Sustainability in the New Business of Business: From Control to Self Control in Leadership

Abstract

Many theories are evolved in economics and management to explain the imbalance in demand and supply of goods and services or consumption pattern, resource allocation, and so on. All these theories explain a common fact, competition to acquire resources to maximize wealth. All the wars the human race fought in the past were for one purpose, to acquire and accumulate wealth. In all these, few stakeholders of the universe are ignored: human beings, environment, earth and other living creatures on earth. Deep deforestation and overuse of natural resources have questioned the survival of mankind itself. How long the greed and competition for unquestionable global leadership will go on and what would be the fate of unprivileged in these? Can their survival be challenged? Can we think an alternative inclusive paradigm for management to ensure justice to everything on earth to survive peacefully? Yes we can, through a spiritual leadership for sustainable growth and business.