Tag Archives: practical wisdom

Climate Change and Evidence-based Management [Part II]: The Case for Practical Wisdom

This blog is a continuation of last week’s in which I suggested that in managing complex systems with unstable parameters one cannot rely just on data-based predictions, one has to depend more on judgement-based anticipations: In The Rational Optimist Matt … Continue reading →

Posted in General | Tagged analytical philosophy, Aristotle, BCG, confirmation bias, Drucker Forum, Enlightenment, evidence-based, Honda, intrinsic motivation, intuition, Isaiah Berlin, judgement, logical positivism, Matt Ridley, Mr. Spock, Oxford, paradigm shift, phronesis, practical wisdom, rational optimist, rationality, Richard Pascale, The New Ecology of Leadership | Comments Off on Climate Change and Evidence-based Management [Part II]: The Case for Practical Wisdom

Principles and Paradigms: The Debate Continues

Steve Denning, with whom I have jousted in the columns of Forbes, about the nature of management paradigms, recent wrote a blog in HBR in the series leading up to the fifth annual Global Peter Drucker Forum on November 2013 … Continue reading →

Posted in Change, Leadership, Strategy | Tagged Anna Karenina, change, community, complex systems, context, discipline, ecological perspective, embodied cognition, equifinality, Fighting Power, freedom, heuristic, implementation, Ludwig von Bertalanffy, Mary Parker Follett, obligations, paradigm, Peter Drucker, practical wisdom, principle, rights, self-discipline, Steve Denning, systems, Tolstoy, van Creveld | 1 Comment

In Praise of Ecological Rationality: The Return of Practical Wisdom to Management

This is the title of the article of mine published last week by the European Financial Review. It begins like this: Just over fifty years ago in America a concerted attempt was made to professionalize the field of management and … Continue reading →

Posted in General, Leadership | Tagged ba, both...and, ecocycle, ecological rationality, either/or, European Financial Review, existentialist, functional disciplines, functions, Haridomos Tsoukas, hermeneutist, Immanuel Kant, John Dewey, Jorgen Sandberg, Martin Heidegger, means and ends, phenomenologist, practical rationality, practical wisdom, Rene Descartes, Richard Feynman, rigor and relevance, scientifi rationality, theory and practice, William James, Yogi Berra | Comments Off on In Praise of Ecological Rationality: The Return of Practical Wisdom to Management

Practical Wisdom: Homer 1 Spock 0

In his book Thinking, Fast and Slow, Daniel Kahneman, the psychologist who won the Nobel Prize for Economics in 2002, describes two great, fictional systems of human thought (fictional because they don’t actually exist as separate systems). System 1 is … Continue reading →

Posted in Change | Tagged Cass Sunstein, ecological rationality, Homer Simpson, John Dewey, Kahneman, left wing libertarian, Mr. Spock, Nudge, power, practical wisdom, Richard Thaler | Comments Off on Practical Wisdom: Homer 1 Spock 0