SPIRITUALITY AND ENTREPRENEURSHIP Lecture april 16, 2010 Ajmer, India
Content of the Lecture <ul><li>Messages:  </li></ul><ul><li>Spirituality can pave the way for a transformation </li></ul><...
Content of the Lecture <ul><li>Messages:  </li></ul><ul><li>Entrepreneurs should play a big role in this transformation </...
Content of the Lecture <ul><li>What is the spirituality I am talking about? </li></ul><ul><li>Why does it provides us with...
WHAT IS SPIRITUALITY? If I ask you what is spirituality you may say: Religion, mysticism, vague concept an inner force aut...
SPIRITUALITY FOR A SCIENTIFIC APPROACH For validity issues An Inner side: difficult to measure, difficult to express, is a...
SPIRITUALITY FOR A SCIENTIFIC APPROACH For validity issues An outer side: beliefs, values, behaviors,  Thinking, feelings ...
SPIRITUALITY FOR A SCIENTIFIC APPROACH <ul><ul><ul><li>Non-denominational – trans-religious (beyond religion) </li></ul></...
SPIRITUALITY IN THE BUSINESS CONTEXT Three ways of looking at economic development: -Incremental changes  -Whole systems t...
DEFINITION OF SPIRITUALITY  The unique, inner relationship that each being has to their core or soul beyond our outer self...
DEFINITION OF SPIRITUALITY  Spirituality basically means evolving from identifying and being driven by the outer self  to ...
MISCONCEPTIONS OF SPIRITUALITY  spirituality means renouncing worldly preoccupations and success and living a life of pove...
WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? Businesses have a lot of ideas but often there is a lack of peace of mind Witho...
WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? <ul><ul><li>Entrepreneurship: </li></ul></ul><ul><ul><li>creativity, imaginatio...
WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? <ul><ul><li>When integrated by business leaders it helps transform organization...
ARE ENTREPRENEURS READY FOR THE TRANSFORMATION? -Corporate social responsibility: Body shop, Shell -Conscious customer -Do...
ARE ENTREPRENEURS READY FOR THE TRANSFORMATION? -Big corporate scandals(Enron, WorldCom, Lernout & Hauspie, Ahold, and mos...
ARE WE READY FOR THE TRANSFORMATION? Main trend at the individual level: Cultural creatives as a subculture across the glo...
RESEARCH ON SPIRITUALITY Positive correlation with  Leadership Absenteeism Productivity Turnover Ethicality Lower stress a...
MINDFULNESS, YOGA, MEDITATION Creativity Lower stress Higher concentration Flexible mind Mental clarity Acceptance of nega...
ENTREPRENEURS ABOUT SPIRITUALITY Indian entrepreneurs in USA a deeper connection with religiousness sources of motivation ...
INDIAN ENTREPRENEURS Spirituality as religious beliefs “ good habits” often derived from their Hindu religion like:  They ...
INDIAN ENTREPRENEURS Health and well-being: starting a day with pranayama  meditation  going into silence into deep breath...
INDIAN ENTREPRENEURS Society related: Doing good to society Voluntary work Charity  Not only company profits as main drive...
ENTREPRENEURS ABOUT SPIRITUALITY European entrepreneurs (1) thinking about the existence of life, and reflecting upon acti...
ENTREPRENEURS ABOUT SPIRITUALITY Study Financieel dagblad 33% of the entrepreneurs and 25% of the managers say they stimul...
ENTREPRENEURS ABOUT SPIRITUALITY Study Financieel dagblad one third thinks that  focus  on soul based actions will lead to...
IN PRACTICE Dr. Sharda Nandram, the Netherlands
THE DIAMOND IN YOU (CHAUDURI) Dr. Sharda Nandram, the Netherlands
HOW TO PUT IT INTO PRACTICE AS EMPLOYEE/ STUDENT  Deep breathing exercise creates space in the mind helpful when using the...
EXAMPLES OF EXERCISES Transformation of pain into bliss: AAH---OOH---HMM 5 sheath meditation (chanting, spine as white ene...
