Business

Meditation in Business: Mindfulness training can help meditator cut losses

by Andrew Hafenbrack and Zoe Kinias

Practice more than just a passing management fad as it can play role in decision-making and bring changes to emotions and behaviour

Mindfulness meditation is a practice that cultivates awareness of the present moment and clears the mind of other thoughts, often accomplished by non-judgmentally focusing attention on the physical sensations of breathing or other experience as it occurs.

Top-level managers appear to be highly interested in mindfulness at the moment, as evidenced by recent sessions on meditation at the World Economic Forum in Davos, Switzerland, and a cover story about mindfulness in Time magazine.

Chief executives of major companies such as Ford Motor, Salesforce.com and Tupperware have publicly touted the benefits of meditation. Organisations as varied as Google and the United States military have instituted internal mindfulness-based training programmes for their employees.

Meditation … reduced negative emotion [and] facilitated [the] ability to let go of sunk costs

At Insead – in Singapore and abroad – professors incorporate meditation into executive and MBA courses.

Although there is a risk that some may write off mindfulness as pop psychology or a management fad, it is more than that.

The practice dates back more than 2,000 years to the Pali canon of Theravada Buddhism, and Western clinical psychologists have used secular mindfulness meditation training to effectively combat anxiety and depression for several decades.

There are many articles in academic journals, particularly in the fields of cognitive psychology and neuroscience, that document the benefits of meditation.

Meditating regularly increases how much people habitually focus on the present moment relative to the past and future at times when they are not meditating, a tendency psychologists call trait mindfulness.

Research has linked increased trait mindfulness to increased positive emotions and decreases in several forms of negative emotion, such as rumination, depression, anxiety and anger.

Previous research has also found evidence of other benefits, linking greater trait mindfulness to decreased substance abuse, improved psychological functioning, increased self-control, decreased overconfident gambling, decreased distraction from the task at hand and improved test performance.

Recent research has also found that even a single eight to 15-minute session of focused-breathing mindfulness meditation can cue a brief state of mindfulness, which leads to changes in emotions and behaviour immediately afterwards.

For example, a state of mindfulness has been found to reduce short-term negative emotions, distraction from the task at hand and the impact of negative information on attitudes and persistence.

Illustration: Henry WongOur research team examined the idea that a short state of mindfulness could improve decision-making by helping people cut losses sooner.

In other words, we were interested in whether mindfulness meditation could reduce what economists call the sunk-cost fallacy or the sunk-cost bias, which is the tendency to continue an endeavour after having already invested time, effort or money.

We collaborated with Professor Sigal Barsade from the Wharton School at the University of Pennsylvania on a research article that appeared in the February issue of Psychological Science, a journal of the Association for Psychological Science.

Our key finding is that mindfulness meditation increased resistance to the sunk-cost bias, and this occurred in a two-step process.

First, meditation reduced how much people focused on the past and future, and this psychological shift led to less negative emotion. The reduced negative emotion then facilitated their ability to let go of sunk costs.

Our findings can help managers and businesspeople, because there are so many cases in which the sunk-cost bias can destroy value.

For example, people often hold on to losing investments for too long. Businesses often continue with projects even when the costs increase dramatically or their product is less unique or marketable than it initially appeared.

Governments often continue fighting wars they know they cannot win. Managers can be reluctant to fire massively underperforming employees who they hired with great expectations.

In all of these cases, resources are wasted that could have been used more productively in another endeavour, whether that is a more promising investment or project, peacekeeping efforts, or a new hire who is a better fit for the organisation.

Our advice is that when people need to make decisions about whether to change course, that is a great moment to step back, clear one’s mind by meditating, and approach the decision again.

A potentially helpful question to ask oneself is: “Would I continue this endeavour because I truly think it is the best decision in light of all available evidence or because I am reluctant to let go after having invested so much?” As to how to briefly meditate, there are many excellent free recorded meditations available online, such as those from freemindfulness.org

There are also meditation classes and trainers in all major cities and excellent books on the subject by Thich Nhat Hanh and Jon Kabat-Zinn.

