Teaching Catholic Stakeholder Thinking Using the Open-Ended Case Method
School of Business
Today’s managers face a competitive and globalized marketplace, with a multitude of stakeholders demanding their time and attention. The fast pace of this environment can overwhelm them and may interfere with their desire for meaningful work and an integration of their personal and professional values. This paper addresses this challenge by combining stakeholder theory and Catholic Social Tradition to form Catholic Stakeholder Thinking. Possessing values that are shared by managers of diverse faiths and beliefs, it explains how key Catholic social tenets and the resulting normative obligations inform managerial responsibilities to stakeholders. Catholic Stakeholder Thinking is taught and reinforced through the open-ended case method, an approach which encourages managers to critically examine the complexities of an issue. This determines whether their decisions promote integral human development and the common good in solidarity with the poor. The open-ended case method approach anchored in Catholic Stakeholder thinking sharpens managers’ skills and may contribute to personal development. Because of its shared focus on integral human development and the common good in solidarity with the poor, it can be used by managers of good will who hold different (or no) religious affiliations.
Journal of Business Ethics Education