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IBA Journal of Management & Leadership July-December 2010 – Volume-2 – Issue-1 ISSN 2230 - 7524 3D... IBA JoUrnal of Management & leaderShIp Theme: Consciousness and Leadership Guest Editor Sangeetha Menon National Institute of Advanced Studies, Bangalore Co-editor Subhash Sharma Indus Business Academy, Bangalore INDUS BUSINESS ACADEMY • BANGALORE • GREATER NOIDA 3D... IBA Journal of Management & Leadership Publisher IBA Publications IBA Campus Lakshmipura, Thataguni Post Kanakpura Main Road Bangalore 560 062 Printed at Sadguru Screens Subscription IBA Journal of Management & Leadership is published twice a year. Annual subscription: Rs 400/- © Copyright with IBA. No part of the publication may be reproduced in any form without prior permission from the editor of the journal. However, the views expressed in the papers are those of the authors and not of the Editorial Board or Publisher. EDITORIAL BOARD Editor Pravir Malik President, Aurosoorya, San Francisco, USA Subhash Sharma Director, Indus Business Academy, Bangalore R.K. Gupta Professor, Management Development Institute, Associate Editor Gurgoan Divya Kirti Gupta R.D. Pathak Associate Professor, Professor, School of Management and Public Indus Business Academy, Greater Noida Administration, University of South Pacific, SUVA, FIJI Island Members R.S. Deshpande Ananta Giri Director, Institute of Social and Economic Change, Professor, Madras Institute of Bangalore Development Studies, Chennai R. Sampath Arvind Singhal Director, Quanta Consulting Inc., Los Angeles, USA Samuel Shirley and Edna Holt Marston Endowed Professor and Director, Sam Donaldson Centre for Sangeetha Menon Communication Studies, Department of Communication, Professor, National Institute of Advanced Studies, University of Texas @El Paso, El Paso, USA Bangalore Atanu Ghosh Siddharth Shastri Professor, Shailesh J. Mehta School of Management, Dean, Women’s Institute for Studies in IIT, Bombay and Visiting Professor, Indian Institute of Development Oriented Management (WISDOM), Management, Ahmedabad Banasthali University, Banasthali Brajaraj Mohanty Sorab Sadri Professor, Xavier Institute of Management, Director, Abhijit Kadam Institute of Bhubaneswar Management & Social Sciences, Bharati Vidyapith University, Solapur Gopal Mahapatra Director, Organization & Talent Development, Oracle India Pvt. Ltd, Bangalore K.B. Akhilesh Professor, Department of Management Studies, Indian Institute of Science, Bangalore Vol:2 n Issue:1 n January-June 2010 1 Consciousness and Leadership: An Introduction and Invitation to Our Special Issue During recent years the idea of ‘Spirituality-in- Management’ has acquired intellectual acceptance. In fact the broader field of ‘Consciousness Studies’ is now influencing the various disciplines of social sciences such as Psychology, Sociology, Political Science and Economics. New issues such as Gender issues, Environmental issues, Social Responsibility and Ethical issues etc. have also made it imperative to view decision making in social, economic and political contexts from the perspectives of higher consciousness. Consciousness Studies are also influencing the discipline of Management and Leadership as a need is being felt to evolve new forms of Organizations that operate from higher levels of consciousness. Gustavsson (2001) refers to them as ‘Transcendent Organizations’ driven by collective consciousness. As a result Management and Leadership concepts are changing. There is a shift from Peter Drucker’s MBO - Management By Objective approach to Management & Leadership to MBHO – Management By Higher Objectives (Sharma, 2007) approach because Higher Consciousness leads to Higher Objectives. The present special issue of our journal provides some contours of ‘higher consciousness’ oriented new thinking in Management and Leadership. Indian epic, Mahabharata is the story of decision making from higher consciousness. In the opening essay, Dharma in Mahabharata: Values for Management and Leadership, Swami Bodhananda, a leading spiritual guru whose work is widely known in the field of ‘Indian Management’, argues the need for bringing the Dharma and thereby higher consciousness dimension in visioning, envisioning, decision making and problem solving in all spheres of human activity. In the next article, Being and Well Being in Upanishadic Literature, Sangeetha Menon connects the idea of consciousness with well being. In organization context it implies overall well being of an organization. In next article, Divinity Quotient (DQ) and OSHE Philosophy of Management and Leadership, Subhash Sharma presents OSHE (Oneness, Spiritual, Humanistic, Existential) model of ‘wisdom leadership’ to bring organizations to higher levels of consciousness. In the subsequent article, Women