SCIM Advisory Council (SAC)
First SAC Meeting Held on March 21, 2017



The First Dialogic Process on Indian Management was held on March 21, the Chief Speaker being Mr. N Raveendranath Kaushik, CMA, Bangalore. He delivered the talk on the subject “Governance and Social Responsibility: It’s Origin in Ancient India”; selected Post Graduate students and Faculties were present on this occasion.

Taking cue from the Vedic period and the Upanishads he dwelt on the Doctrine of Karma and Arthasashtra; then he came to dwell on Social Responsibilities during the Mauryan Period. Speaking on Corporate Governance he quoted: “the application of best management practices, compliances of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders.”


He also talked on Yoga Sutras and concluded: Our ancient literature like Vedas, Manu Smruthi, Somadeva neeti stuti, Baharspatya Neeti stuti, Arthashastra etc gives more information of the type of governance which existed during ancient period.

Today the practice is more of statutory requirements and compulsions. Many schools of thoughts and professional bodies after doing lot of research and have developed models to address the need and importance of governance and social responsibility. But these models have its own limitations and due to which many corporate bodies are not in a position to implement the same in day to day management.

Social unrest, conflicts, increasing frauds and scams, bankruptcy, increasing global warming and pollution etc are some of the common problems which are faced in today’s society. The focus is more on Profit and Wealth maximization at the expense of social harmony. It is time not only for corporate people but for all of us to wake up and start thinking on those lines what our ancient scriptures have taught us about practice of righteousness in our actions without expecting undue advantages in the form of benefits. Then the members met for the SAC meeting.



The Members suggested the following about activities of SCIM:

  • To explore history, sociology, philosophy and psychology
  • To have a Social Science Department mainly to take up studies and research
  • Take up studies, projects and initiate dialogue process calling experts
  • To initiate debate elective wise on various topics to rouse students interest
  • Create the website link as SCIM and upload write ups, articles and various other thought provoking issues on Indian Management and disseminate to the world at large
  • To write Blogs and use mostly student’s creativity
  • To develop interest on Indian Management among students
  • To take up one week Sanskrit Learning Program facilitating the student(s) be able to read authentic literature on Indian Management in Sanskrit
  • Also may take up project in this direction
  • To introduce Yoga Session for the students



  • Faculties should give seminars in the topics of their interest
  • Focus discussion to have with experts on Indian ethos and culture
  • Creating a bigger picture for the faculties
  • To answer the question whether Indian Management gives solution to Management Challenges of today



  • To start a News Letter and in each issue publish profile of an expert, like Prof Subhash Sharma in the First Issue and a best article of him
  • Quiz to conduct on Indian Management and award prize to the winner



Prof H R Nagendra proposed the next SAC Meeting to be held at S-VYASA Campus towards the end of April, 2017 and all the members accepted this decision happily and expressed their willingness to attend the next SAC Meeting; it’s being held on April 27, 2017.


Prof K C Mishra
Convener, SAC, Sambhram Academy of Management Studies
March 21, 2017

Members attended the SAC Meeting

  1. Prof H R Nagendra, Chancellor, S-VYASA Yoga University
  2. Prof K B Akhilesh, Department of Management Studies, IISc
  3. Prof V D Potdar, Dean, Academics, Nagarjuna Degree College
  4. Mr. Raveendranath Kaushik, Practicing Cost Accountant
  5. Mr. P Dwivedy, Practicing Cost Accountant and Yoga Trainer
  6. Mr. H A Raghavendra, Associate Professor, SAMS
  7. Prof K C Mishra, Convener-SCIM and Principal, SAMS

The Inaugural Program/October 25, 2016. THE REPORT

Inaugural Program of Sambhram Center for Indian Management (SCIM) was held on October 25, 2016 in the Library of Sambhram School of Management in the august presence of the luminaries like Padmashree Professor H. R. Nagendra, Chancellor, S-VYASA Yoga University, Bangalore, as the Chief Guest; Professor Subhash Sharma, Director, Indus Business Academy (IBA), Bangalore and Professor K. B . Akhilesh, Senior Professor, Department of Management Studies, Indian Institute of Science (IISc), Bangalore as the Guests of Honour. Shri V Nagaraj, Vice Chairman, Sambhram Group of Institutions presided over the program. Library, as the symbol of triumph of knowledge, provided the right ambience for the inaugural program.

