February 2015 - Nand Kishore Chaudhary

It’s Time for a More Responsible Way to Do Business

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Capitalism is the leading economic system that is utilized around the world and it has resulted in monetary growth on an unprecedented scale. If not for capitalism, I would not have been able to start my now successful business years back on the simple premise of providing a quality product produced by skilled artisans. But the system has suffered a setback in the recent years, mainly due to the global financial crisis of 2008 and perceived greed of large banks that were the main cause of the worldwide market crash. As a result, a redefinition of capitalism is emerging. Many business leaders are in agreement that the old way of doing business is no longer viable.

Taking the Time to Contemplate and Pay Attention

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There is no doubt that everyone is very busy these days. With work and family obligations, there is little time to rest or do things we enjoy. While keeping busy and working hard is very necessary and admirable, it is also important to take time for ourselves.This has become harder and harder to do in this age of the Internet and smart phones, which result in constant connectivity. Because anyone can reach us via phone or Internet at all hours of the day, the line between “office” time and “home” time has been completely blurred. Laptops, tablets and mobile phones quickly suck our attention away.

Finding the Right Balance in Leadership

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It is not easy being in a position of leadership. As head of large business, it often seems as if I literally have a million things to do at once. There are rug designs to review, villagers to train and overall company operations to oversee. The workload never declines – and that is fine, because I love my work. One of the most difficult aspects of my job, however, is the delicate balance between being a strict boss and a flexible leader. As a businessman, it is my responsibility to make sure that my company runs smoothly and efficiently. This means setting standards and guidelines for employees so that they are as productive as possible.

Spirituality Has a Definite Place in the Business World

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What do the beloved Bhagavad Gita, the revered scripture from the great Indian epic “The Mahabharata,” and business dealings have to do with one another? At first glance, it may seem like absolutely nothing.
But if we dig deeper, we see that the business world can learn a lot from the Gita, in which lord Krishna counsels Arjun on his uncertainty about fighting against his own kin. Arjun is faced with a situation in which he must fight his cousins in order to regain control of his kingdom.