More broadly, our findings suggest that even people with little experience meditating can use mindfulness meditation in small doses at times when they need it, such as when experiencing excessive negative emotions or stress, or when thinking too much about the past or future.

For these reasons, mindfulness should be more than a passing fad, and instead a tool people keep at their disposal for use when it can be helpful.

People and corporations should seriously consider the role mindfulness meditation can play in mental and emotional well-being, task performance and decision-making.

Andrew Hafenbrack is a doctoral candidate in organisational behaviour and Zoe Kinias an assistant professor of organisational behaviour at Insead.

Origami Rings from Washington Artisan

GROW Washington grows up, celebrates a year

A ring made with orgami is one of the offerings of a newer artisan at GROW Washington, a store and business incubator for local entreprenuers.  Photo courtesy of Marta Cunha

A ring made with origami is one of the offerings of a newer artisan at GROW Washington, a store and business incubator for local entrepreneurs.
Photo courtesy of Marta Cunha

By Chris Hendrickson, Monitor

It has truly been a year of growth for Sultan’s GROW Washington store, which is getting ready to celebrate its one-year anniversary.

To commemorate the occasion, GROW will be hosting a two-day event held on Friday Oct. 4 and Saturday Oct. 5, from 7 a.m. to 6 p.m., at the GROW Washington store located in the former Dutch Cup Restaurant building. The festivities will include free coffee and apple cider along with a gift basket raffle which will benefit GROW Washington and the Sultan Food Bank. Raffle tickets will be offered for $1 or guests can bring a non-perishable food item and receive a ticket free of charge.

The gift basket will feature an assortment of handmade items created by GROW entrepreneurs.

GROW Washington is a not-for-profit corporation dedicated to supporting small business owners, providing them tools to help ensure their establishment and success. Founded by Sultan Mayor Carolyn Eslick, GROW is known as a “small business incubator”  in which members benefit from business classes, seminars and other training which is available on everything from obtaining a business license to inventory management and control.

Once they become members, entrepreneurs receive the opportunity to feature their products in GROW’s storefront and join forces with other small business owners in the community.  GROW Washington opened at its original location at 403 Main St. in Oct. of 2012, which it outgrew in less than six months. The store moved to its new location at 927 U.S. 2 in March of this year.

Since moving to the larger building, GROW has experienced an increase in entrepreneur membership, which has gone from 20 vendors to 29, including 3 vendors who are service-based and do not feature a particular product in the store.

GROW entrepreneurs have been able to expand their businesses as a result of the move. The new commercial kitchen facilities have broadened the opportunities for Maggie Torza of Miss Maggie’s Deserts, enabling her to explore new menu items which she creates fresh daily.

Torza’s baked goods will be on hand both days during the anniversary celebration.

In addition to candy and deserts, GROW Washington features many one-of-a-kind items, made by local business owners.

One of the newer additions to GROW’s team of entrepreneurs is Marta Cunha of Dark Horse Origami.  Originally from Portugal, Cunha fashions traditional origami designs and crafts them into jewelry and other decorative items. She folds the intricate origami shapes by hand out of Japanese washi paper; a paper that is made from fibers of trees and shrubs native to Japan.

The designs are then varnished with a lacquer meant to strengthen the pieces for wear, making the delicate items more durable and water-resistant. She also forges her origami jewelry designs out of pure silver.

Cunha, who is a resident of Gold Bar, creates hairclips, rings, earrings, brooches and necklaces.

GROW’s one-year anniversary conveniently corresponds with a significant anniversary for Cunha, who has been with GROW since June.

“It has also been a year since I’ve arrived in America,” said Cunha. “GROW Washington became more than another business venue, it’s another home where I’ve always felt welcomed, and where I am surrounded by newfound friends, inspiration and creativity.”

Cunha began by taking several of the business classes offered by Eslick until her Washington State Business License arrived in July, and she was able to start displaying and selling her jewelry.

