People and Management February 2019 | Page 27

www.peopleandmanagement.com The Triple Bottom line of People, Planet and Profi ts has attempted to widen this scope. The Balanced Scorecard approach has defi nitely attempted to build the necessary foundation of customer, innovation and people practices to achieve that goal. 1. Process v/s Principles: While the modern approach is process-driven, which essentially eliminates the dependence on a person; the eternal approach is focused on the ‘whole’ person. The whole person takes into the account, not just the limbs and mind, but also the heart and spirit of the person. This ‘whole’ person empowers oneself to contribute better and automatically move up the value chain. The whole person manifests the principle of “Aham Brahmasmi” – I am divine viz complete. This whole person can determine which processes need to stay, which need to get redefi ned and which new processes should be designed. The modern approach developed with an aim to increase productivity and effi ciency – to get more out of less. This is a scientifi c approach, borne out of the shop fl oor. The eternal system, no less scientifi c, evolved out of nature – through studying the daily phenomena occurring in the factory of the universe. This magic is unfailing and relentless – this is made up of a countless number of major and minor mechanisations. When used as a teacher, Nature becomes a supporting force viz. when we simply replicate the actions of Nature, we are assured of least resistance – after all Nature’s principles are unchanging and permanently “fruitful”, whether rotations and revolutions of celestial bodies or gravitational forces of these bodies, lifecycles of homosapiens and other species, and so on. These principles have been carefully mapped by our ancient scientists, named Rishis and adapted to management. 2. Profit vs. Highest Good: The motive of modern business – the vast majority of them, is singular – to make a profi t. It may be described in different ways, sometimes couched in beautiful words – ‘to create wealth for our stakeholders’, but the goal is nearly always fi nancial. The Triple Bottom line of People, Planet and Profi ts has attempted to widen this scope. The Balanced Scorecard approach has defi nitely attempted to build the necessary foundation of customer, innovation and people practices to achieve that goal. The Indian approach, however, is all-encompassing – Samast Jankalyane Nirantaram – the highest good of the maximum people for the longest period (with minimum resources). The maximum people encompasses all stakeholders, including society and environment and “kalyan” is sustained well-being, which is economic, social, spiritual and beyond. Can any business go wrong with such a lofty vision – one which is clearly inspiring and yet steers every action? 3. Left Brain vs. Whole Brain: Moder n businesses strive to get the best minds from the top- ranked institutions on the basis of the highest scores – there is virtually a war to be the fi rst to be seen on these educational campuses. The highest scores are indicators of intelligence – itself a measure of the profi ciency of the left brain – the logical and Vol. 10 Issue 2 • FEBRUARY 2019, Delhi NCR | 27