Purpose – The purpose of this paper is to present an interview between Strategy & Leadership with the veteran observer and outspoken critic of corporate follies, Henry Mintzberg, Professor of Management Studies at McGill University in Montreal, about the state of management and management...

Purpose – One of the lessons of the Great Recession is that managing for shareholder value can result in damage to other stakeholders. This paper seeks to articulate a new purpose for the firm that is more legitimate than maximizing financial returns for shareholders....