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February Issue

This is february issue

Divine Wisdom Pratyush

Divine Wisdom Pratyush Mishra Pratyush is a BBA undergrad at KUSOM. He is enthusiastic about bringing in new perspectives to the business world by exploring abstract ideas. mishrapratyush96@gmail.com Corporate Lessons from BHAGAVAD Gita Mahabharata and the Modern workplace The war of Mahabharata has given us different perspectives. However, it is seldom that we look at it from a managerial perspective. From that vista, it is can be seen that Mahabharata has a lot to offer to managers and to business in general than just serving as a Hindu spiel. Managers today count the strength in numbers rather than the quality of those numbers. Sure, the number of workers might boost the business and its production capacity but at a certain point of time, there seems to be a void of quality if all the number of workers are bringing is chaos and confusion. Lord Krishna, during the initial stage of Mahabharata, was unbiased. Duryodhana, paying heed to the sly tactics of his uncle, Shakuni, asked Lord Krishna for his army rather than him 14 Versatile | MARCH-CHAITRA 2018

Divine Wisdom and his wisdom. Lord Krishna couldn’t decline so the vast army of Lord Krishna was given to the Kauravas whereas Arjuna, being a true devotee asked nothing but Lord Krishna and his wisdom for the Pandavas. This decision that Arjuna took against the numbers and in favor of quality turned out to be climacteric as the war tilted in the favor of the Pandavas due to Lord Krishna. In line with the fundamentals of the economy, businesses should realize that adding input to a fixed resource, will increase output to only a certain extent, after which there will experience diminishing marginal returns. A single worker might not be able to produce much in a factory meant to efficiently operate with ten workers. However, adding twenty workers in the same factory might also prove to have a negative outcome as will confusion follow afterwards. The right way to go about things is to balance the quality of workers and the number of workers. Human Resource Department is lagging behind in the context of Nepal as many corporate houses are yet to realize its potential. Human resource management has a pivotal role to play in an organization by recruiting competent, skilled human capitals that can manage the workplace rather than just occupy space in it. This not only highlights the importance of the Human Resource department but also the role of the staffs in an organization. In line with the fundamentals of the economy, businesses should realize that adding input to a fixed resource, will increase output to only a certain extent, after which there will experience diminishing marginal returns. If the outcome of the war of Mahabharata and the events leading up to the war has been successful in showing anything, it is that the decisions a manager takes will reap its outcomes accordingly. This is not just to persuade managers to focus on the human resource but also to focus on the future while making decisions today. A startup might have different agendas than that of a stable corporation or an organization looking to retrench itself. A manager for a startup should look for ways to differentiate its product and for that the managers must be willing to invite innovation. If a firm is to retrench itself, it must try to do so but not losing the values that it has promised in the market. These are the kind of decisions that have to be foreseen. A manager might make mistakes if they’re overwhelmed with the task out of the blue. It is to say that managers like, Arjuna should always be on the lookout for change. Mahabharata may have long been over, but it still leaves plenty of room for thoughts even today. Undeniably, Krishna or Arjuna, either might have made great managers in the corporate world today judging by their strategic course of actions. However, it is for us all to learn from this historic war that any corporate individual with determination, skills and right decisions can create dynamic workplace and hence make himself known as a successful manager. Versatile | MARCH-CHAITRA 2018 15

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