Enlightened Management: An Analysis of Buddhist Precepts Applied to Managerial Activity
Journal of Global Business Management, October 2007
30 Pages Posted: 10 Jan 2008 Last revised: 7 Apr 2008
This paper explores the relationship between Buddhist beliefs and the practice of management. In particular, the paper discusses the significance of the Four Noble Truths, the Eightfold Path, the Five Precepts, the concept of no-self, and the Dharma, or teachings of the Buddha as expressed in important sayings. The paper shows the impact these Buddhist concepts have on leadership, team building, personal development, conflict, and people management. The paper suggests that Buddhist teachings are important to an understanding of management as practiced in Buddhist countries and that such practices have more universal application and appeal.
Keywords: Buddhism, management, religion
JEL Classification: M12
Suggested Citation: Suggested Citation