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The Sunday Times October 29, 2006

Students of karma capitalism

 

US business schools are lining up for courses that will help

tomorrow's executives find their inner peace. Dean Nelson reports

from New Delhi

 

THE young executives — among America's brightest and best — cast off

their shoes and sat cross-legged at the feet of a tall 80-year-old

man dressed in flowing white robes.

Like disciples in the presence of a prophet, they hung on his every

word. And they stared with concentration as their teacher wrote on a

white flip-board the bywords to business success: concentration,

consistency, co-operation.

 

For the members of the Young Presidents' Association, meeting in New

Jersey, this was no ordinary leadership seminar. They were being

imbued with the values of the Hindu philosophy of Vedanta, by its

most venerable proponent, Swami Parthasarathy.

 

It was only one example of how America's business schools and

corporations are turning to the teachings of Hindu gurus and the

wisdom of Lord Krishna for guidance for their budding hedge-fund

managers, investment bankers and venture capitalists.

 

Greed may have been good in the 1980s but karma capitalism is now

being seen as illuminating the way to long-term business success.

Companies are turning to gurus and swamis to transform stressed-out,

one- dimensional executives into well-balanced bosses whose inner

peace will keep them focused, productive and profitable.

 

On the syllabus at Harvard, Kellogg, Wharton and Ross business and

management schools is the Bhagavad Gita, one of Hinduism's most

sacred texts. Also known as the Song of the Divine One, the work

relates a conversation between the supreme deity Krishna and Arjuna,

a warrior prince.

 

Its sentiments are being used to bring out the best in the next

generation of business leaders. About one in 10 professors at these

institutions are of Indian origin, and although opinion among them

varies widely, some of their common themes are gaining a wider

audience. The most influential is that business leaders should aim

for a higher purpose rather than simply amassing a fortune.

 

Why is not clear, but political goals like social justice and

corporate social responsibility seem to have become business

aspirations for many companies and schools. And for many, the

methodology of achieving them includes developing more rounded

executives with a strong spiritual sense of who they are.

 

A number of leading Indian academics such as Ram Charan, CK Prahalad

and Vijay Govindarajan have emerged as gurus who can bring about

this change, while more populist teachers like Deepak Chopra have

created global business brands advising top executives on how to

change their lives.

 

Parthasarathy, who runs his own school of Vedanta Hindu philosophy

in Mumbai and still bats regularly for his college cricket team, is

the guru of gurus. Parthasarathy was the heir to his family's

shipping business, but turned his back on the family firm after

studying at London University.

 

He began studying the Bhagavad Gita, and has spent the past 50 years

building a multimillion pound empire through explaining its

practical benefits to wealthy corporations and executives.

 

He has recently returned to India from America where — in addition

to the Young Presidents' Organisation — he lectured students at

Wharton Business School and executives at Lehman Brothers in

Manhattan. His tours are booked well beyond next year, and will

include Australia, New Zealand, Singapore and Malaysia.

 

While traditional business teaching has used the language of war and

conquest, Parthasarathy uses the Bhagavad Gita to urge his students

to turn inwards, to develop what he calls the intellect, by which he

means their own personal understanding of themselves and the world,

and to develop their " concentration, consistency and co- operation " .

 

Parthasarathy, or Swamiji as he is known to many of his followers,

uses the Bhagavad Gita and its " Vedic laws " to inspire his students

to raise their aim from earning a crust to focusing on higher

spiritual or business goals.

 

The Gita, as it is known, is the Hindu text in which Lord Krishna

reveals himself as Supreme Being to Arjuna as he toils in moral

confusion on the battlefield. In the script, Krishna explains to

Arjuna that his soul will endure beyond his life, and that

enlightenment comes through shedding the ego, and focusing on

the " immortal self " . He explains the importance of devotion, action,

meditation and knowledge and teaches that real leaders cast aside

emotions that interfere with sound judgment, and put their duty

ahead of their personal fortunes.

 

Parthasarathy's long-term friend Gopichand Hinduja, who with his

brothers owns Gulf Oil and Ashok Leyland Trucks and is listed as the

seventh-richest man in Britain, said he is one of several gurus who

have increased his knowledge of the Gita and in turn helped their

family business.

 

" The Bhagavad Gita can make people better decision-makers. If you

just close your eyes and be silent, that gives you the inner

strength to focus. It's nothing to do with religion but inner

confidence. This has transpired from Vedic law and scripture, " he

said.

 

" We know him [Parthasarathy] very well. He uses meditation, yoga and

relaxation to ease stress. The world is becoming faster, and people

have hypertension. There's no swami or guru we haven't met or tried

to understand. In general, each one has some benefit. Vedic law has

helped us as businessmen. There are many examples. All of us follow

the Bhagavad Gita. Every time you read it you understand more and

get more depth.There is no problem in the world to which you do not

find a solution there. "

 

Parthasarathy, however, is sceptical about his new role as guru-in-

chief to America Inc. " The business community has appreciated my

line of approach. But nobody knows what I'm talking about, just bits

and pieces. I'm saying they need to develop their intellect, not

simply their intelligence, which is just knowledge from external

sources, to help earn a living.

