Pics: Meryick D’silva
Daijiworld Media Network-Mangalore (SHS/KK)
Mangalore, Apr 7: “Imminence of integrating social values was a serious issue after the country witnessed the greatest slump in the growth rate and currency volatility owing to the rampant scams and corruption, both in the administration and corporate houses,” said former senior vice president of MRPL, V K Talithaya.
Talithaya was addressing students from across the nation after inaugurating a national conference on ‘Business sustainability through social Value addition,’ organized by the department of PG studies in commerce on Monday April 7 at St Aloysius College (Autonomous).
He pointed out that the government and corporate bigwigs were hand in gloves and stressed that the maladministration was evident due to the ill-motifs of the political leaders along with the business giants.
He added that this forced many economic leaders to draw better prospects for the county, invoking the old saga of social value addition in the arena of business.
Further, deepening his ideas on the subject of social value addition to achieve sustainability in the business he said, “Social values fall above the business norms. Paying salary and incorporating transparency in the accounts, favoring NGO’s, schools, helping students through the means of scholarship does not mean that a company has integrated social values in its business operations.”
“According to me, social service that falls away from habitual business of the company cannot be termed as value addition in the business,” he said.
Speaking on integrating value addition, he cited an example of the Khan Foundation that allows students across the globe to download software that provides quality educational materials and thus makes million dollars of profit.
“Along with making money, the company is also imparting benefits to lakhs of students across the globe. This boosts the business sustainability through the mode of adding social values,” he noted.
“A business does not only involve making money and paying salaries to the employees but should also enhance the growth by empowering them,” he added.
However he said, “I am sad that the bidi industry of Dakshina Kannada has failed in facilitating the empowerment of women in catering to their needs and expectations from the industry.”
He further said, “Giving a good turn around for the policies of the industry would change the plight of women who roll bidis in the nook and corners of the villages.”
The national conference will host four technical sessions to impart knowledge on the subject comprehensively, with experienced speakers participating in the sessions. The valedictory function will be held in the evening.
Principal of St Aloysius College Fr Swebert D’silva presided the inaugural session; professor at St Joseph College Augustine Amaldas, Jennifer Maria Quadras, Dr Suresh Poojary, Dr A M Narahari and others were present during the inaugural programme.