HARNESSING HERITAGE: THE INFLUENCE OF INDIAN KNOWLEDGE TRADITIONS ON ETHICAL MANAGEMENT

The Indian Knowledge Tradition has facilitated the Indian educational and managerial systems from the ancient period till now. Its cardinal features of ethics, discipline, and holistic learning offer immense value for the contemporary management education. This paper will analyze the merger of Indian knowledge systems with modern management principles in the context of ethical leadership, decision making, and sustainable business. The integration of Indian and Western Knowledge Systems is one way to achieve improved business ethics and governance, guided by the wisdom of the Bhagavad Gita, Upanishads, and Arthashastra. This idea is proposed in a broader sense for development policy, economic policy, and stress management in business. It is possible to construct leaders who are morally and technically proficient by incorporating elements like the Gurukul system, yoga, and Ayurveda into management education. This paper also argues the importance of western management paradigms executed in Indian philosophy for Indian management education to address global competition and local culture.