Once a business successfully completes the application process and becomes a member of GROW, the business owners are asked to make a commitment to work in the storefront a minimum of twice per month. This gives them the chance to network with other entrepreneurs and also to share their work and potentially connect with customers who visit the store.

The products made by GROW Washington entrepreneurs include custom jewelry designs, hand-made candles and body lotions, one of a kind furnishings, watercolor and other art, fishing bait and tackle gear, uniquely arranged flora, custom garden art made from repurposed stone, Christmas decorations, ceramics and much more.

JD Slicks Lounge, which opened in June, shares the building with GROW.

“It’s so great to see the east end of Main Street in action again,” said Mayor Eslick. “The GROW Washington store and JD Slicks have really helped the economic health of Sultan. I’m very proud of the entrepreneurs that have made this possible.”

GROW Washington has storefronts located in Snohomish and Sultan, and will soon be opening a new store in Everett.

For additional information on becoming a member of GROW Washington, please visit the website at:  http://www.growwashington.biz/

Rethinking origami as ‘Folding Paper’ / Sacramento Press

Miri Golan’s “Two Books,” (left) and Vincent Floderer’s “Clitocybe” (right)

If you think of frogs or birds when someone mentions origami, then perhaps you need to visit the new exhibit, “Folding Paper: the Infinite Possibilities of Origami,” at the Crocker Art Museum, where you’ll see some frogs and some birds, but you’ll also see pieces created by artists from around the globe that go far beyond what’s taught in elementary school.

How about a dress that can be worn standing up, and a matching pair of shoes? Each item was created from a single sheet of parchment paper, without making any cuts. If a parchment dress isn’t to your liking, perhaps a red dress created from a more traditional dress fabric will suit you for that special evening out.

Origami inspires clothing and telescopes (Image by: David Alvarez)

What do dresses have to do with origami? Well, as this exhibit shows, the art of folding paper touches many aspects of daily life, including clothing, buildings, maps and even phone designs.

You won’t want to rush through this exhibit because the lighting is as important as each piece. Watch how the shadows play on Bernie Peyton’s “Frog on a Leaf,” which reminded me of a haiku. Move in close, to the left, to the right, then step back and see how the light shifts, allowing some parts to come forward and others to recede.

One of the most important pieces in the exhibit is Miri Golan’s “Two Books,” which have tiny people figures emerging from the Koran and the Torah. The tiny figures, which appear to be worshipping, come together in peace.

As surprising as the parchment dress is the array of materials used to create these objects. While some artists worked with traditional materials, others, like Giang Dinh, chose to use watercolor paper, as Dinh does for his piece “Fly.”

“Fly” by Giang Dinh, 2010, watercolor paper (Image by: David Alvarez)

Spheres created by artists from Poland, Japan and Germany incorporated metallic paper, ticker tape, paper tape and even copy paper, while Robert J. Lang used glassine paper for his piece, “3 7 Hyperbole Limit, Opus 600,” one of few relatively flat pieces in the exhibit.

The tiniest piece in the exhibit is a crane folded from a candy wrapper. Be sure to take time to read about Sadako Sasaki and how she came to fold this crane, if you do not already know her story.

What should you not miss? The film showing speed folding; Lang’s giclee prints of the crease patterns he used in creating “Bull Moose,” “Scorpion,” and “Red-Tailed Hawk”; the story of the impact of origami on science and industry; and the history of origami, including information about Akira Yoshizawa, who became known as Japan’s first origami fine artist.

Robert J. Lang’s “Scorpion” and “Red-Tailed Hawk” and giclee prints of crease patterns. (Image by: David Alvarez)

This exhibit, curated by Meher McArthur, opened Sunday, June 30, and runs through September 29. To complement the exhibit, the Crocker Art Museum is offering several special events for adults and children. Please visit the museum’s website for more information.

Sacramento Press / Rethinking origami as ‘Folding Paper’.

