Bhubaneswar: If you thought, education is only the value for children, because parents at home and teachers at school, you are far behind.

In a world of the deterioration of his value system, including B-schools have value education in their fields of study as a major topic. It aims to promote new education, which guarantees the future overall development of management staff.

Management companies and schools worldwide have recognized the importance of business ethics and their usefulness in the treatment of ethical issues, said Dr Bibhu Prasan Patra, Associate Professor, Xavier’s Institute of Management.

XIMB On paper, since its inception in 1987, while most universities are in the subject line recently classifications as Indian philosophy and values and ethics of Corporate Governance. In some institutions, it is social and ethical responsibility.

For the younger generation of business-like relations. It is a dehumanization and the feeling that nothing until the job is done. They are very ambitious and try to short cuts. In this process, they have nothing against their ways and words.

So a certain degree of humanity and compassion for schärfte expected to-be-managers, said Prasanta Kumar Mohanty, Deputy Director, Institute of Management and Information Science (IMIS), Bhubaneswar. Quite rightly, therefore, the topic was at the Institute in 1996.

Without a good value, now director can not exercise. And it is even more important when demand increased transparency in the corporate world, adds Mohanty. It should therefore be trained in the basics of human value, which right and what is wrong, good, bad, only unjust, commitment, responsibility and obligation of virtue and vice, Patra.

In the current context, the economy, more than a venture with the primary objective customer satisfaction and maximizing profits later. ”Every director must keep in mind that a person already developed in collaboration with the Organization, he worked for the award. To this end, he has to understand the value of the company, particularly relations within a company. It is here that education is the declared value,’’says Mohanty.