Home
Vision
About us
2008 Symposium
Ethics in Business Award
Selection Criteria
Nominate Now!
Previous Conferences
Media
Contacts




News & Press


'Durf te dromen en toon meer respect', Het Parool, The Netherlands,
11 December 2007


DARING TO DREAM LEADS TO RESPECT
Mike Van Damme

LAST WEEK he was still in India on a trade mission in the company of, among others, five Dutch Deputy Mayors, including Lodewijk Asscher of Amsterdam. Then Rutger Koopmans, the ING head of medium-sized business and chairman of the Dutch – India Chamber of Commerce, received a telephone call from Brussels. “I was invited to a congress to give a speech on ethics, but they also asked if I would be able to attend a dinner, in order to receive an award.”

What does the Ethics in Business award mean to you?

“It means recognition. Ethics in business is something I have been involved with for a long time. The award ceremony itself was a special experience. I received the award from the hands of the Indian guru Sri Sri Ravi Shankar. He is a very special man, with a large following.”

You must have been doing something innovative to be recognised with an international award.

“As the chairman of the Dutch – India Chamber of Commerce, I have been to India many times, and in that capacity I am doing my best to bring the two industries and cultures closer together. I think that is what in essence prompted this award. It is not just coincidental that the European business world is focusing more and more on human values, now that the Indian economy is recording such robust growth.”

Is the business world in India much more humane than in the Netherlands?

“In Indian community life, I see an unbelievable fundamental democratic feeling, tolerance and a feeling of collectivity. Why are Indian airports always so busy? People are seeing each other off and picking each other up. There is much less emphasis on individual achievement. People embrace diversity, with the idea that ‘it is good that you are different from me, then together we are strong’. There is a much lesser sense of this in the Netherlands.”

How does this translate in the Indian business world?

“Based on my experience, I have noticed that in business dealings there is an enormous need for a personal relationship. It’s not that they negotiate a good price and then forget about the rest… Business dealings need not be a purely hard-as-nails affair,” said ING director Rutger Koopmans (49), who received the Ethics in Business award at the European Parliament in Brussels last week. “In India, first you talk about your family, then you go on to business.”

“It is a gesture of respect if, for example, you first ask where a person is from, how their family is doing… In the Netherlands people are inclined to say too quickly, “Let’s deal with business matters first and leave the personal stories for later."

You ask about their parents?

“No, of course you need to take into account what fits in with your own culture.”

What is that, when we are speaking about Europe?

“Empathy, I think. You must have consideration for and be committed to the people who work for you or whom you are working with. That is just as important as the salary. Giving someone the opportunity to develop their talents is definitely just as important as providing them with a company car. We must not only think in terms of material values.”

What are you doing at ING to implement human values?

“We have ‘business principles’, rules whereby we make it clear what we stand for and thus what we do not stand for. As a company we encourage our employees to actually use the space they are given. They can serve on the boards of cultural institutions or provide administrative or managerial services for schools. These are essential roles in the community. It is my responsibility as a manager to create the space for these things, as well.”

Is it easy then for your employees to get a day off?

“First of all, you need to take into account that people who do volunteer work or are a member of a board sometimes do not have time for the company in the evenings or need to leave an hour early. As the employer, you simply need to be accommodating about it.”

On your website, you write that you must always go for ‘10’ if you are going for something. Doesn’t that pushiness actually conflict with the ethical values you are trying to bring forward?

“Not really, it just depends on how you define ‘10’. I believe that you should make the most of your talents - do not be one-sided. Some people have one unmistakeable great talent, but most of the rest feel at home in a variety of markets. All these talents need to be developed, without making compromises.”

Ruthlessness is not encouraged, then?

“The message is - dare to dream, even in business life. I often see people who dream about starting a business or taking over their parents’ company. The dream coming true means much more than could ever be expressed in terms of money. For me, too, there is no sum of money that could express the value of winning this award. Money is absolutely not everything.”

