April 29, 2009

Management Philosophy: Theory or Practice?


"True philosophy invents nothing; it merely establishes and describes what it is."

Victor Cousin
Mid 19th Century French Philosopher


What is the role of philosophy in business?

Is it limited to statements of ethics and social responsibility?


If philosophy has a place in business, at what level(s) of the organization?


Philosophically, what do you think?


3 comments :

  1. I haven't thought of it before but philosophy is every bit as integrated in business as it is in our lives (business is part of our lives so why wouldn't it be?)

    But as with our lives, maybe we don't consciously think about it as much as we should.

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  2. Philosophy is what you believe and there is a lot in business that requires a manager to decide what they believe. How can one's philosophy not be a part of business?

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  3. When I think of the word "philosophy" I envision a touchy feely college course however Karen is right when she says it directly relates to business. And it's not just about ethics. In some ways it crosses over to strategies.

    Thanks for the thought; I plan to bring it to my Ex Committee meetings

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