In this chapter, we explore Xenophon’s philosophy of management and identify nine dimensions of business management, as well as the competencies that good management requires. The scientific contribution of this chapter does not only consist in the fact that this is the first publications in which Xenophon’s philosophy of management is systematically analyzed. Historical analysis can also help to question the self-evidence of our contemporary conceptualization of management. Xenophon’s philosophy of management (...) enables us to criticize the contemporary focus on profit maximization and to articulate an intrinsic relation between business and society; to criticize the contemporary disconnectedness of business management and to develop a broader set of individual competencies and know-how that is required for business managers; to criticize the contemporary focus on management and control; and to rehabilitate the role of business management as ability and capacity that involves know-how, actual engagement, and virtuous competencies. Finally, this concept of management challenges contemporary conceptualizations of the differences between private and public management in political philosophical debates. (shrink)

This essay reviews the recently released Handbook of Philosophy of Management, using it as a jumping off point to explore some potential confusions in contemporary philosophy of management. The handbook itself, comprising 58 articles and some 1,000 pages, is a milestone for the field. At the same time, it brings a few problems into sharp relief. I argue for more clarity about the distinction between the philosophy of management and the philosophy of (...) class='Hi'>management research. I make the case that logic as a de facto method for conducting inquiry may or may not be useful, while logic as a de jure standard for evaluating its conclusions is indispensable. I develop the view that neither management nor management studies is properly considered a science, or even an applied science. I contend that the seminal contributions of Alasdair MacIntyre are unjustly neglected by the field. And I advance the thesis that perhaps the leading issue for the philosophy of management today is the question of the purpose of management, pointing in some suggested directions for answering the question. (shrink)

This article addresses the difficulty in pursuing a philosophical engagement with management without falling into the trap of scientism. It also explores the option to turn management theorists away from science to seek insights from technology. The article is organized in four parts: a preliminary discussion on management from a philosophical viewpoint, a crucial distinction between philosophy of management as a mode of inquiry and a field of study, an analysis of the risk of scientism (...) in the current philosophical work on management, and an initial inspection across the waters separating management and philosophy of technology. (shrink)

We attempt in this paper to define a new field of study for philosophy: philosophy of management. We briefly speculate why the interest some managers and management writers take in philosophy has been so little reciprocated and why it needs to be. Then we suggest the scope of this new branch of philosophy and how it relates to and overlaps with other branches. We summarise some key matters philosophers of management should concern themselves (...) with and pursue one in some detail. We conclude with an invitation. (shrink)

Using an interdisciplinary focus, this book combines the research disciplines of philosophy, business management and sustainability to aid and advance scholar and practitioner understanding of the United Nations' Sustainable Development Goals (SDGs).

This article presents an overview of systems thinking from the mid-20th Century to the present. Systems thinking is presented as an interdisciplinary approach to managing complexity in organisations. It is characterised as holistic, dialogical and pluralistic. The philosophical interpretation of the practice of systemicintervention is increasingly important to understanding the reflexive and ethical nature of this approach to management. The article assesses the prospects of systems thinking becoming a mature philosophy of management by focusing on the quality (...) of relationships that it facilitates. A number of outstanding philosophical questions requiring further research are identified in conclusion. (shrink)

This article presents an overview of systems thinking from the mid-20th Century to the present. Systems thinking is presented as an interdisciplinary approach to managing complexity in organisations. It is characterised as holistic, dialogical and pluralistic. The philosophical interpretation of the practice of systemicintervention is increasingly important to understanding the reflexive and ethical nature of this approach to management. The article assesses the prospects of systems thinking becoming a mature philosophy of management by focusing on the quality (...) of relationships that it facilitates. A number of outstanding philosophical questions requiring further research are identified in conclusion. (shrink)

