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Business Secrets of the Trappist MonksOne CEO's Quest for Meaning and Authenticity$
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August Turak

Print publication date: 2013

Print ISBN-13: 9780231160629

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231160629.001.0001

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The End of Selfishness

The End of Selfishness

Chapter:
(p.33) 3 The End of Selfishness
Source:
Business Secrets of the Trappist Monks
Author(s):

August Turak

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231160629.003.0003

This chapter explains how a permanent transformation of being from selfishness to selflessness translates to business success as demonstrated by the Trappist monks of Mepkin Abbey. According to Louis R. Mobley, one of the leaders of the IBM Executive School in the 1950s and 1960s, leadership is not about getting things done; it is providing a mission worth doing in the first place. The 1,500-year-old monastic tradition and the extraordinary business accomplishments of the monks of Mepkin Abbey illustrate the importance of mission. The monastic tradition survives and monastic businesses thrive because the monastic mission offers an opportunity for a permanent transformative experience through a teleocratic management model of service and selflessness. This chapter illustrates how the transformational power of service and selflessness works in a corporate setting by focusing on the case of New York City-based Yext Corporation.

Keywords:   transformation, selfishnes, selflessness, business success, Trappist monks, Mepkin Abbey, Louis R. Mobley, monastic business, monastic mission, Yext Corporation

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