Business Administration Based on the Practice of Sila Parami

Abstract

            This academic article aims to analyze the concept of Sila Parami (Perfection of Morality) in Theravada Buddhism and apply it as an ethical framework for contemporary business administration. The central argument posits that Sila is not merely a personal moral discipline but can be transformed into a system of organizational ethics that fosters long-term sustainability. The article explores the meaning and three progressive levels of Sila Parami - basic, intermediate, and ultimate - and integrates these with modern leadership theories such as Ethical Leadership, Authentic Leadership, and Servant Leadership. The findings indicate that business leadership rooted in Sila Parami cultivates self-discipline, integrity, transparency, compassion, and accountability toward all stakeholders. A key contribution of this article is the development of the S.I.L.A.H. Leadership Model, Derived from the synthesis of Sla-parami (the perfection of morality) and the concept of ethical leadership. comprising five core elements : Self-discipline, Integrity, Loving-kindness, Accountability, and Harmony. This model illustrates how moral cultivation within Buddhist practice can guide organizational behavior, ethical decision-making, and sustainable leadership in complex and volatile environments. In conclusion, the article proposes that in an era marked by uncertainty and moral challenges, business management must be revitalized from within. Sila Parami offers a spiritual and ethical foundation that harmonizes economic objectives with moral responsibility - laying the groundwork for a more compassionate and trustworthy corporate culture.