 

" Your intellect is your capacity to deal with the world, which is

dormant in you. I ask people to think. People are doing business,

but they don't know why, " he said.

 

" You've got to set targets for yourself. They could be material or

spiritual. I'm not interested in business. I'm interested in

teaching people what life is about. We have to add self-realisation

as a target, to know yourself. We have a spiritual target and all

these business jokers have a material target. "

 

He is sceptical of the prospects of many of his business students

benefiting from his teaching. " Not a single soul has understood. At

Kellogg, nobody understood. They said it was inspiring. They think I

will help them make more money. It's hype, " he said.

 

Gopichand Hinduja said his students could learn as much from their

guru's business practices as their spiritual teaching. " Some of

these swamijis are now richer than many of the businessmen, " he

noted.

 

Wisdom of Krishna

 

GREED IS BAD

 

" You should never engage in action only for the desire of rewards, "

Krishna says. Acting on worldly desires leads to failure. Do well,

and good things will come.

 

BE FAIR

 

Enlightened leaders are compassionate and selfless and they " treat

everyone as their equals " . Followers will rally round them and

follow their example.

 

ACT RATHER THAN REACT

 

Leaders accomplish " excellence by taking action " , Krishna says. A

leader's actions today can become the " karma " that influences his

status tomorrow.

 

SEEK HIGHER CONSCIOUSNESS

 

Leaders should view problems within their larger contexts. In other

words, show sensitivity to shareholders, employees, partners and

neighbours.

 

http://business.timesonline.co.uk/article/0,,8209-2426391,00.html

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Is it just me, or does this seem a lil bit out of context to you? By out of

context i mean using the gita's teachings as a way to make money or enhance

performance for the purpose of making money. Sure Krishnas teachings are

priceless and very deep and relevent for everyone, but i fail to see how they

can be dummed down to such a degree that the purpose of them(knowledge to grow

spiritually which has nothing to do with money) can be easily assimilated by

people as good business strategy in tead of great spiritual wealth and

information.

 

However, maybe im cynical and maybe these people will take these teachings to

heart and actually develop balanced business practices, which would be super

good for everyone, and at the very least develop a different outlook on life,

but im not sure thats what this is.

 

Any comments?

 

Kyyan

 

, " jagbir singh " <adishakti_org

wrote:

>

> The Sunday Times October 29, 2006

> Students of karma capitalism

>

> US business schools are lining up for courses that will help

> tomorrow's executives find their inner peace. Dean Nelson reports

> from New Delhi

>

> THE young executives — among America's brightest and best — cast off

> their shoes and sat cross-legged at the feet of a tall 80-year-old

> man dressed in flowing white robes.

> Like disciples in the presence of a prophet, they hung on his every

> word. And they stared with concentration as their teacher wrote on a

> white flip-board the bywords to business success: concentration,

> consistency, co-operation.

>

> For the members of the Young Presidents' Association, meeting in New

> Jersey, this was no ordinary leadership seminar. They were being

> imbued with the values of the Hindu philosophy of Vedanta, by its

> most venerable proponent, Swami Parthasarathy.

>

> It was only one example of how America's business schools and

> corporations are turning to the teachings of Hindu gurus and the

> wisdom of Lord Krishna for guidance for their budding hedge-fund

> managers, investment bankers and venture capitalists.

>

> Greed may have been good in the 1980s but karma capitalism is now

> being seen as illuminating the way to long-term business success.

> Companies are turning to gurus and swamis to transform stressed-out,

> one- dimensional executives into well-balanced bosses whose inner

> peace will keep them focused, productive and profitable.

>

> On the syllabus at Harvard, Kellogg, Wharton and Ross business and

> management schools is the Bhagavad Gita, one of Hinduism's most

> sacred texts. Also known as the Song of the Divine One, the work

> relates a conversation between the supreme deity Krishna and Arjuna,

> a warrior prince.

>

> Its sentiments are being used to bring out the best in the next

> generation of business leaders. About one in 10 professors at these

> institutions are of Indian origin, and although opinion among them

> varies widely, some of their common themes are gaining a wider

> audience. The most influential is that business leaders should aim

> for a higher purpose rather than simply amassing a fortune.

>

> Why is not clear, but political goals like social justice and

> corporate social responsibility seem to have become business

> aspirations for many companies and schools. And for many, the

> methodology of achieving them includes developing more rounded

> executives with a strong spiritual sense of who they are.

