
• Society is converted into Market
• Positivistic Perfected tools
• Devoid of political philosophy
• Based on Conflict Coercion
• Creates Distance
• Dehumanizes
• Devoid of normative content
• Arrogance Automaticity
• Unnatural rate of growth
• Environmentally abusive

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• With peoples welfare being the sole purpose of
  any economic activity
• What should be the
• METHOD?
• MANAGEMENT?
• STRATEGY?