Asian Journal of Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

The Work of Indian Legend Chanakya in Context with the Modern Management


Affiliations
1 Department of Computer Science, Guru Nanak College, Budhlada – 151502, India
2 Department of Mechanical Engineering, National Institute of Technical Teachers’ Training & Research, Chandigarh – 160019, India
     

   Subscribe/Renew Journal


Nowadays, Indians are studying and following the management principles given by Western countries but they have forgotten their own legend - Chanakya, the Great. He is the only Indian Management Guru whose principles are admired both in East and West. He was a king maker who guided the son of a maid servant towards the throne of Magadha. His creations Arthashastra and Nitishastra gave us the most valuable theories on politics, administration, economy etc. In this paper, an attempt has been made to review Chanakya’s work in contrast with the modern management concepts. This paper includes the theories and principles given by Chanakya, hundred years ago which are still followed in political science, economics and management. This paper legitimizes that Chanakya had an awesome vision as he actualized the standards and guidelines in ancient times in India which we are executing today.

Keywords

Modern Management, Chanakya, Ancient Management, Indian Management.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Chaudhuri, Theory “I” management leadership success multiplier model. Retrieved from http://www.arindamchaudhuri.com/theory.htm, 2003.

  • Sharma GD. Management and the indian ethos. Rupa and Company, New Delhi. 2001.

  • Jha KH and Jha LK. Chanakya: The pioneer economist. APH Publishing Corporation, New Delhi. 1997: 3-4.

  • Sarkar S. Kautilyan economics: an analysis and interpretation. Indian Economic Journal. 47(4); 2000:62.

  • Thanawala K. Kautilya’s arthasastra: a neglected work in the history of economic thought. Ancient Economic Thought.1;1997:43-58.

  • Rao MVK. Studies in kautilya. Munshi Ram Manohar Lal, New Delhi. 1958: 202.

  • Shamasastry R. Kautilya’s arthasastra.Mysore Printing and Publishing House, Mysore; 1961: 47.

  • Ambirajan S. The concepts of happiness, ethics, and economic values. Ancient Economic Thought, edited by BB Price. London: Rutledge. 1997: 19-41.

  • Fayol H. General and industrial management. Pitman Publishing, New York. 1949: 107-109.

  • Allen L. Management and organization. McGraw Hill, New York. 1958: 57.

  • Brians P. “carrot on a stick” vs. “the carrot or the stick”. Informally published manuscript, Department of English, Washington State University, Retrieved from http://public.wsu.edu/~brians/errors/carrot.html, 2003.

  • Mockler RJ. Readings in management control, Appleton-Century-Crofts and Fleschner Publishing Company, 1970.

  • Koontz H and O'Donnell C. Principles of management: an analysis of managerial functions. McGraw Hill, New York. 1964.


Abstract Views: 273

PDF Views: 0




  • The Work of Indian Legend Chanakya in Context with the Modern Management

Abstract Views: 273  |  PDF Views: 0

Authors

Nitika Goyal
Department of Computer Science, Guru Nanak College, Budhlada – 151502, India
Deepam Goyal
Department of Mechanical Engineering, National Institute of Technical Teachers’ Training & Research, Chandigarh – 160019, India

Abstract


Nowadays, Indians are studying and following the management principles given by Western countries but they have forgotten their own legend - Chanakya, the Great. He is the only Indian Management Guru whose principles are admired both in East and West. He was a king maker who guided the son of a maid servant towards the throne of Magadha. His creations Arthashastra and Nitishastra gave us the most valuable theories on politics, administration, economy etc. In this paper, an attempt has been made to review Chanakya’s work in contrast with the modern management concepts. This paper includes the theories and principles given by Chanakya, hundred years ago which are still followed in political science, economics and management. This paper legitimizes that Chanakya had an awesome vision as he actualized the standards and guidelines in ancient times in India which we are executing today.

Keywords


Modern Management, Chanakya, Ancient Management, Indian Management.

References