The Impact of Dharma on Management PhilosophyA Comparative Study of Vishnu Smriti and Contemporary Corporate Thinking

Purpose: Management philosophy acts as a foundation for business by defining its vision, mission, and purpose and by providing guidelines for its operations. For centuries, Indian ethos has encouraged socially beneficial corporate behavior by invoking the concept of dharma. Using a historical analysis research design, this paper attempts to measure the impact of dharma on management philosophy of modern companies. Methodology: The paper uses a historical analysis research design. The paper specifies the ideal from Vishnu Smriti, a Dharmasastra text of ancient India. The contemporary management thinking is studied by analyzing the management philosophy statements of the fifty corporations comprising the NIFTY index in India. Several data analytics techniques like correlation analysis, association analysis and path analysis, have been used to measure that the impact of dharma on management philosophy. Findings: The study reveals that the impact of dharma on the management philosophy modern corporations is not so strong. The results of correlation analysis, association analysis and path analysis all showed that impact of dharma on the management philosophy of the NIFTY indexed companies is not upto the expected ideal. Practical implications: As the impact of dharma on the management philosophy of modern corporations is not strong, it is necessary for managers to understand the values guidelines provided in dharmashastra texts to develop their vision and mission statements. Such guidelines from Vishnu Smriti include treating employees and customers with respect and cultivate environmentally sustainable management practices. Originality: The originality of the paper arises from its ability to integrate the philosophy of Indian ethos in contemporary management thinking and measuring the same using well known statistical techniques.

A CONTEXT WIDE REVIEW ON BUILDING TRUST THROUGH DIGITAL APPROACHES

Common to the construction industry, distinct parties of different backgrounds and disciplines were assembled to complete a project. Despite being unfamiliar and sharing little in common except the project’s goal, this ad-hoc syndicate was expected to effectively communicate the expectation of the project’s stakeholders. While it was possible for project parties to get along and gradually form an effective relationship, contrasting interests and values were the norms, which resulted in conflicting attitudes and behaviour. Among the most critical constituents of a successful relationship, trust was identified as the fundamental building block to allay conflict or cushioning its impacts it. Through advancements in project management thinking in recent times were able to offer pragmatic solutions to relationship issues in construction, it appeared that digital transformation was not widely inculcated in the approaches. Against this backdrop, this paper aimed to gain insightful disclosure on digital development that promotes and accelerates trust-building in different contexts. This is methodically carried out by identifying and reviewing 100 pieces of relevant literature from the Scopus database, followed by deductive content analysis to observe the interplay between digital development and trust in a wider context. The analyses revealed two types of digital approaches having bright prospects for infusion in construction which are Gamification and Virtual Reality (VR). The outcome from this analysis provides the much-needed departing point for humanizing digital development in construction and signifies a paradigm shift in dealing with trust issues in construction.

An Introduction and Analysis of Zeng Shiqiang’s Management Thinking: A Balanced View on Promotion

Chinese style management is considered to be a kind of a culture which has gained its popularity influenced by Chinese culture and custom with a long period of time. The Chinese style promotion is considered to be one of the important factors in Chinese style management. This paper is to introduce and analyze Professor Zeng Shiqiang’s Chinese management thinking on the promotion, and the corresponding strategies both for the managing leader and the subordinate on how to succeed in it.

Research on the Humanization of Teaching Management in Normal University

There are many problems in the humanized teaching management of normal universities. For example, students do not actively participate in the management and planning of their own university and career, teachers pay too much attention to traditional authority and have a sense of distance from students, the bureaucracy of the management department is serious, and management thinking is backward. The management process does not reflect the humanistic feelings, the teaching plans and teaching evaluation methods formulated by the school remain unchanged, the school’s teaching resources are unevenly distributed, and the campus culture construction lacks the humanistic spirit. In response to these current conditions, the author puts forward relevant suggestions from four aspects: students, teachers, schools, and management personnel. I hope that as a member of the school and participants in the construction of humanized teaching management, they can actively perform their own responsibilities and clarify their own positioning. In the end, it is hoped that the school’s teaching management can be people-oriented and enhance the school’s cohesion and centripetal force.

Rethinking Management of the 21st Century: Аn Approach to Contemporary Business Education

This paper is addressing the issues of modern management thinking which became one of the most critical tasks in contemporary business education. Such thinking must reflect all major changes and challenges in science, technology, economy, politics, culture, and society which took place within the first two decades of the 21st century and especially now in the times of pandemic crisis. It is very important not only in terms of analysis but also as an explanation of the patterns of business and management behavior. It became the topic of serious scientific debate of the most prominent business researchers and consultants. The purpose of the article is to develop the methodological approach for further research of modern management and suggest the conceptual model which could structure the analysis of contemporary business reality. The author suggests the conceptual model for further research which could explain the essence of new management revolution. Such open model could be added and interpreted and is already applied in different educational programs in Russia.

Managerial Thinking in a New Reality

The passing year 2020 has turned over a lot in society, economics and business, human behaviour and consciousness. Within a brief period, due to the pandemic situation, we found ourselves in a new reality. Still, we are trying to understand the changes that occurred and how to manage different processes effectively. But even more important is where all these processes will bring us. This very difficult period in human development took place in a completely different economy of impressions, information, knowledge and intelligence. In the framework of the large scale, overwhelming, and promising (however, somewhat controversial) Industry 4.0, we see the development and digital transformation that changed management and managerial thinking. The new fight for human consciousness has extended; methods and techniques of neuro-management, neuromarketing, and artificial intelligence are widely used. The consciousness became the object of influence and manipulation, the key topic in business and politics. This article focuses on several problems of a new quality of management thinking. It suggests and explains the essence and the necessity of hyper thinking as one of the most suitable and valuable approaches to understand and analyze the new contemporary reality and the ongoing processes and approach to education.

Words and Silence in Job Mentoring

Today, economic sustainability is a social priority and it implies positive, rewarding, and creative relationships in the workplace. Creativity, innovation, and subjective welfare will remain extremely important for sustainable production models in an age of technological acceleration, ecological threats, and digital globalization. With the impact of the COVID-19 pandemic and the new ways to organize work, this is even more important. The basis for this is to be found in education, especially in secondary and higher education. Good mentoring is becoming essential in professional development; this activity is based on words and silence, using corporate and individual coaching tools to open new doors of creativity. Following Peter Drucker’s (1954) work in management thinking and the approach of positive psychologists, this paper presents a new concept of sustainable working relationships for the 21st century based on words and narratives.