The progressive convergence of global economic and social structures calls for a rethinking of management practices as they relate to cultural diversity and moral values. A key element for coping with this transformational phenomenon is the Aristotelian concept of Practical Wisdom, which helps us to do the right thing, in the right way, at the right time and for the right reasons. Expert academics and practitioners share their insights into contemporary theories and conventions for ethical decision-making in diverse cultural contexts. About the Editors Martina Stangel-Meseke – professor of business psychology. Christine Boven – professor of intercultural management. Gershon Braun - lecturer of business ethics. André Habisch – professor of economics. Nicolai Scherle – professor of intercultural management and diversity. Frank Ihlenburg – managing partner of a change management consultancy.