Despite the fact that management programmes provided by African universities are based on Western ontology, there exists a philosophy of management that is uniquely African. It is necessary to discover, understand and nurture this philosophy in order to explain why African managers behave in the ways they do. The African philosophy of management is premised on African traditional cultures, which have a strong influence on the organisational culture of African organisations. For example, despite many (...) Africans undertaking university degrees based on Western ontology at home and overseas, they inadvertently revert to African management philosophy in their (African) organisations. Consequently, the African philosophy of management significantly affects how African managers manage African organisations. The location of the author’s research for this paper is the neighbouring East African nations of Kenya and Tanzania. Although the limitation of the research to these two countries means that the research findings cannot be generalised to other African economies, it may nevertheless point to possible patterns of African management philosophy to be found in other economies of sub-Saharan Africa. Arguably, African management philosophy plays a key role at different levels in African organisations, with both positive and negative consequences. This paper explores such a role and its consequences. It also examines its implications for socio-economic development and social advancement for African peoples. It is widely accepted, for example, that African institutions and organisations are very corrupt. Africans do not have a monopoly on corruption, but a question of interest for this paper is whether the African philosophy of management contributes to corruption in the two countries on which this paper focuses, and what inferences may be drawn for other economies in sub-Saharan Africa. This paper includes both conceptual and field research in its exploration of the African philosophy of management. It is premised on the view that, while the Western world may not recognise or even think about an African philosophy of management, such a philosophy does exist. The effective management of African private and public organisations is not possible, if the African philosophy of management is not understood and accommodated in the management of African organisations. An understanding is critical for socio-economic development and social advancement, especially for Africans in Kenya and Tanzania, and also for the rest of sub-Saharan Africa. (shrink)

In this article, we philosophically reflect on the nature of business management. We move beyond the political paradigm of the conceptualization of management in order to lay the ground for a philosophy of business management. First, we open-up the self-evident conceptualization of business management in contemporary management practices by comparing ancient and contemporary definitions of management. Second, we develop a framework with six dimensions of the nature of business management that can guide (...) future philosophical and empirical work on the nature of business management: management control, people management, asset management and entrepreneurial action, management as participation, management as responsive action and management as constituting meaning. (shrink)

This article analyses the first 20 years of the journal Philosophyof Management to provide insight into how the journal has developed and delineated the field of philosophy of management. Our content analysis uses an inductively developed combination of thematic and frequency analysis. We present our findings in a descriptive tone, inviting scholars to reflect upon how the journal has shaped the field over the past two decades, and to trigger a discussion on a more deliberately inclusive future (...) shaping of the field. (shrink)

Electronic inspection copies are available for instructors What and who is business for? What exactly is work and how can we distinguish it from other activity? Do businesses operate along different ethical lines from individuals? This clear and accessible text introduces key philosophical concepts and ideas and applies them to fundamental issues in management and organizations. Written for business and management students with no previous knowledge of philosophy, this text will lead readers to question the basic assumptions (...) widely made about business and management. An Introduction to the Philosophy of Management is packed with case studies and examples which provoke thought and discussion. Coverage includes crucial topics such as business ethics, culture and leadership. Key features: - Boxed definitions of key concepts - Real life case studies and examples - Questions for Reflection - Further reading This text is essential reading for any business and management student wanting to think creatively. (shrink)

This article is a transcript of an interview with David Shaw, the author of the book, “An Ancient Greek Philosophy of Management Consulting: Thinking Differently about its Assumptions, Principles and Practice”, published with Springer in 2022. It discusses his reasons for looking to the ancient Greek philosophers for new ideas about management consulting, and how his papers for this journal have contributed to the development of the book.

Phenomenological, process-based and post-Marxist approaches have stressed the immanent nature of the ontogenesis of our world. The concept of performativity epitomizes these temporal, spatial and material views. Reality is always in movement itself: it is constantly materially and socially ‘performed’. Other views lead to a pre-defined world that would be mostly revealed through sensations. These transcendental stances assume that a subject, although pre-existing experience, is the absolute condition of possibility of it. In this paper, we develop another view of performativity, (...) one that re-introduces transcendence in the analysis but sees in it something dialogical to the process itself. We draw from the notions of visibility-invisibility and continuity-discontinuity in order to show how everyday activity both performs and makes visible the world. From that perspective, modes of visibility appear as conditions of possibility of performativity itself. We draw some implications for the conceptualization of management practices. (shrink)

This book presents a selection of articles with focus on the theoretical foundations of business ethics, and in particular on the philosophy of management and on human rights and business. This implies identifying and discussing conflicts as well as agreement with regard to the philosophical and other foundations of business and management. Despite the general interest in corporate social responsibility and business ethics, the contemporary discussion rarely touches upon the normative core and philosophical foundations of business. There (...) is a need to discuss the theoretical basis of business ethics and of business and human rights. Even though the actions and activities of business may be discussed from a moral perspective, not least in the media, the judgments and opinions relating to business and management often lack deeper moral reflection and consistency. Partly for this reason, business ethicists are constantly challenged to provide such moral and philosophical foundations for business ethics and for business and human rights, and to communicate them in an understandable manner. Such a challenge is also of scientific kind. Positions and opinions in the academic field need to be substantiated by thorough moral and theoretical reflection to underpin normative approaches. Far too often, business ethicists may agree on matters, which they approach from different and sometimes irreconcilable philosophical standpoints, resulting in superficial agreement but deeper-lying disagreement. In other cases, it may be of high relevance to identify philosophical standpoints that despite conflicting fundamentals may arrive at conclusions acceptable to everyone. (shrink)

