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5 - Dealing with wuli–shili–renli

Published online by Cambridge University Press:  05 June 2012

Ikujiro Nonaka
Affiliation:
Hitotsubashi University, Tokyo
Zhichang Zhu
Affiliation:
University of Hull
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Summary

In previous chapters we questioned the conventional wisdom, called for a pragmatic turn, presented the spirits of pragmatism and investigated what pragmatic strategies look like. Based on this groundwork, we now invite readers to explore the normative question: what to do, how to do it?

We begin with front-line experience: how managers think and act strategically to turn companies around. We then link the experiences of managers with enduring Confucian wisdom. From this we construct a triple-strategy bottom line (WSR): wuli (物理), the material-technical; shili (事理), the cognitive-mental; and renli (人理), the social-relational. Pragmatic strategies based on WSR generate value efficiently, creatively and legitimately by getting fundamentals right, envisioning a valued future and realising common goodness. We illustrate wuli, shili and renli with business cases: Grameen Bank, Northern Rock, China Merchants Bank, Xerox, Airbus, Seven-Eleven Japan, Komatsu, Huawei, Lenovo, Polaroid, Swatch and many more. This relational WSR bottom line, addressing the question what to do, will be complemented in the next chapter with a temporal timely balance guidance on how to do it. Now, let our journey continue.

Type
Chapter
Information
Pragmatic Strategy
Eastern Wisdom, Global Success
, pp. 165 - 230
Publisher: Cambridge University Press
Print publication year: 2012

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