The Panchatantra has been translated into 50 different languages in some 200 different versions. In this collection, the authors have tried to show what bearing these fables have on our leadership skills. They have highlighted some of the morals embedded in the fables themselves as well as provided modern insights at the end of each story. They have also occasionally provided relevant observations. Readers are encouraged to draw their own insights from these classic tales of wisdom. In the conclusion, the authors have stated the five leadership secrets of the Panchatantra as revealed in the five tantras and combined them with a typical modern management plan designed to bring the readers newly-learnt leadership skills to fruition.