The Hinduja family business is well known all over the world and they believe the spiritual aspects of their religion are very much entwined with the ways in which their business is conducted. The parents and children that are undoubtedly religious as their faith, moral, and other business values are inspired by spirituality.
Diwali Celebrations: A Blend of Tradition and Business
The Hinduja family has its own ways of celebrating Diwali, a marked show of the family’s religiosity and tradition. Gopichand P. Hinduja, one of the leading members of the family, said that, when they were children, their parents, Mr. Parmanand Deepchand Hinduja who had passed away and Mrs. Jamuna Parmanand Hinduja, stressed the significance of faith and rituals. On the occasion the family would go to the temple and do certain rituals or offerings to the god. Not only did the family retain the traditional form of celebrations, but they also adopted technology into the process. At their offices, they would adorn their computers lovingly referred to as ‘wahi chopras’ with drawings of Lord Ganesha and goddess Lakshmi. These rituals implied a prayer for a blessing, peace, and prosperity on their business quests.
When the family migrated from Tehran to London, the world view changed. The magnitude of celebrating Diwali also increased and soon they started arranging large Diwali parties in their home located in New Zealand. These parties of those days were not only for fun and entertainment but also for unity.
Speaking in an interview Gopichand Hinduja asserted that the family invited not only leaders from the ruling party but also from the opposition and people who could potentially be hostile to them. Diwali to the Hinduja family meant the triumph of good over evil, light over darkness; so, in these meetings they saw a chance to offer an olive branch, so to speak, to everyone including their former enemies.
Wealth: A Means for a Greater Cause
For the Hinduja family, money is not the end that is achieved but a means to an end. Gopichand Hinduja has said many times that he was motivated by money all his working life from the time he was a child. He believes in the Bhagavad Gita and its sloka which says that one has to work without becoming attached to the outcome of the action. Another assumption of the family was that wealth must always be used for a good reason and the standpoint taken was that everything belongs to everyone, and nobody owns anything. This kind of approach follows them in business as well and where financial gain is not the main priority. They care about the society and were raised by their father on the following principles: “Work to give,” “Word is a bond,” “Act local, think global”.
Growth and Family Unity: Values Above All
The Hinduja family business approach to growth has known values and ethical principles as well as effective business vision. They align to the notion that no conflict should ever exist as to the conduct of business in the family. As a result, the family is accustomed to making some divergent decisions from any of the family members to another, so it does not disrupt the harmony. Their business concept regarding their business emphasizes that greed results in overextension and that good intentions and ethical measures are the foundation of actual organic growth.
Gopichand Hinduja also states that he prefers to stay calm and understands the need to be disconnected from the material world. It enables them to manage failure because they are separate from it allowing them to have a healthy mindset. The family also always considers failure as something they do not lose but something which is part of doing business and they should not let it stop them.
Business Strategies and Family Legacy
The business values guiding the Hinduja family are incorporation of empowering and accountability styles, and flexibility. Their business performance enhances leaders, decentralizes responsibility to business professionals and have a tight rein to the use of leverage.
Its basis is like strict religious feelings, and they still carry on the matters of preserving Indian cultural and moral principles within their family. Their message to the world is clear: This is and remains the case and as such, India must preserve values and cultures. The Hinduja family has been able to mix spirituality and their business, and this makes them remain successful as well as united.
In conclusion, spirituality plays an important role in the Hinduja family’s business. They have emphasized values, eradication of vices such as greed for material wealth, integrity and sound business ethics that helped them build their legacies of worth, reputable entrepreneurial careers and giants across the world. They have been further demonstrating that business should serve as a force for peace, prosperity, and service to facilitate.
