At the root of economic and financial problems of the today’s world, is the issue of the governance, and the ethical and moral fiber of the managers and leaders who are managing and leading the businesses. Even the so called most civilized nations of the contemporary world have seen the worst cases of ethical and moral lapses on the part of the world renowned businesses.

Despite so many conferences, seminars and training programs held to create awareness about the ethical and moral fiber in business operations; and despite so many ethical and moral standards laid in black and white obliging the business world to adhere to, a substantial outcome to give relief to economically and financially troubled world is yet to be seen.

Socially responsible businesses and ethically motivated business leaders and managers, is now the dream and need of the world, which is becoming more and more important as the world is progressing. This dream cannot be achieved by simply laying down standards. This can only be achieved by educating the prospective and future leaders in right perspective-education that will motivate them to commit to and adhere to business ethics, and to also inspire them to be socially responsible.