 

Sacred Shadow Studio Update #3: “Rainbow Mandala” Paper Breaks Scissors

Here’s a small study of what will be a wall-sized Mandala with glints of Refracted Light:

Rainbow Mandala Test copy

Rainbow Mandala Wall and Performance Area

Rainbow Mandala Wall and Performance Area

And this is what happens when you use small scissors to fold and cut lots and lots of thickly folded

paper:

Broken Scissors

Paper breaks Scissors

I upgraded to new fancy titanium blades with molded handle scissors at Utrecht Art Supplies and found out they’ve been bought by Blick. Hmmmm…

Here’s the study for the show title.  I’m still working on my “SELF” (HA!):

Sacred Shadow title study

I’m still working on my “SELF”

Down to the wire, now, my friends. I’m curious to see if I’ll pull this all off. 🙂

See how it all comes together starting June4th at Mind Unwind Gallery with the opening Artwalk June 13th and Closing June 28th.  See more Sacred Shadow Studio updates and read the Artist Statement.

3 Ways Meditation Can Make You a Better Leader – Terra USA

3 Ways Meditation Can Make You a Better Leader

Nadia Goodman

Running a business can be an emotional roller coaster ride, and it’s easy to get caught up in worries about the future or frustrations with the past. Meditation helps to center you in the present moment, making the trials of entrepreneurship more manageable and the lifestyle more sustainable.

“It’s so easy to get swept up in thinking of your marathon as a series of sprints,” says Lodro Rinzler, a meditation instructor and author of Walk Like a Buddha (Shambhala, 2013). “You burn yourself out really quickly.”

Meditation can help counterbalance that anxiety. By training you to stay in the present moment, it helps you develop patience, approach problems calmly, and treat yourself kindly when things go wrong.

The process of meditating is simple: Sit upright in a comfortable position on a cushion or chair and set a timer for 10 minutes. Gaze at a spot on the ground 2-4 feet in front of you and focus on your breath. As thoughts arise, notice them, but try to just let them go.

The challenge comes in finding the discipline to do it every day, as well as the courage to work through your fears and acknowledge negative patterns or habits. “Be extremely gentle with yourself,” Rinzler says. “Obstacles and frustrations come up, but mentally yelling at yourself is antithetical to the whole process of getting to know yourself.”

The benefits may be subtle at first, but here are three ways that a regular meditation practice can help you in the workplace:

1. End habitual unproductive thoughts.

We tend to dwell on common issues, such as frustrations about a co-worker, worries about tomorrow’s presentation, or regrets about yesterday’s gaffe. Those thoughts become habitual distractions, often hurting our relationships and choices. “Meditation is a training tool to help us become familiar with thoughts or patterns that come up over and over,” Rinzler says. To break those patterns during your work day, Rinzler recommends taking a 30 to 60-second break once every hour. Look up from your computer and focus on your breath, noticing any thoughts and letting them go. “By doing that, you’re taking a fresh point of view every hour,” Rinzler says. “That helps you refocus and stay grounded.”

2. Focus on who you want to be.

Meditation is a process of learning who you are, who you want to be, and how to get there. Noticing the thought patterns that arise during meditation makes you aware of the habits you have, allowing you to choose which ones to let go, and which ones to keep. That awareness helps you set clear intentions about the impact you want to have in the world.

To add value to the world through your work, develop your business goals and practices based on qualities you hope to cultivate. For example, if you want to be generous, then ask, what does it mean to build a business based on generosity? What actions would you take on a daily basis if you were a generous leader? The values you choose will be evident in the products, companies, and cultures that you create.

3. Trust your innate wisdom.

Buddhists believe that each of us has innate wisdom, which is the essence of who you are when you act without habits or defenses to hide behind. It’s the root of gut instincts, creativity, and inspiration. “When an idea just occurs to you, that’s your innate wisdom,” Rinzler says.

Entrepreneur – All rights reserved.

via 3 Ways Meditation Can Make You a Better Leader – Terra USA.

 

BBC News – Can ‘mindful’ meditation increase profits?

