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Management Lessons fromIndian Epics

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Key Management Insights

Effective utilization

of human

resources

Duryodhana

He is a fool that

practises truth

without knowing

the difference

between truth

and falsehood.

Krishna

Discontent

is the root

of fortune.

Once Rama

gives his

word, that is

final and it is

kept at any cost.

Insight2

Insight1

Insight3

Learn from

Mistakes

Make

alliances

Appropriate

leadership

Insight4

Insight5

Making right

choice

Insight6

Code of Ethics

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Insight 1: Learn from Mistakes

Utilized the time to develop

skills

Arjuna acquired divyastras

from Indra & Pashupatastra

from Shiva Bhima sought blessings and

learnt humility from Hanuman

Yudhishtra learnt teachings

from various rishis

Yudhishtra became adept at

dice game

Yudhishtra was

indecisive during

dice game

Lost their kingdomand wealth

Bhima was conceited

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Centralized power system

No initiative to form newalliances

Stuck to old alliances at far off

places

Powerful alliances throughout

the country

Panchala through marriage

with Draupadi

Dwaraka through marriage of

Arjuna & Subhadra

Magadh through marriage of

Sahadev & Vijaya

Kasi through marriage of Bhima

& balandhara

Pandavas

K

auravas

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Insight 2: Make Alliances

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Kauravas had.. while the Pandavas had

A single military leader at a time

Bhishma, Drona, Karna etc

More time needed to execute

decisions

Distributed leadership structure

Each aukshohini had a separate

commander

Shared sense of responsibility

Adapt quickly to changing

circumstances

Enhances teamwork

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Insight 3: Appropriate Leadership

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Power of

Wisdom

Pandavas chose

Krishna over

huge Army

Effective

management

Good manager

can do more

wonders than

thousand

workers

Utilization of

scarce

resource

Choose the

right man for

right occasion

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Insight 4: Right Choice

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Strategy

One team.

One goal

Involve all

in decisionmaking

Know the

weakness of

your enemy

Take calculatedrisks

Abhimanyu

entered enemyregion knowing

he cant come

back safe

Contact with

various strataof people

gives the right

insight of life

Practical outlook

Team Spirit

Commitment

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Insight 5: Proper Utilization ofHuman Resources

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Ramayana

Rama followed Kshatriya Dharma

whatever the circumstances

He did not attack when Ravana he

was unarmed

He allowed Ravana to go back and

bring his weapons

Management

Companies should always adhere to

their Code of Ethics

Organizations should encourage their

employees to follow ethical practices

whatever the circumstances

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Insight 6: Code of Ethics