Panch Siddhanta (Five Principles) of Indian Ethos and Indian Management: Towards Vedanta-in-Practice

This paper presents five founding ideas of Indian ethos leading to five principles of Indian Management. These include (1) Oneness (2) Two types of human beings: (Thought-Action) Positive and (Thought-Action) Negative (3) Three Gunas or Qualities of Nature represented by Violent, (Vibrant and Silent energies (4) Four Purusharthas (Goals) of life and (5) Panch-koshas: Five sheaths model of human personality. Paper explores implications of these five principles for 'Practical Spirituality' in individual, social and organization contexts.