Cha Nakya 12

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    Chanakya was a teacher to the first Maurya Emperor Chandragupta (c.

    340293 BCE), and generally considered to be the architect of his rise to

    power. Traditionally empire, the first of its kind on the Indiansubcontinent. His works were lost near the end of the Gupta dynasty and

    not rediscovered until 1915.

    Identity

    a kingdom). Apparently, Chanakya used these sutras to groom

    Chandragupta and other selected disciples in the art of ruling a kingdom.

    Legend

    The Nanda King throws Chanakya out of his court, prompting

    Chanakya to swear revenge.

    Chanakya searches for one worthy for him to rule through. Chanakya

    encounters a young Chandragupta Maurya who is a born leader even as a

    child.

    that Chanakya was one

    The Kingdom of Magadha maintained contact with Takshasila. Chanakya's

    life was connected to these two cities, Pataliputra and Takshasila. In

    Takshashila, he became a teacher of politics.

    Political turmoil in Western India at that time caused by Greek invasion

    forced Chanakya

    of resources. He also advocated the development of the already annexed

    colonies. His imperialistic views can be interpreted as the development of

    natural and man made resources.

    According to Chanakya, the efficient management of land is essential for

    the development of resources. It is essential that the state keeps an eye on

    the occupation of excess land by the landlords and unauthorized use of

    land. Ideally the state should monitor the most important and vital resource

    Land.

    The state should take care of agriculture at all times. Government

    machinery should be directed towards the implementation of projects

    aimed at supporting and nurturing the various processes; beginning from

    sowing of seeds to harvest. The nation should envisage to construct forts and cities. These

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    complexes

    to Chanakya than external trade. At each point of the entry of goods, a

    minimal amount of tax should be collected. The state should collect taxes

    at a bare

    the people are not running behind material pleasures. Control over thesense organs is essential for success in any endeavour. Spiritual

    development is essential for the internal strength and character of the

    individual. Material pleasures and achievements are always secondary to

    the spiritual development of the society and country at large.

    BOOK II. The Duties of Government Superintendents.

    BOOK III. Concerning Law.

    BOOK IV. Removal of Thorns.

    BOOK V. Conduct of Courtiers.

    BOOK VI. The Source of Sovereign States.

    BOOK VII. The End of Sixfold Policy.

    BOOK VIII. Concerning Vices and Calamities.

    BOOK IX. The Work of an Invader.

    BOOK X. Relating to War.

    BOOK XI. The Conduct of Corporations.

    BOOK XII. Concerning a Powerful Enemy.

    BOOK XIII. Strategic Means to Capture a Fortress.

    BOOK XIV. Secret Means.

    BOOK XV. The Plan of a Treatise.

    Such are the contents of this Science. There are on the whole

    15 books, 150 chapters, 180 sections and 6,000 slokas.

    Analysis of His Works

    Artha is one of the of life (Purshartha) besides dharma, kama & moksha.

    In his Arthashastra, Kautilya made references to various Acharyas who

    include Bharadvaja, Visalaksa, Parasara, Manu, Pisuna and Kaunapadanta,

    among others.

    The earliest Arthashastra can be found from the Ayodhya Kanda of

    Valmiki Ramayana and in the Santi Parva of the Vyasa Mahabharata

    Several studies have been done on various aspects of Arthashastra byKautilya, however studies specifically in the context of organizational

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    management is limited.

    Kumar & Rao (1996) conducted a study of value based management

    from Kautilyas Arthashastra.

    Narayana (2002) integrated Kautilyas Arthashastra into strategic

    leadership. Garde (2003) made a study on Kautilya's aphorisms on management.

    Sihag (2004) researched Kautilya on the scope and methodology of

    accounting, organizational design and the role of ethics in ancient India.

    Radhakrishnan (2005) identified and exposed some of the Kautilyan

    management fundamentals.

