Author Topic: Chief Executive Officer Guidelines, CEO Refreshing Guidelines  (Read 3279 times)

Bhishma Kukreti

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Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« on: September 15, 2019, 12:00:59 PM »
  Our Member Bhishma Kukreti will offer many insights about guidelines based on Shukraneeti to Chief Executive officers, Managing Directors, Executive Directors .
Guidelines for CEO (Chief Executive Officers)
Guidelines for Managing Directors (MD)
Guidelines for Executive Directors
Guidelines for COO (Chief Operating Officers)
Guidelines for CFO (Chief Financial Officer)
Guidelines for Managing the new world

Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #1 on: September 16, 2019, 04:17:19 PM »
Shukracharya: The first management Guru of the Earth

(Guidelines for Chief Executive Officers (CEO) series -1

: Bhishma Kukreti (The management Historian)

 Today, management authors cite examples of many Management Gurus. However, the first management Guru had been Shukracharya.
 Mahabharata is the first recorded book that deals first time on King managing the kingdom.  Mahabharata is the first recorded book that refers first time the Neeti or policy or code of conduct or management (mostly King or Kingdom officers or mangers). 
    In 59th Chapter of Mahabharata of Shanti Parva (After the death of Bhishma and Bhishma offering Management lessons to Yudhishthara) , there is discussion on Neeti or Policy or management science  In that chapter, the narrator states that when in the earth there was loss for righteous deeds , Gods reached to Prajapati and requested him to bring back the Dharma (righteous deeds) . Prajapati create a Shastra that is Neeti Shastra (Policy, morality management) or Dandneeti.
  It is stated in  Shukraneeti book (1) that initially, Shiva created Vaishalaksha Neetishastra comprising 10000 shlokas. Indra condensed that Grantha and created Bahudantak shastra comprising 5000 shlokas. After that, Gods  Guru Brihaspati condensed Bahudantak and created Baharspatya Grantha comprising 3000 sholkas. Later on Shukracharya ( Guru of Devils) condensed Baharspatya Grantha and created Shukraneeti comprising of 2200 shlokas.
  Shukraneeti was essential for Kings to manage the Kingdom.  From that time , other Kingdom management gurus as Vidur , Prahsar, Bhishma , Chanakya folloed Shukraneeti too. Today too, Shukraneeti is essential for chief executive officers , prime ministers, ministers, managers at various levels to follow Shukraneeti for managing the institution.
Shukraneeti deals with the rights and duties of the King (CEO); Rights and Duties of prince (second in command); Characteristics of Nation and King (Institution and CEO); Characteristics of friend and enemy; Resource management; Relationship between the King and the citizens (Relationship between CEO-staff- customers); Art and Knowledge; Common policies; King characteristics; defence mechanism ; army management (strategies) etc. All the above subjects of Shukraneeti are relevant today for all managers and CEOs .
  In the following chapters, this author will offer teaching of Shukraneeti relevant to politicians, administrators, managers and policy makers at all levels in all institutions including UNO.
  References
1-Shukraneeti (Neeti Vishayak ek Shreshtha granth) , Manoj Pocket books, Delhi , page Vishay pravesh 1-3)
     
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Guidelines for Chief Executive Officers; Guidelines for Managing Directors; Guidelines for Chief Operating officers (CEO); Guidelines for  General Mangers; Guidelines for Chief Financial Officers (CFO) ; Guidelines for Executive Directors ; Guidelines for ; Refreshing Guidelines for  CEO; Refreshing Guidelines for COO ; Refreshing Guidelines for CFO ; Refreshing Guidelines for  Managers; Refreshing Guidelines for  Executive Directors; Refreshing Guidelines for MD ; Relevancy of Shukraneeti for CEOs


Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #2 on: September 16, 2019, 04:18:47 PM »
 Chief Executive Officer should know about Code of Ethics

