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“A brilliant and comprehensive introduction to the most seminal component of leadership: wisdom. The diversity of the readings and wisdom of the authors make this a most original and valuable addition to the management canon.”—Warren Bennis, Distinguished Professor of Management, University of Southern California and author of On Becoming a Leader“This wonderful compilation proves that management is as much art as science, and that deep thinking can inform and inspire practice to be more humane, ethical, and, yes, wise.”—Rosabeth Moss Kanter, Harvard Business School Professor and best-selling author of Confidence: How Winning Streaks and Losing Streaks Begin and End“If you'll forgive a pun, this is a wise book about organizational and managerial wisdom. It shows what's possible when some of our best thinkers turn their ...

Strategic Ethics—Strategy, Wisdom, and Stakeholder Theory: A Pragmatic and Entrepreneurial View of Stakeholder Strategy
Strategic ethics—strategy, wisdom, and stakeholder theory: A pragmatic and entrepreneurial view of stakeholder strategy

The process of strategy making remains complicated by the challenges of dynamic change in volatile markets (Hamel, 1996; Liedtka, 1998; Liedtka & Rosenblum, 1996; Mintzberg, 1978; Mintzberg & Waters, 1985) as well as the need to incorporate an ethical dimension (Hosmer, 1994) in a way that is useful to practitioners (e.g., Markoczy, Floyd, & Baldridge, 2004). Stakeholder theory has been offered as an approach to strategy making that both enables flexible and responsive strategic action in turbulent markets (Freeman, 1984) and explicitly addresses morals and values as a central feature of strategic management (Phillips, Freeman, & Wicks, 2003). ...

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