Friday, April 14, 2017

Indian Wisdom, Values, Ethics and Management Theory

Vedic Statements that can be related to Modern Management Thought

Collected from

Vedic Management
by Dr. S. Kannan
Taxmann Publications

Modern management is explained under five heads:

Planning, Organizing, Commanding, Coordinating, and Controlling (Henri Fayol)

Planning, Organizing, Staffing, Directing and Controlling  (Koontz and O'Donnel)

Planning, Organizing, Resourcing, Executing and Controlling  (Prof. Narayana Rao)


One shall meditate and reflect upon the objects contemplated.  (p 236, Kanna)

Strategy means the broad program for defining and achieving an organization's objectives: the organization's response to its environment over time. (p 237)

Prepare the implements, make everything ready and move forward.


A person with the mental temperament of a Kshatriya is ideally suited for proper administration and execution of a planned task.

The Yajurveda mentions about manager (Kalpinah) and Chief Manager (Adhi Kalpinah)

Powers shall be shared.

Cohesiveness is the degree of solidarity and positive feelings held by individuals toward their group.

The resolution should be common, minds and thought be united so that all may happily concur.


Leadership is to be bestowed upon a deserving person in a befitting manner (p 240)

The leader is the doer of many deeds for the benefit of others.

Leader shall be for the benefit of his followers.

He hears the words of his followers.

He is a thinker.

He knows. Directs others properly.

He is very wise.


Motivation refers to the factors that cause, channel and sustain an individual's behavior.

For conquering, the energies of the heroes have to excited and their noises should go up together.


Communication is the process by which people attempt to share meaning via the transmission of symbolic messages.



Control is the process of ensuring that actual activities conform to planned activities.

Google Books

Kautilya Arthshastra and the Science of Management: Relevance for the Contemporary Society

Hope India Publications, 01-Jan-2007 - Management science in literature - 208 pages

Kautilya's Arthshastra contains some universal truths which transcend the boundaries of time and space. Arthsh-astra is also very relevant for solving the problems of the present day society, especially in the field of management. The main object of the present work is to identify solutions from Kautilya's Arthshastra to the issues being faced by the economies today and to examine the Kautilian Model in the context of contemporary societies in general and India in particular. Prof. S.D.Chamola is an eminent eco-nomist. During the course of his long association with the CCS Haryana Agriculture University, Hisar, he worked in various capacities in the fields of teaching and research. He headed the Department of Agricultural Economics there, from 1991 to 1994 and the Department of Business Adm-inistration, from 1996 to 2001. He was Senior Fellow, ICSSR, from 2003 to 2005

Human Values and Ethics: Achieving Holistic Excellence

S.K. Chakraborty
Debangshu Chakraborty
ICFAI Books, 2006 - Business ethics - 441 pages

After three years of learning, practicing, teaching and writing on this subject, the authors of this book have come out with this primer on values and ethics that answers many doubts and questions. It is targeted at practicing professionals and takes off.

Humanising Management Transformation Through Human Values

Ane Books Pvt Ltd, 2010 - Management - 217 pages

Value Based Management For Organizational Excellence

Editors: Santosh Dhar, Upinder Dhar, Rajesh K Jain, Sapna Parashar
Excel Books India, 2009 - Business ethics - 272 pages

Management in India: Trends and Transition

Herbert J. Davis, Samir R Chatterjee, Mark Heuer
SAGE, 04-Jan-2006 - Business & Economics - 441 pages

This volume discusses the emerging changes in Indian management culture both at the macro and micro levels and their impact on domestic and multinational businesses based in India. While the Indian business scenario is changing rapidly, the attitude, orientation and practice of management has been slow to adapt. Indian managers have found it difficult to change policies both at the enterprise and the employee level to match an increasingly global and international environment.
This book discusses key issues such as: Indian management culture and emerging challenges; leadership styles and leadership issues that face Indian corporations; ethics and values and their impact on leadership and management culture; the issues confronting global corporations working in India; tackling human resources issues in the Indian context; and the emergence of the new global Indian manager.

Better Management & Effective Leadership Through the Indian Scriptures

Narayanji Misra
Pustak Mahal, 18-Sep-2007 - Management in literature - 207 pages

Management as a subject and various theories associated with it are largely considered as brainchild of the West. the moment this topic is raised, the names of western thinkers, such as F.W. Taylor, Robert Owen and Peter F. Drucker, come to our mind. However, the fact is that all the management theories and hypotheses propounded so far, draw heavily from the Indian scriptures. Indian sages and gurus, like Sukra, Kautilya and Vedavyas laid the foundation to better management through their literary works as early as in the pre-Christian era. This book, Better Management and Effective Leadership through the Indian Scriptures, aims at discovering the treasure hidden in the Indian texts, making the management scholars all over the world feel proud of our literary heritage and appreciate the farsightedness of the Indian thinkers. It is an endeavour to reveal that, be it in any sphere of academics, Indian scholars were in no way secondary to their western counterparts; they were rather the precursors.

Good Governance and Ancient Sanskrit Literature

Aruna Goel
Deep and Deep Publications, 01-Jan-2003 - Polity - 228 pages

Updated 15 April 2017,  10 April 2017, 24 September 2016

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