Ethics in Turbulent Times: Rationality and Virtues in Decision Making

Joan Fontrodona () and Doménec Melé ()
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Joan Fontrodona: IESE Business School – University of Navarra, Business Ethics Professor, and CaixaBank Chair on Sustainability and Social Impact
Doménec Melé: Business Ethics Emeritus Professor and Business Ethics Chair, IESE Business School – University of Navarra

Humanistic Management Journal, 2025, vol. 10, issue 3, No 1, 345-360

Abstract: Abstract This editorial explores how ethical decision-making can be reimagined in response to the turbulence and complexity of today’s global environment. Drawing on the concept of a VUCA world-marked by volatility, uncertainty, complexity, and ambiguity-it argues that traditional models of rationality are no longer sufficient to guide responsible action. Instead, the authors propose an integrated framework grounded in virtue ethics, practical wisdom, and moral formation across three interrelated levels: individual character, organizational culture, and educational formation. The editorial calls for a reorientation of leadership, management, and education toward the cultivation of ethical agency capable of responding to moral ambiguity and systemic uncertainty. It concludes by situating the contributions to the Special Issue within this broader humanistic approach to decision-making.

Keywords: Ethical decision-making; Virtue ethics; VUCA environment; Character formation; Responsible leadership; Business ethics education (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s41463-025-00214-1

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