Corporate Chanakya Book Review and Summary
Are you a newbie in the corporate world? Do you want to start your own business? Are you facing obstacles while running your new start up? If your answer to one of these above questions is yes, then you have come to the right place. Because here I have reviewed and given the summary of the famous book Corporate Chanakya written by Radhakrishnan Pillai. Kautilya or Chanakya was well known for his strategies in creating and running a kingdom. He was also known as the king maker. He has created 6000 sutras(laws) and classified into 15 books, 150 chapters and 180 topics by himself. The author of this book, Mr, Radhakrishnan Pillai, studied the books thoroughly and implemented these sutras in his own life and business. And he got tremendous results. Then he wrote this book in simple language, so that every one can understand and utilize the laws.
Praise For The book :
Age-old formula for new-age business.The Hindu
Connecting spirituality and management.Deccan chronicle
Keeping things simple, relevant, contemporary, the book covers almost every situation a leader may come across.Outlook Money
Right form fresher to a top management honcho, everyone will be able to refer to Corporate Chanakya.The New Indian Express
The trend of trawling mythology and history for nuggets of corporate wisdom got a boost with Corporate Chanakya.DNA
Ancient wisdom to modern “gyan”.Business Herald
About Author :
Radhakrishnan Pillai is the best selling author of Chanakya’s 7 secrets of leadership, Chanakya in you, Katha Chanakya, Thus Spoke Chanakya and Chanakya Neeti. He is an author and philosopher. He has got a Master’s degree in sanskrit. He has also done PhD in Kautilya’s Arthashastra. A renowned management consultant and speaker, he is the Deputy Director of the Chanakya International Institute of Leadership Studies (CIILS) at the University of Mumbai. He tweets using the handle @rchanakyapillai and is also active on major social media platforms.
His Popular Books :
Radhakrishna Pillai has devoted his whole life studying Chanakya and Chanakya Neeti. He has written several books on him and his thought process. Some of the names of the books are given below.
- Corporate Chanakya.
- Chanakya in You : Adventures of a Modern King Maker.
- Chanakya in Daily Life.
- Chanakya’s Daily Secrets of Leadership.
- Corporate Chanakya on Leadership.
- Inside Chanakya’s Mind.
- Chanakya in the Classroom.
- Chanakya Neeti.
Who is Chanakya ?
Chanakya was also known as Kautilya and Vishnugupta who was born in 5th Century B.C. He was considered to be a rare mastermind who became an expert in varied and specialized fields like economics, management, politics, leadership, law, governance, military tactics, warfare, accounting systems and several others. The 6000 sutras have been classified into 15 books, 150 chapters, and 180 topics by Chanakya himself. He brought down the Nanda dynasty and established his able student chandragupta Maurya on the throne as Emperor. Hence he is also known as “kingmaker”. As a political thinker, he was the first in human history, to visualize the concept of a “nation” for the first time. During his time, India was split into various kingdoms. He brought them all together under one central governance, thus creating a nation called “Aryavartha”, which later became India. He documented his lifelong work in his book Kautilya’s Arthashastra and Chanakya Niti.
Part 1 : Leadership
You need intellectual power, man power, financial power and power of enthusiasm and morale in today’s corporate world. Always remember that power brings responsibilties. The greatest danger for a king or leader is revolt. Revolt to a business leader means dissatisfied employees, shareholders and stakeholders. There are also external threats from suppliers, customers, and clients. To remain powerful, you need to understand the needs of the market. Along with that remember old clients while making new ones and solve every problem immediately.
You also need to know the art of punishment. The CEO or the leader of any organization has a tough role to play. He has to tactfully get the work done by his team. Dealing with employees is not an easy task. He has to consider their problems, understand where they are stuck, and solve their problems immediately so that work doesn’t suffer. At the same time, he has to be disciplinarian. He should be very flexible with the employee, but he should not loose focus of the goals and priorities of the organization – the reason for which he has been appointed. Always remember “The king server with rod (punishment) becomes a terror. A king with a mild rod is despised. The king just with the rod is honoured.”
