Asian Journal of Management

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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
     

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

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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