5 ancient Asian values ​​every business person should know

More and more Asian economies are in the top race as the International Monetary Fund Outlook of April The projects that India will soon overtake Japan’s fourth place in global economic discipline and will add China and the United States to the first five places in the world.

At the micro level, individual Asian mid -cap companies, according to one The essay of the City GroupJapan and China’s global manufacturing bases are spreading rapidly, the presence of factories at their peak is in India, Vietnam, Indonesia, Malaysia and Thailand. In addition, Asian companies are adopting New Technologies According to City’s 2023 report, 8-12 years before the West.

This rapid development in Asian businesses is driven by rapid innovation and high adaptation, but what is really in the hearts of these dynamic companies is the fact that, on the board, they follow a business culture that encourages stability and longevity, which is characteristic of traditional and often ancient Eastern values. These unique values, which are found all over the subcontinent, play an important role in the fact that many ancient, permanent operating companies in the world are actually located in Asia.

Being the fourth generation of business over 100 years of age in Hong Kong, I am sure to learn about the aspects of the culture that is practiced across Asia is beneficial for Western businessmen. Here I have chosen five house messages.

Related: I am the CEO of a company that generates annual income of $ 1.7 billion. This ancient philosophy is my secret to business and leadership success.

1. Balance the yin and yang using Daoism

One of the most important concepts of business concepts in Asia comes from Dauest Philosophy, a Chinese lifestyle that began with the sixth century BC. Concept of, especially for business people HeaWhich translates as a “easy process”, is very important because it teaches about cheating and works in harmony with the universe’s abuses and flow. According to this concept, businesses should give priority to performance and effectiveness and know what work is needed rather than taking too much control over every aspect of the company’s work.

This philosophy also emphasizes the importance of balancing anti -forces, masculine Yang and feminine yen, so they can cooperate in a positive way. In practice, an example may look like something like building businesses on “masculine” traits such as competitiveness, irreversible attention and endangering, and to balance it with “feminine” traits such as self -awareness, sensitivity and care. It is not enough to own these traits, but businessmen will have to learn the art of moving without interruption between one faction and the other, especially when the market is facing difficult conditions.

2. Exercise patience instead of anger

Patience is the good of success in many cultures, and in Asia it is no different. An article written for the Australian Institute of Company Directors shows that many successful Indian business leader Believe that using patience to react to a situation that usually provokes anger is key to achieving development. This belief has been derived from it Bhagwad GitaAn ancient Indian text of the second century BC, which states that when a negative event occurs, no one should be surprised by deception, which is a reaction that comes out of anger. Instead, keeping a clear mind and controlling one’s reaction to the event will ensure that well will be argued, which will ensure protection rather than destruction.

Patience will also mean that important lessons can be learned from negative events, which are commonly considered “failure” in business. The Indian way of keeping the patient’s mentality is to have the ability to turn into success in every failure, in which our decision is a calm and reasonable thinking rather than a cloudy reaction.

Related: In the immediate period, leaders should learn the art of patience

3. Understanding Confucian art of giving face

Many of China’s flourishing businesses follow Confucian values, which come out of the lifestyle of a country spread from the sixth century BC – which is still relevant today. This Chinese social code has also affected business in Korea, Japan and Vietnam. Asian business is one of the most important Confucian values ​​practicing in business ethics, otherwise known Mayan.

It is believed that someone looks good, that is, “giving face” is the key to establishing harmony between the parties with which you are doing business. Although the protection of your own image is considered one of the highest ideas under this belief system, “giving face” to the other is equally important, considering their views and showing care. Mayan It is very important for every business relationship there, especially where clients and consumers are included, and are key to seeking help and longevity.

4. Applying the law of Buddhist Buddhist

One of the most important principles shown by Asian businesses is attractive law, which states that our thoughts and intentions create our experiences and reality. In the fifth century BC, the law of attraction, born of Buddhist philosophies founded by Siddharta Gautama Buddha, directly means that business people should carefully describe their business with caution and thought.

A company is seen as more than an organization or device to make money. Instead, it is considered as an agent that can provide beneficial effects to the community in which it works. This is something that my company, Coon Motor Bus Company, especially believes, as she is performing an important service for her customers rather than working as a profit -driven business. If your goal is clear, then after success, that is what I have learned in my experience as a business leader.

Related: 5 things I learned about business from the Asian monastery

5. learn how to “pick up together” how

An important aspect of Indonesian and Malaysian business cultures is its concept Gotting RoyangWhich translates an ancient principle of communal work and cooperation within a community as “lifting together”. This concept begins in the island of Java, and since the 117th century BC, it has been known inside the Malay Island and is being practiced.

This concept is still operating today and is a cultural value that creates significant harmony between business partnerships. For example, Indonesian Startup Gotang Royang’s concept has been used to develop a strategy where there are separate businesses for mutual benefit rather than competing alone in profitable industries.