Purpose – 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 the underlying Christian value system, which is the basis for the coherence of his thinking, and the...

Purpose – 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 personal virtues may have prevented it. Design/methodology/approach – This is a practitioner paper summarizing...

Purpose – 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 thought, three roads to go are indicated especially concerning: management practice, management education,...

Purpose – 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 from exegesis of New Testament texts. Text exegesis can be integrated in executive education/formation,...

Purpose – 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 aims to draw on personalism for the formulation of better assumptions for theory....

Purpose – The notion of compassion is a cornerstone in Chinese as well as western orientations for business practice. Spiritual and religious traditions, philosophical approaches and historical and present business practices outline this notion in a comparative perspective. This paper seeks to...

For the various cyber businesses of the future based on the Internet, multimedia and other new electronic fields, business organization styles, management methods and the distribution of management resources must be re‐structured to accommodate the transformation of the business environment....

For the last few years, the videoconferencing system market represented by multimedia technology has enjoyed strong growth in Japan. Behind the recent upturn in this market was the strategic alliance of NTT, Japan’s largest telecommunications carrier, and PictureTel of the USA, followed by the...