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Indian Management Thoughts and Practice
Concept Testing
1. Harmony with Environment
With the help of YOGA, meditation man (manager) tries to purify himself within,
tries to eliminate dust of anxieties, stress, and depression from his mind and tries
to achieve tranquility so that he can work in present and with more concentration
and achieve his targets efficiently. Thus practicing these activities he truly and
only concentrates on his body and his work, but at the same time man cannot
ignore the environment he is living in. As he concentrates on himself to realize his
targets, he has to get harmonize with the environment for the same. He has to get
adjust with the people around him, his family, his home, his office environment,
his boss, subordinates, nature around etc. So that it would have positive impact on
his actions, his mind, ideas will flourish in harmonized environment. He could
also maintain healthy and natural lifestyle. Locating and shaping spaces in
harmony with both the physical and the spiritual environment is required to
empower the harmonious interaction between person and place. Harmonizing with
environment will result into getting along with people, so that managers will not
face any oppositions in his work, and thus will not get any pressures, depression,
stress, jealousy, anxiety, overwork which are route cause of all negative
happenings.
2. Self Control
Self-control is the ability to make choices about how one behaves and acts rather than
relying on impulses. Instead of acting on instinct or immediate impulse, individuals with self-control pause and evaluate a situation and the consequences that may result
from their behavior.
By exercising self-control, you can learn to make appropriate decisions and choose
behaviors that will be more likely to have positive outcomes.
experience greater low self-esteem as a result. Run the risk of losing your autonomy
and independence and derive your value or worth solely from the unhealthy
relationship you continue in with the unhealthy person, place, or thing.
4. Holistic approach to Personality
Ancient Greek and Indian wisdom and insight considered the human individual, a
unique living entity having self-consciousness and human self a complex of body,
mind, heart, intellect and spirit or soul. We have to pay equal attention to all the
aspects of human personality and consider him as a whole or complete being, having
practically unlimited potential energy and power to develop himself and acquire
perfection so that he can enjoy all round internal and external harmony and progress.
This is called holistic approach in self management and management of any
enterprise as well.
5. Dharmic Leadership
Dharmic Leadership at Work
In business organisation Dharmic Leadership means the torchbearers as to the ethical
practices to be followed by the subordinate. Dharmic leadership involves placing the
satisfaction of employees as a key goal and developing company policies and
processes around it. It involves creating an opportunity for employees to excel by
taking the time to place the best people for the job.
Based on love and a desire to uplift the quality of life for all, such leadership fully
empowers individuals. Employees have an opportunity to not merely pursue
economic gain, but to also contribute meaningfully from the depths of their being to
the organizations success.
The new generations of leaders are not satisfied with wealth creation alone. The new
leader is wealthy, balanced and wise. She is not a slave to technology but masters it to
enhance the quality of life. She practices the fundamental formula:
The new leader seeks and promotes balance as a practical weapon to improve the
bottom line, enhance material prosperity and increase the speed of innovation over the
8. Concept Of KARMA
Karma means in Indian philosophy, a duty or Dharma in a given situation. Karma or
action or work is very natural for the MAN. Only dead body is non-working. The
purpose of work is to bring out divinity and to achieve growth and development.
Moreover, all work/ karma are to manifest divinity, hence these must be pure, good,
honest and sincere. Indian philosophy also teaches to perform every work without
having any attachment to result, as one should understand that every action produces
result and it is inherent in the action itself and is governed by the laws of nature and
one does not know all the laws which contribute to the results but one know that
THINGS function very systematically and in an organized manner in this universe
according to these laws. You are free to act/work or not to work or how to work. You
can plan, organize and build a good strategy to perform your work, but you cannot
control the result. Hence, accept, that result comes from the laws of nature/GOD. This
is also called the Vedantic View OF KARMA.
The GITA considers KARMA as DUTY or SADHNA. Action is to be performed by
dedicating it to the SPIRIT (Divinity) within. And whatever result/fruit comes is to be
accepted as the grace of GOD (PRASAD BUDHY) with equanimity of mind. The
cultivation of PRASADHBUDDHI towards the results of actions/work is KARMA
YOGA (the yogic science of doing work with samatwa or it is selfless work/service to
others). Nishkama Karma (fruits of work) is the result of doing your duty with
discipline and devotion without attachment to work and agency (egoistic pride) and
without calculations of gain or loss. The fruit i.e. Karma Fala is given as Prasad from
the Divine to develop the healthy attitude.