A student's future as a knowledge worker (one who "thinks for a living" with the task of problem solving) is the starting point of this book. With this in mind, the book combines a review of philosophical positions and problems with practical examples and perspectives gained from everyday challenges faced by knowledge workers in their businesses and organizations. Through the use of summative chapters, highlighted key concepts, questions for reflection, and illustrative examples on how to work with the theories presented, (...) the book provides a clear and accessible introduction to this challenging subject. Philosophy of Science primarily addresses students studying language, communication, marketing, economics, and management. However, the survey of the theoretical schools of thought - as well as the discussions on research ethics and the role of research in society - will be equally relevant for other students in the humanities and the natural and social sciences. (shrink)

This article distinguishes between philosophy for managers and philosophy of managers. Philosophy for managers is prescriptive advice concerning the content of wisdom in practical judgment and action. Managers in action rely on a self-constructed operational code – a concept borrowed here from earlier literature – that unavoidably emphasizes turf, reputation, and coalition in career advancement. The organization is a political arena for decisions, resources, and career opportunities. While elements of operational philosophy are addressed in formal (...) class='Hi'>management education, treatment is haphazard and fragmented in a way that leaves managers to develop a personal operational philosophy. How managers address these elements depends on whether they are idealists, realists, or social darwinists in personal philosophy. The author develops these three options as illustrative categories of operational codes for managers. (shrink)

Trying to introduce post-graduate management students to the world of philosophy is indeed no easy task. Not only is there a shortage of formal schooling in philosophy amongst business school or business management departmental academic staff, but there is resistance from many sides. Fellow academics question the necessity of such ‘wishy-washy’ issues for business and management students and institutional challenges make it difficult to create a syllabus that falls within the expertise area of another academic (...) department. This paper tracks the development of a postgraduate module introducing students to philosophy and philosophical thinking, but this is not done under the auspices of a Philosophy department. Rather, it is the initiative of a Business Management department. The paper tracks the whole journey of how the module History and Philosophy of Management came to being under the auspices of the Department of Business Management at UJ and presents an argument for an increased focus on and sensitivity toward philosophy and the bearing it has on management research and practice. (shrink)

While much has been written on phronesis, there is a dearth of empirical work on the how the concept can be developed and implemented in practice, particularly in an educational setting. To address this problem, characteristics of phronesis were identified through a review of current literature and an examination of related themes from a special issue of the Philosophy of Management Journal on the philosophy of innovation. The implementation of the concept was investigated using an illustrative study (...) of ongoing work aimed at embedding phronesis in an innovation educational module. The study will contribute to the nascent debate by providing evidence of embedding Aristotle’s phronesis in the curriculum of future managers, in this case Engineering and Business students, working in cross-functional teams. A schema is proposed, based on concepts distilled from the literature and the illustrative study, to examine whether an educational project cultivates phronesis among the students. (shrink)

This book reflects on the nature of business management to contribute to the development of a philosophy and ethics of management. It engages in conceptual engineering of management to delineate the phenomenon of management and, as a result, to open a new perspective on management beyond its self-evident conceptualization. -/- After questioning the self-evident concept of management, the author develops a philosophy of management with six dimensions of the nature of (...) class='Hi'>management: management as participation; management as resistance and responsive action; management as constitution of meaning; management as politico-economic governance; management as non-reductive stakeholder engagement; and management as epistemic insufficient entrepreneurship. These six dimensions of management are taken as points of departure to develop an integrated concept of business ethics, an individual competence for ethical business management, and a concept of ethical codes for corporate social responsible behavior. This new conception of philosophy of management and business ethics can guide future philosophical and empirical work on the nature of management. -/- The Critique of Management is an excellent resource for researchers, students, and professionals interested in philosophy of management, business ethics, and corporate social responsibility. (shrink)