Empowerment and the Collective Consciousness: Towards A New Model of Women Empowerment and Leadership, Farah Naqvi presents Parachute model of women empowerment and leadership. In next article, The Bhagvad Gita – Management Model Empowers Corporates and Society, G. Surya Prakash 2 3D... IBA Journal of Management & Leadership Rao and Madhusudhan Prasad Varanasi suggest the Bhagvad Gita Management Model and provide some empirical evidence for the same. Following Rao and Varanasi, Nisigandha Bhuyan highlights the importance of Character of the Leader for Organizational Integrity. She highlights the importance of social concerns and other dimensions of higher consciousness in the context of management and leadership. In next article, C.S. Sowmya presents a new leadership paradigm in the form of VICHAR (Value, Influence, Compensation, Harmony, Authenticity, Receptivity) model of leadership as an extension of VICAR model. In the next article, Hema D explores the theme of Good Governance Models from Ancient India and Their Contemporary Relevance. As ancient models were rooted in higher consciousness, they provide some new lessons for good corporate governance. In next article, Towards Excellence and Sustainability: An Intellectual Journey from Core Competence to Competitive Advantage, Jayshree Sadri and Bijoy Guha take us through a journey of the ideas of core competence and competitive advantage in the context of excellence and sustainability. This is followed by a case study by Suresh Maruthi on Strategic Response in Market Environment: An Examination Across Forms. Subsequent articles in this volume continue the theme of consciousness and leadership through explorations of some new aspects of leadership. Ipshita Bansal in her article, Leadership Lessons from Nature: A Cosmic Perspective provides us seven forces model of leadership based on seven cosmic entities. In next article, From Freud to Fanna and Shunya: Quantum States of Mind as Foundation for ‘Atmo’-Sphere Model of Leadership, Subhash Sharma presents a new framework of quantum states of mind and thereby suggests ‘atmo’- sphere model of leadership as a new model of management and leadership. In subsequent article, Neelima Bhatt presents her article on Evolving the Feminine: Lessons in Self- Leadership and Self-Management from Women in Mahabharata. Evolving the Feminine also has a linkage with Subhash Sharma’s OSHE Philosophy presented earlier in this volume. This volume concludes with a new vision of ‘Indian Management and Leadership’ rooted in ‘Higher Consciousness’ by Swami Bodhananda. Book review section carries reviews of two books viz. 1. Management and Mahabharata, R. Narayanan and Swami Bodhananda, Review by P.N. Subramanian 2. Shunya Poems: My Experiments with Corporate Rhymes, Subhash Sharma Reviews by Neetu Jain, Pratima Verma, Farah Naqvi, Gauri Anand, Shruti Naik and Pallavi Sharda We hope this volume will be useful to those who are interested to expand the field of ‘Consciousness Studies and Management’. Sangeetha Menon Guest Editor Subhash Sharma Co-editor Vol:2 n Issue:1 n January-June 2010 3 Contributors • Swami Bodhananda is Chairman, Sambodh Foundation, New Delhi, e-mail: [email protected] • Sangeetha Menon is Professor, National Institute of Advanced Studies, Bangalore, e-mail: [email protected] • Subhash Sharma is Director, Indus Business Academy, Bangalore, e-mail: [email protected] • Farah Naqvi is Assistant Professor, Indus Business Academy, Greater Noida e-mail: [email protected] • G. Surya Prakash Rao is Associate Professor, St. Augustine PGC - Osmania University, Hyderabad, e-mail: [email protected] • Madhusudhan Prasad Varanasi is Associate Professor, School of Management Studies, Jawaharlal Nehru Technological University Hyderabad, Hyderabad, e-mail: [email protected] • Nisigandha Bhuyan is Assistant Professor, Indian Institute of Management Calcutta, Kolkatta, e-mail: [email protected] • C.S. Sowmya is Assistant Professor, Indus Business Academy, Bangalore, e-mail: [email protected] • Hema D. is Assistant Professor, Indus Business Academy, Bangalore, e-mail: [email protected] • Jayshree Sadri is Senior Management Consultant and Visiting Professor of HR at B Schools in Pune, e-mail: [email protected] • Bijoy Guha is Senior Management Consultant and Visiting Professor of Business Strategy at B Schools in Pune, e-mail: [email protected] • Suresh Maruthi is Fellow, The Energy and Resources Institute (TERI), Bangalore, e-mail: [email protected] • Ipshita Bansal is Professor, Women’s Institute for Studies in Development Oriented Management (WISDOM), Banasthali University, Banasthali, e-mail: [email protected] • Nilima Bhatt is with Sampurnah, Bangalore, e-mail: [email protected] • P.N. Subramanian is Chief Executive, Bodhananda
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