(Guidelines for Chief Executive Officers (CEO) series -2

By: Bhishma Kukreti (The management Historian)
-
  सर्वाभीष्टकरं  नीतिशास्त्रं  स्यात सर्वसम्मतम I
अत्यावश्यं नृपस्यापि स सर्वेषां प्रभुर्यत: .I 12 I  (शुक्रनीति )
 Srvabhishtkarn neetishastra syaat sarvsammtam
  Atyavshyam nripsyapi s sarvesham prabhuryta: 12 (Shukraneeti
 The knowledge of Neetishastra (Code of Ethics or Knowledge of Ethics) helps in achieving the target .
 The knowledge of Neetishastra is essential for chief executive officers, directors, chairmen, and managers. 
  Apart from business laws, the chief executives face various ethical obligations those are beyond constitutional laws.  Chief Executive Officer is responsible for all the staff of his organization, the staff of associates and for carrying on those responsibilities.
    The study of ethics is nothing but the study of values, principles standards within the organizational environments.
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Guidelines for Chief Executive Officers; Guidelines for Managing Directors; Guidelines for Chief Operating officers (CEO); Guidelines for  General Mangers; Guidelines for Chief Financial Officers (CFO) ; Guidelines for Executive Directors ; Guidelines for ; Refreshing Guidelines for  CEO; Refreshing Guidelines for COO ; Refreshing Guidelines for CFO ; Refreshing Guidelines for  Managers; Refreshing Guidelines for  Executive Directors; Refreshing Guidelines for MD ; Refreshing Guidelines for Chairman ;  Ned of Knowledge of ethics by CEO, Chairman, MD, Directors 



Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #3 on: September 17, 2019, 05:21:30 PM »
Managing Ethics in the Organization is essential
(Guidelines for Chief Executive Officers (CEO) series -3

By: Bhishma Kukreti (The management Historian)
-
शत्रवो नीतिहीनानां यथाsपथ्यशिनां गदाः।
सद्यः  कोच्चिच्च कालेन भवन्ति न भवंति च। 13 ।  (  शुक्रनीति )
Shatrava Neetiheenanan yathaapathyashinan gada: I
Sadya: kocchicchch kalen bhavanti n bhavanti cha I
13I (Shukraneneti )
[As the illness comes by taking harmful food and illness does not come near by taking useful food, Same way, ethic less human gets several enemies, while the ethical man gets countless friends.]
   Tamara Lundgrane r the president and CEO  of  Schnitzler Steel  Industries rightly said “ We are  not born with character , it is not inherent , It is something we have control over” It means the CEO has to manage ethics for his/her own life and for organization.
Ethics attract helping hands from all directions but unethical deeds attract enmities
  The CEO has to be an ethical human being for managing  the organization  (whether business, government or any organization) smoothly and ethics  are important  for life too.
A business Consultant  (Organization development and Change) Carter McNamara rightly mentions that apart from moral benefits there are at least  8 other benefits by managing ethics in the (business organization).
Those 8 benefits by managing ethics in the organization are  –
1-The Business ethics has sustainability for improving society
2-Managing Ethics help the organization in bad times because the organization has more friends than enemies
3-Managing ethics in organization create strong teamwork and productivity
4- Managing ethics in the organization help in improving the employees’ growth
5- Managing ethics in the organization means the organization leads all works legally that phenomenon increase the life of organization
6- Managing ethics in the organization as well in own life too helps in avoiding criminal acts and those acts decrease the chances of government fines.
7- Managing ethics in the organization is fit for creating quality management, diversity management and strategic planning.
8- Managing ethics in the organization as well in own life create positive and healthy image good for the person and organization too.


Reference:
 Carter McNamara, 223Oct, 2010, 10 Benefits of Managing Ethics in Workplace, www managementhelp.org blogs

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Guidelines for Chief Executive Officers; Guidelines for Managing Directors; Guidelines for Chief Operating officers (CEO); Guidelines for  General Mangers; Guidelines for Chief Financial Officers (CFO) ; Guidelines for Executive Directors ; Guidelines for ; Refreshing Guidelines for  CEO; Refreshing Guidelines for COO ; Refreshing Guidelines for CFO ; Refreshing Guidelines for  Managers; Refreshing Guidelines for  Executive Directors; Refreshing Guidelines for MD ; Refreshing Guidelines for Chairman ; Refreshing Guidelines for President ;   Importance of Ethics for CEO, Chairman , MD


Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #4 on: September 18, 2019, 04:25:01 PM »
The Ultimate Duty of CEO is to serve Internal and External Customers

