Dr. Andrew Hoffman, the Holcim (US) Professor of Sustainable Enterprise at the University of Michigan, jointly appointed at the Ross School of Business and the School for Environment and Sustainability shares key insights from his acclaimed book Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism, exploring how business schools can play a pivotal role in redefining the market’s purpose in serving society.
The episode argues that business schools must rediscover their deeper mission of serving society rather than simply selling MBAs and acting as networking “skill shops.” Dr. Hoffman explains how shareholder capitalism, as currently taught and practiced, drives environmental crises, rising inequality, and short-term profit focus, and he uses examples like Boeing to show what happens when firms lose sight of serving customers and society.
He calls for rethinking curricula to include multiple forms of capitalism, the role of government and lobbying for the public good, and the deep interconnection between firms, society, and the natural environment, while also framing management as a calling that requires purpose, moral courage, and a coherent moral culture in business schools. The episode closes with concrete action steps for students, faculty, and administrators to reform business education, redesign incentives, break down silos, and develop leaders capable of shaping an economy that works for everyone.
This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.
Disclaimer:
A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.
B. Dr. Andrew Hoffman shared insightful perspectives from his acclaimed book “Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism.” The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.
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Dr. Andrew Hoffman, the Holcim (US) Professor of Sustainable Enterprise at the University of Michigan, jointly appointed at the Ross School of Business and the School for Environment and Sustainability shares key insights from his acclaimed book Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism, exploring how business schools can play a pivotal role in redefining the market’s purpose in serving society.
The episode argues that business schools must rediscover their deeper mission of serving society rather than simply selling MBAs and acting as networking “skill shops.” Dr. Hoffman explains how shareholder capitalism, as currently taught and practiced, drives environmental crises, rising inequality, and short-term profit focus, and he uses examples like Boeing to show what happens when firms lose sight of serving customers and society.
He calls for rethinking curricula to include multiple forms of capitalism, the role of government and lobbying for the public good, and the deep interconnection between firms, society, and the natural environment, while also framing management as a calling that requires purpose, moral courage, and a coherent moral culture in business schools. The episode closes with concrete action steps for students, faculty, and administrators to reform business education, redesign incentives, break down silos, and develop leaders capable of shaping an economy that works for everyone.
This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.
Disclaimer:
A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.
B. Dr. Andrew Hoffman shared insightful perspectives from his acclaimed book “Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism.” The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.
How Great Leaders Reframe Decisions: Dr. Michael Gillespie on “Distancing”
Business Talk
24 minutes 28 seconds
1 month ago
How Great Leaders Reframe Decisions: Dr. Michael Gillespie on “Distancing”
Dr. Michael Gillespie, Associate Professor of Psychology at the University of South Florida, shares key insights from his acclaimed book “Distancing: How Great Leaders Reframe to Make Better Decisions.”
Psychological distancing is a practical method that helps leaders step outside their immediate emotions, habits, and biases so they can see decisions more clearly. Drawing on his work at the University of South Florida and his book “Distancing: How Great Leaders Reframe to Make Better Decisions,” Dr. Michael Gillespie explains that leaders’ biggest obstacle to sound judgment is often their own attachment to past choices and identities.
He outlines three core forms of distancing: self-distancing (seeing your situation as a trusted outsider), spatial distancing (changing your physical or mental vantage point), and temporal distancing (evaluating choices from your future self’s perspective). Simple practices such as journaling in the third person or asking “What would my replacement do?” can improve clarity, reduce anxiety, and counter escalation of commitment. Gillespie encourages leaders and organizations to normalize “timeouts” and build processes that separate decision-making from evaluation to foster more objective, long-term thinking.
This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.
Disclaimer:
A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.
B. Dr. Michael Gillespie offered thoughtful perspectives from his acclaimed book, “Distancing: How Great Leaders Reframe to Make Better Decisions,” in his conversation on the Business Talk podcast channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.
Business Talk
Dr. Andrew Hoffman, the Holcim (US) Professor of Sustainable Enterprise at the University of Michigan, jointly appointed at the Ross School of Business and the School for Environment and Sustainability shares key insights from his acclaimed book Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism, exploring how business schools can play a pivotal role in redefining the market’s purpose in serving society.
The episode argues that business schools must rediscover their deeper mission of serving society rather than simply selling MBAs and acting as networking “skill shops.” Dr. Hoffman explains how shareholder capitalism, as currently taught and practiced, drives environmental crises, rising inequality, and short-term profit focus, and he uses examples like Boeing to show what happens when firms lose sight of serving customers and society.
He calls for rethinking curricula to include multiple forms of capitalism, the role of government and lobbying for the public good, and the deep interconnection between firms, society, and the natural environment, while also framing management as a calling that requires purpose, moral courage, and a coherent moral culture in business schools. The episode closes with concrete action steps for students, faculty, and administrators to reform business education, redesign incentives, break down silos, and develop leaders capable of shaping an economy that works for everyone.
This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.
Disclaimer:
A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.
B. Dr. Andrew Hoffman shared insightful perspectives from his acclaimed book “Business School and the Noble Purpose of the Market: Correcting the Systemic Failures of Shareholder Capitalism.” The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.