>

> A number of leading Indian academics such as Ram Charan, CK Prahalad

> and Vijay Govindarajan have emerged as gurus who can bring about

> this change, while more populist teachers like Deepak Chopra have

> created global business brands advising top executives on how to

> change their lives.

>

> Parthasarathy, who runs his own school of Vedanta Hindu philosophy

> in Mumbai and still bats regularly for his college cricket team, is

> the guru of gurus. Parthasarathy was the heir to his family's

> shipping business, but turned his back on the family firm after

> studying at London University.

>

> He began studying the Bhagavad Gita, and has spent the past 50 years

> building a multimillion pound empire through explaining its

> practical benefits to wealthy corporations and executives.

>

> He has recently returned to India from America where — in addition

> to the Young Presidents' Organisation — he lectured students at

> Wharton Business School and executives at Lehman Brothers in

> Manhattan. His tours are booked well beyond next year, and will

> include Australia, New Zealand, Singapore and Malaysia.

>

> While traditional business teaching has used the language of war and

> conquest, Parthasarathy uses the Bhagavad Gita to urge his students

> to turn inwards, to develop what he calls the intellect, by which he

> means their own personal understanding of themselves and the world,

> and to develop their " concentration, consistency and co- operation " .

>

> Parthasarathy, or Swamiji as he is known to many of his followers,

> uses the Bhagavad Gita and its " Vedic laws " to inspire his students

> to raise their aim from earning a crust to focusing on higher

> spiritual or business goals.

>

> The Gita, as it is known, is the Hindu text in which Lord Krishna

> reveals himself as Supreme Being to Arjuna as he toils in moral

> confusion on the battlefield. In the script, Krishna explains to

> Arjuna that his soul will endure beyond his life, and that

> enlightenment comes through shedding the ego, and focusing on

> the " immortal self " . He explains the importance of devotion, action,

> meditation and knowledge and teaches that real leaders cast aside

> emotions that interfere with sound judgment, and put their duty

> ahead of their personal fortunes.

>

> Parthasarathy's long-term friend Gopichand Hinduja, who with his

> brothers owns Gulf Oil and Ashok Leyland Trucks and is listed as the

> seventh-richest man in Britain, said he is one of several gurus who

> have increased his knowledge of the Gita and in turn helped their

> family business.

>

> " The Bhagavad Gita can make people better decision-makers. If you

> just close your eyes and be silent, that gives you the inner

> strength to focus. It's nothing to do with religion but inner

> confidence. This has transpired from Vedic law and scripture, " he

> said.

>

> " We know him [Parthasarathy] very well. He uses meditation, yoga and

> relaxation to ease stress. The world is becoming faster, and people

> have hypertension. There's no swami or guru we haven't met or tried

> to understand. In general, each one has some benefit. Vedic law has

> helped us as businessmen. There are many examples. All of us follow

> the Bhagavad Gita. Every time you read it you understand more and

> get more depth.There is no problem in the world to which you do not

> find a solution there. "

>

> Parthasarathy, however, is sceptical about his new role as guru-in-

> chief to America Inc. " The business community has appreciated my

> line of approach. But nobody knows what I'm talking about, just bits

> and pieces. I'm saying they need to develop their intellect, not

> simply their intelligence, which is just knowledge from external

> sources, to help earn a living.

>

> " Your intellect is your capacity to deal with the world, which is

> dormant in you. I ask people to think. People are doing business,

> but they don't know why, " he said.

>

> " You've got to set targets for yourself. They could be material or

> spiritual. I'm not interested in business. I'm interested in

> teaching people what life is about. We have to add self-realisation

> as a target, to know yourself. We have a spiritual target and all

> these business jokers have a material target. "

>

> He is sceptical of the prospects of many of his business students

> benefiting from his teaching. " Not a single soul has understood. At

> Kellogg, nobody understood. They said it was inspiring. They think I

> will help them make more money. It's hype, " he said.

>

> Gopichand Hinduja said his students could learn as much from their

> guru's business practices as their spiritual teaching. " Some of

> these swamijis are now richer than many of the businessmen, " he

> noted.

>

> Wisdom of Krishna

>

> GREED IS BAD

>

> " You should never engage in action only for the desire of rewards, "

> Krishna says. Acting on worldly desires leads to failure. Do well,

> and good things will come.

>

> BE FAIR

>

> Enlightened leaders are compassionate and selfless and they " treat

> everyone as their equals " . Followers will rally round them and

> follow their example.

>

> ACT RATHER THAN REACT

>

> Leaders accomplish " excellence by taking action " , Krishna says. A

> leader's actions today can become the " karma " that influences his

> status tomorrow.

>

> SEEK HIGHER CONSCIOUSNESS

>

> Leaders should view problems within their larger contexts. In other

> words, show sensitivity to shareholders, employees, partners and

> neighbours.

>

> http://business.timesonline.co.uk/article/0,,8209-2426391,00.html

>

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