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Adam Smith demonstrated how self-interest and the “invisible hand” of the marketplace allocated scarce resources efficiently and promoted social welfare. Unfortunately, the invisible hand argument led to the belief that regulation is unnecessary and that “greed is good.” This paper uses...
Persistent link: https://www.econbiz.de/10014135129
This paper investigates how the success of a management practice depends on the nature of the long-term relationship between the firm and its employees. A large US transportation company is in the process of fitting its trucks with an electronic on-board recorder (EOBR), which provide drivers...
Persistent link: https://www.econbiz.de/10014136411
This paper examines Abrahamic values that can be used to heal the world and promote ethical leadership. Abraham, a simple clan leader from Ur of the Chaldees, sowed the seeds that helped defeat paganism, planted the roots for the three major monotheistic religions (Judaism, Christianity, and...
Persistent link: https://www.econbiz.de/10014137427
The dominant agency-cost paradigm for the analysis of corporate law is based on the proposition that the welfare of society is best met by rules which minimise the costs of production through the corporate form. This is typically interpreted to mean that the agency costs of shareholders should...
Persistent link: https://www.econbiz.de/10014142241
Job is arguably one of the most enigmatic figures in the Bible. Most people believe that the foremost lesson that can be learned from his story is that God’s ways are mysterious and mortals cannot grasp why bad things happen to good people. This paper will demonstrate that a great deal can be...
Persistent link: https://www.econbiz.de/10014144440
This paper examines the Books of Ezra and Nehemiah to derive important lessons dealing with moral and spiritual leadership. Ezra and Nehemiah had different leadership styles but understood the importance of ethical leadership. Corporate and governmental organizations would benefit from...
Persistent link: https://www.econbiz.de/10014149060
In this review article, the editor of the new Routledge volume, Leadership-as-Practice: Research and Application, describes the foundation, thematic attributes, and critical uniqueness of leadership-as-practice, comparing it to related collective traditions in leadership and contrasting it to...
Persistent link: https://www.econbiz.de/10014121822
The Bible does not hide mistakes made by great people. This makes it an extremely valuable text for teaching moral character. In fact, the lessons learned from mistakes often provide a more lasting and powerful impact than those learned from doing things right. These lessons are not only...
Persistent link: https://www.econbiz.de/10014123419
This article explores the mythology of leadership as residing in particular individuals. It argues that given the complex requirements of 21st Century management, we can no longer allow the rest of the organization, other than its managers, to sit idly awaiting orders from detached bosses. It...
Persistent link: https://www.econbiz.de/10014127528
Fearing that our over-reliance on an individual, heroic model of leadership will only continue to dampen the energy and creativity of people in our organizations and communities, this essay proposes a practice perspective of leadership based on a collaborative agency mobilized through engaged...
Persistent link: https://www.econbiz.de/10014127529