Humans must be in focus when companies are improving their productivity, profitability and performance in business. Applied philosophy for management and leadership places humans in the company context as living entities aligned with the business management and leadership objects (MLOs) in the conscious experiences of the company workforce. Starting with Hellenic philosophy and drawing on more modern philosophies relevant to everyday business, the applied philosophy concept in management and leadership can harness business ontologies, taxonomies, classes and other knowledge classification techniques in order to create added value in companies. By interpreting knowledge from the Delphic maxims as the basis for many new and alternative MLOs, theories, approaches and practices can be generated. The holistic concept of man (HCM) and the circles of mind (COM) models open up the human mind and situationality in a new way, giving new alternatives in terms of understanding how humans, as decision makers, behave in a company context. This paper explores the applied philosophy concept for management and leadership in order to develop a more practical description of the company democracy model (CDM).