Reviving Ancient Wisdom in Modern Decision Making: Exploring the Aanvikshiki Framework of Kautilya's Arthashastra
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Abstract
This qualitative research explores the Aanvikshiki framework derived from Kautilya's Arthashastra and its application in modern decision making. The study aims to examine the core principles and concepts of Aanvikshiki, explore its ethical considerations, analyze its alignment with modern decision-making theories, and investigate its application in organizational decision making. The research begins with an introduction highlighting the background and significance of the study, along with the research objectives and research question. Theoretical framework section provides an overview of Aanvikshiki and its philosophical foundations, emphasizing the relevance of Kautilya's Arthashastra in the context of decision making. It also explores the alignment of Aanvikshiki with modern decision-making theories and models, highlighting the enduring principles and wisdom that can be drawn from this ancient framework. The research methodology section explains the qualitative research approach, rationale, and data collection methods, such as document analysis and textual interpretation. It further describes the sample selection process and outlines the data analysis techniques employed to derive meaningful insights from the qualitative data. The subsequent sections delve into Aanvikshiki in Kautilya's Arthashastra, examining its core principles, ethical considerations, and moral values. The decision-making processes and strategies advocated by Kautilya are analyzed to provide a comprehensive understanding of the framework's application. Moving forward, the study explores the application of Aanvikshiki in modern decision making through the examination of case studies and practical examples. The outcomes and impact of incorporating Aanvikshiki in decision-making processes are analyzed, along with the identification of key challenges and limitations faced in the modern context. The research explores the integration of Aanvikshiki into organizational decision making. It investigates the potential benefits and implications of incorporating Aanvikshiki, emphasizes the role of leadership and organizational culture in promoting its principles, and provides recommendations for effectively incorporating Aanvikshiki into decision-making frameworks. Ethical considerations and challenges associated with Aanvikshiki in decision making are discussed, including potential conflicts and dilemmas that may arise. Strategies for addressing ethical challenges and ensuring ethical decision making are also explored, offering practical insights for organizations seeking to integrate Aanvikshiki.