Karma Capitalism
Has the Bhagavad Gita replaced Sun Tzu's Art of War as the canonical hip Eastern text for executives?
BusinessWeek highlights a new wrinkle in the world of business: the rise of 'Karma Capitalism'. Western business schools are introducing 'self-mastery' classes based on Indian techniques, and Indian-born strategists like C.K. Prahalad and Ram Charan hold sway as today's white-hot business gurus. As Prahalad says, the challenge is to develop a capitalism that "puts the individual at the center of the universe," placing employees and customers first so that they can benefit shareholders. A lofty goal, BusinessWeek observes. But if it is attained, business leaders may find that India's biggest impact on the global economy may be on the way executives think.
.............................................................................
Posted, in International, by Paul Reist on November 2, 2006 | Permalink
Comments
Interesting Post, "puts the individual at the center of the universe," Instead of Profit!!
Shilpa from Kothi.com
Property
Posted by: Shilpa Kapoor | February 14, 2009