Business Secrets of the Trappist Monks

August Turak

August Turak

Business Secrets of the Trappist Monks

One CEO's Quest for Meaning and Authenticity

In: Columbia Business School Publishing

Columbia University Press | 2013

https://doi.org/10.7312/tura16062

Overview
Contents

About this book

August Turak is a successful entrepreneur, corporate executive, and award-winning author who attributes much of his success to living and working alongside the Trappist monks of Mepkin Abbey for seventeen years. Service and selflessness are at the heart of the 1,500-year-old monastic tradition's remarkable business success, an ancient though immensely relevant economic model that preserves what is positive and productive about capitalism while transcending its ethical limitations and internal contradictions. Combining vivid case studies from his thirty-year business career with intimate portraits of the monks at work, Turak shows in this volume how Trappist principles can be successfully applied to a variety of secular business settings and to our personal lives as well. He ultimately demonstrates that the monks and people like Warren Buffett are wildly successful not despite their high principles but because of them. Turak also introduces other "transformational organizations" that share these crucial monastic business strategies so critical for success.

What a highly successful, centuries-old practice can teach the corporate world and how it can bring more meaning to one's career.

Author information

After a corporate career with companies like MTV, August Turak founded two highly successful software businesses, Raleigh Group International (RGI) and Elsinore Technologies. He received a B.A. in history from the University of Pittsburgh and is pursuing a Masters in theology at St. John's University, Minnesota. Turak's essay "Brother John" received the grand prize in the John Templeton Foundation's Power of Purpose essay contest. He has been featured in the Wall Street Journal, Fast Company, Selling Magazine, the New York Times, and Business Week, and is a popular leadership contributor at Forbes.com. His website is www.augustturak.com.

Reviews

Turak has done an excellent job of identifying and articulating the homegrown and unique business model the Trappists use interesting and unique It's a book worth reading.

A quite serious and often fascinating read.

Part philosophy, part economics, and very much about service The Business Secrets of the Trappist Monks will guide you to a better understanding of why you do what you do.

Ray Williams:
The book is an inspirational, provocative and ground-breaking tour-de-force and should be required reading for business leaders and in business schools.

Lindsay Thompson, John Hopkins University- Carey Business School:
This is an inspirational book that presents a different view of business leadership and success that is important for serious and aspiring business leaders to take into consideration. August Turak also has a narrative voice that is both genuine and authoritative, and he has thoughtfully organized 'take-aways' throughout the book into lists that will be extremely useful for readers.

Will Willimon, Duke Divinity School and author of Sinning Like a Christian: A New Look at the Seven Deadly Sins:
This is an eloquent, powerful book that accentuates the power of trust and the surprising gift that selfless leadership can bring to institutions. August Turak expertly shows how Trappist ways and wisdom connect character to the art of leadership, and how this unique approach can be helpful in our current thinking about leadership, business, and the meaning of our own lives. New insights and ancient truth blend in this remarkable book by a remarkable teacher.

Mark Booth, former chairman and CEO of NetJets Europe:
The Business Secrets of Trappist Monks is sure to be a business classic. It is a compelling and important tutorial on how to build authentically sustainable companies. August Turak's stories and examples are magical, yet the philosophical ideas they're founded on resonate with truth. It is a must read for the thoughtful executive.

Tom Freston, former CEO of Viacom and MTV Networks:
This book is both quietly provocative and groundbreaking. With great simplicity, August Turak unlocks these monastic 'secrets' that go to the core of succeeding in an economic era in which authenticity and passion have become key. Who knew the monks had so many things right?

Adam Grant, author of Give and Take: A Revolutionary Approach to Success:
Business Secrets of the Trappist Monks is an eye-opening read. August Turak delivers a timely, insightful message about the power of purpose and the surprising ways that service can fuel success. The engaging narrative—which is grounded in Turak's rich, diverse experiences as an entrepreneur, corporate executive, and monastic guest—paints a picture of a path to profits that is both pioneering and provocative.

Michael Keaton, actor:
I truly believe this book will improve not only your business but your life. Read it. Apply what you learn and then, in keeping with the very spirit of the book, pass it on to someone else.

Frontmatter Free access PDF PDF	i
Contents Free access PDF PDF	vii
Preface Access restricted Content is available PDF PDF	ix
1. The Economic Miracle of Mepkin Abbey Access restricted Content is available PDF PDF	1
2. What We All Really Want Access restricted Content is available PDF PDF	15
3. The End of Selfishness Access restricted Content is available PDF PDF	33
4. Goat Rodeos and the Transformational Organization Access restricted Content is available PDF PDF	45
5. Mission Access restricted Content is available PDF PDF	57
6. Selflessness and Community Access restricted Content is available PDF PDF	77
7. Excellence for the Sake of Excellence Access restricted Content is available PDF PDF	91
8. Ethical Standards, or, Why Good Things Happen for Good People Access restricted Content is available PDF PDF	115
9. Faith Access restricted Content is available PDF PDF	127
10. The Power of Trust Access restricted Content is available PDF PDF	139
11. Self-knowledge and Authenticity Access restricted Content is available PDF PDF	153
12. Living the Life Access restricted Content is available PDF PDF	169

Business Secrets of the Trappist Monks

One CEO's Quest for Meaning and Authenticity

Details

Formats