The relationship between the book ‘ Art of War’ and modern business management is made clear. The first chapter of the book ‘ Art of War’ focuses on the need for reviewing the conditions related to a particular war (Griffith 1963, p. The appraisal of these conditions is necessary in order to understand all aspects of the war, including the potential risks (Griffith 1963, p. It is suggested by Tzu that five factors would be used for appraising the terms of a war: ‘ moral influence, weather, terrain, command and doctrine’ (Griffith 1963, The specific chapter of Art of Wart can be related to strategic planning, a business activity that is critical to the success of business plans.
Using the issues discussed in the above chapter of Art of War, a series of assumptions can be developed in regard to the characteristics of a successful business plan. According to the above, such plan would meet certain requirements: a) it should be carefully structured so that it covers all aspects of the business project involved (Hoskisson 2008), b) it should be ethical (Roney the term ethical in the above case would refer to two different elements of the plan: a) the goals for the achievement of which the plan is developed need to be ethical (Roney 2004); b) the means used for the achievement of these goals would be ethical; for example, the hours of work required for the achievement of these goals should be within the time frame set by the law (Roney 2004). In the second chapter of the book of Sun Tzu, reference is made to certain issues that need be taken into consideration when starting a war: a) the resources that will be required for supporting the war, in terms of chariots, troops, supplies and ammunition (Griffith 1963, p. 72), b) the funds required for supporting the war in all its aspects (Griffith 1963, p. 72), c) a victory needs to be achieved with no delay; fighting for a long time can exhaust troops, a fact that makes the victory more difficult (Griffith 1963, p. 73), d) the campaign, in general, should last a short time;
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