TY - JOUR TI - Reconceptualizing Profit-Orientation in Management: A Karmic View on 'Return on Investment' Calculations AB - From the perspective of the present day, Puritan-inspired capitalism seems to have succeeded globally, including in India. Connected to this, short-term profit-orientation in management seems to constrain the scope of different management approaches in a tight ideological corset. This article discusses the possibility of replacing this Puritan doctrine with the crucial elements of Indian philosophy: Karma and samsara. In doing so, the possibility of revising the guiding principles in capitalist management becomes conceivable, namely the monetary focus of profit-orientation and its short-term orientation. This perspective allows a detachment of the concept of profit from the realm of money, as the seemingly only objectifiable measure of profit. Furthermore it allows a removal of the expectation that every investment has to directly pay off. A karmic view offers management a possible facility for being more caring about the needs and fates of other stakeholders, as profit-orientation would no longer be attached as a factual constraint to merely accumulate money. DO - http://dx.doi.org/10.1007/s40926-016-0027-9 SP - 7 EP - 20 UR - http://link.springer.com/content/pdf/10.1007%2Fs40926-016-0027-9.pdf PY - 2016-01-01 JO - Philosophy of Management AU - Köllen, Thomas ER -