Vedanta and Management: Relevance of Vedantic Concepts in Modern Management Practices

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Modern day executives, managers, entrepreneurs and businessmen have to accomplish so many things in target time and deal with so many people within and outside the organisatioin. They have also to face a conflict between individual goals and organizational goals. This creates stress and tension which becomes sometimes difficult to manage and expresses itself into various kinds of diseases. In a world of fast changing business environment if a manager wants to manage his business successfully and efficiently with least stress and tension and with happiness and harmony in his life, he should practise some of the important basic concepts and values of Vedanta. This book focuses on some such eternal truths of Vedanta and shows how one can apply these in management practices. We generally depend on western management thought. But Indian philosophy and culture has also much to contribute to build up Indian management thought. Vedanta has many things to contribute in different areas of management like motivating, leadership, communication, management of men, development of proper work culture etc. it also teaches self-management which plays a vital role in managing the outer world. Most of us suffer from micro vision and self-centered views of life and create so many conflicts and problems for us and for others on the job and off-the job too. In fact, we require to develop macro-vision as being taught in Vedanta. The process of globalisation has made the world very small. The whole world is now woven into one fabric. Hence unless we have macro vision, we may create serious problems for the mankind. Vedanta helps managers in cultivating such macro vision which is the need of the day. This unique book has its focus on applicability of some Vedantic concepts in management practices. It will be useful not only for the practicing managers, executives and professionals but also to the management institutes, teachers and students who want to take up further research in this area. Its usefulness is not restricted to management only. It is equally helpful to the common man in developing an art of living a happy and satisfied life.

ABOUT THE AUTHOR Nalini V. Dave

Dr. Nalini V. Dave, currently working in the Department of Commerce and Business Administration, Saurashtra University, Rajkot as a Professor, is M.A. (Economics) and M.Com. (Ad. Accounting, Costing and Industrial Administration) from Gujarat University and Ph.D. from Saurashtra University. She is teaching to Post-Graduate students since last twenty years. She also guides M.Phil. and Ph.D. students. She has to her credit two very important research-based studies. One on the problems of Industrial Sickness in textile industry viz. "Industrial Sickness and Key Areas of Management" and other on "Hospital Management" both published by Deep & Deep Publications. She has also many articles and research papers to her credit published in leading and reputed journals of national level. She has also been awarded to prize twice by the Institute of Chartered Accountants of India for one of the best papers published in the Journals of the institute in the year 1994 and 1996. She has also been awarded Hari Om Ashram Prerit Shri Bhaikaka Inter-University Smarak Trust Awards twice - in the year 1996-97 and 1998-99. Since last eight years she is studying Vedanta and during this study she felt that the practice of Vedantic concepts in management can make a work more productive, a manager more achieving and life more satisfied, meaningful and happy. The result is this important book - First in 1997 and now the Second Edition in 2001.