In the previous episode we had witnessed yet another important point, which is also one amongst the seventeen categories of people who go to hell! Vidura explained the tenth category wherein a person who tries to wage a physical war with another person who is powerful than him will surely go to Hell! This is why we always say that if there is a person who is physically well built and powerful, it is always better to respect him and keep him in good looks! We should realize that there’s no point in proving our supremacy by going and fighting with a person who’s powerful than us physically! If we’re prepared to do it, we should also be prepared to go to Hell!! 🙂
How is this point applicable to the modern day business and management world? If we witness in the Indian context, we’re seeing today that India is opening itself to something called “Multi-Brand Retail”, wherein huge foreign retail brands come inside India and pour in enormous money as investments, knowing that India is a huge market for them to make enormous profits. Of course we always keep having this debate in India that this “Multi-Brand retail” strategy adopted by the government, has a huge threat of wiping away small and medium scale businesses that are homegrown! This is a debatable topic on any given day, wherein one side of the argument would be that India should not be shutting doors for big retail brands since we’re now living in the world of technology and scientific advancements. If we’re shutting doors for big brands to come and invest in India, we’re always going to lose out to other countries like China in terms of investment potentials and new business opportunities. Of course on the other hand if we see, big brands are always a threat to the small and medium scale industries in India. These people cannot directly compete head-on with the big brands and if they try to do so, they would be wiped out from the market in no time!
This is where we apply Vidura’s point of advice – As a small or medium scale company, if we’ve to compete with the bigger brands, we should do it gradually and slowly rather than going head on against them! At the beginning, we may join hands with one or two big brands as a collaborator and learn the nuances of how to do business with them and how to make money out of it. Eventually as we make more and more profits, we can of course think of denouncing the deal with the big brand at a later stage, wherein we also might be pretty confident enough to run the show by ourself! But this would initially take lot of time! Hence we can see here that if we are a small brand, there’s no point in directly competing with a huge foreign brand head on, and if we do so, we need to be prepared to get wiped out from the market completely! This is because, these big guys know the technique as to how to stamp over us and make money! Of course, these brands come with lot of money power and tremendous support from the government and hence we cannot take on these brands directly. This is why in Strategic Management; we have a term called “Wait-and-watch strategy”, wherein we wait and see what the competitor is all about, how strong/weak is he, and what are his product/service offerings. Based on this, we frame our strategy to counter his competition in the market to make profits. It’s amazing to see how Vidura’s words are impeccably applicable to the modern day world, even in business!
Now moving on further, Vidura explains the eleventh category of people who go to hell! Vidura explains thus:
“Asshradhadhaanaaya cha yohbraveeti!!”
Here Vidura explains yet another important context with respect to business and management – He says that if a person hands over a job to someone who is not sincere and perfect in his working (No “Shraddha” in what he does), this person goes to hell! Thus it’s clear from Vidura’s above statement that if we’re handing over an important task to someone, we should analyze this person whether he would be able to finish this task properly or not. Only after the analysis, should we hand over the task to that person. If we fail to do this analysis and still go ahead in handing over the work to that person, we’re supposed to go to hell, according to Vidura!
However, leaving the “Hell” argument apart for sometime, if we look at this in a Management point of view, this has a lot to do with managing the Human Resources (HR) in an organization in a proper way! Here Vidura is talking about an important HR concept – Recruiting the right person for the right job at the right place and at the right time! It is always important for the organization to recruit a well qualified and a well-suited person for a particular job. If that is not done, the quality of the organization’s output is going to suffer very badly! Today we see in many cases that certain organizations fail to follow this thumb rule of HR, and end up recruiting the wrong people for the job. There might even be cases of “Nepotism” (A case wherein a person recruits his close aides such as friends, family members, etc. for the job, and not the regular qualified people), etc. wherein the right person doesn’t get recruited for the right job! Hence for any organization to succeed, this is a very important principle to be followed!
Moreover, is it enough if the right employee for the right job is selected? What about the place? The right person for the right job at the right place is also extremely important. If a critical project is lined up in the Bangalore office, and if a well-qualified person who can handle the project criticality well, sits in Chennai, what is the use of having this person in the organization? Hence, “place” also gains lot of significance. In addition to this, the qualified person should be recruited at a time when there is a critical requirement to fulfil a project’s criteria. What is the use of recruiting fresh qualified people after the project is over? Hence, “time” of recruitment is also very important. This is why we say in HR that the right employee should be placed in the right job, at the right place and at the right time!
This is exactly what Vidura is explaining here – He says that as an employer, one should know correctly as to whom this particular job is to be handed over! If the employer fails to know this and acts in a haphazard manner, he would be eligible to go to Hell without any hassle! 🙂 So for today, let us ponder over this important point and introspect! If we are in key posts in any organization, this is one point that we need to understand and implement in our professional career! We shall wait for tomorrow’s episode to witness the next category of people going to Hell! Stay tuned! 🙂