ABSTRACT Research Scholars : 1.Deepika Pandoi MBA IInd Year 2.

Nancy Agrawal MBA IInd Year SUB THEME Epic of developing Leaders TITLE Leadership development is arguably one of the most important activities undertaken by human resource development (HRD) professionals. By employing hermeneutics, a qualitative methodology, dharmic management, principles of control and vigilance, decision making, humanism and equanimity from Valmiki Ramayana which provide lessons for enhancing managerial effectiveness. The prospect of exploring Valmiki Ramayana in other areas of management such as strategic management, people management, and others can be considered in the near future.The Valmiki Ramayana is a revelation of Dharmic living. Mahatma Gandhi was inspired by the life and act of Sri Rama. By this Mahatma Gandhi wanted to send a message to the leaders thatgood governance is always directed towards the upliftment of the downtrodden. The ideal life of Sri Rama is itself a message for our managers to imbibe the highest moral values of life. Using modern theories of leadership, it is suggested that Krishnas leadership style fits both the servant-leader and the transformational models of leadership based on situational contingencies. This approach adds to the stream of literature wherein scholars have examined the leadership of various historical religious figures including Jesus of Nazareth, , and Mahatma Gandhi and have analyzed the implications of spiritual leadership for modern life and organizations. The paper initiates an important stream of literature since no one has yet looked at Krishnas leadership style from the modern perspective of transformational and servant-leader models. Leadership for Adaptive Organizations: Models from the Christian, Hindu and Buddhist Traditions-Spiritual Leadership.