Indian Value, Value System and Wisdom
Indian Value, Value System and Wisdom
BY
V. JAYAPRIYA
MBA - I YEAR
KARPAGA VINAYAGA COLLEGE OF ENGINEERING AND
TECHNOLOGY
Concept of values
❖Values are the basic convictions that give us a sense of right and wrong, good
and bad.
relation to others.
Value system
❖A value system is a set of consistent ethic values and measures used for the
❖Value system comprises of all those beliefs and viewpoints that the parents pass
on their next generations, they further pass it on to and offspring and so, the
❖A common value system is one of the binding ingredients that give Indians a
common identity.
elders, recourse to nature, seeking prosperity, strong family ties, joyousness and
hospitality.
Wisdom in Management
❖Wise leaders have certain leadership skills that transcend the everyday requirements of a job,
including their approach to decision-making.
❖Wise leaders do not make one-sided decisions; instead, they are affected by the varying perceptions
of their team as well as those outside the company.
❖Their decisions are informed by their personal experience and the experience of others, and also take
into account what is good not only for the company but also for society as a whole.
❖Wise leaders model and encourage free thinking and risk-taking because they believe testing theories
and arguing outcomes help cultivate wisdom for all involved.
Modern Managers
❖Managers can use the value system for the all-round development of their
employees.
Indian culture. These values reflect the importance of hierarchy, collectivism, long-term
orientation, patience, face-saving, duty and responsibility, and loyalty. These values have
helped Indian managers to build successful organizations and contribute to the growth of