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LIfe and times
Works by Chanakya
Management Quotes by Chanakya

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  1. 1. Presented by: Bhupinder Kumar Roll No. : 40707011 Bhupinder Kumar
  2. 2. Why Complete Management Guru <ul><li>That were intensively practiced by the author </li></ul><ul><li>That are exhaustive and account for every conceivable situation that created a dynasty </li></ul><ul><li>Installed Chandra Gupta Maurya as King </li></ul><ul><li>Produced and inspired the best bureaucracy that India has known that worked for 136 years </li></ul><ul><li>Produced Emperor Ashok the Great </li></ul><ul><li>That is still relevant today !!! </li></ul>Bhupinder Kumar
  3. 3. Agenda <ul><li>Life and times </li></ul><ul><li>Principal Works </li></ul><ul><li>Chanakya in this Era </li></ul>Bhupinder Kumar
  4. 4. Life and Times <ul><li>Life time:350-275 BC </li></ul><ul><li>Personal : belonged to Kutila Gotra, born at/ son of Chanaka, named as Vishnugupta </li></ul><ul><li>Key Incident: Insulted by Nanda, King of Magadha </li></ul><ul><ul><li>Version 1- President of a charity trust </li></ul></ul><ul><ul><li>Version 2- Feast, asked to leave after started eating </li></ul></ul><ul><li>Enter Chandragupta, </li></ul><ul><ul><li>Version 1-Kusa Grass and Sugar Syrup </li></ul></ul><ul><ul><li>Version 2-Chanced upon Chandragupta, playing king with village companions, impressed, purchased him for 1000 panas </li></ul></ul><ul><li>Tutelage of Chandragupta: At Takshashila for 7-8 years: math, humanities , military arts and science </li></ul>Bhupinder Kumar
  5. 5. Works <ul><li>Artha Sastra </li></ul><ul><li>Chanakya Neeti </li></ul><ul><li>Chanakya Sutra </li></ul>Bhupinder Kumar
  6. 6. Works <ul><li>Artha Sastra </li></ul><ul><ul><li>6000 verses, mainly prose with about 380 shlokas, divided into 15 adhikaranas (books) and 150 Chapters and 180 prakaranas (sections dealing with one topic) </li></ul></ul><ul><li>Chanakya Neeti </li></ul><ul><ul><li>Neeti defies definition like common sense </li></ul></ul><ul><ul><li>Neeti is mother of all human sciences : aims at cultivation of virtues and wisdom and striking a balance between purusharthas Maxims in poetical form – 12 chapter 307 verses </li></ul></ul>Bhupinder Kumar
  7. 7. Sample of Verses related to Management Topics in ‘ Kautilya’s Arthashastra Bhupinder Kumar
  8. 8. Definition and the Basic elements of Management <ul><li>The means of starting undertakings (assignments/ projects) </li></ul><ul><li>The excellence of men and materials </li></ul><ul><li>Deciding suitable place and time </li></ul><ul><li>Provision against failure </li></ul><ul><li>Accomplishment of the work </li></ul><ul><li>  (1.15.42) </li></ul>Bhupinder Kumar
  9. 9. Totally self controlled professional leader/manager <ul><li>Acts in the long terms interest of the organisation </li></ul><ul><li>Resists the acting in self interest which conflicts with organisational interest </li></ul><ul><li>Does not succumb to pressure of interests against long term interests </li></ul><ul><li>Resists temptations to do good to the organisation at the cost of society , nations and stakeholders </li></ul><ul><li>Prepared to quit rather make decisions against conviction </li></ul>Bhupinder Kumar
  10. 10. Wealth Creation <ul><li>“ Wealth will slip away from the foolish person, who continuously consults the stars; for wealth is the star of wealth; what will the stars do? Capable men will certainly secure wealth at least after a hundred trails” </li></ul>Bhupinder Kumar
  11. 11. Corporate Governance <ul><li>“ In the happiness of the subjects lies the benefit of the king and in what is beneficial to the subjects is his own benefit” – (1.19.34) </li></ul>Bhupinder Kumar
  12. 12. Selection of Employees <ul><li>Appointment of trainees </li></ul><ul><li>A ‘trainable’ person is the one who has the following qualities   </li></ul><ul><li>1.Desire to learn </li></ul><ul><li>2.Effective listening ability </li></ul><ul><li>3.Ability to reflect (think from all angles) </li></ul><ul><li>4.Ability to reject false views </li></ul><ul><li>5.Intentness on truth not on any person </li></ul><ul><li>  (1.5.4-5) </li></ul>Bhupinder Kumar
  13. 13. Handling Employees <ul><li>Theory of Motivation </li></ul><ul><ul><li>Sama (counseling) </li></ul></ul><ul><ul><li>Dana (offering of gifts) </li></ul></ul><ul><ul><li>Danda (Punishments) </li></ul></ul><ul><ul><li>Bheda (creating a split) </li></ul></ul>Bhupinder Kumar
  14. 14. Role of a Consultant <ul><li>“ All undertakings should be preceded by consultation. Holding a consultation with only one, he may not be able to reach a decision in difficult matters. With more councilors it is difficult to reach decisions and maintain secrecy” (1.15.2,35,40) </li></ul><ul><li>Therefore sit and counsel with those who are matured in intellect ( 1.15.20-21) </li></ul>Bhupinder Kumar
  15. 15. Why is information required ? <ul><li>To know what is not known </li></ul><ul><li>Finding out the rest in a matter which is partly known </li></ul><ul><li>Definite strengthening of what has become known </li></ul><ul><li>Removal of doubt in case of 2 possible alternatives </li></ul><ul><li>(1.15.20-21) </li></ul>Bhupinder Kumar
  16. 16. SWOT Analysis <ul><li>“ After ascertaining the relative strength or weakness of powers, place, time, revolts in rear, losses, expenses, gains and troubles, of himself and of the enemy, the conqueror should march” (9.1.1) </li></ul>Bhupinder Kumar
  17. 17. Honesty is the best Policy… is it? <ul><li>One should not be too honest, as straight trees are cut first and honest people are screwed first. </li></ul>Bhupinder Kumar
  18. 18. Power… <ul><li>The world's biggest power is the youth and beauty of a woman </li></ul><ul><li>Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth </li></ul>Bhupinder Kumar
  19. 19. GURU MANTRA <ul><li>Never share your secrets with anybody. It will destroy YOU </li></ul>Bhupinder Kumar