Managing by Dharma: Eternal Principles for Sustaining Profitability

This book combines the wisdom of ancient Hindu texts on dharma with modern research on management to provide a set of principles for business organizations to sustain profitability and act responsibly. It emphasizes the importance of a solid foundation in a rapidly changing environment and offers Dharma as a framework to evaluate and integrate ethical and financial goals.

Format: Paperback / softback
Length: 181 pages
Publication date: 16 March 2023
Publisher: Springer Nature Switzerland AG

This comprehensive book seamlessly blends the timeless wisdom found in ancient Hindu texts on the concept of dharma with cutting-edge research on management to unveil a set of principles that can profoundly assist business organizations in maintaining their profitability. In the wake of growing awareness among businesses of their responsibility to impact people, societies, and the environment positively, researchers are emphasizing the necessary changes that companies must embrace, with a particular focus on ethics and values.

The book posits that in a rapidly evolving world, a robust foundation is paramount to guide organizations toward success. Dharma, a profound set of principles that upholds the interconnectedness of things and sustains life, provides such a foundation. By leveraging the principles of Managing by Dharma, business researchers gain a valuable framework to seamlessly assess and harmonize the ethical and financial objectives of businesses.

The book delves into the profound significance of dharma in shaping the ethical and financial landscape of organizations. It explores how dharma principles can guide businesses in making decisions that align with their values, promote sustainability, and contribute to the well-being of society. Through case studies and practical examples, the book demonstrates how businesses can integrate dharma into their operations, fostering a culture of ethical conduct and long-term profitability.

Moreover, the book recognizes the challenges that businesses face in navigating the complex and interconnected world of today. It emphasizes the importance of adaptability, resilience, and ethical leadership in responding to these challenges. By adopting a Dharma-based management approach, businesses can cultivate a sense of purpose and meaning, which can inspire and motivate their employees, customers, and stakeholders.

In conclusion, this book offers a transformative perspective on management, blending ancient wisdom with contemporary research to provide a roadmap for sustainable business success. By embracing the principles of Dharma, businesses can achieve a harmonious balance between ethical and financial goals, contributing to the greater good and creating a positive impact on society.

Weight: 268g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030906719
Edition number: 1st ed. 2022