Importance Of Modern Management

957 Words4 Pages
Keywords: Servant Leadership, Transformational Leadership, Level 5 Leadership, inspirational motivation, idealized influence, intellectual stimulation, Relevance to modern Management.
Introduction:
India has a long and distinguished history of civilization, literature, spirituality, knowledge and values recognized by the world. Ancient Indian scriptures and Vedic literature contain priceless nuggets of wisdom for the sincere seeker. This wisdom is not dated and after more than five millennia still holds relevance and applicability in the context of the modern world as it did in the era that it was scripted. The Vedas, Upanishads and classics like Ramayana and Mahabharatha are repositories of knowledge and wisdom packed with lessons for mankind irrespective of the passage of time and the innumerable changes the world has gone through.
Management as a concept has fascinated the thinkers of the world for a long time. It has evolved with the times and continues to occupy an exalted place in the list of prerequisites for success in life, personal or professional. Management has always been mostly considered a western concept, practiced and perfected in the western business world. While western management thinkers and practitioners have given major contributions to the management thought, the contributions from the earliest seats of wisdom and civilization, the eastern world, have largely been overlooked. Olden civilizations like China and Japan had developed distinct paths in
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