Business Secrets of the Trappist Monks: One CEO's Quest for Meaning and Authenticity

Business Secrets of the Trappist Monks: One CEO's Quest for Meaning and Authenticity

by August Turak

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Product Details

ISBN-13: 9780231535229
Publisher: Columbia University Press
Publication date: 07/09/2013
Series: Columbia Business School Publishing
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 200
Sales rank: 433,268
File size: 2 MB

About the Author

After a corporate career with companies like MTV, August Turak founded two highly successful software businesses, Raleigh Group International (RGI) and Elsinore Technologies. He received a B.A. in history from the University of Pittsburgh and is pursuing a Masters in theology at St. John's University, Minnesota. Turak's essay "Brother John" received the grand prize in the John Templeton Foundation's Power of Purpose essay contest. He has been featured in the Wall Street Journal, Fast Company, Selling Magazine, the New York Times, and Business Week, and is a popular leadership contributor at Forbes.com. His website is www.augustturak.com.

Table of Contents

Preface
1. The Economic Miracle of Mepkin Abbey
2. What We All Really Want
3. The End of Selfishness
4. Goat Rodeos and the Transformational Or ga ni za tion
5. Mission
6. Selflessness and Community
7. Excellence for the Sake of Excellence
8. Ethical Standards, or, Why Good Things Happen for Good People
9. Faith
10. The Power of Trust
11. Self- knowledge and Authenticity
12. Living the Life

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Business Secrets of the Trappist Monks: One CEO's Quest for Meaning and Authenticity 3.7 out of 5 based on 0 ratings. 3 reviews.
Anonymous More than 1 year ago
. How do you measure or compare the success of this Trappist monks company compared to a typical secular business? There are two major cost (overhead) components that are missing from the Trappist monks that make the definition of their success ambiguous at best. None of their employees are paid and they are a tax exempt organization. What would happen to their business if these two very common, cost of doing business, were applied? How about failure? No wonder they were able to sell eggs and mushrooms on the cheap and have a competitive (unfair) advantage. I can’t help but respect the monk’s selfless work ethics but the reason for their success is no secret. Do the math. Great concept but it doesn’t pass through the test-tube of reality economics.
Anonymous More than 1 year ago
Being selfless, authentic and trustworthy may seem like quaint characteristics to cutthroat capitalists, but in Business Secrets of the Trappist Monks, August Turak argues that these qualities are essential to ever-greater success not only in life but in business.   Through Turak’s many retreats to Mepkin Abbey, we get to know Brother John, Brother William and the other colorful monks who authentically live the Trappist way.  Their hard work unquestioning devotion to God and community transforms Turak in his own business dealings.  One example he tells - upon finding out Microsoft’s plan to take over the manufacturer of his company’s product (Source Safe), thereby rendering it obsolete, August tells his partners at RGI he’s leaving. But after a weekend of soul-searching, he realizes he can’t abandon ship.  He must keep his word to his partners and employees come what may.  The next months are harrowing until the deal is done but then a funny thing happens - Microsoft makes Source Safe their only provider and soon competitors want it too! RGI becomes bigger than ever.   If we are, as Turak hopes, to transcend capitalism then we have to accept that it’s not only okay, but necessary to believe that we work for interests greater than our own.  (Take THAT Ayn Rand!)  It’s a great book, conversational in style and a quick read for all you masters of the universe out there – and for the rest of us too!  Highly recommend
Anonymous More than 1 year ago