(Guidelines for Chief Executive Officers (CEO) series -4

By: Bhishma Kukreti (The management Historian)
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नृपस्य परम् धर्मः प्रजानां परिपालनम।
दुष्ट निग्रहणं नित्यं न नित्याsतो  विना ह्युभे। 14।   (शुक्रनीति )
Nripasya param dharm: prajanam paripalnam I
Dusht nigrahan nityam na nityaato vina hyubho I 14I (Shukraneeti)
[The ultimate duty of the King is to serve the citizens and punishing or bridling the evils. The king cannot perform this dharma or duty without knowledge of ethics or code of conducts]
  The ultimate duties of a chief executive officer of any organization are to serve the internal customers (organization staff and staff of associate or related organizations) and the external customers.  The external customers might be the real buyers of organization, government and public entities.
  The job of CEO is to communicate with all internal and external customers
 The CEO can serve the internal or external customers only when she or he has the knowledge of code of conducts or good policies.
  The CEO (Chief Executive Officer) or Managing director should always see that there are no devilish acts in the organization and should have regulations for stopping evil acts or inhuman or unconstitutional acts in the organization.
Copyright@ Bhishma Kukreti, 2019
Guidelines for Chief Executive Officers; Guidelines for Managing Directors; Guidelines for Chief Operating officers (CEO); Guidelines for  General Mangers; Guidelines for Chief Financial Officers (CFO) ; Guidelines for Executive Directors ; Guidelines for ; Refreshing Guidelines for  CEO; Refreshing Guidelines for COO ; Refreshing Guidelines for CFO ; Refreshing Guidelines for  Managers; Refreshing Guidelines for  Executive Directors; Refreshing Guidelines for MD ; Refreshing Guidelines for Chairman ; Refreshing Guidelines for President ;   Serving internal and external Customers by CEO , Managing directors ; Ultimate Duties of CEO/chief executive Officers

Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #5 on: September 20, 2019, 12:08:39 PM »
Many Losses by Ethic Violations by CEOs

(Guidelines for Chief Executive Officers (CEO) series -5
By: Bhishma Kukreti (The Historian)
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अनीतिरेव सच्छिद्रं  राज्ञो नित्यं भयावहम।
 शत्रु संवर्धनं  प्रोक्तं  बलह्रासकरं  महत।  15 ।(  शुक्रनीति )
Aneetireva Sacchidra Ragyo Nityam Bhayavaham
Shatru Sanvardhanam Prktam Balhraskaram Mhat
I 15 I  (Shukraneeti)
[The biggest drawback of King (CEO) is to be unethical and by being unethical, there is increase in fear, enemies and there is sharp decrease in strength and accretion.]
      It is proven fact  that when a CEO /Chairman, president or owner of an organization violates the ethical means the CEO , the organization gets sever losses and there is loss of credibility of the individual as well as the organization besides, the monetary losses and closure of the organization too. Forbes .com rightly states “High profile downfalls of corporate CEOs are not a new phenomenon (1)”
  forbes.com offers the example of 5 bad CEOS in a chapter ‘ 5Most  publicized Ethics Violations by CEOs (1)-
Kenneth Lay of Enron – The downfall of Enron is well known fatc about non ethical acts by CEO Kenneth Lay that not only destroyed big giant corporation Enron but destroyed one of the biggest audit firm Arthur Anderson too.
Bernard Ebbers the CEO of WorldCom too destroyed the organization his repute by violating the ethics.
Canadian Conrad Black the CEO of Hollinger International destroyed the corporation by non-ethical acts.
The electronic and security giant Tyco was destroyed by unethical acts by its CEO Dennis Kozlowski
Scott Thompson the CEO of Yahoo (2012) was charged for forged degree .
   In India, the ex-Bihar CM and ex Indian railway Minister Lalu Prasad Yadav got presentment for his corrupt acts or unethical means in fodders deal in Bihar.  The reputation of Lalu is destroyed and his family members have to go tremendous pain and distress for his bad deeds.
  It is true that shareholders and other stake holders expect high ethical means s from the CEOs.
References
 www.forbes.com  on investopedia dated 2/5/2013 
 
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Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #6 on: September 21, 2019, 10:43:35 AM »
Unethical and Autocratic CEO losses Competent Employees

(Guidelines for Chief Executive Officers (CEO) series -6)

By: Bhishma Kukreti ( A Historian)
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 नीतिं त्यक्त्वा वर्त्तते  यः  स्वंतन्त्रः स हि दुःखभाक।
  स्वतंत्र प्रभुसेवा तु  ह्यसिधारावलेहनम।।  16 । ।    (  शुक्रनीति )
 Neetim tyaktva varttte y: swatantra: s hi dukhbhak I
 Swatantra prabhuseva tu hyasidharavlehnam II16II (Shukraneeti )
[The unethical and autocratic King suffers anguishes and it is as bad as walking on sword edge for working with unethical King and is harmful to serve unethical King.
 The unethical acts by CEO or organization have many drawbacks. The unethical organizations or individuals suffer in long terms. The Ex –Indian Finance and Home Minister P. Chidambaram is suffering a lot (legal custody and jail custody) because of his so called unethical  acts by supporting his son’s unethical acts  (taking bribes for wrongs) . The reputation earned by learned Chidambaram is now damaged and that damage is non-repairable.
  The organization also suffers by adoring unethical acts. There are negative impacts on the employees’ performances in the organizations too those prefer unethical means for running the organizations and ultimately start losing competent employees. Ethical based organization attracts competent staff but unethical based organization detracts competent employees. Competent employees do not prefer working with unethical CEOs or unethical organizations.