In amongst all the talk of boosting the global economy at the World Economic Forum in Davos, something called ‘mindfulness’ crept on to the programme for the first time.

The form of meditation’s proponents say it can make you a better and more effective leader, and companies are beginning to take note.

Janice Marturano from Institute For Mindful Leadership explained to the BBC’s Tanya Beckett how the technique can improve commercial performance.

via BBC News – Can ‘mindful’ meditation increase profits?.

 

7 REASONS WHY FIRMS SHOULD INVEST IN MEDITATION FOR STRESSED EXECUTIVES | TrainingZone.co.uk

In this article ex-Barrister, Trainer and Executive Coach, Neil Seligman digests the latest scientific discoveries on the benefits of presence, mindfulness and meditation that all professionals should know about.

1 . MEDITATION REDUCES THE RISK OF HEART ATTACK AND STROKE

The latest study into the long assumed physical benefits of meditation has shown the strongest link yet between a regular practice of meditation and better physical health.

“The main finding [of our research] is that, added on top of usual medical care, intervention with a mind-body technique (here transcendental meditation) can have a major effect on cardiovascular events,” says Robert Schneider, lead author on the study published in Circulation: Cardiovascular Quality and Outcomes.

2 . LONG TERM MEDITATORS ARE ABLE TO PROCESS INFORMATION FASTER

Researchers at UCLA studied the brains of people who had meditated for years comparing them with those who never meditated or who only did it for a short period of time. They took MRI scans of 100 people, half meditators and half non-meditators. They were fascinated to find that long-time meditators showed higher levels of gyrification (a folding of the cerebral cortex that may be associated with faster information processing). In a study published in Frontiers in Human Neuroscience in February 2012, they shared that, the more years a person had been meditating, the more gyrification their MRIs revealed.

3. PEOPLE WHO PRACTICE CERTAIN FORMS OF MEDITATION ARE MORE CREATIVE

Researchers at Leiden University in the Netherlands looked at the way two types of meditation, focused-attention (for example, focusing on your breath) and open-monitoring (where participants focus on both the internal and external) affected two types of creative thinking: the ability to generate new ideas and solutions to problems. In a study published in April 2012 in Frontiers in Cognition, they revealed that those who practiced open-monitoring meditation performed better than non-meditators at tasks related to coming up with new ideas.

4. MEDITATORS ARE LESS STRESSED AND LESS DISTRACTED DURING MULTI-TASKING

A computer scientist at the University of Washington teamed up with a neuroscientist at the University of Arizona to test whether meditation can help professionals stay focused and calm. The pair recruited 45 human resources managers and gave a third of them eight weeks of mindfulness-based meditation training, a third of them eight weeks of body relaxation training and a third of them no training at all. All the groups were given a stressful multi-tasking test before and after the eight weeks. In a study published in the Proceedings of Graphics Interface in May 2012, they showed that the meditation group reported less stress as they performed the multi-tasking test than both of the other groups. This study has further obvious implications on burnout and breakdown, which cost global business a fortune in lost productivity every year.

5 . RECRUITMENT ADVANTAGE: GENERATION Z EXPECT A CONSCIOUS PERSPECTIVE

Generation Z represent our most conscious generation to date. They will be expecting a values-driven approach to doing business, where focus on profit is balanced with focus on planet and people. Whilst they will expect to work hard they will also expect their employers to train and develop them as a human being as well as a professional. The conscious generation will already be familiar with meditation and open to its benefits as these become more widely accepted by science and the media. Impressive employee wellbeing programs will differentiate the best firms from the rest.

6 . CORPORATE CULTURES ARE ALREADY BEING IMPROVED BY MEDITATION

It is already happening:

At General Mills in Minneapolis, Janice Marturano, deputy general counsel at the multinational has founded a program of meditation, yoga and mindfulness, “It’s about training our minds to be more focused, to see with clarity, to have spaciousness for creativity and to feel connected. That compassion to ourselves, to everyone around us, our colleagues, customers, that’s what the training of mindfulness is really about.”William George, a current Goldman Sachs board member agrees, “The main business case for meditation is that if you’re fully present on the job, you will be more effective as a leader, you will make better decisions and you will work better with other people, I tend to live a very busy life. This keeps me focused on what’s important.”

