Summary line: The deal may make great money for employees and also the shareholders, but if it causes problems in the environment, ecology or natural settings, you need to think twice.
In any leader’s life, there’s often a moment when he has to make some critical decisions while striking a big deal. At times, he has to consider the deal’s financial impact, the morale impact (on employees) and also any future impact it may have on the market he currently holds.
During such difficult times, when he has to decide between the present and the future, Chanakya suggests that the leader consider the safety angle first.
Chanakya says, “He should not follow that policy by resorting to which he were to see the ruin of his own undertakings, not of (those of) the other party.” (7.1.24).
So, while going in for that big deal, always consider these aspects:
The financial aspect
Business is about wealth creation, wealth management and wealth expansion. As a leader, one should not miss this critical angle. Secure the wealth that you have created, manage the existing wealth and keep a focus on the wealth that can be created in future. Be non-emotional while dealing with this aspect. However, emotions cannot be left out all the time. This is where the next aspect comes in.
Dr Radhakrishnan Pillai is an Indian management thinker, author, and Founder of Atma Darshan and Chanakya Aanvikshiki. Dr Pillai has extensively researched Kautilya’s Arthashastra, the 3rd century BC treatise and incorporated it into modern management.
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