Empowering Practical Wisdom: Spiritual Traditions and Their Role in the Global Business World of the Twenty-First Century

Andre Habisch () and Claudius Bachmann ()
Additional contact information
Andre Habisch: Catholic University of Eichstätt-Ingolstadt
Claudius Bachmann: Catholic University of Eichstätt-Ingolstadt

A chapter in Cultural Roots of Sustainable Management, 2016, pp 9-20 from Springer

Abstract: Abstract Referring to the hermeneutical concept of Paul Ricoeur, in what follows, we prepare the ground for the empowerment and inculturation of spiritual wisdom traditions into contemporary business culture and management practice. Addressing a lack of normative orientation and professional ethos in the global business world of the twenty-first century we will proceed by discussing the (mostly implicit) reasons for the systematic sidelining of cultural roots, spiritual beliefs, and intrinsic motivation by mainstream economic paradigms. Moreover, in disproving objections we sketch a Practical Wisdom-based approach that employs spiritual traditions as point of reference for values-based management practices. For that purpose we develop a methodological framework by adapting Paul Ricoeur’s concept of metaphorical language including concrete, application-oriented criteria. Finally, we will conclude by suggesting the scope of possible applications and the direction of further research.

Keywords: Corporate Governance; Religious Tradition; Practical Wisdom; Spiritual Tradition; Political Entrepreneur (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-28287-9_2

Ordering information: This item can be ordered from
http://www.springer.com/9783319282879

DOI: 10.1007/978-3-319-28287-9_2

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().