The body of work pre s ented in this issue and the next (Volume 12, Issue 1) arose from a question both editors had separately harboured for some years, namely: what role can philosophy play in the practice and conceptualisation of management? Contemporary discourses within the academic discipline of management have tended to err on the side of science, either in the striving for replicative and iterative advancement in the proof-laden establishment of ‘facts’ or, what is worse (...) perhaps, the iterative and replicative containment of knowledge within languages or discourse that force the writer and the reader into narrow confines of thought â€" and thus narrow lanes by which to survey the field of enquiry. Indeed the extent of one’s vision itself becomes constrained such that only those fields readily open to view from the confines of the discourse’s perspective are ever regarded as legitimate; science has a remarkable degree of parochialism built into its very axiology. Unfortunately so too has logic, the ultimate science of philosophy. As the Cambridge mathematician and Harvard metaphysician A.N. Whitehead concluded, “the final outlook of Philosophic thought cannot be based upon the exact statements that form the basis of the special sciences. The exactness is a fake”. (1941: 700) Never has Whitehead’s assertion been more true and yet more disregarded. (shrink)

The aim of this article is to describe the significance and key challenges of philosophy for managers as perceived on the basis of a particular understanding of philosophy and my personal experience as a practitioner.The paper will be more visionary than argumentative. I recognise there are important alternative approaches but I will not engage in detailed analysis of them.2Drawing heavily on my own experience, the paper will present an outline and meta-philosophy of philosophical practices that have proven (...) useful in actual interface with practising managers. (shrink)

This book demonstrates how the conceptual resources of contemporary French philosophy from the early 20thCentury to the present day can be applied to give us new perspectives on business ethics and the ethics of organizations. In providing an overview of possible applications,the book covers a wide range of philosophers, philosophical movements and perspectives, and provides detailed analyses of core materials relevant to business ethics. It explores and analyzes French philosophy, taking into account phenomenology,existentialism, French epistemology, structuralism, post-structuralism,deconstruction and (...) postmodernism as well as recent discussions of philosophy of organizations and management. Each chapter contains suggestions for further reading and educational illustrations of possible applications to the mainstream business ethics and ethics of organization literature. (shrink)

In this issue we combine four stand-alone articles with another four articles that form part of a special theme. In doing so, we stretch a very broad spectrum, from micro-level behaviour to metaphysics.

Cet article concerne des usages spécifiques de la pensée de Spinoza, étudiés à travers une sélection d’ouvrages concernant le développement personnel et la philosophie du management. Ces textes donnent lieu, par un discours de vérité et d’autorité, à la formulation d’un spinozisme justifiant, philosophiquement, les idéaux types du néolibéralisme et faisant de Spinoza le père de ce modèle social, politique et économique. Ainsi, d’une part, les auteurs veulent convaincre les individus qu’ils doivent se concentrer sur leurs affects, en postulant (...) que le bonheur et la liberté ne peuvent être atteints que par un travail sur soi. D’autre part, cela signifie minimiser l’influence d’une extériorité sociale qui est, pourtant, cruciale dans la philosophie spinozienne. Cet article étudie ce qui a été retenu du corpus spinozien, pour le faire correspondre au néolibéralisme et mettre en œuvre ces pratiques du développement personnel et de la philosophie du management. Nous pointons, aussi, les limites de cette interprétation singulière de Spinoza, tout en nous questionnant sur la pertinence de ce type d’adaptation de sa philosophie à l’époque contemporaine. (shrink)

It is now widely acknowledged that play is central to our lives. As a phenomenon, play poses important questions of reality, subjectivity, competition, inclusion and exclusion. This international collection is the third in a series of books that aims to build paradigmatic bridges between scholars of philosophy and scholars of play. Divided into four sections, this book sheds new light on the significance of play for both children and adults in a variety of cultural settings. Its chapters encompass a (...) range of philosophical areas of enquiry such as metaphysics, aesthetics and ethics, and the spectrum of topics explored includes games, jokes, sport and our social relationship with the internet. With contributions from established and emerging scholars from around the world, The Philosophy of Play as Life is fascinating reading for all those with an interest in playwork, the ethics and philosophy of sport, childhood studies or the philosophy of education. (shrink)

