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Towards wise management : wisdom and stupidity in strategic decision-making

Author: Tuomo Peltonen
Publisher: Cham : Palgrave Macmillan, [2018] ©2019
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: (OCoLC)1031449978
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tuomo Peltonen
ISBN: 9783319917191 3319917196
OCLC Number: 1046977735
Description: 1 online resource
Contents: Intro; Preface; Contents; List of Figures; List of Tables; 1: Introduction; 1.1 What Is Wisdom?; 1.2 The Modern Era and the Degradation of Wisdom Culture; 1.3 The Goals of This Book, and Its Position in Relation to Other Wisdom Literature; 1.3.1 The Structure of This Book; Bibliography; 2: The Three Levels of Wisdom; 2.1 Analytical-Rational Information; 2.2 Intuitive-Experiential Understanding; 2.3 Philosophical Wisdom; 2.4 Illustrating the Manifestations of the Three Levels in Managerial Work; 2.5 The Connections Between the Three Levels 2.5.1 Obstacles to the Construction of Wisdom2.6 Organisation as the Shaper of Wisdom; 2.6.1 Closed Bureaucracy; 2.6.2 Groupthink; 2.6.3 Wisdom and New Forms of Organisation; 2.7 The Application of the Framework in the Analysis of Various Strategic Situations; 2.7.1 A Methodological Note on Analysing Past Decision Situations and Processes; Bibliography; 3: Case Study 1: Wise Leadership During the Cuban Missile Crisis; 3.1 Crisis Overview Based on the Recordings; 3.1.1 The First Meetings; 3.1.2 The Military Option Rises to the Fore; 3.1.3 Towards a Naval Blockade 3.1.4 Difficult Reactions from Near and Far3.1.5 The First Promising Signals About the Opposing Side's Change of Heart; 3.1.6 The President Versus the Rest of ExComm; 3.1.7 Two Messages from Khrushchev; 3.1.8 Critical Moments and the President's Secret Plan; 3.2 Conclusions from the Perspective of Wisdom; Bibliography; 4: Case Study 2: The Wisdom and Stupidity of Military Calculations in International Politics; 4.1 Mannerheim and the Soviet Union's Large-Scale Attack in June 1944; 4.2 Stalin and Germany's Surprise Attack on the Soviet Union in June 1941 4.3 War Panic in the Soviet Union in the Early 1980s4.4 Summary; Bibliography; 5: Case Study 3: Interpretations of the Emergence of the Financial Crisis in the Finnish Print Media; 5.1 Analysis; 5.1.1 2006; March; Spring and Summer 2006; Autumn 2006; 5.1.2 2007; Early 2007; Summer and Autumn 2007; 5.1.3 2008; Early 2008; Autumn 2008; 5.1.4 2009; Early 2009; 5.1.5 Conclusions; 5.2 Elements of Wisdom in the Media's Interpretations; Bibliography; 6: Case Study 4: The Collapse of Nokia's Mobile Phone Business; 6.1 Nokia's Story; 6.2 Jorma Ollila's Story; 6.3 Apple and the iPhone 6.4 Why Was Nokia Unable to React to a Transformed Competitive Environment During 2007-2010?Bibliography; 7: In Conclusion: The Opportunities and Obstacles of Reinforcing Wisdom in Management; 7.1 How to Develop Wisdom; 7.2 Reinforcing Management Wisdom in Practice; 7.2.1 A Management Training Reform; 7.2.2 Rethinking the Managerial Career System; Bibliography; Index
Responsibility: Tuomo Peltonen.

Abstract:

This book contributes to the discussion on wisdom in management, leadership and strategy by developing a unique theoretical approach.  Read more...

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