Laszlo Zsolnai gave a lecture on “The Business of Happiness and Wellbeing” in the “Happiness Talk Series” at the Indian Institute of Technology, Kharagpur on October 30, 2021.
Laszlo Zsolnai introduced the Western (Aristotelian) and the Eastern (Buddhist) conceptions of happiness and discussed the contemporary approaches to wellbeing. He argued that the purpose of the firm should be redefined. Instead of maximizing profit, firms should maximize the wellbeing of all stakeholders. He presented the cases of Organic India (Lucknow, Uttar Pradesh), Green Monday (Hong Kong), and Triodos Bank (Te Netherlands) as successful working models of wellbeing oriented organizations.