Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

Read More >>

Faculty

Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

Read More >>

IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

Read More >>

About IIMB

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

Read More >>

Business and Ethics

Volume 14, Number 4 Article by Narender Dhand December, 2002

Business and Ethics :

Short cuts in earning wealth and a preoccupation with business growth to the neglect of other elements, inevitably spell grief, so believes Narender Dhand, Founder, Chairman and MD of Micromatic Grinding Technologies, a company which began as a ‘modest tool room’ and now occupies a dominant position in the Indian machine tool industry. Before dealing with ‘external’ ethics, Dhand believes in putting his own house in order. At the foundation of the core values of MGT is the commitment to ethical business practices with a people focus. The MGT culture is operationalised in their scrupulously honest dealings with the authorities, even if it was initially to their detriment; free communication from top down to the factory floor and every employee’s right to be heard; commitment to professionalism, and 25% of their net profits being distributed among employees. Their commitment to social justice goes beyond the welfare, training and equal opportunity schemes for their workers, to being involved in the social reconstruction of Ghaziabad.

Reprint No 02406i