The document discusses the application of ancient Indian philosophy to modern management. It outlines sources of ancient Indian management from texts like the Vedas, Ramayana, Arthashastra, and Bhagavad Gita. These ancient scripts discuss concepts like dharma, leadership qualities, statecraft, and harmonious management. Modern management incorporates five core functions of planning, organizing, staffing, leading, and controlling, which have roots in ancient Indian terms for similar roles. Overall, the document argues that many principles of modern management can be traced back to ancient Indian scriptures.

1. The application of
ancient Indian
philosophy in modern
management

2. Introduction
 ‘As a set of activities directed at the efficient and
effective utilization of resources in the pursuit of
one or more goals.’
 Now a days the management that we are
following came from the ancient philosophy like
Ramayana, mahabharta, vedas and satra.
 The management skills, functions and objectives
are geeting improved from ancient management
to modern management.

3. Sources of ancient management

4. The Ancient View Of Management

5. Vedic
 The vedic declare that profits shall be earned only through fair means.
 The vedic wisdom can be deployed fruitfully to the contemporary business
organization
 The vedas mention about two types of wealth
i. prevalent wealth (vittam)
ii. Potential wealth (vedyam)

6. Ramayana
 The Ramayana contains lessons on strategic management, statecraft, good
governance and values based leadership.
 It focus on righteousness or dharma that is the rightful conduct
 According to lord rama the king must ensure that he appoints courageous,
knowledgeable and strong – willed men with high emotional quotient.
 The quality of advice is a critical determinant of quality of governance

7. Kautilya’s arthshatra (chanakya)
 Chanakya also known as Vishnu gupta and kautilya
 He was the leadership guru par excellence, who lived in third century Bc
 His book, kautilya arthshatra has 6000 sutras which have been classified
into 15 books, 150 chapters and 180 topic by chanakya himself.
 A strong foundation is the key to any successful business

8. Bhagwat Gita
 Bhagwat Gita was written thousands of year ago and enlightens us on all
managerial techniques leading us towards a harmonious and blissful state
of affairs.

9. The view on modern management
 Management is a process that involves integrating and coordinating work
efficiently and effectively
 It is an interdisciplinary field with contribution from various field
 Modern management theory has change the way of manager look at their
job.
 Throughout history there have been managers and they where called
leaders
 We can make strong and stable internal management strategies through
leaders

10. 5 management functions
Planning
Organizing
Staffing
Leading
Controlling

11. Application of ancient Indian philosophy
in modern management
Ancient
 Swami
 Amatya
 Janapada
 Durg
 Kosha
 Dandu
 Mitra
Modern
 Leader
 Manager
 Your market
 Head offices
 Finance
 Your Team
 Friend/consultant

12. Conclusion
 we conclude that, much of modern management principles existing today
can be derived from the body of knowledge of the ancient Indian
scriptures.