This paper makes a theoretical critique of the current paradigm on strategic leadership and proposes an epistemology of managerial practice as unfolded in the business contexts. It is argued that there exist dichotomic views of managerial practice based on profit-logic versus responsibility logic throughout the corporate world. The strategic leaders, instead of practicing one of these logics, should try to synthesize best of the both at the cognitive level and then apply them into the business and management environment. The rapid technological changes coupled with the profound cultural heterogeneity at the workplace have also created the determinants of humanly responsive and socially aware strategic leadership, which must respond sensibly to the hyper-transformative forces both at the regional as well as global level. Therefore, this paper suggest that strategic leaders in business, society and industry must cultivate a culture of courage, vision and will to transcend the established strategic straitjackets and usher into the new brave world of strategic opportunities and alliances.
Strategic leadership, Epistemology, Managerial practice, Profit logic, Responsibility logic
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Raza, A., & Murad, H. S. (2014). Learning new management viewpoints: recontextualizing strategic leadership in global and regional context. Business Review, 9(1), 103-109. Retrieved from https://ir.iba.edu.pk/businessreview/vol9/iss1/8
March 02, 2021