Page 69 - NITI - Navigating Indian Traditions in Industry

sustainable growth and fulfillment of a greater mission.

Businesses that have a clear, well-defined purpose and long-term vision tend to
perform better over time. Such organizations can withstand challenges more effectively
and make strategic decisions that align with their overarching goals and values. Long-
term vision also helps companies stay relevant by adapting to changing markets while
staying true to their mission.

Example:

Under Satya Nadella’s leadership, Microsoft embraced a renewed focus on
innovation, inclusivity, and cloud computing. The company’s strategic shift to align
with its long-term vision of empowering every individual and organization on the
planet reflects Mimamsa’s principles of purposeful action. This alignment with purpose
has driven Microsoft’s resurgence, helping the company to achieve substantial growth
in the cloud computing sector.

7. Reflection and Continuous Improvement
Mimamsa places great emphasis on self-reflection and the continuous refinement
of actions. The philosophy teaches that growth comes from regularly assessing one’s
actions and adjusting better align with dharma. This iterative approach leads to
constant improvement and refinement.

In the fast-paced business world, continuous improvement is key to staying competitive.
A culture of feedback, learning, and iteration enables businesses to adapt quickly,
innovate, and refine their products and services. This approach not only enhances
operational efficiency but also fosters a mindset of growth and resilience.

Example:
Google’s 20% Time policy, which allows employees to spend a portion of their
workweek on personal projects, encourages innovation and reflection. This policy has
led to the creation of some of Google’s most successful products, such as Gmail and
Google Maps. The company’s commitment to fostering continuous innovation reflects
Mimamsa’s emphasis on reflection and continuous improvement.

These principles from Mimamsa offer valuable insights into how businesses can
achieve long-term success by adhering to ethical values, focusing on systematic
processes, promoting teamwork, and continuously improving.

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