DR.

HARI SINGH GOUR CENTRAL

UNIVERSITY

DEPARTMENT OF BUSINESS MANAGEMENT

SESSION­2019­20
VEDAS & MODERN BUSINESS MANAGEMENT
PRACTICES

Submitted to : Presentation By:

Dr.Anil kumar kashyap Arvind Saini
Himanshu Pandey
Ruchi Chourasiya
Subhi nayak
 CONTENTS
 What are Vedas and their types.
 How to implement it, in modern business management
practices.
 Various aspects of management.

 Vedic personality pyramid.

 Vedic division of Labor.

 Vedic management structure.

 Total quality management.

 Benchmarking.

 Kaizen.

 Conclusion.

 References.
 WHAT ARE VEDAS & THEIR TYPES
 Veda is a Sanskrit word from the root, vid meaning “to
know”. Thus, veda means “knowledge” or “wisdom”.
 The Vedas are the most ancient Hindu and yogic texts.

 The Vedas are a collection of teachings, hymns, rituals,

and poems.
 The four Vedas are:
 VARIOUS ASPECTS OF MANAGEMENT
 Financial management:
The Vedas repeatedly call upon everyone to earn and maximize
“wealth”.
• One shall have prosperity.
• Oblations are offered to prosperity.
• Every man prays for wealth.

 Vedas mention about two types of wealth;

1. Prevalent wealth : “Vittam” {wealth that is already earned}.
2. Potential wealth : “Vedyam” {wealth to be earned hereafter}.

The Vedas contain reference to the following metals:

Bronze/Iron (Ayas), Iron (Syama), Gold (Suvarna), Tin (Trapu)
Silver (Rajata), Copper(Loha), Lead(Sisa)…
 Profitability management:
The Vedas declare that profits shall be earned only through fair
means.
 Capital structure Planning:

The Vedas emphasize that one shall clear all debts.

They restrain taking debts from one tainted with sins.
 Knowledge management:

It is a challenging task to understand the real sources of knowledge.

They are being given a lot of recognition like participation in the top
management.
There are three knowledge factors to take place:
Prameya representing the object to be known.
Pramata denting the knower of the object.
Pramana indicating the means of knowledge.
 PERSONALITY MANAGEMENT
 The predominant characteristic of one’s personality have five
types of personality traits, based on Vedic concept of “Panca
kosa”(Five sheaths):

Table:1 Vedic personality management

S.No. Personality Type Meaning

1. Annamaya •Physical
•Materialistic
2. Pranamaya •Energetic
•Action-oriented
3. Manomaya •Emotional
•Sentimental
4. Vijnamaya •Intellectual
•Judgmental
5. Anadamaya •Creative
•Visionary
 VEDIC DIVISION OF LABOR
S.No. Varna Type of Labor Predominant Coupled with
quality

1. Brahmana Planning  Satvic  Rajas

Advisory services  Tamas
Consulting

2. Kastriya  Administration  Rajasic  Satva

Execution  Tamas
Governance

3. Vaisya Trade  Rajasic  Tamas

Business  Satva
Commerce

4. Sudra Service  Tamasic  Rajas

Physical labor  Satva
 VEDIC MANAGEMENT STRUCTURE

S.No. Asrama Meaning

1. Brahamchari Management Trainee

2. Grhastha Manager

3. Vanprastha Director

4. Sanyasi Management Consultant

 BENCHMARKING
The process of finding the best available product features,
processes and services for improving company’s own
products, processes and services:

 Only good practices of others are to evaluated.

 One shall wish to be eldest, the best, the effulgent and

sovereign.

 Only those actions that are free from blemishes are to be

done and not others.
 KAIZEN
 It means continuous improvement :
[the never ending search for perfection].

 It is the Japanese technique for quality concept to make

more innovative things.

 It can be use anywhere, anytime, to check the quality of

particular entity.

 To improve the rites with new performance.