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Loss of competent Employees from unethical Organization ,  Guidelines   for Chief Executive Officers; Loss of competent Employees from unethical Organization ,  Guidelines   for Managing Directors; Loss of competent Employees from unethical Organization ,  Guidelines   for Chief Operating officers (CEO); Loss of competent Employees from unethical Organization ,  Guidelines   for  General Mangers; Loss of competent Employees from unethical Organization ,  Guidelines   for Chief Financial Officers (CFO) ; Loss of competent Employees from unethical Organization ,  Guidelines   for Executive Directors ; Loss of competent Employees from unethical Organization ,  Guidelines   for ; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for  CEO; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for COO ; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for CFO ; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for  Managers; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for  Executive Directors; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for MD ; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for Chairman ; Refreshing Loss of competent Employees from unethical Organization ,  Guidelines   for President ;   



Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #7 on: September 22, 2019, 09:41:16 AM »
Unhappiness among Employees of Unethical CEOs or Organizations

(Guidelines for Chief Executive Officers (CEO) series -7)

By: Bhishma Kukreti (A Historian)
-
स्वराध्यो नीतिमान राजा दुराराध्यस्त्वनीतिमान।
  यत्र नीतिबले चोभे तत्र श्रीः सर्वतोमुखी      ।।  17  । ।    (  शुक्रनीति ) 
Swaradhyo Neetiman raja Duraradhyastwaneetiman  I
 Yatra Neetibale Chobhe Raja shree: sarvtomukhi
II 17II  (Shukraneeti)
  [The employees serve the ethical King with happiness, and servants serve the unethical King with pain or unhappiness. The King that is ethical (righteous) and strong gets the wealth.]
    It is true that the misconduct or bad conduct of CEO or organization indulging illegal acts, the employees do not accept the CEO or organization with happiness. In one survey, it was found that 71 employees prefer pay cut to work with the company whose value they share and 39 % would quit the job if boss insists for unethical acts (1)
Ethical means in the organization or good conduct of CEO creates the  competitiveness among employees of  the organization too .
References
Ivy Walker, 2019 93oth April) Your Employees are Judging You. Here is How unethical behaviour can cost you Big time.forbes.com/sites/ivywalker/2019/04/30/ your-employees-are-judging-you/#2d89d5474575
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 Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Executive Officers;  Employees behaviour with Unethical CEO/Organizations , Guidelines for Managing Directors;  Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Operating officers (CEO);  Employees behaviour with Unethical CEO/Organizations , Guidelines for  General Mangers;  Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Financial Officers (CFO) ;  Employees behaviour with Unethical CEO/Organizations , Guidelines for Executive Directors ;  Employees behaviour with Unethical CEO/Organizations , Guidelines for ; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for  CEO; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for COO ; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for CFO ; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for  Managers; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for  Executive Directors; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for MD ; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for Chairman ; Refreshing  Employees behaviour with Unethical CEO/Organizations , Guidelines for President ;   Serving internal and external Customers by CEO , Managing directors ; Ultimate Duties of CEO/chief executive Officers



Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #8 on: September 24, 2019, 09:12:19 AM »
Ways for creating Ethical culture in the Organization

(Guidelines for Chief Executive Officers (CEO) series -8)

