Novo Nordisk is one of the few highly reputed pharma businesses and there is a reason for it. Rather than stick to its economistic origins that so many of its competitors live and organize by, Novo Nordisk allowed itself to experiment and react to stakeholder criticism. Rather than reactively...

In very uncertain times, we are happy to announce the publication of the second volume of the Humanistic Management Journal. While it is sometimes easy to despair and question the value of our collective work, we can benefit from knowing that despite historical hiccups good and valid ideas are...

This chapter argues that management research should dedicate itself to understanding managerial practices that improve the world. The overarching question for humanistic management research is how organizational practices can be transformed to protect and promote human dignity and, ultimately,...

When you enter my business school, a Jesuit business school, the first thing you see is a trading room. It gives visitors the impression that finance is at the heart of business education and that trading is the most important business skill. Unsurprisingly, the standard business program the...

When Sam Walton started his first store in Arkansas in 1945, he wanted to ensure that his family would have a secure and stable income, because he had experienced what it meant growing up poor. In the early 1920s, his family had had to abandon their farm in Oklahoma due to a long drought. Later,...

Humanistic management rests on two cornerstones drawn from the fundamentally different perspective on human nature described before. The notion of dignity and the dignity threshold form one pillar of humanistic management. The notion of well-being forms the second pillar, and is the ultimate...

Pope Francis in his Encyclical ‘Laudato Si’ suggests that “Business is a noble vocation, directed to producing wealth and improving our world. It can be a fruitful source of prosperity for the areas in which it operates, especially if it sees the creation of jobs as an essential part of...

Social Entrepreneurship as a concept, while new to some, has become a buzzword in recent years; so much so that its usage far outpaces its understanding. That state of affairs is troubling because it risks undermining the promise of social entrepreneurship (Pirson & Bloom, 2012), while at the...

Social Entrepreneurship is a hot topic. Many students are passionate about making a positive difference in the world and wish to channel their passion and intellect into meaningful action. An increasing amount of universities offer opportunities for students to explore social entrepreneurship in...

Given the manifold problems of this world, we need ways to actively address them; better forms of organizing are required. I suggest that we need to embrace more humanistic forms of management and move away from economistic ones. This chapter provides a conceptual framework that allows us to get...