Wangdao
Philosophy
New Wangdao
The "Wangdao" philosophy, first introduced 2,500 years ago by Mencius, a prominent Confucian thinker of the Warring States period, originally referred as an appeal to the nations as the King’s Way. In 2011, this philosophy was redefined in the contemporary world. The so-called “New Wangdao” is no longer about the King’s Way but for the Leader’s Way—a guiding principle for leaders of all scales, dedicated to the well-being of the world.
New Wangdao’s Three Major Core Beliefs
At the heart of New Wangdao lie three fundamental principles:
1. Value Creation
2. Balance of Interests
3. Sustainable Development
True sustainable development can only be achieved through continuous value creation and the establishment of a mechanism that fosters co-creation and ensures a balanced distribution of benefits among stakeholders.
The General Theory of Hexa-Aspect Values
Value creation, a cornerstone of New Wangdao, is grounded in the “General Theory of Hexa-Aspect Values”, which emphasizes that value creation must come from the hexa-aspect to view the overall value of an object. Besides the visible values of tangible, direct and present, we must place importance on the invisible values of intangible, indirect and future. Leaders must not only generate visible values for the organizations and society but also cultivate long-term, invisible values such as organizational culture, talent development, branding, research and innovation, etc.
Balance of Interests
Additionally, the “Balance of Interests” is another important core concepts of the New Wangdao. Value creation is a collective effort that involves multiple stakeholders, making it essential to establish a mechanism that fosters value co-creation. This mechanism must function as a cooperative platform built on mutual trust among all parties. Therefore, balance should not be viewed as an “absolute balance”; rather, it should be understood as “relative balance” or “dynamic balance”, requiring a weighted approach to ensure fair and sustainable adjustments.
Video Source: StanShih Foundation
© 2025 by PORRIMA