3 books found
by R. Edward Freeman, Jeffrey S. Harrison, Andrew C. Wicks, Bidhan L. Parmar, Simone de Colle
2010 · Cambridge University Press
In 1984, R. Edward Freeman published his landmark book, Strategic Management: A Stakeholder Approach, a work that set the agenda for what we now call stakeholder theory. In the intervening years, the literature on stakeholder theory has become vast and diverse. This book examines this body of research and assesses its relevance for our understanding of modern business. Beginning with a discussion of the origins and development of stakeholder theory, it shows how this corpus of theory has influenced a variety of different fields, including strategic management, finance, accounting, management, marketing, law, health care, public policy, and environment. It also features in-depth discussions of two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility. The book concludes by arguing that we should re-frame capitalism in the terms of stakeholder theory so that we come to see business as creating value for stakeholders.
by R. Edward Freeman, Bidhan L. Parmar, Kirsten Martin
2020 · Columbia University Press
The idea that business is only about the money doesn’t hold true in the twenty-first century, when companies around the world are giving up traditional distinctions in order to succeed. Yet our expectations for businesses remain under the sway of an outdated worldview that emphasizes profits for shareholders above all else. The Power of And offers a new narrative about the nature of business, revealing the focus on responsibility and ethics that unites today’s most influential ideas and companies. R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar detail an emerging business model built on five key concepts: prioritizing purpose as well as profits; creating value for stakeholders as well as shareholders; seeing business as embedded in society as well as markets; recognizing people’s full humanity as well as their economic interests; and integrating business and ethics into a more holistic model. Drawing on examples across companies, industries, and countries, they show that these values support persevering in hard times and prospering over the long term. Real-world success stories disprove the conventional wisdom that there are unavoidable trade-offs between acting ethically and succeeding financially. The Power of And presents a conceptual revolution about what it means for business to be responsible, providing a new story for us to tell in order to help all kinds of companies thrive.
A revelatory, scientific approach to turning DOUBT into a decision-making superpower. Drawing on cutting-edge research from neuroscience, psychology, and moral philosophy, Radical Doubt offers a fresh perspective on decision-making, revealing why traditional approaches often fall short when facing the topic of uncertainty. Dr. Bidhan Parmar—one of the world’s top 40 business-school professors under 40—unveils the scientific principles that prove how doubt, counterintuitively, is our greatest decision-making tool. Think back to the last difficult decision you had to make at work. Did it leave you anxious, unsure, and filled with doubt? How did you find a solution? And in the end, was your action and conclusion the best answer? Organizational leaders and managers often find themselves in such complex predicaments, where the stakes are high and clear answers are elusive. With Radical Doubt’s comprehensive framework and multi-faceted toolkit, you’ll learn how to tackle complex problems, treat your intuition as a hypothesis, generate multiple scenarios, craft flexible plans, and embrace doubt as a catalyst for growth. Through real-world examples and actionable strategies, leaders will feel empowered to make better decisions, balancing competing interests, using limited resources effectively, and strengthening relationships with stakeholders. This kind of decision-making is often the days' work for a corporate figurehead, and now it’s time to move beyond the quest for the “right answer” and become a master of making “better answers.” Whether you’re a CEO or a new project manager, Radical Doubt is your guide to navigating moments of uncertainty, transforming doubt from a source of anxiety into your superpower for strategic thinking and effective leadership. With this guide, you’ll harness the power of doubt, unlock your potential, and lead with confidence in a dynamic and uncertain world.