Buddhism And Business

Although Buddhism is known for emphasizing the importance of detachment from materiality and money, in the last few decades Buddhists have become increasingly ensconced in the global market economy. The contributors to this volume address how Buddhists have become active participants in market dynamics in a global age, and how Buddhists and non-Buddhists alike engage Buddhism economically. Whether adopting market logics to promote the Buddha’s teachings, serving as a source of semantics and technologies to maximize company profits, or reacting against the marketing and branding of the religion, Buddhists in the twenty-first century are marked by a heightened engagement with capitalism. Eight case studies present new research on contemporary Buddhist economic dynamics with an emphasis on not only the economic dimensions of religion, but also the religious dimensions of economic relations. In a wide range of geographic settings from Asia to Europe and beyond, the studies examine institutional as well as individual actions and responses to Buddhist economic relations. The research in this volume illustrates Buddhism’s positioning in various ways—as a religion, spirituality, and non-religion; an identification, tradition, and culture; a source of values and morals; a world-view and way of life; a philosophy and science; even an economy, brand, and commodity. The work explores Buddhism’s flexible and shifting qualities within the context of capitalism, and consumer society’s reshaping of its portrayal and promotion in contemporary societies worldwide.

All businesses want to do well, but can they also do good? Lloyd Field says yes, and moreover, no business can afford to focus simply on "doing well." Increasingly, public assessment of a business's worth must take into account its consideration of shared human values. That doesn't mean a business can't or should not compete; it means that investing in efforts to build a better society can, on many levels, be an asset. In this book, Field lays out the guidelines for putting social responsibility, both corporate and individual, into practice without sacrificing profits. Drawing from traditional Buddhist teachings, Field shows how, with attention to ethics, skillful means, and corporate responsibility, entrepreneurs and decision-makers can achieve new levels of happiness and security both inside the company and out, while acting as a powerful force for positive global change.

The second in a series of collected essays looking at Indian Buddhism.

Business and Buddhism explores alternative ways of leading in the aftermath of the Great Recession and the many stories of fraud and greed that emerged. The book explores shifts in business perspectives as more value is placed on soft skills like emotional intelligence and listening, and introduces the reader to the principles in Buddhist philosophy that can be applied in the workplace. Buddhist practices are increasingly understood as spiritual, rather than religious per se. In fact, Buddhism is alternately referred to as a philosophy or psychology. In this book, Marques explores the value of applying the positive psychology of Buddhism to work settings. She outlines the ways in which it offers highly effective solutions to addressing important management and organizational behavior related issues, but also flags up critical areas for caution. For example, Buddhism is non-confrontational, and promotes detachment. How can business leaders negotiate these principles in light of the demands of modern day pressures? The book includes end of chapter questions to promote reflection and critical thinking, and examples of Buddhist leaders in action. It will prove a captivating read for students of organizational behavior, management, leadership, diversity and ethics, as well as business consultants.

The author of "Stumbling Toward Enlightenment" puts a new spin on the principles of entrepreneurship, showing how to use Buddhism to build a business of integrity.

The challenge of the twenty-first century lies in developing a new type of economics that will save the earth rather than destroy it. Shinichi Inoue argues that while economics will continue to be based on the "free market, " the interpretation of the word "free" can be different from that normally accepted in the West, where freedom centers around the rights of the individual. In contrast, in the Buddhist view freedom ensues when all personal desires are mastered or superseded. In this way, a Buddhist approach involves understanding that economics and a moral and spiritual life are neither separate nor mutually exclusive. Buddhist economics avoids conflict with nature and operates in a way that is spiritually rich, socially beneficial, as well as environmentally friendly. In effect, it is an economics that shows us how to move beyond the unfortunate compartmentalization of our lives symptomatic of the present age to a more holistic vision of life. Drawing on his experience as the head of a major Japanese bank, Shinichi Inoue shows how the management of large enterprises can be reconciled with the compassionate teachings of Buddhism. Throughout this book, he also examines successful companies where innovative management outlooks have been adopted, and he illustrates his stimulating approach to business with abundant anecdotes.

The now classic work on Buddhism and business from the foremost American teacher of Tibetan Buddhism—reissued in a tenth anniversary edition with compelling case studies that showcase its principles in action around the globe. With a unique combination of ancient and contemporary wisdom from Tibetan Buddhism, The Diamond Cutter presents readers with empowering strategies for success in their personal and professional lives. The book is presented in three layers. The first is a translation of The Diamond Sutra, an ancient text of conversations between the Buddha and his close disciple, Subhuti. The second contains quotes from some of the best commentaries in the Tibetan Buddhist tradition. And the third layer, the main text, is the practical application of Buddhist philosophies to the world of business, based upon Geshe Michael Roach's seventeen-years of experience as an employee of the Andin International Diamond Corporation, a company that grew during his tenure from four employees to a world leader in the jewelry industry. Roach’s easy style and spiritual understanding make The Diamond Cutter an invaluable source of timeless wisdom for those familiar or unfamiliar with Tibetan Buddhism. His focus on practical personal and business applications has resonated with and changed the lives of hundreds of thousands of individuals the world over since its original publication.