It is easy to get to the top, but it is very difficult to stay there. Once you are in the leader’s position, the whole dynamics of the game changes. The priority now becomes to get everything right and maintain your position. To avoid your downfall, Chanakya advises to control over the senses, which are motivated by training in the sciences, should be secured by giving up lust (kaam), greed(Lobha), Pride(Mana), arrogance(Madh), and over excitement(Harsha). If you are a leader of an organization, you have to take the lead inlaying down the rules. But before you do that keep the following in mind. You need to be sure about why these rules have to be followed. As a leader, it is important to have a clear vision for the organization. When you are making a policy, take into consideration the benefit of all and not just that of your own. And remember that the rules and laws should fit all.
The office is an integral part of any organization. “The leader should cause the treasury and the army to be collected in one place, in the fortified city, in charge of trustworthy men.” The head office is from where the treasury is monitored. Only if the treasury is well managed, can other things be directly controlled. An army includes all the employees- right from the CEO to the peon and the driver. And in every organization there are key people who run the show. They are the lieutenants to the commander. Such people should be trustworthy and should be able to trust others. These key positions – decision makers – are the backbone of any business unit. So in the above verse, the strategy according to chanakya is that the leader should control the treasury (finance) and army (people) from one place – the fortified city (the office/plant) – and let trustworthy men (managers) run the show.
Qualities of a Leader :
Total Alert : The leader must be alert totally. It is the primary responsibility of a leader to continuously check all important data as well as the activities in one’s organization. He has to be very alert about the movements of his employees. “Wealth will slip away from the foolish person, who continuously consults the starts: for wealth is the star of wealth; what will the stars do? Capable men will certainly secure at least after a hundred trials.”
Multi Tasking : In an office, various departments work simultaneously at the same time. Each of them is specialized in a particular area. Sales, accounts, marketing, HR, R&D and many other processes go on continuously. These multiple tasks are carried out not only by various people, but at various places. Some of the work happens inside the office, while many other tasks are carried out outside the office. The head of the organization needs to set up a good reporting system. In corporate language this is technically called MIS (Mangement Information System). The decision makers have to be trained to report all activities by using the MIS.
Start Now : Don’t wait for any golden moment to start what you always wanted to do. While stating any project or assignment, a few tips from the Arthashastra would be helpful. Starting doesn’t mean just getting excited. You need to have a direction. Take a piece of paper and write down a plan. Begin with the end in mind. If you are not sure if your ideas are practical, then ask an expert for advice. Then work out your plan. Don’t spend too much time trying to make your plan perfect.
We require the help of experienced people while undertaking various projects. However, even though we want guidance from out seniors, we don’t want them to decide how we should do our work. Freedom coupled with guidance is what every employee needs. Each employee has to be nurtured with the help of a senior person who is experienced in that particular skill. You should accept his authority. Training and discipline are acquired by accepting the authoritativeness of the teachers in the respective fields. You should be constant association with elders in learning for the sake of improving his training, since training has its root in that. Keep learning and applying.
Human resource departments in modern corporations are focused on how to motivate the employees or guide them to perform better and increase productivity. You can use Sama, Dana, Danda, and Bheda. First use Sama or Consultation. Have a conversation with the employee and get a clear understanding of his side of the story. Then suggest various solutions for the particular problem. If this doesn’t work, then use Dana or Reward. Employees work for wages and salaries. This is the key motivating factor that ensures they stay on in that organization. The next thing is honour. Therefore, Chanakya suggests rewarding employees sufficiently in order to get work done. If this also doesn’t work then use Danda or punishment. If rewards and incentives can’t bring them out of their lethargic state, then this is a serious situation. Therefore, a stronger step – punishment is required. It can be a warning, a suspension, a cut in salary, or even a demotion. If all the above three steps doesn’t work, the the final step is Bheda or split. Because it is concluded that the organization and the employee can’t work together any further. It is best to part ways for the benefit of both.
Rome was not built in a day. Like that no one becomes successful overnight. It takes time. So read the book thoroughly and try to understand each and every sutra provided by the mastermind Chanakya. Then slowly try to implement these laws in your personal as well as professional life. I am pretty much sure that one day you will also be able the taste the success. If you want to buy the Corporate Chanakya Book, then the amazon link is given. Purchase the book and read it at least once in your life. Good Luck. Have a wonderful life.