Author: Industry Insider

Indian Mythology in Modern Business Management is evident in today's business transactions across the world. What is business? Is it not an exchange of valuable things? A sort of ‘barter system’ practiced from ancient days of yore? In the ancient times, Indians used to do Yagnas (rituals) to please Devtas (Gods). In his book titled ‘Business Sutra’, famed story teller and interpreter of ancient Indian scriptures, Devdutt Pattanaik tries to relate myths and rituals to modern-day business practices. “The yajaman initiates this ritual, makes offerings into agni (fire burning in the altar), exclaiming, 'svaha' (this of me I offer), hoping to please his chosen deity or devta, who will then hopefully give him whatever he desires, exclaiming 'tathastu' (so it shall be)”. In today’s modern day management scenario, a corporate or an entrepreneur business venture can be interpreted as an ‘agni-kunth’ where the founder invests his money, time and energies. These tangible

Prevention is always been better than cure. This is a simple idea. Yet many young managers under uses a lot of their productive hours in trying to find solutions to problems that could have been avoided in the first place, had they took this simple idea to heart - the best form of problem solving is to avoid problems altogether. It's always better and wiser to create systems that avoid fire than having one and fighting it in the first place. In today's economic climate, a young manager cannot afford to limit the usage of time, manpower and other management resources on situations that can be prevented in the first place, instead it is more important than ever he strives to cultivate a happy, and in turn, a healthy workforce with the right kind of good management practices. Managing people as the situation

"When you educate a man, you educate an individual; when you educate a woman you educate a whole family." - Mac IverWhile gender differences still exist in professional study choices, women worldwide are demonstrating their intellectual ability and are approaching the levels of men in educational attainment. This shift in the academic dynamics and socio-economic scenarios is more prevalent in the rising economies like that of India's. There seems to be increasing awareness among the women in India about education being their ticket out of economic and social vulnerability. Even though, due to the dearth of female candidates in the engineering and technology disciplines, the entry of female students into IIMs have dropped this year; the All India Survey of Higher Education 2016-17 bears proof that not only the participation of women in higher education enrollment statistics has increased sharply over the

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