The Transformation Process of Revival: A Case Study of LoToun Steel Adopted Chinese Culture I-Ching Feng-Shui Philosophy to Change Thought

Why a poorly management business after being taken over by an owner who is not in this area of expertise, can go back to life and also to regain the wellbeing of organizational life value? From the general management theory will be an unexplained case, but what kind of transformation process does it undergo? This study applied case study research method through Chinese culture I-Ching Feng-Shui study’s point of view to reanalysis a revival process of LoToun Steel. This study finds that there are two major changes for the case company after originally trader Chairman Ding Yu-Quan took over LoToun Steel. The first change is to adopt Chinese culture I-Ching Feng-Shui principle reconstructing the main gate and environmental layout of the company. The second change is to adopt I-Ching philosophy in the organization decision making instead of immediate costs and short term interest considerations. However, this study explores that how the Chinese culture I-Ching Feng-Shui philosophy can affect the decision making of the organization, and then leading to the revival of transformation process. The research finds that thinking mode of I-Ching Feng-Shui philosophy will affect leader to change thought to achieve wisdom leadership. This includes that the leader’s thinking change will change organization situation, the leader’s ability to change tangible resource into intangible and also relatively to change intangible resource into tangible, and the leader’s ability to allocate people and things into right place for improving organization value and wellbeing. Thus, this study proposed the practical and research implications.

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Author Information
Chen-Mei Li, Weixin Shengjiao College, Taiwan
Li-Yueh Chen, Weixin Shengjiao College, Taiwan
Ching-Fang Lee, Shih Chien University, Taiwan

Paper Information Conference: ACP2018
Stream: Qualitative/Quantitative Research in any other area of Psychology

Added on Monday, April 9th, 2018
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Posted by amp21