Title: Chanakya - the oriental doctrine creator, the modern management 'guru': an examination of the context

Authors: S.P. Rath

Addresses: Taj Hotels, Resorts & Palaces (IHCL) – A TATA Enterprise, Institute of Hotel Management, Aurangabad, Maharashtra – 431001, India

Abstract: The modern world corporate management and corporate governance is dominated by the theories and practices of the US management system, Japanese management system and European management system. The Japanese have established the dynamics of human capital and knowledge management as the best practices for any organisation. The soundness of Japanese management is derived from its treasure. European and the US management system are known for their contributions in the industrialisation process of the world in the 19th and 20th centuries in the pre and post colonialism era. Indian oriental texts, gospels, practices, concepts, doctrines and arguments through logic are the sources of many Japanese management philosophies. India is a store house of pragmatic management and flawless applications in its ancient history phases. Proved and applied management of Chanakya during the Maurya Dynasty is historically evident as the best ever management practice India has followed. Arthasastra and Chanakya Sutras are the two gospels of Indian management, enough to establish (IMS) the Indian management system for the modern corporate world of 21st century.

Keywords: Arthasastra; Chanakya Sutras; Indian management systems; IMS; modern management; revival management; pragmatic management; value management; India; management guru; best practice.

DOI: 10.1504/IJBEM.2014.058245

International Journal of Business and Emerging Markets, 2014 Vol.6 No.1, pp.54 - 70

Received: 20 Nov 2012
Accepted: 07 Apr 2013
Published online: 16 Jun 2014 *

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