Innovation Humanities and Social Sciences Research (IHSSR)

Publisher:ISCCAC

Study on the Management Wisdom of Meng Luochuan, a Prominent Confucian Businessman
Volume 20
Authors

Qilin Zhang

Corresponding Author

Qilin Zhang

Publishing Date

30 December, 2024

Keywords

Confucian businessman, Meng Luochuan, Business wisdom.

Abstract

Meng Luochuan has been deeply influenced by Confucianism, exemplified by the teachings of Confucius and Mencius, and gave the essence of this traditional oriental thinking into full play in business. He is adept at identifying and capitalising on opportunities, demonstrating an ability to adapt to changing circumstances and collaborate effectively; he is benevolent and philanthropic, seeks self-cultivation, and is practice-oriented and self-disciplined; he is a prodigy in Confucian business who perfectly combines Confucianism and business with his peculiar business ideas and superb business art. He has developed and expanded the shop “Refosian”, which was originally created by his father, and pioneered the “chain-store operations” approach that inspired the creation of Wal-Mart. Some of his successful experiences in business operations remain of theoretical and practical significance, warranting a systematic summary and serious study.

Copyright

© 2024, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license