Buddhist Business Advice

Lingyin Si Buddha grottoes

Lingyin Si Buddha grottoes

A powerful Buddhist abbot runs Lingyin Si (monastery) near Hangzhou (in wealthy Zhejiang province, southeastern China, one of the places where capitalist “reform & opening” first took hold). It’s the top Buddhist temple, of the Chan (Zen) tradition, in southeast China. This July (2013), with China’s booming economy teetering, alarming the world — the abbot gave, according to the Temple‘s website — a dharma talk & interview to the journalists & editors of CEO Magazine.

Said Venerable Guangquan:

Buddhism should [not stay in the past, but should] advance … into the market economy…to [uphold] the level of morals and ethics, enlightening the people and purifying the mind and heart.

Buddha cliff carvings

Buddha cliff carvings , Lingyin Si

buddhism business grottotryptich closeup

Karma doctrine is useful in business management.

Entrepreneurs should treat employees as they were brothers and sisters, just like all creatures are equal.

In return, they gain employees’ loyalty and gratitude, thus creating a more meaningful and successful organization.

“The moon waxes only to wane, water brims only to overflow” [an old saying goes]: The natural cycle is decline after flourishing. [So]… As wealth is accumulated, contribute actively to benefit society. This balances the self and gives wealth a purpose.

buddhism business grottowith boy

Lingyin Temple, near Hangzhou, Zhejiang

Lingyin Temple, near Hangzhou, Zhejiang