The romanticism of management for numbers, metrics and deterministic models driven by mathematics, is
not new. It still exists. This is exactly the problem which classical physicists had in the late 19th century until
Werner Heisenberg brought the uncertainty principle and opened the doors of quantum physics that
challenged the deterministic view of the physical world mostly driven by the Newtonian view. In this paper,
we propose an uncertainty principle of management and then list a set of factors which capture this
uncertainty quite well and arrive at a new view of scientific management thought. The new view which we
call as the Quantum view of Management (QVM) will be based on the major tenets from the ancient
philosophical traditions viz., Jainism, Taoism, Advaita Vedanta, Buddhism, Greek philosophers (like
Hereclitus) etc.
Structural Indicators and the Fiscal Uncertainty Principle
