Numerous developments have taken place in the field of management
in the last century and the present millennium from the perspective
of both theory and practice. These developments have not only
shown its impact on the economy of nations, technology and
business organizations but also on the world society and human
psyche. Whether the impact is positive or negative is a subject
of debate. But one thing that is apparent is that this field
is constantly evolving and more and more dimensions are added
to it by management thinkers on continuous basis. The field
of management is highly practical in nature and that makes
it prone to highest level of scrutiny. Theories are accepted
and rejected on the basis of its practical utility in short
term or long term.
If we look back at most of the modern management theories,
one inherent fallacy that can easily be observed is that they
have been developed with the mindset that profits are more
important than the human beings. Profit or any other factor
can never supersede the human factor and that is a reality.
Ignoring the human factor can never lead to long term survival
of not only a management theory but also business organizations
and even nations. Modern day economists have based their theories
on the assumption that there are limited resources and unlimited
human needs. By assuming that human beings have unlimited
needs is in one way degrading the human beings. All human
beings have limited needs like food, water, clothes and shelter
and rest all other things come under desire and not needs.
Desires are endless and needs are limited. Control over desires
take human beings to the higher level of evolution and pursuance
of more and more desires degrade human beings to the animal
level. Moreover the nature has given enough resources to fulfill
the needs of all human beings but when it comes to desire
there always will be scarcity. Mahatama Gandhi had once said
that this earth is too big to take care of all human beings
but is too small for the greed of people.
Now the time has come to come out of the reverse thinking
process that prevailed for last so many decades where a myopic
view of pursuing self-interest at any cost was the core theme
of management and economic thinking process. Fragmentation
has to be get away with integration. This whole world is interconnected
and the basis of all thinking process should be the holistic
development of all the human beings of this earth. Sacrificing
element should enter into the thought process rather than
the self-interest. Materialistic pleasures have no end and
it leads people into vicious circle. Self-management is more
important today than managing machines, technology, and business
organizations. In ancient Indian wisdom and spirituality,
self-management has been given utmost importance because to
manage the outside world it is imperative to manage self first.
With the above thoughts at the back of the mind, School of
Management Sciences has taken a novel initiative to add a
new dimension into the management thinking by starting a bi-annual
journal ‘Purushartha’. The Journal ‘Purushartha’
has been started with an objective to focus primarily on:
• Blending of ancient Indian management thoughts
with the modern management principles
• Business
ethics
• Values
• Indian spirituality
for modern business
It is strongly felt that there are many unexplored dimensions
and fewer researches have been done on the above subjects.
Through this journal an effort has been made to explore those
dimensions for enriching the modern management science. It
is worth mentioning that our effort through this journal for
blending ancient Indian wisdom, ethics, values and spirituality
with modern management thoughts primarily derived from West
is being appreciated by the academia and industry as well.
We hope that through the support of all of you we will be
able to achieve our objectives. We solicit suggestion and
advice from all of you for improving the quality of the journal.
Sandeep Singh
(Executive Editor)
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