Organizations should rethink management development, taking into account that the challenges faced by managers, during a time of social and economic crisis, can be better overcome by an integrative, holistic and humanistic approach to management.
Can the loss of an integrative and humanistic approach to management be to blame for the recent economic crisis? According to the authors of this paper, meaningful and holistic management can help address the major management challenges that managers confront in today’s social and economic crisis.
They refer to a 2010 IESE symposium, ‘Facing the Crisis: Towards a New Humanistic Synthesis,’ during which a number of scholars noted the need to rethink management development so that all dimensions of business activity are taken into consideration in order to make progress towards a new humanistic synthesis between technical, human and ethical aspects of business.
More than 80 papers were presented at the symposium, with contributions from scholars from all over the world, illuminating different aspects of the problem and contributing from multiple angles to a richer understanding of the issues.
They go on to review six of the papers presented at the symposium:
These are some key pointers towards a holistic understanding of management, coming out of the reviewed papers:
The authors point to the feelings and attitudes of increasing helplessness, scepticism and distrust prevalent in the post-crisis business world today, and all dimensions of business activity should be taken into consideration, including economic results and impact on people, in order to make progress towards a new humanistic synthesis between technical and human and ethical aspects of business and organization.
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