येषां न विद्या न तपो न दानं ज्ञानं न शीलं न गुणो न धर्मः ।
ते मर्त्यलोके भुवि भारभूता मनुष्यरूपेण मृगाश्चरन्ति ॥
जिन लोगों ने न तो विद्या–अर्जन किया है, न ही तपस्या में लीन रहे हैं, न ही दान के कार्यों में लगे हैं न ही ज्ञान अर्जित किया है, न ही अच्छा आचरण करते हैं, न ही गुणों को अर्जित किया है और न ही धार्मिक अनुष्ठान किये हैं, वैसे लोग इस मृत्युलोक में मनुष्य के रूप में मृगों की तरह भटकते रहते हैं और ऐसे लोग इस धरती पर भार की तरह।


Business/management education in India is growing rapidly.  It may very well be the beginning of the golden era of business schools and education in India (Khatri, Ojha, Budhwar, Srinivasan, & Varma, 2012). However, for business schools, education, and practice to continue thriving and contributing to the effective management and vitality of Indian businesses, organizations, and institutions, business education and practice need to be founded upon valid and tested management theories that fit the Indian context.

Under the able leadership of its cofounders, Pawan Budhwar and Arup Varma, the Indian Academy of Management (INDAM) had its first meeting in 2007 in Philadelphia with the foremost goal of providing a global platform for management scholars in India and elsewhere to network, collaborate, and conduct research in India. The Academy of Management, USA, the premier management research and education body of management researchers and educators in the world, accepted INDAM as one of its affiliates in 2011. The cofounders established three primary objectives of INDAM: (i) to spearhead the creation and dissemination of knowledge on Indian businesses, organizations, and other institutions both within and outside India; (ii) to influence business and management policy and education; and (iii) to act as a resource to develop the next generation of researchers and educators in India.

To achieve these objectives, INDAM aims to provide a range of useful and much needed avenues, activities, and services to its members (Budhwar in Khatri et al., 2012): (i) building a strong and active community of scholars on India who can meet on a regular basis in research conferences in India to share their interests, ideas, and findings; (ii) establishing a journal on Indian management research and publishing scholarly books on Indian business and management under the auspices of Palgrave Studies in Indian Management book series; (iii) conducting research and professional workshops for early career researchers, such as doctoral students and new faculty, to help them grow their research and publication skills; (iv) linking with other professional bodies based not only in India but globally; and (v) creating an active interface between scholars and practitioners of management.