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Business and the Buddha: Doing Well by Doing Good, by Lloyd Field Ph.D.
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When it comes to business, everyone wants to do well. But can we do good at the same time? Lloyd Field (and, indeed the Dalai Lama, who provides the foreword here) says, unequivocally, Yes. Field's Business and the Buddha lays out the guidelines for putting ideas about individual and corporate social responsibility into practice without sacrificing the bottom line.
No longer can business - big or small - afford to focus solely on profit. Real assessment of a business's worth must take into account its consideration of our shared human values, and the realities of our shared planet. That doesn't mean a business can't or shouldn't compete; it means that investing in efforts to build a better society can be, on many levels, an asset.
Drawing in a substantial and sophisticated way on traditional Buddhist teachings, Lloyd Field shows how decision-makers and entrepreneurs can achieve new levels of happiness and security both inside and outside the company, and take a power-position as a force for positive global change.
- Sales Rank: #2061759 in Books
- Brand: Brand: Wisdom Publications
- Published on: 2007-11-28
- Released on: 2007-11-28
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .60" w x 6.00" l, .71 pounds
- Binding: Paperback
- 240 pages
- Used Book in Good Condition
Review
"An exceptionally well-written book, and one of the most thought-provoking books I've read in many years. It gets to the heart of many issues that trouble me about the business world, and how our societies have managed the free enterprise system. The author, Lloyd Field, uses the lessons of Gautama Siddhartha, the Buddha, to critique and recommend changes to business and free enterprise to increase its humanity and concern for the welfare of the planet and its inhabitants. Its focus is on three groups of guiding principles: wisdom, ethical conduct, and compassion. Who could argue that we have enough of any of these in the business world?" (John Caddell, founder and principal of the Caddell Insight Group, on his blog, Shoptalk)
"Lloyd Field's inspired book reminded me of the value of 'karmic capitalism,' the idea that business can have a positive transformative effect in our lives if we are willing to look at the long-term, karmic effects of our actions. Business and the Buddha is a wake-up call for any conscious business leader who wants to succeed in the right way." (Chip Conley, CEO of Joie de Vivre Hospitality and author of Peak: How Great Companies Get Their Mojo From Maslow)
"Field offers an inspiring perspective on Buddhist principles and their ability to transform our traditional capitalist system from a greed-driven enterprise into a humanistic and compassionate endeavor." (Gary Erickson, owner and founder of Clif Bar & Co, and author of Raising the Bar: Integrity and Passion in Life and Business: The Story of Clif Bar Inc.)
"This book invites senior corporate leaders to apply Buddhist principles to work and its results. Field offers up the Four Noble Truths, along with advice for how senior leaders can bring them and other significant Buddhist principles to the workplace. May Lloyd Field's Business and the Buddha inspire multitudes to work towards causing no harm." (Conscious Business blog)
"Can profit-driven, free-market enterprise be reconciled with the Buddha's Middle Way? For Lloyd Field, a longtime management consultant and Buddhist practioner, the answer is yes. Business and the Buddha presents his case for bringing 'a human-based values philosophy to a value-neutral economic culture,' using the Four Noble Truths as a framework. The great thing about Buddhism, Field says, is that it doesn't require that we take anything away from an existing culture--it just adds values like personal responsibility, integrity, ethical behavior, and spirituality, guided by the Buddha's Eighfold Path. Field is not the first to promote human health and dignity as having value that is at least equal to the corporate bottom line, but he is among the first to make that argument using Buddhist philosophy as a guide. Whether you're a paper-pusher in cubeland or a decision-maker at the top of the corporate ladder, Lloyd offers you an analysis and helpful suggestions that will help bring humanity into your business." (Shambhala Sun)
"It is an urgent priority that such models [as the one Lloyd Field offers] be put into effect." (From the foreword by the Dalai Lama)
"When Lloyd speaks, I listen." (Cheryl Leis, Ph.D., International Ethics Advisory, Boeing Corp.)
