Abstract
The socio-economic approach to management (SEAM) is an umbrella for the socio-economic theory, the SEAM change intervention, and SEAM management tools and tactics. These three elements are much intertwined — the theory feeds the practice, which in turn is based on theory. The tools are part of practice, yet the underlying philosophy behind the management tools is rooted in the theory. This chapter describes the most important concepts of the socio-economic theory that shape the SEAM practice.
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