Corporate Issues & Dilemmas
Drug Dilemma
One of the scientists working in the R&D laboratory of a major pharmaceutical company discovers that one of the company’s bestselling veterinary drugs has the potential to cure a currently incurable liver disease which is prevalent in tribal areas. However, developing a variant of the drug suitable for human being entailed a lot of research and development having a huge expenditure to the extent of Rs. 50 crores. It was unlikely that company would recover the cost as the disease was rampant only in poverty-stricken areas having very little market otherwise. If you were the CEO, then
(a) Identify the various actions that you could take
(b) Evaluate the pros and cons of each of your actions
Aptitude & Foundational Values
Meaning of Aptitude
Dedication to Public Service
Impartiality and Non-partisanship
Blog Mentoring
Young Minds
Meaning of Aptitude
Dedication to Public Service
Impartiality and Non-partisanship
Blog Mentoring
Young Minds
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Insights with KM
Compassion is derived from the Latin "compati," which means 'to suffer with." In academic literature, there is a broad consensus that compassion involves an awareness of the other person's suffering and the consequent motivation to help or provide succour to the suffering individual. In his book Human Emotions, Lazarus defines compassion as "being moved by another's suffering and wanting to help." Similarly, Gilbert, in his book The Compassionate Mind: A new approach to life's challenges, interpreted compassion as a "deep awareness" of others' suffering combined with a desire to help. Most definitions of compassion focus on being touched by the other's suffering and the motivation to help. From an Indian perspective, compassion, known as karuna, is integral to the Buddhist value system and philosophy. Compassion or karuna is considered a "spiritual awareness" of others suffering. Dalai Lama defines compassion as an "openness to the suffering of others with a commitment to relive it."