Vedanta study–a flexible & holistic approach for managing knowledge through indian scriptures for a new global business model

Abstract

Managing ‘KNOWLEDGE’ has always been a major challenge in modern day organizations, especially now when the current global business environment is turbulent as well as unpredictable. The study of ‘VEDANTA'acquiring ultimate knowledge through the study of Indian Vedic literature provides a flexible and a holistic solution to this Global challenge. Vedic scriptures written in Sanskrit language are a vast source of KNOWLEDGE pertaining to Science and Technology and other fields such as Metallurgy, Bio-Technology, Genetic Technology and Spiritual Science etc. Western countries realised the tremendous importance of this wealth of knowledge available in the Vedic scriptures and translated the same into English language from Sanskrit for better understanding. These countries, having gained knowledge about science and technology, then applied the same for their research programmes successfully in various fields to make modern day lives comfortable and prosperous. This business model was made from purely materialistic point of view. The spiritual science aspect was not included in the business model. Integrating Vedic Spiritual Science with the modern technologies and innovations is likely to bring more peace, prosperity, progress, productivity and happiness (P4H) in any organisation. Further, for the enhancement of Global Business, it is proposed to incorporate a new Business Model by synthesizing materialistic aspects as well as spiritual aspects based on the Strategic Flexibility Model of Flowing Stream Strategy (FSS.