Chanakya - Check points for a stable organisation...

Name of paper: MUMBAI MIRROR (Times of India)
Date: Monday, 26th Feb, 07 (page 22)

CHECK-POINTS FOR A STABLE ORGANISATION

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- Radhakrishnan Pillai​

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(This weekly column will explore the relevance and application of Principles and Strategies of Chanakya as discussed in his 3rd Century BC treatise, Kautilya’s Arthashastra, in Today’s Corporate World)​

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Every one aims for the growth of their organisation: Getting more projects and sales orders, increasing turnovers and employing more people are always the top priorities of business heads.

But, before we all begin to take the big leaps, we have to make sure that our grounding is strong and that we are stable within ourselves.

Chanakya says,

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“The policy, following which he were to see neither the advancement nor the decline of his own undertakings, constitutes stable condition” (7.1.28)​

What has been achieved should not be lost. Even companies are now realising that, as they march ahead, their support system should be in place to conquer bigger markets. That’s because it’s important to keep your house in shape before you invite guests or alliances.

• FINANCIAL STABILITY

Ensure that the cash flow into the organisation is regular and long term. Outstandings have to be reduced. Collections from customers should be in time. A good banking and accounting system should be in place. Monitor finance reports regularly to keep an eye on these.

• PEOPLE STABILITY

A company may be getting more orders, but what’s the use if existing employees are shifting jobs? Stability of people has to be ensured. It’s a major challenge to all HR heads that, before they recruit new people, their existing ones should not leave. It’s a case of ensuring that the bucket you are filling with water has on hole in the bottom.

• LEARNING STABILITY

It’s a world of knowledge- workers now. It’s important to maintain a steady search for knowledge. Continuous innovation and upgrading to latest changes is the secret of success of all great companies. The decline starts when one thinks he knows it all. Learn from others and your own experiences.

• VISION STABILITY

To fulfill the above requirements, a stable vision is very important. Before anyone starts an organisation, it’s important to have a clear vision and a mission. If the company’s sole motive is only to earn profits, the future is going to be dark. It is also important to impart the vision of the leader to every single employee to inspire them to work. Only when the ‘inspiration’ is maintained will the organisation grow.

You have to always remember to think long-term instead of short-term. Our Indian scriptures use two words to indicate this. Shreyas – the path of the good, which is initially difficult but a winner at the end. Preyas – the path of the wrong, which initially seems comforting but ruins us in the future. So just take a deep breath, choose the right path and keep walking…
(The author is the director of ATMA DARSHAN, a company that provides services, including spiritual tours. He is a management consultant and trainer. Those interested in having his sessions in their respective organisations can contact him on +91-9820374796 / 9821152537 or mail to [email protected])

 

[krutikasatghare]

thanks a lot gud information very useful