The methodology of this paper is documentary, compiling textbooks and scientific articles related to Argentine scientific history, mainly referring to CONICET. The purpose is to show that a complete epistemological study cannot be done without giving an account of its sociological and historical context, in this case, specifically referred to the management of science. The perspective of this paper is more philosophical than historical, doing discourse analysis and interpretation. Management, a sociological element, has a close relationship with science, (...) and its study is part of epistemology. So, first, we must be careful to use the classification of basic and applied science in order to prioritize the latter with funding. Secondly, science should be autonomous but not independent from society and the market in which it is embedded, and the private sector should be harmonized with the public sector as regards scientific production. Third, betting on scientific production by Argentina helps demystify the classification of developed and underdeveloped countries, or the first and the third world. Fourth, in the management of science, university plays a key role, so management of university and the centralized management of the scientific bodies should be harmonized. Fifth, regarding the strengthening of the human component, subsidies offering should be balanced with the professionalization of research based on dedication. La metodología de este ensayo es documental, recopilando libros y artículos científicos que hacen referencia a la historia científica argentina, principalmente referida al CONICET. El propósito es mostrar que no puede realizarse un completo estudio epistemológico sin dar cuenta de su contexto sociológico e histórico, en este caso, precisamente referido a la gestión de la ciencia. La perspectiva del trabajo es más filosófica que histórica, realizando análisis del discurso e interpretación. La gestión, elemento sociológico, tiene una relación estrecha con la ciencia, y su estudio forma parte de la epistemología. Por lo que, en primer lugar, hay que cuidarse de utilizar la clasificación de ciencia básica y aplicada para priorizar con financiamiento a la última. En segundo lugar, hay que autonomizar pero no independizar la ciencia de la sociedad y el mercado en los que está inmersa, así como armonizar la iniciativa privada con la pública en el ámbito de la producción científica. En tercer lugar, apostar a la producción científica por Argentina contribuye a desmitificar la clasificación entre países desarrollados y subdesarrollados, o del primer o tercer mundo. En cuarto lugar, en la gestión de la ciencia, juega un papel clave la universidad, por lo que habría que armonizar la gestión de la universidad y de los organismos centralizados en la administración de la producción científica. En quinto lugar, en relación al fortalecimiento del componente humano, debería equilibrarse el ofrecimiento de subsidios con la profesionalización de la investigación en función de la dedicación. (shrink)

Our purpose is not to define a particular philosophy of management but rather to demonstrate some of the ways in which philosophy — ethics, metaphysics, epistemology, logic and æsthetics — contributes to the practice of management. We identify a number of contemporary management questions, procedures or issues where the application of philosophical approaches is relevant and show how philosophical skills, an understanding of philosophical principles or exposure to philosophical discussion can contribute to improved management (...) practice. In some ways the paper is a report on progress in the quest begun by Nigel Laurie and Christopher Cherry in the first issue of Philosophy of Management, then entitled Reason in Practice (2001), when they asked why philosophers have interested themselves so little in the entire field of management. We include some examples where philosophers have written about management, some where managers have shown the direct impact of philosophy on management effectiveness and somewhere potential remains. In much, we see links to process philosophy and to the need for conversation and reflection by and between managers and philosophers. This does not of itself show how philosophy can contribute to management education. A brief final section discusses the way in which moral creativity skills can be developed through reflection and describes how this has been done in the Manufacturing Leaders’ Programme at the Institute for Manufacturing at Cambridge and in the International Management Ethics & Values course taught to undergraduate management students in Adelaide, Singapore and Hong Kong. This will be taken up in a subsequent paper. (shrink)

Includes bibliographical references and index. ISBN 0-226-595 19-6 (cloth : alk. paper) . A . 1. Environmental policy. 2. Environmental management — Decision making. 3. Interdisciplinary research. 4. Communication in science. 5. Sustainable ...

