A study on human-centered management from the perspective of perennial wisdom

Abstract

This paper essentially deals with management, and human as its natural implication. In this study, we comparatively discuss two management approaches. While one approach only aims maximizing profit, “human-centered management” focuses on people and social good in its practices. Human-centered management can be defined as ‘management that suits and relates to people’. The aim of human-centered management is to serve people. Considering humankind as resources and tools, the purpose of profit-oriented management is to maximize the profit of the enterprise. In human-centered management, human is not a tool, but an end in itself as a valuable/precious being.