Relevance of Principles of Management in Ancient Scriptures in Changing Business Context

Authors

Ruchi Gupta, Hemlata Soni

Abstract

The sage of ancient India has left behind their knowledgeable scriptures and texts and from those texts we derive the essence of our today’s presence and our euthenics being. These famous Indian scriptures are Vedas, Puranas, Upnisads, Ramayana and ShrimadBhagwad Gitaetc. The Ramayana and ShrimadBhagwad Gitaoffers immense knowledge on various fields such as spiritual awareness, peace, management of time and stress. The Veda urges the successful enterprises to be the strong value based system for achieving long term results. This will be possible only through transparent practices focusing on the best interests of the society in large. Our ancient scripture has already the sense of wealth maximisation, change management, ethical practices, cultural practices, productivity management, globalization, customer satisfactions etc. Management itself is a wide spectrum. This paper will try to identify the linkage between our Indian values which have stood the test of time and modern management philosophy. This study focuses on enriching the modern management paradigms by implication of management system developed in our own ancient texts especially in Ramayana and ShrimadBhagwad Gita. The theoretical framework with reference to spiritual congruence help in creating sustainable management model by which an organisation can attain excellence and scales up itself from individual/institutional level to global level

Keywords

Ancient texts, Management, Ramayana, ShrimadBhagavad Gita.

Relevance of Principles of Management in Ancient Scriptures in Changing Business Context. Ruchi Gupta, Hemlata Soni. 2022. IJIRCT, Volume 8, Issue 6. Pages 26-28. https://www.ijirct.org/viewPaper.php?paperId=2212010