What is business? Trade is the underlying concept of business and exchange of one thing for the other is trade. Earlier trade was based on barter system. Later, with the introduction of the concept of money, more sophistication was added to trade e.g. business. Based on a very basic definition of business, I can say life is a business, you trade relations; in fact you trade pretty much everything in life. On a tangent, even the so called most emotional feeling a human being has e.g. love, seems like a trade in today’s depiction of art. Though, love is a sacred feeling which should not be a trade.
Here, I want to state I am neither a Buddhist nor supporting Buddhism (any -ims for that matter), I am just associating the business to the longest lasting systems (which are generally religion) in the world. I may write on Islamic banking in future or stories of Jesus. The idea is to keeping eyes and ears open to learn that is how I could relate to Business and the Buddha, and still learning. I found words of wisdom of the Buddha relating to many places in businesses be it Singapore, Western world, India or other places, and that is what Business to Buddha made sense to me.
… And the business and the Buddha
There is relationship between business and the Buddha, in future the businesses would be more evolved and we would have more than profits in our mind. I got to watch this Video of Money Control earlier and this is one such instance where we might see an evolution in corporate thinking process. I will take an example on ‘interdependent co-arising’ (a concept of Buddhism) in some future blog. This video is on “Business Sutra” broadcast on CNBC, the link of the same is here relates to the same concept. Indian Walmart – the Big Bazaar – has a dedicated Chief Belief Officer (Dr Devdutt Pattnaik), we might see more involvement of ‘perhaps not belief‘ but social causes in business e.g. CSR.