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Asian Journal of Management
Year : 2017, Volume : 8, Issue : 3
First page : ( 424) Last page : ( 428)
Print ISSN : 0976-495X. Online ISSN : 2321-5763.
Article DOI : 10.5958/2321-5763.2017.00067.1

The work of indian legend chanakya in context with the modern management

Goyal Nitika1, Goyal Deepam2,*

1Department of Computer Science, Guru Nanak College, Budhlada – 151502, India.

2Department of Mechanical Engineering, National Institute of Technical Teachers’ Training & Research, Chandigarh – 160019, India.

*Corresponding Author E-mail: bkdeepamgoyal@outlook.com

Online published on 22 September, 2017.

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.

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Keywords

Modern Management, Chanakya, Ancient Management, Indian Management.

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