Nancy F. Koehn: Lincoln’s School of Management

Nancy F. Koehn is a historian at the Harvard Business School where she holds the James E. Robison chair of Business Administration.

The legacy of Abraham Lincoln hangs over every American president. To free a people, to preserve the Union, “to bind up the nation’s wounds”: Lincoln’s presidency, at a moment of great moral passion in the country’s history, is a study in high-caliber leadership.

In this season of all things Lincoln — when Steven Spielberg is probably counting his Oscars already — executives, entrepreneurs and other business types might consider dusting off their history books and taking a close look at what might be called the Lincoln school of management.

Even before “Lincoln” the movie came along, there was a certain cult of leadership surrounding the 16th president. C.E.O.'s and lesser business lights have long sought inspiration from his life and work. But today, as President Obama embarks on a new term and business leaders struggle to keep pace with a rapidly changing global economy, the lessons of Lincoln seem as fresh as ever. They demonstrate the importance of resilience, forbearance, emotional intelligence, thoughtful listening and the consideration of all sides of an argument. They also show the value of staying true to a larger mission....