이 논문은 윌리엄 모리스(William Morris 1834-1896)가 설립했던 모리스 상회(Morris & Co.)의 경영 철학에 대한 연구이다. 모리스는 예술이 대중화되어야 예술 문화가 향상될 수 있다는 이념을 가지고 있었고 이것은 바로 상회의 경영과 연결된다. 모리스 상회의 설립자들은 19세기 미학적 상황을 파악하고 예술을 상품화하여 ‘장식예술’로 시대를 개혁하고자 하였다. 이것은 곧 확장된 예술 개념을 실천하는 장이였다. 또한 모리스 상회의 경영 철학은 모리스의 미학과 함께 하였고 그것은 예술에 대한 새로운 지평을 여는 것이었다.BR 모리스는 자신이 모리스 상회의 경영을 맡으면서 네 가지 원칙 아래에 상회를 경영하고자 했다. 첫째, (...) ‘대중을 교육’하는 것이다. 대중 교육이라는 것은 예술성과 좋은 질의 생산품을 적절한 가격에 공급하여 대중의 미적 취미를 향상시키는 것을 의미한다. 둘째, 예술생산 방식의 개선이었다. 셋째, 모든 제작품은 디자이너의 이름과 제작자의 이름을 공개했다. 이것은 예술 상품을 디자인한 디자이너의 지적 재산에 대한 존중이며 상품 제작에 참여한 노동의 가치를 존중하는 태도였다. 넷째 노동의 대가에 따른 임금 분배였다.BR 상회의 기본 원칙은 완전히 실현되지 못하였고 한계를 드러냈다. 모리스 상회의 소비자들은 부유한 사람이거나, 고등 교육을 받은 일부 사람들이었다. 임금 분배의 문제는 자본주의 시장경제 체계에 잠식당하고 있었다. 모리스는 이상적인 상회 경영을 희망했으나 절반의 성공만을 했다. 모리스가 실현하려했던 상회의 경영원칙은 이윤추구가 우선이었던 경제체계에서 완전한 성공을 거두기는 힘들었다. 그러나 상회 경영에 드러난 윤리적 태도, 노동자의 권익, 예술, 디자인, 기술의 조화 등에 대한 그의 이념은 이 시대의 지침서로서의 역할을 하고 있다. (shrink)

The persons who adapt to changes as may be necessary in the course of their existence not only survive in the struggle for existence but also thrive and enjoy their lives in the best possible way under the given circumstances. For, life consists in various relationships, which are in constant movement and change.Therefore dealing with change or change-management has got pivotal importance in all walks of humans’ lives. In order to facilitate smooth change all big and small inheritances have (...) to be shed off. Adaptation to change involves some amount of give and take. Before stepping into new shoes one has to remove old ones. Sticking to good or bad things of the past in some cases spoils the present. One should, therefore, be in a position to come out of the situation of status quoor inertia. In some cases our ego does not allow us to change. It forces us to remain in the state that we have been enjoying hitherto. If we are untouched by sense of exuberance and live a life of simplicity, we can break the fetters of ego. The crux of the problem lies in affecting the change of attitude towards the present state of affairs and performance of corresponding duty. The persons should realize that change in power, position, strength etc. is inevitable. So,they should be mentally and physically prepared for it. This can be conveniently achieved by developing adaptability to and management of change. (shrink)

What are management gurus? Who are they? Why do we need them? This informative and practical guide analyses the value to be gained from reading the gurus, sets the growth of gurudom in context and traces the lines of development of the major schools of thought from their beginnings to the present day.

This study derives an improved model of managers’ decision-making behavior regarding possibly failing projects. Instead of adopting cognitive moral development used by Rutledge and Karim this investigation uses the agency theory framework to consider individual moral philosophy for the improvement of decisions regarding possibly failing projects. This research hypothesizes that a manager with low relativism has a stronger tendency to discontinue a possibly failing project than one with high relativism when agency problem are present or absent. Also, this study (...) suggests that a manager with high idealism has a stronger tendency to discontinue a possibly failing project than one with low idealism. Through experiments this work finds that agency problem is a significant factor on decisions regarding possibly failing projects in all circumstances. This result is consistent with prior literature and shows agency problem universality. Next, the empirical evidence supports the hypothesis that a project manager with low relativism tends to discontinue a possibly failing project more than one with high relativism, showing that individual moral philosophy can partially mitigate the phenomenon of escalating managers’ commitment. (shrink)

Since the late 1900s the business world has been under increasing pressure to demonstrate responsible social behaviour and the pressure continues to grow. Today, the role of business in society is on the Boardroom agenda and at stake are corporate reputation, innovation, competitiveness and growth. It is a clarion call, that either, the CEO and the Board manage it or someone else will manage it for them. As we know that we cannot solve our problems with the same level of (...) thinking that created them; therefore it is imperative that we look beyond the 20th century’s scientism and materialism dominated worldly ways for solutions. In view of the above, I believe that the ‘Indian Philosophy of Consciousness’ which focuses on practicing “better-worldliness” rather than “worldliness” and has developed over the past 4000 years has the potential to help business. Better worldliness is ‘a disposition towards life that is based on a Dharmic (righteous) way of conduct; a conduct with compassion and forbearance for fellow man, no matter what the nationality, or the colour of the skin, religion or caste.’ Society expects similar compassion and forbearance from business. (shrink)