Caption: Rutger Koopmans with Sri Sri Ravi Shankar
‘I HAVE BEEN INVOLVED WITH ETHICS IN BUSINESS FOR A LONG TIME’

Normen en warden in de bancaire sector, Het Financieele Dagblad,
The Netherlands,
3 December 2007

English Translation: Normen en waarden in de bancaire sector
Newspaper: Het Financieele Dagblad, The Netherlands
Date: 3 December 2007

Norms and Values in the Banking Sector
3 December 2007, Het Financieele Dagblad, The Netherlands

Brussels – Rutger Koopmans, a board member of ING Wholesale Banking and chairman of the Netherlands – India Chamber of Commerce, was presented with the Ethics in Business Award in Brussels. The award is given by the International Association for Human Values, Europe.

Koopmans was honoured with the award because of his work to achieve a good balance between commercial objectives and human values. The previous year, the award was presented to T.R. Doongaji of the Tata Steel Company.

In his work at ING, Koopmans is responsible for international business operations of medium-sized companies. He is also a member of the Steering Committee of the theater group Toneelgroep Amsterdam, chairman of the board of Cinekid, and treasurer of the Ronald McDonald House/Childrens’ Town of the VU University Medical Centre in Amsterdam. Koopmans is also actively engaged as ambassador for the Amsterdam-based Business in Development Network Foundation.

T R Doongaji, MD, Tata Services, wins Corporate Culture and Spirituality —2006 Ethics in Business Award, Tata Media Room, India,
November 2006

Corus in handen van Indiase weldoener, Het Financieele Dagblad,
The Netherlands,
11 November 2006

English Translation: Corus in handen van Indiase weldoener
Newspaper: Het Financieele Dagblad, The Netherlands
Date: 11 November 2006

CORUS IN THE HANDS OF AN INDIAN BENEFACTOR
The Indian Tata Group, which is about to take over the British–Dutch company Corus, is praised for its business ethics.

By HENDRIK JAN VAN OOSTRUM

Brussels – According to Mr. Doongaji, the managing director of Tata Services, ethical business practices constitute a part of the Tata Group’s heritage.

This Indian business concern was founded by Jamsetji Tata in 1868. His credo, Doongaji explained, was that in business, the community is not just one of the interested parties but the purpose of its existence.

Jamsetji Tata’s descendants have wholeheartedly adhered to the credo by placing 67% of the Tata Group shares in a foundation. It earmarks 67% of the dividends for humanitarian causes such as school projects and flood relief assistance.
Doongaji spoke about the “cycle of wealth” whereby over the years, billions of dollars have been funnelled back into the community.

The conglomerate is listed on the Bombay stock market, trades, among other things, in steel and real estate, and has a market capitalisation of $47.6 billion. In the 2005-2006 fiscal year, it generated a $21.9 billion turnover and $2.1 billion in earnings. The group has about 203,000 employees and operates in 54 countries.

Last week, the Tata Group received the Corporate Culture and Spirituality Award for Ethics in Business, which the former Dutch Prime Minister Ruud Lubbers presented to Doongaji at the European Parliament in Brussels.

In his presentation speech, Lubbers stated, “When it comes to business ethics and responsible business practices, we in the West can no longer claim that we have lessons to teach to the rest of the world about this. There is so much to learn on this topic from other parts of the world, as the example of Tata demonstrates.”

Enlightened business practices

Lubbers’ friend confers an award on Tata

* The Indian Tata conglomerate receives a new award for business ethics
* Two-thirds of Tata’s dividends are allocated for good deeds
* The award was initiated by Ravi Shankar (photo), an influential spiritual leader
* The award was presented by former Dutch prime minister Ruud Lubbers

The Tata Group announced a surprise €6.4 billion take-over bid for the British–Dutch steel concern Corus last month. The Corus board agreed to the offer and this now needs to be approved by the shareholders.

Tata’s managing director Doongaji did not doubt that the shareholders would approve the bid. After he was presented with the ethics award, a futuristic looking cup, he talked to the press. He spoke about the Corus acquisition as an accomplished fact, “We have taken over Corus with the idea of a partnership.”

The award, the first one of its kind to be presented for business ethics, was an initiative by Ravi Shankar. He is an influential Indian spiritual leader and founder of the International Association for Human Values. Shankar and Lubbers know each other well. They are working together to promote the Earth Charter, whose objective is sustainable development.

Impressum


© 2008 International Business & Leadership Symposium