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 |
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