EXAMPLES OF EXERCISES Visualization of longings gives self confidence Affirmative meditation “ I am” Inquiry in couples “w...
EXAMPLES OF EXERCISES Chakra related breathing (pranayamas) Chakra related postures (asanas) Visualization of colors Repea...
LESSONS LEARNED Coaches, doctors, students, own staff, a ministry -Take very small steps -Don’t act like a swami/ spiritua...
LESSONS LEARNED - Give them freedom to quite  -Stress that it should come from within to be sustainable and to let it beco...
Jodhpur, India 1901 Suriname 1966 Netherlands 1985
PAST AND FUTURE  Associate prof. at Nyenrode Business University Founder Praan Solutions [email_address] [email_address] P...
DISCUSSION / QUESTIONS? Thank you!
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Spirituality and Entrepreneurship Lecture

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Spirituality and Entrepreneurship Lecture - April 2010 - Ajmer, India

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Spirituality and Entrepreneurship Lecture

  1. 1. SPIRITUALITY AND ENTREPRENEURSHIP Lecture april 16, 2010 Ajmer, India
  2. 2. Content of the Lecture <ul><li>Messages: </li></ul><ul><li>Spirituality can pave the way for a transformation </li></ul><ul><li>We need a transformation </li></ul><ul><li>It is a huge and a multi dimensional crises we are facing, thus it has economic, ecological and ethical dimensions. </li></ul>
  3. 3. Content of the Lecture <ul><li>Messages: </li></ul><ul><li>Entrepreneurs should play a big role in this transformation </li></ul><ul><li>good ideas for innovations </li></ul><ul><li>businesses have resources </li></ul><ul><li>but they often lack peace of mind. </li></ul><ul><li>important to get more focus in order to take the best decisions to grow and further develop their business </li></ul>
  4. 4. Content of the Lecture <ul><li>What is the spirituality I am talking about? </li></ul><ul><li>Why does it provides us with solutions? </li></ul><ul><li>How feasible is this way of thinking in the current business climate, are we ready for it? </li></ul><ul><li>More specific, what are the tools one can make use of? </li></ul><ul><li>A mindfulness exercise </li></ul><ul><li>  </li></ul>
  5. 5. WHAT IS SPIRITUALITY? If I ask you what is spirituality you may say: Religion, mysticism, vague concept an inner force authenticity transformation acting from within integral, holistic intuitive actions beyond the mind, harmony Dr. Sharda Nandram, the Netherlands
  6. 6. SPIRITUALITY FOR A SCIENTIFIC APPROACH For validity issues An Inner side: difficult to measure, difficult to express, is an individual process, no spiritual experience is similar to another, can be mystical, can be religious based. Dr. Sharda Nandram, the Netherlands
  7. 7. SPIRITUALITY FOR A SCIENTIFIC APPROACH For validity issues An outer side: beliefs, values, behaviors, Thinking, feelings and behaviors aligned with someone’s authenticity, role of someone’s calling Focus on techniques and their effects Dr. Sharda Nandram, the Netherlands
  8. 8. SPIRITUALITY FOR A SCIENTIFIC APPROACH <ul><ul><ul><li>Non-denominational – trans-religious (beyond religion) </li></ul></ul></ul><ul><ul><ul><li>Unity in diversity (respecting the unique way in which each individual unfolds to their inner self </li></ul></ul></ul><ul><ul><ul><li>Inner self, outer self – aligning our consciousness and actions to the inner self, the authentic Self. Usually it is our ego that stands in the way </li></ul></ul></ul><ul><ul><ul><li>Sri Aurobindo – “Spirituality is nothing other than practical psychology” </li></ul></ul></ul>Dr. Sharda Nandram, the Netherlands
  9. 9. SPIRITUALITY IN THE BUSINESS CONTEXT Three ways of looking at economic development: -Incremental changes -Whole systems thinking -Spiritual Dr. Sharda Nandram, the Netherlands
  10. 10. DEFINITION OF SPIRITUALITY The unique, inner relationship that each being has to their core or soul beyond our outer self or ego which consists of body, mind and emotions, we have an inner core which is the soul, inner divine spark Dr. Sharda Nandram, the Netherlands
