Ethos of Vedanta in Management

The oxford dictionary define ethos as the characteristics and belief

of the community people and the way react to the various problems and situations in life. It refers to the habitual character of a group or a community. Ethos means reputation. Ethos in a Greek word means personality and self character. Ethos has more to do with public image than with private image. In other words, a person ethos is created through language and actions. What a person says and does and other interprets that language and actions creates a persons ethos.

Features of Indian ethos

Every one knows that there is a close relationship between spiritual life and

worldly life of a human being. Individual is the focal point in Indian ethos and basics of indian ethos. Indian ethos emphasis on duties and responsibilities. Balance is the key note of Indian thought. There has to be balance between materialism and spiritualism. Character is based on divine values. A good manager must inculcate these values for effective management. Main emphasis is on wisdom, which comes through experience. Materialism without spiritualism is not acceptable in Indian ethos. such a state of affair is Anartha (devoid of goal). Artha has two meaning goal of human activity and wealth of a nation. Purushartha should be consistent with dharma. Our economic systems governed by Indian tradition ethos.

Indian ethos and management

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another society. Hence the body of knowledge, which drives solution from the Indian system of ethics, is known as Indian ethos in management. Management is behavioral science. It has to be cultural specific. The cultural base of India Ethos an management. As a country culture has its roots in religion- it draws its lessons from Hinduism and Buddhism or any other. The Mahabharata talks of 4-types of dealing with people. Saam (treated equally) Daam (rewarding) Dand (Punishment) Bhed ( discrimination) According to our scripture, people are oriented towards 3 character sets: .Tamasik( the simpleton) .Rajasik( the ambitious) .satwik (the wise) This is example on how one can work with ones subordinates Krishna tells Arjuna in the Gita, Its your duty to kill your enemies for the upkeep of dharma. Analyzing the non-violent strategy of Gandhi, the American management guru, chin-Ning chu says, If Gandhis advisory had been Hitler instead of the honorable British, he would have employed a different strategy Indian management does not preach morality. Today even a 10 year old boy knows what is right and what is wrong. The problem with us how to implement good values in real life and become a great achiever. This is the crux of many problem, and all Indian management shows the path toward the Indian ethos. Management teaches how good values pay better dividends, how honesty helps to grow in industry , how cooperation and fair competition could be better growth strategies.

Each society has to draw lessons on ethics from its own culture. It can not draw lessons from

Basic principles of Indian ethos in management

Indian ethos are famous world wide. There are many world wide examples in which Indian ethos are highlighted to find the business solution. Big businessman, CEOs and high profile executives are each one of these opinion that mgt studies should be linked with Vedas. Vedic, Vedas, puransas,Yoga, Meditation are key to success in ethical based management and have solution to every business problems. The management Principles is based on Indian wisdom include the following Each soul is Potentially divine. Holistic management. Principles of cooperation vs. competition Combining subjective and objective Karma yoga.

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Six Principles of Indian ethos for management

The basic Principles Tat Tavam Asi: you are supreme-everybody can make himself a genius. Aham Brahmasi: I have potential. I can make impossible possible. Why work? For my personal growth. For the welfare of the world. What is work? Yagnaycharatah karma: work is done the spirit of Yagna(teamwork) Seva plus Tyag: give your good to others Spirit of work: a) Yogah karamasu : dexterity & excellence of yoga. The resources: sukshma/subjective factors are more important than sthula/objective factor. Subjective factor are intangible and objective factors are tangible and visible.

Today there are many professional and industrialists who are great but suffering from stress, competition, jealousy and psychology. What is needed today is the combination of these two qualities. One should be a great achiever and peaceful life.

Hierarchism as an organizational value

Hierarchy
A hierarchy is a system of ranking and organizing things or people. A hierarchy can link entities directly or indirectly, vertically or horizontally. The only direct link in a hierarchy are to one's superior, or to ones subordinates. Indirect links can extend vertically upward or downward in the same direction. Hierarchy works in this way
Chief executive

General manager finance

General manager personal

Finance manager

Personnel manager

Hierarchical organization
A hierarchical organization is an organization structured in a way

such that every entity in the organization. Most corporations, governments, and organized religions are hierarchical organizations. Hierarchy starts with a single and supreme ruler, who passes authority down the organizational pyramid. Hierarchy has its organizational value.

Classical of Managers on the basis of levels in the

organizational hierarchy can be depicted as follows.

Top managers Middle level managers Lower level managers

Organization hierarchy
All governments and most companies have similar structures. In

many countries monarchism provided a formal structure that established hierarchical links at every level of society, with the monarch at the top. In business owner traditionally occupied the top of the organization. In most of the large companies there is no longer a single dominant shareholder, and the collective power of business owner is delegated to the board of the directors. Now a days companys shareholders are the nominal top of the hierarchy. A typical form of hierarchy is line organization. the flow of authority in line organization is as follows.

Line organization
Shareholders

Board of directors

Managing director

General manager

Middle level manager

supervisors worker

Hierarchy in Indian culture

India is a hierarchical society. Within Indian culture, whether in the north
and south, Hindu or Muslim, urban or village, people or group of people are ranked according to various essential qualities. Although India is a political democracy. Castes and groups with which almost all Indians are associated are ranked. castes are primarily associated with Hinduism but also exist among other religious groups. Throughout India, individuals are also ranked according to their wealth and power. In a joint family system, karta is the head of the family. Everyone in the family knows, right from the childhood, that they have to obey the orders of karta. They accept the authority of karta even for their personal decision whether minor or major. Subordinates accept his authority and gives him respect.