The Bhagavad-Gita as an Inspiration to Enterprise and Guide to Business Management

The Bhagavad-gita (Gita) is not just a sacred book for spiritual liberation (Moksha). Its importance as a handbook for facing ethical problems of day-to- day struggles in life for individuals, businessmen and leaders alike, has been increasingly realised. This article brings out the relevance of the Gita also as a source of inspiration for entrepreneurship, and a guide to business management. Many of the teachings of the Gita such as for practicing Karma-yoga and about the value of equipoise and detachment are pertinent for managers. The Gita refers to the cycle of mutual support which sustains the world, urging the acceptance of social responsibility for people's welfare (loka-hita/loka-sangraha). The concept of Yajna, emphasizing one's right restricted only to the remnant, implies responsibility to nature too, and the need to avoid its reckless exploitation. It also means that business has to duly compensate and rehabilitate victims of negative externalities, before enjoying profits.