A more surprising discovery is that the teaching is a subset of the Confucianism teaching in "The Book of Great Learning 大学".
The following mind-map compares their contents:
So, it seems to support my proposed idea that "modern Western Management is moving towards Ancient Chinese Wisdom" or "Management 2.0 is Chinese Philosophy".
See The Future Of Management is Ancient Chinese Classics
and Integrated View of the Wisdom of Chinese Classics – Future of Management Now
Lim Liat (c) 6 Sep 2020
See The Future Of Management is Ancient Chinese Classics
and Integrated View of the Wisdom of Chinese Classics – Future of Management Now
Lim Liat (c) 6 Sep 2020