Cover image for Towards Wise Management Wisdom and Stupidity in Strategic Decision-making
Towards Wise Management Wisdom and Stupidity in Strategic Decision-making
Title:
Towards Wise Management Wisdom and Stupidity in Strategic Decision-making
ISBN:
9783319917191
Personal Author:
Edition:
1st ed. 2019.
Publication Information New:
Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
Physical Description:
XI, 212 p. 4 illus. online resource.
Contents:
1. Introduction -- 2. The Three Levels of Wisdom -- 3. Case Study 1: Wise Leadership During the Cuban Missile Crisis -- 4. Case Study 2: The Wisdom and Stupidity of Military Calculations in International Politics -- 5. Case Study 3: Interpretations of the Emergence of the Financial Crisis in the Finnish Print Media -- 6. Case Study 4: The Collapse of Nokia's Mobile Phone Business -- 7. In Conclusion: The Opportunities and Obstacles of Reinforcing Wisdom in Management.
Abstract:
This book contributes to the discussion on wisdom in management, leadership and strategy by developing a unique theoretical approach. Integrating rational-analytical, intuitive and philosophical dimensions of wise decision-making, it advocates a broadly Platonic-Socratic view on wisdom. Applying a developed framework of wisdom dynamics, it analyses a number of decision-making case studies in order to discuss the potential of and obstacles to the use of wisdom in broader organizational trends, from the Cuban Missile Crisis to the downfall of Nokia.
Added Corporate Author:
Language:
English