  11. 11. DEFINITION OF SPIRITUALITY Spirituality basically means evolving from identifying and being driven by the outer self to seeking and aligning our lives, thoughts, words and actions to this inner, divine spark Dr. Sharda Nandram, the Netherlands
  12. 12. MISCONCEPTIONS OF SPIRITUALITY spirituality means renouncing worldly preoccupations and success and living a life of poverty and even retreat Dr. Sharda Nandram, the Netherlands
  13. 13. WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? Businesses have a lot of ideas but often there is a lack of peace of mind Without that there is no focus And therefore growth will be initiated based on opportunities But opportunities are like buses, Richard Branson an entrepreneur said, they come and go and every minute another one comes Only with focus good decisions can be made. That focus can be gained through spirituality practices Dr. Sharda Nandram, the Netherlands
  14. 14. WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? <ul><ul><li>Entrepreneurship: </li></ul></ul><ul><ul><li>creativity, imagination of opportunities, intuition and reflection </li></ul></ul><ul><ul><li>Spiritual practices can help them in fine tuning their creativity, imagination, reflection and intuition </li></ul></ul>Dr. Sharda Nandram, the Netherlands
  15. 15. WHY SPIRITUALITY THROUGH ENTREPRENEURSHIP? <ul><ul><li>When integrated by business leaders it helps transform organizations at all levels, personal, interpersonal, vision, strategy, even branding </li></ul></ul><ul><ul><li>It has the potential to engender and inner transformation and help us to bring out the best in our relationship to self, society and planet </li></ul></ul>Dr. Sharda Nandram, the Netherlands
  16. 16. ARE ENTREPRENEURS READY FOR THE TRANSFORMATION? -Corporate social responsibility: Body shop, Shell -Conscious customer -Dow Jones Dharma Index -India’s spiritual heritage counts as she plays an important role now in the Entrepreneurial arena Dr. Sharda Nandram, the Netherlands
  17. 17. ARE ENTREPRENEURS READY FOR THE TRANSFORMATION? -Big corporate scandals(Enron, WorldCom, Lernout & Hauspie, Ahold, and most recently, Satyam) leads to the insight that material wealth as main drive doesn’t lead to sustainable business practices Dr. Sharda Nandram, the Netherlands
  18. 18. ARE WE READY FOR THE TRANSFORMATION? Main trend at the individual level: Cultural creatives as a subculture across the globe In the Netherlands we have 1,6 million cultural creatives (source: MarketResponse) in Europe about 80 million in America about 50 million Dr. Sharda Nandram, the Netherlands
  19. 19. RESEARCH ON SPIRITUALITY Positive correlation with Leadership Absenteeism Productivity Turnover Ethicality Lower stress and well-being Commitment Satisfaction Dr. Sharda Nandram, the Netherlands
  20. 20. MINDFULNESS, YOGA, MEDITATION Creativity Lower stress Higher concentration Flexible mind Mental clarity Acceptance of negative emotions Capacity to organize Feeling of self fullfilment Higher satisfaction Higher commitment to task Dr. Sharda Nandram, the Netherlands
  21. 21. ENTREPRENEURS ABOUT SPIRITUALITY Indian entrepreneurs in USA a deeper connection with religiousness sources of motivation sources of wellbeing and connectedness in the sense of doing good for society Dr. Sharda Nandram, the Netherlands
  22. 22. INDIAN ENTREPRENEURS Spirituality as religious beliefs “ good habits” often derived from their Hindu religion like: They do not consume any alcoholic beverages Strict vegetarian diet prayers (Puja) in the morning and visit to the temple Dr. Sharda Nandram, the Netherlands
  23. 23. INDIAN ENTREPRENEURS Health and well-being: starting a day with pranayama meditation going into silence into deep breathing Practices to connect to their inner soul Dr. Sharda Nandram, the Netherlands
