Responsible Management and Taoism, Volume 2

This chapter discusses the challenges and opportunities that exist in the realm of management and business education. The author provides an in-depth analysis of the history and development of management education, highlighting the changes and evolution that have occurred over time. Furthermore, the author discusses the dominant paradigm that has shaped management education and the issues that have arisen as a result. Specifically, the author identifies the problems that have contributed to financial crises and business failures, demonstrating the inadequacies of the current approach. Finally, the author argues for the need to revolutionize the current management education system. This involves a significant departure from the traditional methods of teaching and learning, and instead emphasizes the development of critical thinking skills, problem-solving abilities and adaptability in a rapidly changing business landscape. This chapter challenges the current state of management education and offers a compelling call to action for reform. By addressing the issues that have plagued the field and proposing innovative solutions, the author aims to pave the way for a more responsible management education system.

This chapter analyses the crucial role that philosophy plays in management education, particularly in promoting responsible education. The author emphasizes the importance of philosophy in addressing a wide range of social and environmental issues that are prevalent in today's business landscape. From the perspective of science and Taoism, the author highlights how philosophy can enhance the effectiveness of management education. Education is a powerful tool that can be used to bring about positive change in society, both economically and sociologically, and has the potential to respond to the rapidly evolving world of the 21st century. However, traditional education systems have failed to equip individuals with the knowledge, experience, skills and values needed to thrive in a volatile, uncertain, complex and ambiguous (VUCA) environment. To address this gap, the author argues that philosophy should be integrated into the traditional curriculum as a core element of liberal arts. By blending technical and analytical skills with systems thinking, critical thinking, innovation, creativity and ethical intelligence, students can develop a more holistic understanding of business and society. Philosophy can broaden the reflectivity horizon of future business leaders, enabling them to manage complexity and make sound decisions that align with both the principles of good business and the needs of society. This chapter underscores the importance of philosophy in management education and its potential to drive transformative change in business and society. By encouraging students to ponder questions that extend beyond the scope of business, philosophy can help cultivate a new generation of ethical and responsible business leaders who are equipped to address the challenges of the 21st century.

In this chapter, the author explores the principles of responsible management education through the lens of Taoism. This chapter begins by introducing the concepts of knowledge-inquiry and wisdom-inquiry and highlights the differences between the two in the context of management education. The author emphasizes the importance of wisdom-inquiry in management education, arguing that it allows individuals to not only understand and analyze information but also to apply ethical considerations when making decisions. This chapter delves into how to synthesize knowledge and wisdom in education, highlighting the need for a balance between technical skills and ethical awareness in management education. This chapter concludes with an examination of the principles of managing talent by balancing competence and character. The author discusses how to hire for character and train for competence in human resources management and development. This approach involves focusing on developing individuals' character traits, such as integrity, compassion and empathy, in addition to their technical skills. This chapter demonstrates the value of incorporating Taoist principles into management education. When the importance of wisdom-inquiry, balancing competence and character, and developing ethical leaders is emphasized, management education can prepare individuals to navigate the complexities of the modern business landscape while promoting responsible business practices.

In this chapter, the author underscores the crucial role of the international community in promoting and facilitating responsible management education in business and management schools, as well as higher educational institutions. The chapter highlights the initiative on the Principles of Responsible Management Education (PRME), which has been supported by the United Nations and adopted by hundreds of schools and universities worldwide. The author explains that PRME aims to equip students with the necessary knowledge, skills, mindset and capabilities to bring about rapid and scalable improvements to society. Given that today's students are tomorrow's business leaders, policymakers and organizational heads, investing in responsible management education is crucial. This chapter emphasizes that responsible educational efforts can produce better citizens and future leaders, enabling them to create the world that we aspire to live in. This chapter underscores the importance of global collaboration and commitment to promoting responsible management education. When working together to prioritize ethical and sustainable practices in business and management education, we can foster a new generation of leaders who are equipped to drive positive change in the world.

