The long list of failed corporate giants and banks caught in these scams and the magnitude of their mismanagement for profit maximization with complete disregard to well beings of their employees and common shareholders tells us that something is seriously missing or has gotten lost in this race to economic prosperity.
One of the ways to search the alternative paradigms in management and leadership is going back to our roots – ancient Indian culture and traditions. The known economic history of India begins with Indus Valley Civilization that was the first known permanent and predominantly urban settlement that flourished between 2800BC to 1800 BC and had an advanced and thriving economic system.
Corporate life was in vogue in India since Vedic times.According to economic historian Angus Maddison in his book ‘The World Economy: A Millennial Perspective’ published by the OECD Development Center in Paris in 2001, India had the world’s largest economy in the 1st century and 11th century and in the 18th century, with a 32.9% share of the world GDP in the 1st century and 28.9 % in the 1000 AD, and in 1700 AD with 24.4%.
Vedic Foundations of Indian Management is an initiative started by Sunita Singh Sengupta, Founder of ISOL Research Foundation and supported by same spirited people to rediscover the ancient business models to suit the needs of modern societies. Efforts will be made to integrate the insights drawn from ancient Indian wisdom traditions (Vedas) with modern management practices to promote stakeholder engagement and enlightened corporate citizenship behavior.
For more information please contact:
Sunita Singh Sengupta, Ph.D.
Founder & Honorary Convener
Vedic Foundations of Management
Email: email@example.com, firstname.lastname@example.org