  24. 24. INDIAN ENTREPRENEURS Society related: Doing good to society Voluntary work Charity Not only company profits as main drive Holistic views in management Employees talents and positive approaches towards human capital Dr. Sharda Nandram, the Netherlands
  25. 25. ENTREPRENEURS ABOUT SPIRITUALITY European entrepreneurs (1) thinking about the existence of life, and reflecting upon actions (2) acting decently according to ethical codes related to ethical behavior and openness towards others and voluntary work (3) considering consequences of actions related to contribution to others, and environmental issues Dr. Sharda Nandram, the Netherlands
  26. 26. ENTREPRENEURS ABOUT SPIRITUALITY Study Financieel dagblad 33% of the entrepreneurs and 25% of the managers say they stimulate topics such as spirituality and religion during work, somehow, or strongly. about 50% of the entrepreneurs and managers think the current crisis is a consequent of soulless actions. 33% thinks we can only solve the current economic problems if we transform our thinking, feelings and actions driven by spirituality Dr. Sharda Nandram, the Netherlands
  27. 27. ENTREPRENEURS ABOUT SPIRITUALITY Study Financieel dagblad one third thinks that focus on soul based actions will lead to more success about 40% thinks that sustainable development and growth is only feasible if the strategy is in line with a soul based thinking. but only 15% of the entrepreneurs think in their own business spirituality should get a more dominant place. Dr. Sharda Nandram, the Netherlands
  28. 28. IN PRACTICE Dr. Sharda Nandram, the Netherlands
  29. 29. THE DIAMOND IN YOU (CHAUDURI) Dr. Sharda Nandram, the Netherlands
  30. 30. HOW TO PUT IT INTO PRACTICE AS EMPLOYEE/ STUDENT Deep breathing exercise creates space in the mind helpful when using the mind for long hours a day Yoga asanas relax the body and mind, helps to shift between modes in thinking, esp helpful when working on different tasks Closing the day with a reflection (diary: what happened vs what were the feelings) During a busy day try to still the mind Dr. Sharda Nandram, the Netherlands
  31. 31. EXAMPLES OF EXERCISES Transformation of pain into bliss: AAH---OOH---HMM 5 sheath meditation (chanting, spine as white energy tube, prayer, seeing with eyes closed, the silent in you) Deep breathing helps anytime/ even with headache Dr. Sharda Nandram, the Netherlands
  32. 32. EXAMPLES OF EXERCISES Visualization of longings gives self confidence Affirmative meditation “ I am” Inquiry in couples “who are you” Mindfulness: stomach breath and backward counting Mindfulness breathing and discovering of healing power Dr. Sharda Nandram, the Netherlands
  33. 33. EXAMPLES OF EXERCISES Chakra related breathing (pranayamas) Chakra related postures (asanas) Visualization of colors Repeating of words Chanting Mantras Mind stilling exercises Dr. Sharda Nandram, the Netherlands
  34. 34. LESSONS LEARNED Coaches, doctors, students, own staff, a ministry -Take very small steps -Don’t act like a swami/ spiritual teacher -Explain first/ mental level -Acknowledge fears -Then experience Dr. Sharda Nandram, the Netherlands
  35. 35. LESSONS LEARNED - Give them freedom to quite -Stress that it should come from within to be sustainable and to let it become a more habitual part of you -Acknowledge several paths/ tools -Be ready to change to the needs of the group “ an Indian way” Dr. Sharda Nandram, the Netherlands
  36. 36. Jodhpur, India 1901 Suriname 1966 Netherlands 1985
  37. 37. PAST AND FUTURE Associate prof. at Nyenrode Business University Founder Praan Solutions [email_address] [email_address] Professional life: psychology, economics, spirituality courses My Gurus Yoga, Meditation, Mindfulness Help businesses more with spirituality practices by setting up An academy on spirituality and entrepreneurship Transformation projects and Research Dr. Sharda Nandram, the Netherlands
  38. 38. DISCUSSION / QUESTIONS? Thank you!

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