This chapter examines the influence of Taoism's wisdom on the realization of Sustainable Development Goals (SDGs). This chapter emphasizes the critical connection between Taoism's wisdom and the SDGs, which is rooted in the principle of living in harmony with nature. Taoism is an ancient Chinese philosophy that places great importance on living in balance with the natural world and the natural flow of life. This philosophy can offer valuable insights and guidance on how to achieve the SDGs in a sustainable and holistic manner. This chapter explores how the principles of Taoism can be applied to the SDGs. Particularly, the principle of non-action, or Wu Wei, can be used to promote sustainable development by encouraging individuals and organizations to work with nature rather than against it. Similarly, the concept of Yin and Yang can help promote balance and harmony in economic and social systems, which is crucial for achieving the SDGs. This chapter highlights the important role that Taoism's wisdom can play in realizing the SDGs. By promoting sustainable and harmonious development, Taoism can offer valuable insights and guidance on how to build a better future for all.

This chapter explores the gap between social expectations and actual sustainability performance in the business world and identifies the root causes of this discrepancy. The author reviews corporate social responsibility (CSR) and sustainability, and their relationship with the Sustainable Development Goals (SDGs). This chapter also compares the connections and differences between the Millennium Development Goals (MDGs) and the SDGs. The author analyzes possible solutions to bridge the gap, including renewing the social contract between businesses, society and institutions. This involves rethinking the role of businesses and institutions in promoting sustainability and creating new systems and structures that incentivize sustainable practices. This chapter concludes by discussing the pathway to a sustainable and inclusive world through systems innovation and change. When embracing a systems thinking approach, individuals and organizations can identify and address the root causes of unsustainability, and create more resilient and sustainable systems that benefit both people and the planet.

This chapter explores a pathway towards achieving a sustainable and inclusive future through the implementation of systems innovation, systems leadership and systems change. The author highlights the importance of understanding complex systems and identifies several models that can be employed to drive systems change, including the iceberg model and multi-level perspective. The author stresses the significance of systems leadership and innovation in creating a sustainable and inclusive future. This means that leaders and managers need to shift their mindset from reductionism to systems thinking. Reductionism views complex systems as a collection of separate parts that can be studied independently. In contrast, systems thinking acknowledges the interconnectedness of all parts and how they influence each other. When they embrace systems thinking, leaders and managers can make systems innovation and drive systems change to achieve sustainable and inclusive growth. Achieving a sustainable and inclusive future requires a collective effort from individuals, organizations and governments. It demands a comprehensive understanding of the interdependencies and interactions within complex systems, as well as a willingness to adopt new ways of thinking and leading. This chapter presents a compelling case for adopting systems innovation, systems leadership and systems change as critical components in building a sustainable and inclusive future.

In this chapter, the relationship between Taoist principles and the United Nations' initiative on harmony with nature is explored. This chapter discusses Taoism's teachings on the unity of man and nature, and how they have influenced the United Nations' programmes. Additionally, this chapter examines the Sustainable Development Goals's (SDG's) Pyramid, which draws connections between harmony and happiness, and how they align with Taoist ideals. The author emphasizes that Taoism and the SDGs share a common goal of promoting harmony and happiness. Taoism teaches that the natural world is a harmonious system that humans should strive to understand and respect. The United Nations' initiative on harmony with nature similarly emphasizes the importance of respecting the natural world and promoting sustainable practices. This chapter sheds light on the significant connections between Taoist principles and the United Nations' initiatives. It encourages readers to adopt a more holistic perspective on the relationship between humans and the natural world and to apply these principles in their daily lives.

This final chapter of this book explores the new vision set forth by the United Nations in 2021, titled ‘Our Common Agenda’. This agenda aims to provide a renewed vision and action plan for achieving the Sustainable Development Goals (SDGs). This chapter focuses on the implications of the principle of ‘ensuring no one is left behind’ for the implementation of the 2030 Agenda, with a particular focus on youth. This chapter provides a call to action for ensuring that the principle of ‘ensuring no one is left behind’ is integrated into all aspects of the 2030 Agenda. It stresses the importance of addressing the root causes of inequality and promoting inclusivity and equity in order to achieve the SDGs. This chapter provides valuable insights and guidance for policymakers, practitioners and individuals working towards a more sustainable and just future.