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Business Sutra- From Gita to Harvard

Since the industrial revolution 150 years ago, modern management practices have been created, but the Gita was written thousands of years ago yet is still relevant in our lives. I'm curious as to why more than half of Fortune 500 firms that were listed in the 1990s are no longer appearing in the current list. This, without a doubt, has something to do with current management systems. On the contrary most profound insight perhaps Gita offers to modern management is a framework of high level of motivation, work ethics and prosperity for all.

Management is now an integral element of everyday life, whether at home, at work, in the industry, or in government. Management principles are applied in all organizations when a collection of people gather for a shared goal, such as resource management, finance and planning, priorities, policies, and practice. Management is a method of carrying out operations in any sector that requires human effort in a methodical manner.

The Bhagavad Gita provides management advice. When it comes to management, there's a big difference between effectiveness and efficiency.

· Doing the correct things is the definition of effectiveness.

· Doing things correctly is what efficiency is all about.

The Bhagavad Gita, which was written thousands of years ago, enlightens us on all managerial techniques that lead to a harmonious and blissful state of affairs in place of the conflict, tensions, poor productivity, lack of motivation, and other issues.

Gita emphasize the contemporary (Western) management ideas of vision, leadership, motivation, excellence, objectives, decision-making, and planning. There is one significant distinction. While Western management theory tends to focus on problems at the material , external, and peripheral levels, the Bhagavad Gita addresses difficulties at the most fundamental level of human understanding. When a person's basic thinking is changed, the quality of his actions and outcomes improves naturally.

My intention is not to advocate that the Western model of efficiency, dynamism, and striving for perfection be abandoned, but rather that these values be aligned with India's holistic approach of "GITA" - for the welfare of many, for the betterment of people working in the Organization . In fact, there is a moral dimension to business. In this respect, what we do in business is no different than what we do in our personal lives. #management#leadership#strategy#motivation#cii4india#assocham#phdcci#ficci

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