The program began with invocation by Mr. H.A. Raghavendra followed by a welcome Kuchhipudi dance by Ms Sowmya T. P. and subsequently the guests lighted the auspicious lamp to mark the beginning of this new initiative. Prof K.C.Mishra, Director, Sambhram School of Management introduced the guests with briefing about this B-School and the SCIM.

Prof. Nagendra along with other guests inaugurated the SCIM. In his inaugural address he expressed his sincere joy to inaugurate the Center and said he was delighted to see this kind of new dimensions of the B-School that are necessary in modern times. He said abundant knowledge of Indian ethos is available so it is the perfect time to start the Center and posed the question what was Indian Management and also answered that it was nothing but an offshoot of spiritual dimension.

He further said modern science has grown to the great heights in the last 400 years but is still incomplete in its search for the reality. Scientists like Newton and Descartes found the world so complex as far as the physical world was concerned but apart from physical world there is also the world beyond our imagination and understanding of Gods’ etc; we had understood the physical world thinking that everything in this world was matter and energy. Scientists could calculate how to put the rockets in to right orbit which was deterministic; on the other hand there is a subtle world where electrons grew like globe leading to collapse of the deterministic world which only showed we could understand the physical world only partially.

The essence of Indian way of life lies in going beyond the physical world like understanding Prana (life); the problem of Western medical world was how non-communicable diseases like Diabetes, Asthma and Cancer arise. However, these diseases require multidimensional approach; modern Science and Technology was unable to solve such modern problems, that is why a system like ‘AYUSH’( Ayurveda, Yoga,Unani, Siddha and Homeopathy) was introduced by Government of India recently to give a holistic treatment to these diseases which was backed by WHO also. Professor Nagendra went on to add, in the Management Scenario, along with the Western concepts like TQM, ISO, Japanese Management we should also evolve Indian Management principles. That we have achieved so much and waiting for what next; however, in the process we had burnt up ourselves. So, time has come to maintain one’s health properly and in this direction Indian Management principle of Holistic Management could help.

The Western Management teaches only quality of products whereas Indian Management teaches quality of life which is also very important. Unless we understand this integral dimension of management, it will not be effective, he strongly felt. Human beings need freedom from pains, diseases, greed and arrogance; ancient seers had given solutions for all these problems. Yoga can be a panacea for all ills of modern problems; in this context he opined India is not simply a Punya Bhoomi but it is a Divya Bhoomi. Now there is a need to bring back those management concepts and usher in holistic development of the human personality.

By combining the ‘Best of the West and the East’ to give a total new dimension; total index of the country should not simply be measured by GDP but it should also include health index, personality index, and contribution index. Corruption can be prevented by will power; and there is great need to build values in management and in society. We should listen to wisdom rather than senses; on the one hand we are growing gigantically but we have been reduced to pigmies because of many modern problems. Hence, Indian education should teach us the fine qualities through inculcating right values; all these dimensions should be brought into Indian Management. So it would be a wonderful knowledge base; in this context ancient Indian texts should be studied and ideas learnt from them to be applied to the body of management knowledge. He lauded the efforts of the B-School in developing the SCIM and wished the venture to grow phenomenally in future.

The Guest of Honour Professor K.B. Akhilesh in his address shared an interesting anecdote; in a Conference on Indian Management about two decades ago they strategized to evolve the concept of Indian Management and it was defined in different ways. One way was to define it in terms what successful Indian companies do; second way was to see it in terms of failures of Western practices in Indian context and the third approach was to define it in terms of our culture and values so that the positive aspects of work life could be highlighted.

These can be internalised from our texts and scriptures. Another dimension we learnt was with respect to large scale changes we have brought in India; in this backdrop he quoted about the reforms brought out in Tihar Jail by the top Indian First Woman Cop Dr Kiran Bedi and another example of Salem Silver Jewellery makers with a lakh employee having no financial transaction. Lessons learnt from these experiences are at the core of Indian Management. Now days we are getting many Indian unique case studies and we learn from other parts of the world also which are evidence based.

Today people ask for evidence based questions; in this back drop Management Department of IISc would establish a lab to give evidence based studies about Indian Management; he mentioned very interesting Indian concept of ‘Reverse Decision Making’ that was first presented by Dr. Daniel Albuquerque and discussed in a Workshop at IBA, where in lies the importance of Indian mythologies like Savithri, Bhakta Markandeya, in contrast to usual decision making process based on Western Management theories. He concluded his speech by saying Yoga Programs at S-VYASA are globally accepted and appealed to the youngsters to contribute to the field of Indian Management in future.

