HENRY FAYOL'S PRINCIPLES OF MANAGEMENT AND BHAGAVAD GITA – A HERMENEUTICS STUDY

Abstract

Hermeneutics is the study of interpretation. While taking up religious texts like Bhagavad Gita which provides abundance of knowledge, Hermeneutics is the choice of researcher. There have been various articles bringing out relevance of Bhagavad Gita in Management and most often researched is Leadership in Gita. The present article examines the untouched area of Henry Fayol's fourteen principles of Management and how Gita can be linked to some of these principles. Bhagavad Gita is presented in a question and answer format which is compiled into 18 chapters and contains 700 verses.This is a work which is believed to be more than 5000 years ago. Does this old work stand relevant and is this relevant to Management? This article brings out answers to these questions