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Mindfulness training can help meditator cut losses

Practice more than just a passing management fad as it can play role in decision-making and bring changes to emotions and behaviour

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Mindfulness has been found to reduce short-term negative emotions, reduce distraction from the task at hand, and reduce the impact of negative information on attitudes and persistence. Photo: Thomas Yau

Mindfulness meditation is a practice that cultivates awareness of the present moment and clears the mind of other thoughts, often accomplished by non-judgmentally focusing attention on the physical sensations of breathing or other experience as it occurs.

Top-level managers appear to be highly interested in mindfulness at the moment, as evidenced by recent sessions on meditation at the World Economic Forum in Davos, Switzerland, and a cover story about mindfulness in Time magazine.
Chief executives of major companies such as Ford Motor, Salesforce.com and Tupperware have publicly touted the benefits of meditation. Organisations as varied as Google and the United States military have instituted internal mindfulness-based training programmes for their employees.
Meditation … reduced negative emotion [and] facilitated [the] ability to let go of sunk costs

At Insead - in Singapore and abroad - professors incorporate meditation into executive and MBA courses.

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Although there is a risk that some may write off mindfulness as pop psychology or a management fad, it is more than that.

The practice dates back more than 2,000 years to the Pali canon of Theravada Buddhism, and Western clinical psychologists have used secular mindfulness meditation training to effectively combat anxiety and depression for several decades.

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There are many articles in academic journals, particularly in the fields of cognitive psychology and neuroscience, that document the benefits of meditation.

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