KARMA VADA is an ethico moral law of causation for regulating karma, which
includes thoughts (manasa), words (vacha) and actions (karmana). Thus, even a
thought wave of envy or hatred is karma, a cause, which will produce its inevitable
consequences in one way or another at some later point in time. If some one
knowingly cheats his organization for personal benefit, this too is Karma, a casual
force, with its corresponding backlash.
It is only the right that leads to good results like perennial prosperity and the wrong.
Integral yoga is the conversion of the human soul into the divine soul and of
natural life into divine living. Normally, the old yogas reject the lower nature, the
outer nature, but Integral Yoga wants to transform the lower a total transformation
of our integral being into terms of God-existence.
Bhagvadgita defines YOGA (II 48) as evenness of mind, the tranquility of mental
composure in facing all the pairs of opposites. Work is to be performed without
having any kind of wrong imaginations, false expectations, and anxieties for the
results and fears for the future. In all these preoccupations we lose the immediate
valuable moments available to us to act and to strive efficiently and effectively to
achieve the desired objectives- therefore it is said, Act established in equanimity
abandoning attachment.
Just as an artist forgets everything-even himself while performing on his art, if
manager forgets himself in work, that he performs, his mind is said to be in YOGA.
He will not be anxious for the success or failure of his activity because he knows that
to worry fro the results is to worry for the future and to live in future is not to live in
present. It does not mean that one should not plan or think about future implications
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Descriptive Questions
Q.1 Cultural background and value systems mould the personality of an
individual. Discuss with examples.
(And)
Q.3 Is there a conflict in the value system of east and west? make a
comparative study.
Modern psychology regards human mind as a cluster of various desires for sensual
enjoyment call libido. All human actions, thought, purpose of life are attributed to
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The rules of work are changing. Were being judged by a new yardstick: not just by
how smart we are, or by our training and expertise, but also by how well we handle
ourselves and each other. This yardstick is increasingly applied in choosing who will
be hired and who will not, who will be let go and who retained, who passed over and
who promoted.
These rules have little to do with what we were told was important in school;
academic abilities are largely irrelevant to this standard. The new measure takes for
granted having enough intellectual ability and technical know-how to do our jobs; it
focuses instead on personal qualities, such as initiative and empathy, adaptability and
persuasiveness.
In a time with no guarantees of job security, when the very concept of job is
rapidly being replaced by portable skills, these are prime qualities that make us and
keep us employable. Talked about loosely for decades under a variety of names, form
character and personality to soft skills and competence, there is at last a more
precise understanding of these human talents, and a new name for them: Emotional
Intelligence.
What exactly is this emotional intelligence? Actually speaking it is an art of
handling ones own emotions and influencing others emotions. Every job differs from
the other. Thus emotional requirements for each job will naturally differ in their
perspective. Thus being emotionally compatible with the job is what emotional
intelligence means. Since for each job, requirements are different, theres no standard
for emotional intelligence. In this fast changing world, global village will soon
become a reality. Competition is increasing and job security on the other hand is
reducing. Similarly manpower is being cutback and therefore, burden of work per
person has increased. In such a scenario, managing wide number of activities for the
organization has become inevitable for managers. Alongside, they have to deal with
customers of different preferences from throughout the world, employees coming
from different regions, belonging to different nationalities, they have to follow
regulations of various governments, satisfy shareholders from various countries etc.
Thus now, there has been a integration of different ideologies, philosophies, cultures,
religions and traditions at a single place: Work Place!
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Diagram:
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1.
Personality looks at some aggregate whole that is greater than the sum
of the parts.
Gordon Allport
2.
a)
3.
But the most meaningful would be to include both person and role. So personality is
the characteristic pattern of behaviour (communication skill / ability, good
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Personality Determinants
An early argument
Personality was the result of heredity or of environment.
Personality appears to be a result of both influences.
Heredity
1) Heredity refers to those factors that were determined at conception.
2) The heredity approach argues that the ultimate explanation of an individuals
personality is the molecular structure of the genes, located in the chromosomes.
3) Three different streams of research lend some credibility to the heredity argument.
(1) The genetic underpinnings of human behavior and temperament
distress
are
most
characteristics.
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likely caused
by inherited
genetic
Environment
a) Factors that exert pressures on our personality formation
Early conditioning
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personality. Every individual has to play a varied number of roles during his/her life
span. He may have to play the role of a son, a grandson, a brother, a friend, a husband,
a student, a father, a manager, a colleague and several other roles. Every role demands
a specific kind of behavior. Having a same behavior in all the roles may be
unacceptable and may be considered odd and vague. No matter whats the true
personality of an individual is, every individual must be willing to change and adopt
his/her behavior and attitudes along with the role he/she plays. A true personality may
not be quite different from the role personality, mainly because the role personality
evolves from a true personality. True personality is a source, which guides a persons
behavior in different roles. We see so many managers, all the managers perform the
jobs which are more or less of the similar nature, such as planning, organizing,
directing, controlling etc, but yet we see no two mangers completely alike. This is
mainly because every person has a unique personality, which is unique only to him.
