SEVEN STRONG PILLARS OF ANY BUSINESS

A strong foundation is the key to any successful business.

Your vision, your commitment, your purpose - all from the basis for an
organisation.

They are the all-important pillars, the most essential part of any building.

In his groundbreaking Arthashastra, Chanakya lists seven pillars for an
organisation :

“The King, The Minister, The Country, The Fortified City, The Treasury, The Army
and The Ally are the constituent elements of the state”

Let us now take a closer look at each of them:

THE KING (The leader)

All great organisations have great leaders. The leader is the visionary, the
captain, the man who guides the organisation. In today’s corporate world we call
him the Director, CEO, etc. Without him we will loose direction.

THE MINISTER (The manager)

The manager is the person who runs the show - the second-in-command of an
organisation. He is also the person whom you can depend upon in the absence of
the leader. He is the man who is always in action. An extra ordinary leader and
an efficient manager together bring into existence a remarkable organisation.

THE COUNTRY (Your market)

No business can exist without its market capitalisation. It is the area of your
operation. The place from where you get your revenue and cash flow. You
basically dominate this territory and would like to keep your monopoly in this
segment.

THE FORTIFID CITY (Head office)

You need a control tower - a place from where all planning and strategies are
made. It’s from here that your central administrative work is done. It’s the
nucleus and the center of any organisation.

THE TREASURY

Finance is an extremely important resource. It is the backbone of any business.
A strong and well-managed treasury is the heart of any organisation. Your
treasury is also your financial hub.

THE ARMY (Your team)

When we go to war, we need a well-equipped and trained army. The army consists
of your team members. Those who are ready to fight for the organisation. The
salesmen, the accountant, the driver, the peon - all of them add to your team.