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Strategic planning as if ethics mattered

Hosmer, Larue Tone·2007·Strategic Management Journal

Abstract

Ethics and the moral obligations of management were an accepted component in the planning process during the early development of Corporate Strategy as a field of study. It is proposed that ethics must be brought back into that planning process in order to build trust on the part of all of the stake-holders of the firm. Trust generates commitment. Commitment ensures effort, and effort that is cooperative, innovative and strategically directed is essential for success in a competitive global economy. Ethics should be central, not peripheral, to the overall management of the firm.

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Citations

Cites

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Cited by

Metadata

Authors
Hosmer, L. T.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2007-06-14
Volume
15
Issue
S2
Pages
17-34
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2028542358
Cited by
329
References
4
FWCI
39.92
Type
journal article
Language
en
Open access
closed
Licence
doi.wiley.com/10.1002/tdm_license_1.1 (tdm, 3001 d)

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