Management Concepts from Indian Scriptures: Insights for Crisis Management

Main Article Content

Saurabh Shukla, Dr. Prabhat Kumar Dwivedi

Abstract

This research paper explores the management concepts derived from ancient Indian scriptures, particularly focusing on their relevance to contemporary organizational practices. Through an in-depth analysis of texts such as the Bhagavad Gita, Arthashastra, and Ramayana, the study highlights key principles—namely Dharma (ethical duty), Sankhya (knowledge-based decision-making), Brahman (unity and collaboration), and Karma (accountability)—that serve as valuable guides for modern leaders navigating complex challenges.


The paper emphasizes how these ancient principles can enhance ethical leadership, promote informed decision-making, foster collaboration, and reinforce accountability, particularly in times of crisis, such as economic recessions or global disruptions like the COVID-19 pandemic. Through case studies and examples, the findings illustrate how organizations that integrate these timeless concepts into their management practices are better equipped to cultivate resilience and maintain trust among stakeholders.


Additionally, the research discusses the implications of these findings for current management practices, proposing actionable recommendations for organizations seeking to leverage ancient wisdom in their operations. The paper concludes by highlighting areas for future research, including cross-cultural applications and industry-specific adaptations of these ancient principles. Ultimately, this study affirms the enduring relevance of ancient Indian management concepts in fostering ethical, resilient, and effective organizational practices in the modern world.

Article Details

How to Cite
Saurabh Shukla, Dr. Prabhat Kumar Dwivedi. (2024). Management Concepts from Indian Scriptures: Insights for Crisis Management. European Economic Letters (EEL), 14(3), 1661–1672. https://doi.org/10.52783/eel.v14i3.1936
Section
Articles