This presentation traces the history of management thought in terms of its transition from Science in Management to Spirituality in Management. It also suggests paradigm shifts in management theory from MBO to MBHO (Management By Higher Objectives) and HOPE(Higher Order Purpose of Existence).

1. Spirituality in Management :
Implications for Management Education in India*
Dr. Subhash Sharma
Director, Indus Business Academy (IBA), Bangalore
* Address at the Vaicharik Kumbh on Science and
Spirituality, Feb. 13, 2016
(C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
12-14, 2016

2. Why Spirituality in Management?
Journey of Management Thought during last
100 years:
From Science in Management (SIM)
To Spirituality in Management (SIM)
To Science & Spirituality in Management
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3. Emergence of a New World & Its Impact on
Management Thought, Theory and Practice
Emergence of a New World through Four Revolutions
Industrial Services Cyber Consciousness
Revolution Revolution Revolution Revolution
(I) (II) (III) (IV)*
*New Consciousness: Well being, Stress, Environmental issues, Gender
issues, Social entrepreneurship, Spiritual & Social Responsibility of
Corporations (SSRC), Ethics in Business, Yoga, Meditation & Spirituality
(YMS) etc.
(C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
12-14, 2016

4. Four Eras of Management Thought:
Changing Ideas in Management
(C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
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‘Scientific’ Human Side in Ethics & Values New Consciousness
Management Management
1900 1960s 1990s 2010
(I) (II) (III) (IV)

5. Spirituality in Management:
Towards a New Framework ‘Harmonic Globalization’
Four Lions Framework
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6. Four Lions Framework as Four Forces
Framework
Four Lions as Four Forces
• 1. Force of Market
• 2. Force of State
• 3. Force of People/ Grassroots/ Capillary action
• 4. Force of Self
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7. Four Forces Swastika Model
Four Forces Swastika Model
Market
Self
State
People/ Grassroots/ Capillary action
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12-14, 2016

8. Market - State - Soil & Soul
MarketState
Soil
Soul
Vertical axis is also represented by thoughts of Gandhi and Vivekananda
representing Soil and Soul (C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
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9. Soil-Soul Axis
Green: Soil
White: Humanity
Saffron: Soul
Chakra: “Collective energy for collective development*”
Indian Flag represents the vertical axis in the concept of Harmonic Globalization for
Global Development
* ‘Sabka saath sabka vikas’ as articulated by our Prime Minister, Shri Narendra Modi
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10. Global Village as World Matrix
Harmonic Globalization Swastika: Market, State, People, Self
Region Religion Rural Urban
Nationality
Class
Community
Categories
Gender
Spirituality provides an overarching framework to moderate dialectical
intensities
(C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
12-14, 2016

11. Towards A New Corporate Model In Global Village
Market
Society
Self/ Spirituality
Profit
CSR
Good Governance
New Corporate
Model
Concern For Humanity (CFH): HOPE - Higher Order Purpose of Existence
Wellness, Work life balance, Gender issues , Environmental concerns, , Psycho-spiritual advancement
…
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12. A Closer Look at the Hidden Lion:
Levels of Self
Selfish Gene Self interest Self actualization Self ethicalization/ Self realization/
Self saffronization Self spiritualization
(I) (II) (III) (IV) (V)
(Biology) (Economics) (Psychology) (Ethics) (Spirituality)
Dawkins Adam Smith Maslow Gandhi Swami Vivekananda ,
& others Ramanmahrshi
& others
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13. Paradigm Shifts in Management
Thought
MBO MBHO HOPE
Management By Management By HOPE: Higher Order
Objectives Higher Objectives Purpose of Existence
(Ethics & Values) (Spirituality in Management )
Management by
Higher Consciousness
Roots in (I), (II), (III) Roots in level (IV) Roots in level (V)
Levels of Self of Self of Self
2oth century 21st century
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12-14, 2016

14. Essence of Spirituality in
Management: Towards WISE Model
From Smart to Wise (Prasda Kaipa, 2013)
A New Definition of WISE:
Well being, Inclusive, Sustainable, Ethical
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12-14, 2016

15. WISE Development, WISE Leadership
& WISE Management
‘Collective energy for collective development’
(Sabka saath sabka vikas, PM Narendra Modi)
WISE: Well being, Inclusive, Sustainable, Ethical
Towards WISE Development of India and the World
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16. Implications for B Schools:
From B School to C School
• For WISE Development, WISE Leadership and WISE Management,
we need C-Schools
• C School: Consciousness based Schools
Essence of C School
“Management & Leadership by Higher Consciousness/ WISE
Consciousness”
Experiments at
1. Women’s Institute for Studies in Development Oriented
Management (WISDOM) at Banasthali University, Rajasthan
2. Indus Business Academy (IBA), Bangalore & Greater Noida
3. Yoga & Management Division, SVYASA, Bangalore
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17. Towards 21st Century CEOs
20th Century CEO 21st Century CEO
C: Competition C: Creative
E: Efficiency E: Enlightened
O: Objectives O: Organic
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18. Towards Holistic Model of Management
Education: CH3 Model as a New Vision of
Education
CH3: Consciousness, Head, Heart and Hand
Consciousness
Head
Hand Hand
Heart
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19. Further details
• Sharma Subhash (1996), Management in New Age: Western
Windows Eastern Doors, New Age International Publishers, New
Delhi
• Sharma Subhash (2007), New Mantras in Corporate Corridors: From
Ancient Roots to Global Routes, New Age International Publishers,
New Delhi
• Sharma Subhash (2012), New Earth Sastra: Towards Holistic
Development & Management (HDM), IBA Publications, Bangalore
• Sharma Subhash (2016), New Ideas in Strategic Thinking &
Management, New Age International Publishers, New Delhi
• Sharma Subhash & Michael Zirkler (2016), From the Edge of Chaos:
Dialogues Amongst Social Theory & Practice, IBA Publications,
Bangalore
(C) SS_IBA_Vaicharik_Kumbh_Bhopal_ Feb.
12-14, 2016