7 . MEDITATION: AN ANTIDOTE TO ADDICTION?

The body of evidence for the power of meditation in addiction treatment and prevention is growing. One 2007 study showed that individuals who participated in meditative practices during recovery gained higher levels of coping skills, as well as a heightened awareness of substance-abuse triggers. Addiction still costs global business billions each year. Meditation offers the prospect of addressing some of the root cause. Prevention is indeed better than cure.

Neil Seligman

Neil Seligman is Director at The Conscious Professsional, a new coaching and training consultancy delivering bespoke training, mindfulness and wellbeing solutions to corporate clients.www.theconsciousprofessional.com

Acknowledgements & Further Reading:

The Conscious Guide to Meditationhttp://www.theconsciousprofessional.com/library/articles/meditation

FT Online: The Mind Businesshttp://www.ft.com/cms/s/2/d9cb7940-ebea-11e1-985a-00144feab49a.html#axzz2I579Vq3A

Ted Bloghttp://blog.ted.com/2013/01/11/4-scientific-studies-on-how-meditation-can-affect-your-heart-brain-and-creativity/

Neurosoup.com: Meditation’s Role in Drug Addiction Recoveryhttp://www.neurosoup.com/meditation_and_addiction.htm

via 7 REASONS WHY FIRMS SHOULD INVEST IN MEDITATION FOR STRESSED EXECUTIVES | TrainingZone.co.uk.

Power Meditation and Business: Redefining ‘Success’

“Meditation more than anything in my life was the biggest ingredient for whatever success I’ve had.” — Ray Dalio, Founder and Chief Investment Officer of Bridgewater Associates

“The Power is given to you from God or whatever you believe and power meditation allows you to channel it and use it…building your inner strength and core.” — Danyaal Hasan, Banker in London

“The biggest change is that self-confidence comes back and positive thinking opens up lots of channels of success. The powers within yourself open up and attract people towards you”. — Sworup Dutta, Founder of Power Meditation.

Although a growing number of “successful” business people make meditation part of their lives, very few of them speak that openly about it. I came across the name of the hedge fund wizard, Ray Dalio, on a blog by the late free-internet hero, Aaron Swartz entitled: “Leaning into the Pain.”

In this blog he cites Dalio writing:

Gaining strength is the adaptation process of the body and the mind to encountering one’s limits, which is painful. In other words, both pain and strength typically result from encountering one’s barriers. When we encounter pain, we are at an important juncture in our decision-making process.

One way that Dalio approaches dealing with all of this is through meditation. Dalio asserts :

“Meditation has given me centeredness and creativity…it’s also given me peace, health… I go into a subconscious state basically and it opens my mind and relaxes me and when I carry that… through the day it gives me an ability to look at things without the emotional high jacking without the ego with a clarity and gives me an open-mindedness… and that is where the creativity comes from…”

My first deeper experience with meditation, and how it could completely change one’s life, was when I met Sworup Dutta, who had come to Paris from India last October. Several business and personal acquaintances had learned about power meditation, a kind of meditation focusing on willpower and one’s own strength through personal willpower, and I had witnessed it changing their lives. Not only did these people feel better, their professional lives were enhanced, and more “successful.”

Failure, competition, and ultimately business is all about human experience. Power meditation can be done daily in 15-20 minutes, and goes beyond mindfulness into actually boosting self-esteem and effectiveness. I spoke with Danyaal Hasan, who has a very busy schedule working in private banking in London. He gets up around 5 a.m. and is not home until 8 or 9 p.m. and has very little time to focus on his family. He met the founder of the power meditation technique, Sworup Dutta years ago through his wife’s family. He began discussing and doing meditation seven years ago but then Sworup introduced him to power meditation last October. Danyaal’s experience was very similar to my own experience with Sworup.

