International Journal of

Business & Management Studies

ISSN 2694-1430 (Print), ISSN 2694-1449 (Online)
DOI: 10.56734/ijbms
The Water-Like Daoist Big-Five Theory for Business and Management: Quantitative and Qualitative Support

Abstract


The Water-like Daoist Big-Five Theory for business and management has been developed based on the ancient Chinese Dao De Jing (or Tao Te Ching or The Power of Dao) by Laozi/Lao Tzu in about 550 BC (also sometimes referred to as The Book of Laozi). The main ideas of Daoism focus on harmony with nature (i.e., Dao or Tao) and harmony with human beings (i.e, De or Te). Lee and team (Lee, 2003, Lee et al, 2008; Lee et al., 2013; Lee & Holt, 2019) developed the Water-like Daoist Big-Five Theory, which includes altruism, modesty/humility, flexibility/resilience, honesty/transparency, and gentleness and perseverance, as an alternative to the mainstream Big-Five theory.  The current paper examines quantitative data, generating the 20-item Daoist Big-Five scale (Lee et al., 2013), and qualitative evidence in support of the Water-like Daoist Big-Five Theory of Personality. Findings highlight, for example, the utility of this theory for facilitating effective leadership, navigating group dynamics and fostering collaborative efforts, promoting conflict resolution, and encouraging greater harmony with the natural world, including plants, animals, landscapes, and other humans. While this theory is very promising, further validation of this model and more research into its’ applications are warranted.