"I cannot express to you how much we all appreciate Lloyd's guidance and advice in helping us manage this organization. He has had a profound and positive effect on our ability to achieve our mission of making a difference in people's lives." (John Colangeli, Chief Executive Officer, Lutherwood)
"Business and the Buddha shows us the way to apply the Buddha's message of joyfulness to the business community and help us work towards a happier family, career and life. Lloyd Field demonstrates a rare ability to apply Buddhist theories to the everyday." (Most Eminent Venerable Master Hsing Yun, Founder, Fo Guang Shan)
"Lloyd Field wrote Business and the Buddha because he believes free enterprise has contributed to many of society's ills, such as war, poverty, and disease. But free enterprise, or capitalism, does not need to be viewed as problematic, for it can be a vehicle for resolving human suffering. Field [explains how] leaders can change organizations for the better and improve the day-to-day lives, creating good in the world while still making a reasonable profit." (Eastern Horizon)
About the Author
Lloyd Field, PhD, left his position as a corporate Vice President of Human Resources at Johnson and Johnson International to build a new career in Organizational Development and Human Resource consultancy. His clients have included many Fortune 500 organizations and his management development and training audiences have include more than 20,000 managers in North America, Europe, and Asia. His current focus is on helping senior executives solve business problems through Buddhist-influenced coaching and counseling. A classic connector in the Malcolm Gladwell sense of the word Lloyd has sold over 10,000 copies (in Canada) of his previous book on positive employee relations-that book is soon to be in its fifth edition. Lloyd has been interviewed on TV (CTV, City TV) and radio (CBC Radio: As It Happens) on numerous occasions. He is currently on the founding committee of Sarvodaya Canada, an organization committed to promoting community development. As well, Lloyd is the former President of the Board of Nalanda College of Buddhist Studies.
Master Hsing Yun is the founder of Fo Guang Shan-an international Buddhist order with temples worldwide-the affiliated Buddha's Light International, and University of the West in Rosemead, California. Born in 1927, he is a forty-eighth patriarch of the Lin Chi (Rinzai) School of Zen Buddhism and lives in Taiwan.
Tenzin Gyatso, the Fourteenth Dalai Lama, is the spiritual leader of the Tibetan people. He frequently describes himself as a simple Buddhist monk. Born in northeastern Tibet in 1935, he was as a toddler recognized as the incarnation of the Thirteenth Dalai Lama and brought to Tibet's capital, Lhasa. In 1950, Mao Zedong's Communist forces made their first incursions into eastern Tibet, shortly after which the young Dalai Lama assumed the political leadership of his country. He passed his scholastic examinations with honors at the Great Prayer Festival in Lhasa in 1959, the same year Chinese forces occupied the city, forcing His Holiness to escape to India. There he set up the Tibetan government-in-exile in Dharamsala, working to secure the welfare of the more than 100,000 Tibetan exiles and prevent the destruction of Tibetan culture. In his capacity as a spiritual and political leader, he has traveled to more than sixty-two countries on six continents and met with presidents, popes, and leading scientists to foster dialogue and create a better world. In recognition of his tireless work for the nonviolent liberation of Tibet, the Dalai Lama was awarded the Nobel Peace Prize in 1989. In 2012, he relinquished political authority in his exile government and turned it over to democratically elected representatives.
His Holiness frequently states that his life is guided by three major commitments: the promotion of basic human values or secular ethics in the interest of human happiness, the fostering of interreligious harmony, and securing the welfare of the Tibetan people, focusing on the survival of their identity, culture, and religion. As a superior scholar trained in the classical texts of the Nalanda tradition of Indian Buddhism, he is able to distill the central tenets of Buddhist philosophy in clear and inspiring language, his gift for pedagogy imbued with his infectious joy. Connecting scientists with Buddhist scholars, he helps unite contemplative and modern modes of investigation, bringing ancient tools and insights to bear on the acute problems facing the contemporary world. His efforts to foster dialogue among leaders of the world's faiths envision a future where people of different beliefs can share the planet in harmony. Wisdom Publications is proud to be the premier publisher of the Dalai Lama's more serious and in-depth works.
Most helpful customer reviews
9 of 10 people found the following review helpful.
If Only It were So
By Michael P. Maslanka
This is a brave and insightful book. Field looks at what few do: how Buddhist thoughts can apply to business. He looks at the power of intention( a mission statement should include an intention to refrain from harm); how karma applies to the practice of business( unduly harm your competitor today and reap your own harm down the line); unions are a business themselves and a mirror image of corporations( they must reform themselves before lashing out at Corporate America). Change is very hard but as Gandhi told us, be the change you want to see. A worthwhile book, deserving of a wide audience.
0 of 0 people found the following review helpful.
Wishful thinking
By Jeff Gilbert
Business and the Buddha is a utopian call to reform capitalism with holistic values informed by Buddhist philosophy. In the book Dr Field criticizes capitalism for its lack of values and emphasis on bottom-line for profit motives, the result of which is a net harm to the overall welfare of sentient beings. Dr Field wants to show us how Buddhism can inform us on how to create a more holistic capitalism while preserving the economic system.
The book is well intended but without a complete economic upheaval the idea that a company should take on this kind of reformation is fiscal suicide. Dr Field wants corporations to take responsibility for their externalities (which they should) but the moment one corporation decides to take on their affects on the world the rest of the market will immediately have an advantage over that corporation simply because they're not throwing money at problems that aren't going to make them money. Long story short, this will end in market loss for the responsible company.
0 of 1 people found the following review helpful.
Great Read
By Phenry
Great book. Although assigned as a textbook for a course, I would read it in my spare time for self development and inspiration.
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