Handbook of Organizational and Managerial Wisdom

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SAGE Publications, May 16, 2007 - Business & Economics - 656 pages


"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 collective attention to such timely subjects as EQ, negotiation, global politics, and individual and organizational ethics."

Steve Kerr, Chief Learning Officer, Goldman Sachs, and Past President of the Academy of Management

"One of the ′most promising′ forthcoming management books."

—EUROPEAN ACADEMY OF MANAGEMENT

"To wade into the topic wisdom is to see organizing differently. To wade into this volume is to see wisdom differently. Both forms of effort embody a wonderful moment of wisdom itself."

Karl E. Weick, Distinguished Professor of Organizational Behavior and Psychology,University of Michigan

Some interesting issues emerge when one views organizations from a wisdom-based perspective. Does technology promote or inhibit wisdom? How do HR systems, organizational forms, management practices, and operational capabilities relate to wisdom? What are the ethical and social dimensions of wisdom? What makes a wise leader? Can wisdom be developed and utilized strategically? Do conceptions and manifestations of wisdom vary across cultures? Can one teach wisdom?

Editors Eric Kessler and James Bailey have produced a ground-breaking compendium of globally renowned thinkers in the Handbook of Organizational and Managerial Wisdom. This Handbook systematically explores the characteristics of understanding, applying, and developing organizational and managerial wisdom.

Key Features

  • Organizes wisdom around the five primary philosophical branches—logic, ethics, aesthetics, epistemology, and metaphysics
  • Applies wisdom in organizations and management through international examples that synthesize a set of practical principles for academics and practicing managers
  • Offers an outstanding collection of world-renowned scholars who give profound insights regarding wisdom

 

Contents

Foreword
ix
Understanding Applying and Developing Organizational and Managerial Wisdom
xv
Logic
1
Wisdom in Organizations A Balance Theory Analysis
3
Team Wisdom Definition Dynamics and Applications
21
Institutionalizing Wisdom in Organizations
43
Toward a WisdomBased Approach to Strategic Management
61
Ethics
89
Interpretive Wisdom
277
Wisdom Culture and Organizations
295
Interpersonal Relations in Organizations and the Emergence of Wisdom
327
Innovation and Organizational Wisdom
357
Metaphysics
375
The Getting of Wisdom SelfConduct Personal Identity and Wisdom Across the Life Span
377
We Live in a Political World The Paradox of Managerial Wisdom
399
Global Wisdom and the Audacity of Hope
423

The Virtue of Prudence
91
The Wise Negotiator
109
Acting Wisely While Facing Ethical Dilemmas in Leadership
133
Strategy Wisdom and Stakeholder Theory A Pragmatic and Entrepreneurial View of Stakeholder Strategy
151
Aesthetics
179
SelfInterest
181
Emotional and Social Intelligence Competencies Are Wisdom in Practice
223
Aesthetics and Wisdom in the Practice of Organization Development
243
Wisdom and Human Resource Management
261
Epistemology
275
Can Wisdom Be Taught?
459
Synthesizing Commentary
475
Objectivism as the Proper Philosophy for Living on Earth
477
Integrating EastWest Perspectives
505
Name Index
527
Subject Index
541
About the Editors
567
About the Contributors
569
Copyright

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About the author (2007)

Eric H. Kessler is the Henry George Professor of Management, and founding director of the Business Honors Program, in the Lubin School of Business at Pace University in New York City. As a management scholar, Dr. Kessler holds a PhD in organization management and international business; he has produced over 100 research papers and presentations that span a broad array of management issues and published three critically acclaimed management books: (1) Handbook of Organizational and Managerial Wisdom, (2) Cultural Mythology and Global Leadership, and (3) Management Theory in Action: Real World Lessons for Walking the Talk. As a management educator Dr. Kessler instructs courses and conducts developmental workshops on a range of management levels and topics; in addition he has worked as an executive educator, corporate speaker, and has led numerous global management field studies traveling across six continents. As a management professional, Dr. Kessler is a Fellow and Past President of the Eastern Academy of Management and a long-time member of the Academy of Management; he has served on several management journals’ advisory and editorial boards and has worked with a wide variety of large and small as well as private and government organizations. Dr. Kessler has received many academic honors and awards, is a member of Phi Beta Kappa, and has been inducted into national and international honorary societies in business, forensics, economics, and psychology.

James R. Bailey is Professor and Hochberg Fellow of Leadership Development at the George Washington University School of Business, and a Fellow in the Centre for Management Development, London Business School. He has taught at University of Michigan, New York University, IMD, and Helsinki School of Economics, Dr. Bailey is the recipient of many teaching distinctions, including four GWSB Outstanding Faculty Awards. In 2006 he was named one of the world’s top ten executive educators by the International Council for Executive Leadership Development. He has published over 50 academic papers and case studies, and is the author of five books, including the award-winning, best-selling Organizational and Managerial Wisdom and the forthcoming Lessons on Leadership. He has designed and delivered hundreds of executive programs for firms like Nestle, UBS, Conoco-Phillips, and Goldman Sachs, as well as several major law firms and US Congressmen. Dr. Bailey is a frequent keynote speaker who has appeared on broadcast programs for the BBC, CBS, NPR, and Fox News Channel, and whose work has been cited in such outlets as the Wall Street Journal, Fortune, Forbes, and Business 2.0. He is a frequent contributor to The Hill, Washington Post, Washington Business Journal, and Harvard Business Review. He is the past Editor-in-Chief of the Academy of Management Learning and Education, as well as the founder and Editor-in-Chief of the online magazine Lessons on Leadership (www.lessonsonleadership.org) and the author of the Psychology Today column, At the Helm. Professor Bailey has served as a dean, department chair, and program director during his 30 year academic career. Selected Readings (hyperlinks): Morpheus’s Bargain, International Business Times Return to the Larger than Life Leader, The Hill Self-improvements Myths, Harvard Business Review The Indispensability Syndrome, Washington Post The Difference between Good and Great Leaders, Harvard Business Review Great Leaders and their Environments, Lessons on Leadership Areas of expertise include: Effective leadership, Leadership Development, Organizational and individual change, Strategy formulation and execution, Corporate boards, Employee motivation, competence, satisfaction, and performance, Negotiations, Gender in leadership, Managerial decision making, Business ethics, Teams Industries with experience include: Law firms, Congressional Offices, Banking/Finance, Food and beverage, Higher Education, Oil & Gas, Professional Service, Higher Education Organizations consulted for include: Mayer-Brown, Nestle, Goldman Sachs, Latham Watkins, Morgan Stanley, U.S. Congressional Institute, Booz Allen Hamilton, Metropolitan Baptist Church (DC)

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