Author: Himalaya Post

-Top Lal Panthi There is a long and varied history of business in Nepal.  In 1936, after the formulation of the Nepal Companies Act, the Biratnagar Jute Mills was established as the first joint-venture industry. A few more government-owned industries were opened in the 1950s and 60s, often with support from China and the then USSR. From the late 1960 many other joint ventures were established, some of them are still in operation and some organizations have been closed due to the lack of professional human resource and other factors but pessimistic mindset always blame to the political system only. After 1990, the economic revolution of the globe has invited economic reforms in Nepal, there after many business houses were mushrooming as roundabout Indian culture in Nepalese business organizations, where objectives of business organizations and corporate governance have not matched with each other. Scenario shows that no single organization is able to find their expected human resource; on the other hand no competent candidates are finding their appropriate workplace for the job. Lacks of effective job analysis in Nepalese business organizations, many business organizations are not achieving their expected goals and objectives on time, because many business organizations are not committed to the guidelines of professionalism in business organizations which may support to develop competitive advantage in their business. There are many reasons behind the circumstances, one of them is nepotism....

– Durga Chudal Business organizations are regarded as long term entity itself because we human being are mortal where business organizations are immortal. Business ethics means appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. The law often guides business ethics, but at other times business ethics provide a basic guideline that businesses can choose to follow to gain public approval. Nepal is known as least developed country as compared to other giant economies in international level. Hello! Nepalese Business organization, How are you? Until and unless following guidelines are not followed by the business organization in Nepal, they fail to achieve their own personal objectives. Honesty: Employees are regarded as a pillar of the business organizations; they should be strong in terms of education, experience and other managerial skills which are required for the successful operation of the business. Ethical executives are honest and truthful in all their dealings to the customers, management, suppliers and other stakeholders and they do not deliberately mislead or deceive others by misrepresentations, overstatements, partial truths, selective omissions, or any other means. So think yourself, either you are employing such kind of employee or not?  Integrity:  Your employee must be matched with the mission and goals of your business where ethical executives demonstrate personal integrity and the courage of their convictions by doing what...