ABSTRACT

Subhash Sharma (2010) broadly categorized the evolution of management thought over the last hundred years in terms of three distinct eras: the Scientific Management era (beginning around 1900); the Human era (beginning around the 1960s); and the New Mantras era (beginning around 2000) wherein human and spiritual values are echoed in management thought. During the Scientific Management era, management thought was deeply influenced by the disciplines of engineering and economics and during the Human era, by psychology and related disciplines. With the acceptance of yoga and meditation as stress management tools for corporate managers, the disciplines of spirituality and the inner sciences started influencing management thought leading to many new mantras in management and leadership.