Journal of Management Development: Volume 29 Issue 7/8

The practical wisdom of Peter Drucker: roots in the Christian tradition

Practical wisdom is central to the tremendous success of Peter Drucker as a management thinker. The paper aims to argue that the attractiveness of his writings is mainly due to…

In search of socio‐economic syntheses

Starting from the premise that responsible managers utilize their competences and creativity to carry out projects which improve stakeholder satisfaction and economic performance…

Practical wisdom in managerial decision making

The aim of this paper is to present the necessity for practical wisdom in the managerial decision making process and its role in such a process. The paper seeks to contrast the…

The current crisis: who is to blame?

This paper seeks to provide an approach to analyze the causes of the current financial crisis. Following classic guidelines of Catholic social thought, it aims to show how…

Transforming healthcare: a study in practical wisdom

Ascension Health has developed a leadership formation program and decision‐making process specifically designed to tap into the inner spiritual strengths of its religiously…

Seasoning business knowledge: challenging recent Catholic social thought

This paper aims to indicate how practical wisdom in the western Christian tradition may be introduced into management development. Following recent documents of Catholic social…

Middle level thinking: the cultural mission of business schools

Business education should be seen as a form of professional education which assists the student to acquire the virtue of practical wisdom. This article seeks to discuss the issues.

Practical wisdom and understanding the economy

This paper aims to look at the development of economic theory into what Aristotle called a “theoretical science” and the subsequent rejection of practical wisdom. Since business…

Practical wisdom for turbulent times: exegesis beyond historical and canonical concerns

In turbulent times like these, practical wisdom from the religious and spiritual traditions can provide new grounding. In the Christian tradition, practical wisdom can be derived…

The practical wisdom of personalism

Current mainstream management theory is based on incomplete assumptions regarding the nature of human beings and human action, leading to damaging practical results. This paper…

Aquinas on management and its development

This paper aims to present Aquinas' psychological theory of action as a useful guide for understanding decision making in management.

Practical wisdom and the Rule of Benedict

This paper aims to examine the meaning, use and practical application to management education and leadership development of the terms wisdom, practical wisdom, prudence…

Practical wisdom, an attempt for a Protestant re‐formulation

This paper seeks to explore the role of virtues in the context of management from a religious perspective. Its objective is to shed some light on the significance of Martin…

The Decalogue and practical wisdom: rereading a seminal text

Acting in complex and paradoxical situations cannot be taught through recipes. This article rereads a seminal Biblical text, the Decalogue, and seeks to place it in the actual…

The practical wisdom of the Catholic social teachings

This paper aims to focus on business education, which should not exclude strains of religious ethical traditions, e.g. Catholic social thought, and the practical wisdom embodied…

Spiritual capital and practical wisdom

The aim of this paper is to show the connection between spiritual capital and practical wisdom with moral virtue as the link of both concepts.

Practical wisdom in management from the religious and philosophical traditions

Practical wisdom in management from the Christian tradition