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Values Based Management: Guided by the Bhagavad Gītā

  • Paul Palmarozza
Chapter
Part of the Management, Change, Strategy and Positive Leadership book series (MACHSTPOLE)

Abstract

The teaching of the Bhagavad Gītā, has a special role to play today in helping to guide those engaged in business, especially, managers of businesses, small and large. The essence of the problem is that business is mired in a mistaken view that maximizing short-term financial results is the ultimate goal. When focused in that way decisions are made that often ignore important moral, environmental and personal issues. This work looks at the application of natural human values like honesty, patience, and courage that are offered in the Gītā, in the performance of nine core management functions. When these values are properly applied then important business values like credibility, productivity, and innovation arise naturally, resulting in a profitable, sustainable, and responsible business. The essential message is that business can be principled and profitable, ethical and effective, and conscious and commercial.

Keywords

Bhagavad Gītā and management Bhagavad Gītā and leadership Business ethics Values-based management Responsible and sustainable business 

Notes

Further Reading

Bhagavad Gītā, Commentary by Sri Sankaracharya as translated by Alladi Mahadeva Sastry, Samata Books, 1981

The Dialogues of Plato as translated by B Jowett, Random House, Volume 1, Book VIII (The Republic), 1937

The 18 Immutable Laws of Corporate Reputation, Ron Alsop, Wall Street Journal Books, 2005

From Principles to Profit – The Art of Moral Management, Paul Palmarozza & Chris Rees, (Arcturus Publishing, 2006)

The Seven Spiritual Laws of Success, Deepak Chopra, Amber-Allen Publishing,1994

A Pocket Book of Virtue, BK Publications, 2011

Gandhi: Selected Writings, Ronald Duncan, Courier Corporation, 2005

Anna Karenina, Leo Tolstoy, ReadHowYouWant.com, 2009

Meditations - A New Translation, Marcus Aurelius, Modern Library, 2002

All’s Well That Ends Well, Shakespeare, Folio Society,1963

First Things First, A. Roger Merrill & Rebecca R. Merrill, Simon and Schuster,1995

Memory and Identity-Personal Reflections, Pope John Paul II, Weidenfield & Nicolson, 2005

The Prophet, Kahlil Gibran, Alfred A Knopf Inc., 1967

The Words of Desmond Tutu, Naomi Tutu, Newmarket Press, 1989

Gandhi & Jainism, Shugan C Jain, International School of Jain Studies, 2017

Path To Tranquillity, Dalai Lama, Penguin Books India, 1998

Kindness, Clarity, and Insight, Dalai Lama, Shambhala Publications, 2013

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Paul Palmarozza
    • 1
  1. 1.Regents UniversityLondonUK

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