Business Management Essentials from Modern and Buddhist Perspectives

Business Management Essentials from Modern and Buddhist Perspectives presents a holistic approach to management by combining contemporary business functions with Buddhist teachings that have sustained the Buddhist community for over 2,500 years. The book uniquely covers 17 business functions through both modern and Buddhist perspectives, featuring 112 citations from the original Pali canon and 30 verses from the Dhammapada. Unlike other works on business and Buddhism, it specifically draws from the Theravada tradition that originated during Buddha’s time, avoiding inaccuracies found in other texts while using illustrative stories to demonstrate how poor management decisions can lead to failures. This distinctive work stands apart from previous books on business and Buddhism by providing in-depth analysis of individual business functions rather than general principles, offering organisations a path to develop management systems based on ethical and moral principles. Each chapter methodically demonstrates how Buddhist practices can enhance business effectiveness, creating mutual benefits for businesses and all stakeholders – including employees, customers, shareholders, suppliers, communities and governments – ultimately promoting organisational systems that contribute positively to humanity while ensuring business survival in today’s competitive environment.