Confusianism in Business

Confucianism is a Chinese ethical and philosophical system developed from the teachings of Confucius

He lived around 500BC

About…

Confucius was a chinese teacher, politician,editor, but was most known as a philosopher

His teachings revolved around Humanism which promote the

value of human beings.

Confucius..

5 Virtues!

Ren – Benevolence / humanism Yi – Justice in human interactions Li – Etiquette/ Rituals Zhi - Knowledge Xin - Integrity

Confucius..

He taught the golden rule before Jesus did. (Ren , Yi, Li)

Confucius…

Etiquette in Chinese is rituals or rites

Acts of everyday life.

Etiquette (Li)…

Is an extension of one’s duties to friends, family and spouse.

Considered as one of the greater human virtues

Loyalty

Filial – Child Piety – reverence

5 BondsRuler to RuledFather to SonHusband to WifeElder to Younger brotherFriend to Friend

Filial Piety

Confucius thought society should maintain harmonious relationships with one another

On Relationships…

Considered to be Great goal of Confucianism

Results from every individual knowing his or her place in the social order and playing his part well

“There is government when the prince is prince, minister is minister, father is father, and son is son”

- Confucius

Social Harmony…

In 1978, Chinese economy began to integrate to the global economy

Many Chinese left their country to find opportunity elsewhere

Today, the Chinese are arguably the most dominant economic force in the world.

History…

In 2007, a survey for 550 people from 59 companies from China was done by Tianbo Li, Gillian Owen Moreira

Aim was to discover the Influence of Confucianism to Business.

Survey…

When asked about Confucianism and Communication,

69.8% responded with long term connections

55.6% responded with paying attention to Harmony

Results…

When asked about cultural values considered important for successful business,

68.7% selected Interpersonal Harmony 62.6% selected Trust 50.8% included Collectivism

Results…

When asked about contributions of Confucianism and Buddhism to business,

47.9% selected Tolerance While harmony, loyalty, cooperative

principle also remained high

Results…

Is a commercial city in Portugal with 57,000 inhabitants with 749 Chinese immigrants, 275 of which are engaged in business.

A study was done with Chinese businessmen

Aveiro , Portugal

General Observations were: Chinese employers treat employees as

family members and respect them. Respect to elder members of the family Owners are very patient The Face! Inside before outside

Aveiro , Portugal

Confucianism has made its mark on the Chinese people.

Knowingly or unknowingly, they exhibit traits that are traced back to the teachings of Confucius

In order to be a successful entrepreneur, we must be conscious of these traits

Relevance…

The Influence of Confucianism and Buddhism on Chinese Business: Tianbo Li, Gillian Owen

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