Approaches to Implement Spirituality in Business

Abstract:     
The pioneering ideology of neo liberalism; individual self-interest dominated much of the managerial discourse and practices. The consequences are dysfunctional to social, environmental and organizations' internal front. The root cause is narrow focus of organization and its management control system on profitability and short-term pursuits. Business competitiveness and sustainability is thus maltreated. It is argued that inculcating spirituality perspectives leads broader and long-term focus and fosters business competitiveness and sustainability. One approach to implementing spirituality is Practical Compassion, an approach drawn from seer, sages and ancient wisdom. The paper discusses the approach to implement spirituality with application of the popular performance measurement frameworks and models. The motivation is to conceptualize, develop and foster the use of spirituality scorecard, as a tool to implement spirituality. Practices of leading corporate of the world are painted to exemplify and demonstrate use of spirituality scorecard.

Number of Pages in PDF File: 19

Keywords: Spirtuality, Spirituality Scorecard, Performance Scorecard

Accepted Paper Series