There may be many people alike, but no two individuals would be the same. Thus in
the case of managers even though their jobs are of the same nature, their true
personalities are different, their approaches of work are different and their personal
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personality is like a dual personality. A person tends to be more acceptable when his
behavior is in accordance with the group he/she belongs to or the role he / she plays.
Take for example, that in a group of friends if a person tries to play the role of a
father rather than a friend, then his behavior tend to be unacceptable to the group of
friends. Thus every behavior should be in accordance with the role one performs.
Another aspect of ones personality is that many a times people have a different
behavior towards the society and a different behavior at ones home. The behavior
towards ones society may many a times be a kind of an artificial behavior, which is
done with an intention to impress others. Such kind of a behavior is extremely
dangerous because a person tends to behave against his true personality and thus
many never derive a sense of satisfaction from his behavior. Thus to conclude we can
say that the personality of an individual is a very complex phenomenon, which needs
to be dealt very carefully.
Q11. Is it possible in todays world to integrate values and management?
Q12. How far is it important for managers to search for Inner Peace in the midst
of Hustle & bustle of corporate life?
Q13. Is business Excellence possible without compromising on integrity, quality
& economy/profitability?
Q14. Analyze the feasibility of appointing an advisor on ethical matters in a
business firm?
(And)
Q.15. Critically analyse the benefits of ethical practices in management.
"What is ethics?"
right or wrong, and then doing the right thing -- but "the right thing"
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the
wider
community.
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strong
motivation
and
performance.
Ethics programs promote a strong public image. Attention to ethics is also strong
public relations -- admittedly, managing ethics should not be done primarily for
reasons of public relations. But, frankly, the fact that an organization regularly gives
attention to its ethics can portray a strong positive to the public. People see those
organizations as valuing people more than profit, as striving to operate with the
utmost of integrity and honor. Aligning behavior with values is critical to effective
marketing and public relations programs. Bob Dunn, President and CEO of San
Francisco-based Business for Social Responsibility, puts it best: Ethical values,
consistently applied, are the cornerstones in building a commercially successful and
socially
responsible
business.
Overall benefits of ethics: Donaldson and Davis, in Business Ethics? Yes, But What
Can it Do for the Bottom Line explain that managing ethical values in the workplace
legitimizes managerial actions, strengthens the coherence and balance of the
organizations culture, improves trust in relationships between individuals and groups,
supports greater consistency in standards and qualities of products, and cultivates
greater sensitivity to the impact of the enterprises values and messages.
Last - and most -- formal attention to ethics in the workplace is the right thing to
do.
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For ensuring good corporate governance, the importance of overseeing the various
aspects of the corporate functioning needs to be properly understood, appreciated and
implemented.
Ethics and values in corporate governance
No discussion on public affairs will be complete without a reference to Ethics
and Values. The quality of corporate governance is also determined by the manner in
which top management, particularly the Board of Directors, allocates the financial
resources of the company as between themselves and other interest groups such as
employees, customers, government etc. The basic qualities invariably expected in this
regard are trust, honesty, integrity, transparency and compliance with the laws of the
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b) Self Control
Self-control is the ability to make choices about how one behaves and acts rather than
relying on impulses. Instead of acting on instinct or immediate impulse, individuals with self-control pause and evaluate a situation and the consequences that may result
from their behavior.
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If you don't have the capacity to change yourself and your attitudes, then nothing
around you can be changed.
-The Koran
Negative Effects of not gaining self control
Suffer the negative impact of your out of control behaviors such as alcoholism,
chemical
dependency,
overeating,
compulsive
sex,
addictive
relationships,
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experience greater low self-esteem as a result. Run the risk of losing your autonomy
and independence and derive your value or worth solely from the unhealthy
relationship you continue in with the unhealthy person, place, or thing.
d) Holistic approach to personality
Ancient Greek and Indian wisdom and insight considered the human individual, a
unique living entity having self-consciousness and human self a complex of body,
mind, heart, intellect and spirit or soul. We have to pay equal attention to all the
aspects of human personality and consider him as a whole or complete being, having
practically unlimited potential energy and power to develop himself and acquire
perfection so that he can enjoy all round internal and external harmony and progress.
This is called holistic approach in self management and management of any
enterprise as well.
e) Corporate Values
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