Corporate Management Lessons from Mythology: Fundamental ingredients for MBA qualification

At the Indira School of Business Studies, best MBA college in Pune, we are constantly striving impart management knowledge in an innovative ways. We use case studies, skill building activities like simulation games, live projects, industrial visit, exposure to workshops & conferences.

One of the greatest epics of Hindu Mythology is Ramayana. It’s not just a story, but also served as medium used in ancient sages to promote the importance of doing your dharma (duty). In modern age we can adopt many corporate lessons from Ramayana which are part of leadership, management and governance and can be learnt in best MBA College in Pune. Few Lessons which can be adopted as management principle are SWOT analysis, importance of Communication, Believe & value  your team, have a clear vision, leave the comfort zone and at last succession planning

  • SWOT analysis: in modern day management SWOT(strength, weakness, opportunities and threats) analysis plays a vital role. Before entering into any job, do a complete analysis of the situation and then get mentally prepared and then make a plan, analyse competitors SWOT and then act accordingly. When Hanuman entered Lanka the first thing he did was a complete study of Lankans assessed their strengths & weakness, threats & opportunities.
  • Importance of communication in constraints: Lack of Communication causes loss of focus and direction. Continuous guidance & direction through effective communication helps subordinates to march towards the predetermined goals of the organisation. This needs to be followed in congenial as well as adverse situation too. It was evidently observed in the kidnapping journey of Sita by Ravana when she purposefully dropped her belonging & jewellery at the regular intervals throughout the journey which gave Lord Rama the indication of right path.
  • Believe & value your subordinates: A manager is the one, who can get his work done even from the contenders. A manager pin your ears back to what his subordinates has to say and tries to hold onto them together especially when the organization needs them the most. In Ramayana, again and again Ravana has shown the signs of a bad manager, and hence led to the demise of his kingdom. From the starting itself he ignored the suggestions of his managers and got his kingdom in the state of war with Lord Ram. His mismanagement and not valuing his subordinates resulted Vibhishan (one of the wisest manager) leaving him amidst a crisis.
  • Have a clear Vision: Every leader needs to have a clear vision of what he is aiming for and what will it bear him in future. Rama’s clear vision was to release his wife Sita and rout the evil forces. This clarity about the intentions as well as the process enabled his army to put its heart and soul in the battle to release Sita. A foreseen vision will always be a motivating factor to focus on the goal and to not get deviated.
  • Leave your comfort zone: Marketing managers of today who travel through the vicinity to get a better first-hand feel of the customer’s pulse do a far better job of servicing the market. When Rama gets ordered to remain in the jungle for a period of fourteen years, Sita and Rama take it as an opportunity to engage with the ordinary citizens of their monarchy, rather than remaining confined to the contentment of their palace. This helps them to understand the ground realities better.
  • Succession Planning: A well-managed organization ensures that the career development plans of their top performers are directly linked to succession plans. Good leaders should invariably groom the managers under them and must make them aware of their succession planning. Dasaratha’s preparations to install Rama on Ayodhya ‘s throne turned into disarray, but one can never deny the existence of a simple succession plan. It is intended to ensure Governance consistency. Aside from being the eldest son, it helped; Rama was loved by all, and was therefore chosen to lead the kingdom after Dasarath. As per Kalidasa’s Raghuvansham, when the time comes to surrender his body. Rama divides it impartially between his two sons – Lava and Kusha.

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Blog By:

Amrita Karnawat

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