Towards Wise Management Wisdom and Stupidity in Strategic Decision-making /

• Main Author: Peltonen, Tuomo (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
• Edition: 1st ed. 2019.
• Subjects: Business-Religious aspects.; Leadership.; Faith, Spirituality and Business.; Business Strategy/Leadership.
• Physical Description: XI, 212 p. 4 illus. online resource.
• ISBN: 9783319917191
• DOI: 10.1007/978-3-319-91719-1

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.