Corporate Management Lessons from Mythology: Fundamental ingredients for PGDM/MBA qualification

At the Asian Business School (ABS), best PGDM/MBA college in Noida, we are constantly striving to impart management knowledge in innovative ways. We use case studies, skill-building activities like simulation games, live projects, industrial visit, exposure to workshops & conferences.

One of the greatest epics of Hindu Mythology is ‘Ramayana’. It is not just a story, but also served as a medium used in ancient times to promote the importance of doing your ‘Dharma’ (duty). In modern age we can adopt many corporate lessons from ‘Ramayana’ which are part of leadership, management and governance and can be learnt in the best PGDM/MBA college in Delhi NCR. Few Lessons which can be adopted as management principle are SWOT Analysis, Importance Of Communication, Belief & Value In  Your Team, Having A Clear Vision, Leaving The Comfort Zone, and Succession Planning.

• SWOT analysis: In modern day management, SWOT (Strength, Weakness, Opportunities & Threats) analysis plays a vital role. Before entering into any job, do a complete analysis of the situation and then get mentally prepared and then make a plan, analyze competitor’s SWOT and then act accordingly. When Hanuman entered Lanka, the first thing he did was a complete study of the Lankans and assessing their strengths, weakness, threats & opportunities.
• Importance of communication in constraints: Lack of Communication causes loss of focus and direction. Continuous guidance and direction through effective communication helps subordinates to march towards the predetermined goals of the organization. This needs to be followed in congenial as well as adverse situation too. This was evidently observed in the kidnapping journey of Sita by Ravana when she purposefully dropped her belongings and jewellery at the regular intervals throughout the journey which gave Lord Rama the indication of the right path.
• Believe & value your subordinates: A manager is the one who can get his work done even from the contenders. A manager pins your ears back to what his subordinates has to say and tries to hold onto them together especially when the organization needs them the most. In Ramayana, again and again, Ravana has shown the signs of a bad manager, and hence led to the demise of his kingdom. From the starting itself, he ignored the suggestions of his managers and got his kingdom in the state of war with Lord Ram. His mismanagement and not valuing his subordinates resulted in Vibhishan (one of the wisest manager) leaving him amidst a crisis.
• Have a clear Vision: Every leader needs to have a clear vision of what he is aiming for and what fruit will it bear him in future. Rama’s clear vision was to release his wife Sita and rout the evil forces. This clarity about the intentions as well as the process enabled his army to put its heart and soul in the battle to release Sita. Thus, a foreseen vision will always be a motivating factor to focus on the goal and to not get deviated.
• Leave your comfort zone: Marketing managers of today who travel through the vicinity to get a better first-hand feel of the customer’s pulse do a far better job of servicing the market. When Rama gets ordered to remain in the jungle for a period of fourteen years, Sita and Rama take it as an opportunity to engage with the ordinary citizens of their monarchy, rather than remaining confined to the contentment of their palace. This helps them to understand the ground realities better.
• Succession Planning: A well-managed organization ensures that the career development plans of their top performers are directly linked to the succession plans. Good leaders should invariably groom the managers under them and must make them aware of their succession planning. Dasaratha’s preparations to install Rama on Ayodhya‘s throne turned into disarray, but one can never deny the existence of a simple succession plan. It is intended to ensure Governance consistency. Aside from being the eldest son, it helped; Rama was loved by all, and was therefore chosen to lead the kingdom after Dasarath. As per Kalidasa’s Raghuvansham, when the time comes to surrender his body, Rama divides it impartially between his two sons – Lava and Kusha.

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