Thursday 5 December 2013

STRATEGIC MANAGEMENT FROM MAHABHARATA ....4

7 Concepts of Strategic Management 



An interesting Management Case Study




Illustration from Mahabharata




(4) Decision Making


It is the art to take right decision at the right time. One should grab the opportunity at the right time to gain advantage over the competitors.



Kaurav - To take good decision one should have great level of concentration and low level of anxiety and their CEO was completely opposite of that. He was a man of low concentration, high level of anxiety and believed in unfair practices.



He believed in finance more than Human Resource. He chooses Krishna's army over him which was his biggest mistake.



Pandav - Arjuna was a person of great concentration and was much focused. He chooses Krishna over his army which came to be a masterstroke. He use to set example for others.

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