R. Edward Freeman
R. Edward Freeman
R. Edward Freeman and Oliver Laasch
Edward (Ed) Freeman, often called the father of stakeholder theory, is arguably one of the most influential and prolific thinkers in business ethics and corporate social responsibility. Here, he translates key ideas from his work to the context of responsible management. Ed discusses how responsible management might help to overcome the ‘management sucks’ narrative by reinventing management. First, bringing management and responsibility together in responsible management may help to overcome the management-responsibility separation. Second, to create managerial freedom enabled by a mesh of stakeholder relations helps to overcome the manager-against-them separation. Third, rethinking the role of money from being the purpose of management, to being an enabler for realizing responsible management’s social purpose, reduces the managerial stigma of being a soulless mercenary. Finally, we discuss how these three shifts towards responsible management have the potential to transform the dominant narrative from ‘management sucks’ to ‘responsible management rocks’.
Robert A. Phillips and R. Edward Freeman
Oliver Laasch, Roy Suddaby, R. Edward Freeman and Dima Jamali
Since responsible management originally appeared on the agenda of management researchers in the early twentieth century, the research field of responsible management has gone through an extended period of labor. It has not been, however, until the early twenty-first century, with the establishment of the United Nations Principles for Responsible Management, that responsible management had begun to form as a coherent field of academic interest. Most recently, the initial educational interest in responsible management has given birth to a swiftly developing field of research. This publication is aimed at mapping this emerging field of responsible management research. The map is composed of the disciplinary domains of ethics, responsibility, and sustainability plus cognates (ERS+); spheres of responsible management with the manager at the center, extending outwards to managerial job, group, organization, occupation, on to planetary society; and three core themes centered on managing responsibly: Learning, change, innovation; praxis, practices, process(es); and alternative management frameworks. We are suggesting three salient future research directions, mundanely responsible management; normalization of responsible management; and performative agency of management academics.