The other Guest of Honour Professor Subhash Sharma highlighted about the historical evolution of Indian Management starting in 1980 followed by the ‘Human Values in Management’ propounded by Swami Ranganathananda of Ramakrishna Mission. Further, Professor S. K.Chakravarty of IIM Calcuta also added to this conceptualization and the outcome was creation of “Management Center for Human Values” in IIM Calcutta led by Prof. Chakravarty himself.

In 1996 he came out with his book “Management in New Age: Western Windows Eastern Door” opening a new vista in Indian Management. Indian Management is rooted in the idea of ‘Vision of Life’ taking us beyond the ‘Vision of Profit’ that is the root of Western Management. He also mentioned about institutional efforts in this direction at WISDOM (Women’s Institute for Studies in Development Oriented Management) at Banasthali University, Rajasthan and Indus Business Academy, IBA, Bangalore and Greater Noida. He talked of three phases of development of Indian Management, viz. Indian Ethos and Management phase with focus on human and ethical values 1980 onwards; Yoga Revolution and YMS (Yoga, Meditation and Spirituality) phase with focus on Self Management 2000 onwards and now entry into DNA (Development, Nationalism and Aspiration) phase wherein Management is linked with three key ideas viz. Development, Nationalism and Aspirations of people.

He defined it as ‘INDIA Model of Indian Management’; where in INDIA stands for Indian (I) Nationalism (N), Development (D), and International (I) Aspirations (A). He also linked it with the development vision of our Prime Minister Shri Narendra Modi, articulated as ‘sabka saath sabka vikas’ (collective energy for collective development). He further stated this can be accomplished through a ‘Step by Step’ approach to success and gave his well known ‘Step by Step’ song of success to the students and the aspirants attending this program.

Mr. B K Gupta, CEO, Giant Step, a noted Corporate Trainer and motivation guru underlined the need and relevance of the inauguration of SCIM; expressed his experience that students of leading B-Schools of the country showed blatant ignorance about Indian values, culture and ethos. He congratulated Sambhram School of Management for laying the foundation of SCIM and believed it would go a long way in igniting the budding managers to know about their glorious past and rich cultural heritage; further he quoted the great French savant and Nobel Laureate Romain Rolland: “If there is one place on the face of earth, where all the dreams of living men have found a home from the earliest days when man began the dream of existence, it is India”. The august gathering was also reminded of the powerful prediction of the British Historian, E P Thomson “India is the most important country for the future of the world”.

Mr. Gupta made a fervent appeal to the teachers in particular to shift their focus from teaching values to practicing values as the students today are facing the crisis of finding genuine teachers to become their role models; with conviction he concluded on a positive note that time was opportune for India to become a Spiritual Guru and SCIM could prove to be the harbinger of the New Dawn!

Dr. Vithal D Potdar, Principal, Nagarjuna Degree College, extended his concluding remark about the initiative of having this SCIM and stated the new perspective should be followed in a spirit of research not in isolation and an interdisciplinary perspective is the need; we could take a leaf out of Indology and Indian classical works also. Joint study groups should be set up in consultation with Linguists, Social Scientists and Management experts. Interpretations of ancient texts like Rajaneethi, Arthasastra, and Maanasollasa should also be taken up which is otherwise application of ancient principles in the modern contexts; this is precisely missing in today’s researches. In this context he referred about the seminal work conducted long ago by late M.H. Gopal in 1920 by submitting his PhD thesis on ‘Mouryan Public Finance’ to the University of London; how he was motivated to undertake his research studies in 1994 in Karnataka University. At the end he suggested to go for tie ups with Indological Groups, ICHR, ICSSR, ICPR and Mythic Society to take up studies in this direction.

Sri V Nagaraj, Vice Chairman, Sambhram Group of Institutions and President of the Program remarked that he was very happy to see the Center being inaugurated in this B-School and assured all the required support for its growth. He hoped in future more and more students would pursue their interest in this type of studies and researches thus bring laurels to the SCIM and also to themselves. Though he had his own queries about this concept at the outset but now after hearing the legendaries about the efficacies of Indian Management he best assured himself first and then others this humble beginning is the reality in a better way. The program ended with the proposition of vote of thanks by Mr. H.A.Raghavendra, Associate Professor, Sambhram School of Management.
For the audience it turned out to be mind enriching and wonderful experience as they could visualize expanding horizons of Indian Management and its future potential in thought leadership at the global level through globalization of Indian Management.