Ethics in management important, students need to be conscious of growing inequality, says N. Ravi

While management professionals often prioritize shareholder value, they must also consider the needs of other stakeholders – employees, customers, suppliers, and the wider community – to ensure sustained prosperity, according to N. Ravi, Director of The Hindu Group Publishing Private Limited. Speaking at the 17th Graduation Day of MEASI Institute of Management, Ravi emphasized the importance of showing compassion to employees through fair treatment, such as avoiding a "hire-and-fire" policy, as well as focusing on customer satisfaction, ethical advertising, and honesty.

He further pointed out the growing inequality within companies and the wider world, noting that the winner-take-all culture, with CEOs and top managers earning large salaries and bonuses while the general workforce receives modest wages, could foster resentment. Drawing on the work of French economist Thomas Piketty, Ravi highlighted that financial investments typically yield higher returns than other productive areas, contributing to a widening gap between those with substantial capital investments and those without.

He offered four recommendations to graduating students: pursue lifelong learning, particularly in law and policy; apply ethical principles in management; recognize and address growing inequalities; and remain connected to their alma mater. Ravi also urged students to promote financial literacy and safe internet practices among the general public, especially given the prevalence of online financial frauds.

T.A.M. Hameed Kan, Director of MEASI Institute of Management, noted that the graduating students had won gold medals from the University of Madras for the third year in a row, with over 90% of students from the outgoing classes already placed in various companies. MEASI Institute of Management has also received NBA accreditation for three years.

Muslim Educational Association of Southern India (MEASI) President Imthiaz Pasha highlighted that all management seats had been filled for the current year, and 74% of seats allocated through counseling had been taken. A total of 180 students from the 2022-24 and 2023-25 batches received their degrees. Notable attendees included MEASI Honorary Secretary M. Nazar Mohamed, MIM CEO Farhath Khan, and MIM Convener Zaffarullah Khan.