“I try to do power meditation a few times a week, or at least on the weekends. It helped when Sworup was physically present to lead the meditation, in that I had the same feeling I have when I am in a holy place, feeling calmer, slowing down… the body posture and clearing of the mind are what I picked up on…”

“It gives you more confidence, generally as I am younger and less experienced than many of my colleagues, I feel I have to work harder… there was extra pressure and self-doubt. Now, when I am in a meeting, I feel more confidence. Power meditation helped me to really enjoy my work. I love what I do.”

But what is the difference between meditation in general and power meditation?

Danyaal describes it like:

Power Meditation allows you to focus on your willpower. It is about focusing on a single point and not thinking about anything else other than building your will and inner strength. Everything one must do on a day-to-day basis becomes focused on this will. There is a confidence in interactions with others and how one deals with tricky situations in the financial world. Power meditation is very effective for people in this turbulent industry.

I would add that, when applying power meditation to one’s personal life as well, to deal with emotional and relationship difficulties, that building one’s willpower allows us to see and act more clearly, with a kind of cool distance, while still remaining present. This ability to focus and to feel the strength and confidence, which comes from focusing one’s willpower, also helps us to make decisions, even split second ones, with more intelligence and wisdom.

After three days of power meditation sessions, when confronted with a personal situation which I felt was disrespectful and which called for an immediate decision to be made, however painful, I was able to make that decision firmly and stick with it.

There was no doubt I had made the correct decision and the self-confidence I felt, even alongside the pain of an ending of a relationship, helped me to move ahead and ultimately look back and know I had done exactly the right thing. Even during the most trying and sad moments, I never doubted that the power meditation and the strength I had inside myself to enforce my own integrity and my own boundaries, were opening new doors towards a more successful and authentic future. Putting both professional and personal experiences into perspective, allows us to redefine success. The time taken to meditate creates clarity about what success truly means.

Failure is a learning experience. The ability to center and channel one’s willpower through meditation helps us to step back and see that failure is actually part of our success. It simply becomes part of life, one strand in the richness of human experience. I was able to share this power meditation with my teenage daughter who felt a strong change after a short session.

“If you believe in yourself, you can achieve great things.” — Danyaal Hasan

Sworup Dutta adds that when he is able to personally be present during a power meditation session, that it is like water falling on a tree and then those drops falling from each leaf producing results. “When your body and signals being sent to the super conscious mind then penetrate and help wake up your unconscious mind, you perceive life in a different fashion.”

This is what I experienced with power meditation. It went beyond what I had known through practices of mindfulness, yoga and other meditative work. There was something so powerful that I can honestly say it was life changing. Power has shifted in my life, and others I spoke with agree that after beginning power meditation, everything changed.

It only gets better. If more people in the financial world were able to step back and look clearly at what they are doing, finding strength and confidence within themselves to do the right thing, not simply what appears to be “successful,” they would find deeper and more lasting success. I encouraged Danyaal to speak openly about his power meditation as Ray Dalio does about his practice of meditation, as the more comfortable the business world becomes with these practices, the healthier and more sustainable our economies will become.

Danyaal added:

This is something we should be talking about as it transforms how you do business. A lot of issues in the financial sector are really about how we have done things and how we need to focus on people and not just ourselves. The more people who conduct themselves in business with positive energy, the more it rubs off and creates positive outcomes.

The funny thing is that as each person slows down and takes that time to focus on their own willpower, through meditation, it benefits the whole. Economies are ultimately about human beings. Being able to create the most positive environment in which business to operate will have a lasting impact on the future of how we live and create more sustainable societies. Perhaps individual meditation can be seen as a kind of bottom up “anti-fragile” way of doing business. It is obvious that something needs to be done differently in order to learn from failure, and create more success for a greater number of people. I believe meditation is part of the answer.

Follow Vivian Norris on Twitter: www.twitter.com/vivigive

Vivian Norris: Power Meditation and Business: Redefining ‘Success’.