    Muniapan & Shaikh (2007) explored lessons in corporate governance

    from Kautilyas Arthashastra in ancient India.

    Management and KautilyasArthashastra

    Management is an interdisciplinary field with contributions from various

    fields such as psychology, social psychology, sociology, anthropology,

    political science, economics and finance (Muniapan, 2005:b).

    Contemporary management also includes issues related to cross-cultural

    management and international management. Increasingly the

    understanding of management is coming to depend on understanding,

    analyzing and predicting organizational behavior, which is the basis forhuman resource management. One of the keys to successful management

    is the ability to understand and apply management principles and

    techniques efficiently and effectively. Managers must develop an in-depth

    knowledge of past and present models, theories and processes to manage

    effectively and intelligently. Contemporary management practice is

    pervasive in every aspect of human life within all types of organizations.

    The Kautilyas Arthashastra deals with different aspects managementwhich includes strategic management, financial management, accounting,

    human resource management, corporate governance, social responsibility,

    etc.

    Kautilya on Leadership

    Kautilya had stated that as a king (leader) is, so will be his people

    (followers)

    Kautilya emphasized the importance of leadership by example. The leader

    of any organization should be able to maintain high standards while

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    running an organization. If the king is energetic, his subjects will be

    equally energetic. If the leader is slack (and lazy in performing his duties)

    the subjects will also be lazy, thereby, eat into his wealth. Besides, a lazy

    king will easily fall into the hands of the enemies. Hence the king should

    himself always be energetic. According to Kautilya, dharma without resources is toothless &

    resources without dharma is useless.

    Resources will make ethical conduct or behaviour possible & vice versa.

    Shubh (goodness or auspiciousness) must come first, then labha (gain or

    profit).

    Management must strive to generate resources based on ethical conduct

    or behaviour.

    The basis of resources is kingdom

    To generate resources you need an enterprise, organization, team or a

    unit.

    Resources generated by organizations includes manpower development,

    money, machinery, materials, methods & markets.

    Further generation of resources requires expansion of the kingdom

    (organization) not by war but through market & product development,

    market penetration and diversification strategies.

    Kautilya on Organizational Management

    Managing an organization need to be carried out with help of senior

    leaders or management thinkers. One wheel does not support

    transportation, therefore it is necessary to appoint senior leaders or

    management thinkers and listen to their opinion.

    organization is rooted in the conquest of senses Victory over the senses means control of 5 organ of sense & 5 organs of

    action

    Only a leader who has conquers the organs of his body would be able to

    put organizational interest first before his self interest.

    This also involves control of 6 enemies within (desires, anger,

    greed, arrogance, infatuation & envy), also includes pride & foolhardiness.

    conquering the senses is rooted in training The first chapter of Arthashastra is vinaya adhikarikamor book on

    moral training.

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    The conquest of senses is rooted in discipline & training in ethics &

    morals should begin from childhood.

    The control of the mind, all experiences such as happiness/sorrow,

    gains/losses, victory/defeat, hot/cold should be taken with equanimity.

    The Impact of Kautilyas Arthashastra

    Chandragupta Maurya was considered to be the unifier of India during the

    4th Century B.C.

    Mauryan Empire was continued by his son Bindusara and by his grandson

    King Asoka .

    Mauryan Empire expansion included Afghanistan, all the way to the

    border of Persia (Iran), extending to Bengal.Today, a careful study the Arthashastra will be useful for expanding

    business empire.

    Conclusion

    Kautilyas Arthashatra is one of the ancient Indian literature which had

    provided some insights to management, although

    the context it was written was for kings to govern the state. There aremany management concepts from Kautilyas

    Arthashastra, which are still applicable in todays organizational

    management. A deeper study of the book will open many

    new areas of management concepts, which is yet to be known and

    practiced in the modern management.

    The author hopesthat more studies in the areas of organizational management such as

    strategic management, financial management and

    human resource management from Kautilyas Arthashastra can be

    undertaken for future research.