Augmenting the Changing Landscape of Finance Organisation through Practical Insights and Metrics from Valmiki's Ramayana
DOI:
https://doi.org/10.33516/maj.v59i1.96-99pKeywords:
No keywords.Abstract
A finance organisation is a fulcrum that manages risks’ impact and enhances organisational throughput. This establishment is undergoing rapid changes in expectations internally and externally. This journey has multiple challenges and practical insights are needed from time-tested civilisations.
This study explores and provides implementable doctrines from Indian Knowledge Systems (IKS), specifically Vālmīki’s Rāmāyaṇa. This qualitative study has applied principles of textual analysis, grounded theory, and hermeneutics.
The initial findings provide specific policy statements and trackable metrics (key performance indicators) for each of the four divisions of the finance organisation viz execution level, controllership, business partnering and finance leadership. Ultimately, the paper encourages the exploration of an indigenous framework for finance governance based on IKS that aligns with the mindset and ethos of Indian companies and their customers.
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