In Book 2 chapter 18 of Arthashastra, there is a detailed classification of the weapons used by an army. The armoury-in-charge is given instructions to take care of these weapons in order to fight the battle well. The knowledge of the weapons and the skill to use them are the key aspects to win a war.
What are the weapons a leader of an organisation should have before he goes out to a battle? Let us look at a few important aspects
Knowledge and information
Today’s economy is slowly becoming a knowledge economy. The more you know and more informed, the better equipped you are to fight. If you do a study of various industries, you will find that the companies that are on the top are those which have focused on knowledge utilisation, research and development and also investments into knowledge assets. This also helps you to plan your battle well.
In today’s world that is getting compressed, effective use of technology is the solution to speed up communications and transactions. Make your organisation techno-savvy. Spend time to investigate and understand the latest technology available in the world. Use them and you will find that you have a cutting edge over your competitors. It also reduces overheads in a big way. Many small countries that have small population yet powerful economies have used technology for higher productivity.