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Mindfulness as a strategy for sustainable competitive advantage

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  • Krishnan, Hema A.

Abstract

This conceptual article explores how mindfulness can be successfully integrated in the strategy tool kit of organizations. The likely global reconstruction in the aftermath of COVID-19 can be effective if organizations reexamine their existing philosophies and business practices. Against this backdrop, mindfulness is a time-tested practice that has the potential to transcend all functions in a company’s value chain and to create a sustainable competitive advantage. This article uses a strategy lens to examine mindfulness in organizations, which has implications for researchers and practitioners. First, I discuss the theoretical frameworks of mindfulness, the performance improvements that individuals can expect from consistent practice, and how these improvements translate to organization-level performance. Next, I summarize the methods and tools for workplace application and the steps for implementing mindfulness strategies in organizations. Finally, I describe implementation challenges and offer assessment tools for mindfulness.

Suggested Citation

  • Krishnan, Hema A., 2021. "Mindfulness as a strategy for sustainable competitive advantage," Business Horizons, Elsevier, vol. 64(5), pages 697-709.
    • Handle: RePEc:eee:bushor:v:64:y:2021:i:5:p:697-709
    DOI: 10.1016/j.bushor.2021.02.023
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    References listed on IDEAS

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    1. Yela Aránega, Alba & Del Val Núñez, Mª Teresa & Castaño Sánchez, Rafael, 2020. "Mindfulness as an intrapreneurship tool for improving the working environment and self-awareness," Journal of Business Research, Elsevier, vol. 115(C), pages 186-193.
    2. Karl E. Weick & Kathleen M. Sutcliffe, 2006. "Mindfulness and the Quality of Organizational Attention," Organization Science, INFORMS, vol. 17(4), pages 514-524, August.
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    Cited by:

    1. S. Sinan Erzurumlu & Stephen Deets & David Nersessian & Vikki L. Rodgers, 2023. "Strategic engagement of business with Sustainable Development Goals: A systems thinking approach," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4954-4969, November.
    2. Rowan Mulligan & José Ramos & Pilar Martín & Ana Zornoza, 2021. "Inspiriting Innovation: The Effects of Leader-Member Exchange (LMX) on Innovative Behavior as Mediated by Mindfulness and Work Engagement," Sustainability, MDPI, vol. 13(10), pages 1-18, May.

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