By: Bhishma Kukreti (A Historian)
-
 अप्रेरित हितकरं सर्व राष्ट्रं भवेद्यथा।
तथा नीतस्तु सन्धार्या नृपेण आत्महिताय वै  ।।  18   । ।    (  शुक्रनीति )
Aprerit hitkaram sarva rashtram bhavdyatha I
Tatha neetastu snadharya nripen atmhitay vai I I 18II (Shikraneeti )
[If without inspiration or order from the King the Citizens are ethical and are devotee to the nation the King should follow the same policy]
 If in any organization the employees follow the ethical means without any order (written or verbal instruction) or code of conduct, the CEO should follow the same policies for long.
   The employees follow the ethical means only when there is ethical culture in the organization. Eminent behavioural Psychologist Thomas G. Plante suggests the CEOs   following means are necessary for creating ethical culture among employees (1) –
1-Clear expectations for what is Okay and Not Okay
2-Modelling desired behaviour from top bosses
3-Reinforce the behaviour you want and don’t reinforce the behaviour that you don’t want
4-Focus on Skill Building and Problem Solving
5- Provide the Tools People need act ethically
6-Provide Corrective Feedback
 Corrective feedbacks are most important in creating ethical employees.
Reference-
1-Thomas G. Plante PhD ABPP, 2015 , Six ways to Create a Culture of Ethics in Any Organization, www.psychologytoday.com/int/blog/do-the-right-thing/201507/six-ways-create-culture--ethics-in-any-organization
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Bhishma Kukreti

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Re: Chief Executive Officer Guidelines, CEO Refreshing Guidelines
« Reply #9 on: September 25, 2019, 10:54:46 AM »
Unethical or Policy less Leadership create Divergences among Employees

(Guidelines for Chief Executive Officers (CEO) series -8)
(Lessons for CEOs based on Shukraneeti)

By: Bhishma Kukreti (Sales Consultant)
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भिन्नं राष्ट्रं बलं भिन्नं भिन्नो अमात्यदिको गणः।
 अकौशल्यं  नृपस्यैतद  नीतेर्यस्य सर्वदा     ।।  19    । ।    (  शुक्रनीति )
Bhinnan Rashtram Balam Bhinnam Bhinno Amatyadiko ganh I
Akaushalyam Nripsyaitad Neeteryasya Sarvda II 19II (Shukraneeti)
[Because of unethical King, if there are differences of opinions, divergences and enmities among the Citizens, Army and Ministers Etc. that is the Sign of foolish King]
 It is important that CEO or leadership create ethical conduct among employees for achieving common goal in the organization.
 If the CEO is not moral person or the leadership is policy less or unethical, it is sure that there will be differences of opinions, differences, divergences and enmities among the employees and employees pay more attention on their opinions or egos than the common goal of the organization.
 Michael E. Brown and Marie Mitchell (2010) concluded from various researches that the organization gets benefits such as from ethical leadership is related to important follower outcomes. Such as employees job satisfaction, organizational commitment, willingness to report problems to supervisors, willingness to put extra efforts on the job, voice behaviour (expression of constructive suggestions intended to improve organizational health) and perception of organizational culture and ethical environment.
  Michael E. Brown and Marie Mitchell (2010) concluded too for the negative effects of unethical leadership on the employees.
    Michael E. Brown and Marie Mitchell (2010) state that unethical leadership effect negatively on the followers, influence negatively on employees attitudes, task and extra role performance, resistance behaviour, etc.
  The unethical or policy less leadership definitely influence positively on the employees for deviant and unethical work behaviour among employees.
 The unethical leadership or policy less leadership definitely create selfish  goals for themselves among employees ignoring the goal of the organization.
Reference:
1-Michael E. Brown and Marie Mitchell (2010),Ethical and Unethical Leadership: Exploring New Avenues for Future Research,  Business Ethics Quarterly 20:4, (Oct. 2010) pages 583-616
 


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Differences among Staff due to unethical CEO, Guidelines for Chief Executive Officers; Differences among Staff due to unethical CEO, Guidelines for Managing Directors; Differences among Staff due to unethical CEO, Guidelines for Chief Operating officers (CEO); Differences among Staff due to unethical CEO, Guidelines for  General Mangers; Differences among Staff due to unethical CEO, Guidelines for Chief Financial Officers (CFO) ; Differences among Staff due to unethical CEO, Guidelines for Executive Directors ; Differences among Staff due to unethical CEO, Guidelines for ; Refreshing Differences among Staff due to unethical CEO, Guidelines for  CEO; Refreshing Differences among Staff due to unethical CEO, Guidelines for COO ; Refreshing Differences among Staff due to unethical CEO, Guidelines for CFO ; Refreshing Differences among Staff due to unethical CEO, Guidelines for  Managers; Refreshing Differences among Staff due to unethical CEO, Guidelines for  Executive Directors; Refreshing Differences among Staff due to unethical CEO, Guidelines for MD ; Refreshing Differences among Staff due to unethical CEO, Guidelines for Chairman ; Refreshing Differences among Staff due to unethical CEO, Guidelines for President ;   


 

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