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Organisational Essentials and Anekānta -
Any organisation needs certain essential inputs for it to function effectively. One or more of the following ingredients are essential for an organisation: - A. Enterprise – It is the individual or a group of individuals
that shoulder the entire responsibility for the organisation. They employ the capital, which in turn hires or purchases the other ingredients, and enjoy the profits or suffer the losses. In the ultimate analysis it is the entrepreneur that has the final say on any matter in the organisation. However, he delegates powers and responsibilities to the managers for day to day functioning of the organisation. In smaller organisations, however, the entrepreneur is also the manager. The entrepreneur decides the location (land) of his enterprise, the capital to be employed (money), the personnel to be hired (man--power), raw material to be purchased (material) and the machines to be installed (machine). For taking all these decisions he has to consider many inputs some of which may be mutually conflicting and has to reconcile them. He employs the multiple approach in all these fields. He can hardly
dispense with Anekānta. B. Money – Once the entrepreneur decides to raise an
organisation he has to arrange capital for translating his ideas into action. He can do so from own resources, by taking loans from the banks and other financial institutions, from private moneylenders, etc. Each of these sources has its own pros and cons. While the loan from the banks may be at lower interest rates, it may have some conditions attached to it, which may be difficult to fulfil. Also it may not be available at the nick of time. At such times the private loan at higher rates of interest may be the only answer. One has to weigh the pros and cons and
decide as to which type of money source to mobilise when. LEADERSHIP AND MANAGEMENT THROUGH ANEKĀNTA : 361
