Juxtaposition of Eastern Management Styles and Practices with Modern Management System and Concepts

Year
2017
Publication details

SSRN, Elsevier

Author
Nidhi Kaushal, Sanjit Mishra
Author's Credentials
Indian Institute of Technology (IIT), Roorkee - Department of Applied Science
Management Discipline
General Management principles
Source
Indian Business Practices
Issue

Being followed by the leaders and entrepreneurs of the country right since the Vedic ages, the ancient Indians had developed their own management systems with the help of which they successfully carried out their business affairs. It is the hypothesis that the practices thus cultured and the concepts thus evolved, are relevant across the boundaries of time and space, and shall be immensely helpful for the organizations of the west as well. In this paper they have examined the organizational and other managerial skills in the works of spiritual- social reformers and other political leaders from India. The Indian perspective on management is based on the Purushartha (a key concept and denotes the four proper aims of a human life). It was the base model of management in ancient time which has been followed by management thinkers and leaders of India.