The history and the basic concepts of business spirituality

What is it about?

This chapter provides an overview of business spirituality (known also as workplace spirituality or faith at work). The history of business ethics testifies that introducing ethics as a managerial tool into business eventuates a paradox. The ethics management paradox asserts that the instrumental use of ethics undermines intrinsic moral commitment and thereby increases uncertainty and decreases profitability—the opposite effects to those which the original introduction of ethics as an instrument were intended to create. Resolving this paradox necessitates a paradigm shift in business ethics by which intrinsic ethical commitment, ensured by a spiritual value orientation, comes to the fore.

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Why is it important?

The chapter includes notes on the brief history and the various definitions of business spirituality. Furthermore, it introduces the most important features and outcomes of business spirituality such as eventuating competitive advantage, growing organizational performance, influencing venture creation, determining leadership strategies, and providing a foundation for progressive capitalism.

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