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There are some key skills that distinguis good leaders from great leaders. Among them are the ability to analyse a given situation, to examine the available options and to come up with a sound argument supporting a decision. Pairing this with a solid moral compass and the capacity to think outside the box, consitutes the crucial skills necessary for success in a leading position.
For those students who are not natural Aristotles, Humes or Kants, Frankfurt School provides aid by teaching philosophy.
At Frankfurt School, studying analytic philosophy works like this: When faced with a question, students learn to separate given arguments and check them for sound reasoning as well as to formulate, communicate and defend their own. In discussions, these arguments are then used to tackle tricky problems and find solutions to them.
This way, students assemble their very own toolboxes of cognitive skills and fine-tune their moral compasses.
Both of these will support them for their entire careers by making them better thinkers and decision makers. But studying philosophy has even more benefits: Pairing philosoph with economic studies allows students to assess and critically reflect on what is being presumed by economic theories.
For example, when an economist speaks of an increas in welfare, the philosopher considers how welfare can be understood and measured.
Managers frequently have to navigate moral questions, such as whether or not to invest in expensive but environmentally friendly innovations or to what extent businesses carry social responsibility.
Essentially, in these examples and many more, philosophy and business go hand in hand. This is why Frankfurt School teaches them jointly, to equip their students with the full package.
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