How Economic Incentives Destroy Values

On November 27, 2013 Laszlo Zsolnai gave a faculty lecture at the Institute of Environmental Sciences of Corvinus University of Budapest on the perverse effects ofecessive executive compensation. He argued that one-dimensional economic incentives may destroy existential, social, and ecological values that influence the manager’s commitment to ensure responsible business conduct, and have negative spillover effects that may reduce the manager’s performance.

Cambridge workshop on the Economic and Financial Crisis

Initiated by Laszlo Zsolnai the Von Hügel Institute of the St. Edmund College, University of Cambridge organized an international workshop on „The Economic and Financial Crisis and the Human Person” on June 8-9, 2013 in Cambridge. Participants from Cambridge, Oxford, Leuven explored the current problematic from a humanistic spiritual point of view.

Responsible Leadership and Reasonable Action

On April 23, 2013 Laszlo Zsolnai gave a faculty presentation on Responsible Leadership and Reasonable Action at the Jepson School of Leadership Studies, University of Richmond, Virginia, USA. In his presentation entitled "Responsible Leadership and Reasonable Action" he argued that business leadership should pass the test of ecology, future generations and society. It means that responsible leadership seeks holistic value creation, i.e. achieving the goals of organizations or communities in ecological, future respecting and pro-social ways.

Ecological Sustainability and Collaborative Business

Laszlo Zsolnai was lecturing on  Ecological Sustainability and Collaborative Business at the Business Beyond Tomorrow conference organized by the John Molson School of Business, Concordia University in Montreal on Marh 15, 2013.  A related video was produced with him on the importance of changing the self-interest doctrine of our time.

Buddhist Values in Business and its Potential for Europe

The Buddhist Economics Research Platform, the Loden Foundation, Bhutan and the Hungarian Bhutan Friendship Society in partnership with the European SPES Forum and the European Buddhist Union organized an international workshop  'Buddhist Values in Business and its Potential for Europe' on 24-25 November 2012, in Brussels (Belgium).  Partly inspired by Bhutan's Gross National Happiness, the workshop was designed for people from the business or academic sectors interested or involved in Buddhist Business/Economics as well as for entrepreneurs, university students and leaders of Buddhist organizations. Laszlo Zsolnai served as a keynote speaker in the workshop. His presentation was about Western Economics versus Buddhist Economics.

Materialistic versus Non-materialistic Management

Laszlo Zsolnai gave a presentation on Materialistic versus Non-materialistic Management in the TransAtlantic Business Ethics Conference in October 19-20, 2012 at the Norwegian School of Economics (NHH) in Bergen, Norway.

Laszlo Zsolnai with conference organizers Lars Jacob Pedersen and Knut Ims at the NHH in Bergen.

Spirituality and Business - Implications for Sustainability

Laszlo Zsolnai gave a presentation on "Spirituality and Business - Implications for Sustainability" in the faculty workshop of the Institute of Management, Vienna University of Economics on October 9, 2012. He argued that achieving sustainability actors should consider the whole persons and the whole systems, give priority to intrinsic motivation, orient themselves toward the common good, and measure success in multi-dimensional, holistic way. Zsolnai also empahisized that materialistic value orientation destroys material values, including nature. To save material values we need to follow a non-materialistic (i.e. spiritual) path.

Zsolnai Vienna lecture Spirituality and Business.pdf

The Market Disclosure of Being

Laszlo Zsolnai gave a key-note lecture entitled "The Market Disclosure of Being - A Heideggerian Approach to Business" in the Spirituality and Sustainability: New Path to Entrepreneurship international conference in September 21-23, 2012 in Visegrad, Hungary. He argued that despite of Heidegger’s warning not modern technology but modern-day business destroys Being and beings. With its exclusive focus on profit-making modern-day business tends to violate the integrity and diversity of natural ecosystems, the autonomy and culture of local communities, and the chances of future generations for a decent life. To overcome to problem substantive economic thinking is needed which acknowledges the human beings’ patent dependence for their livelihood upon nature and their fellows.

Ecological Sustainability and Collaborative Business

On May 23, 2012 Laszlo Zsolnai gave a lecture on Ecological Sustainability and Collaborative Business at the Smith School of Enterprise and the Environment, University of Oxford. He showed that the competitive mainstream business model is not compatible with ecological sustainability. He argued that the collaborative business model fits better in ecological sustainability. If we want to get closer to a sustainable world we need to generate virtuous circles where good dispositions, good behaviour and good expectations reinforce one  another.

Laszlo Zsolnai Seminar Poster_230512.ppt       Zsolnai Oxford seminar.pdf

Spirituality and Business

On May 14, 2012 Laszlo Zsolnai gave a presentation on Spirituality & Business at Lord Ashcroft International Business School in Cambridge. He presented the Palgrave Handbook of Spirituality and Business what he edited with Luk Bouckaert. The main conclusion was that materialistic management models are based on egoistic motivation and measure success in money terms only while  spiritually oriented enterprises are intrinsically motivated to serve the common good and measure success in multi-dimensional terms.

Zsolnai Spirituality and Business advert.pdf    Spirituality and Business.pdf