Praktische Weisheit als Leitbild eines integralen Verständnisses von moderner Führungs- und Entscheidungspraxis in der Wirtschaft

Bachmann, C. (2015). Praktische Weisheit als Leitbild eines integralen Verständnisses von moderner Führungs- und Entscheidungspraxis in der Wirtschaft. Journal of Markets and Ethics 5, 76-100

This article pursues the question whether and inasmuch the ancient idea of practical wisdom (prudence) might contribute to an integral understanding of modern management practice. For this purpose it derives a three dimensional model of practical wisdom which is based on a transdisciplinary review of the relevant wisdom literature. Thus the proposed model synthesizes the fundamental features of practical wisdom as well as the specific competencies as required for practically wise action. In this way, the it might serve as a welcoming stepping stone: For academics, as an incremental but important step for further theoretical and empirical research in understanding the role of wisdom in management. For practice, as a straightforward orientation for practically wise leadership and management. Finally, I discuss significant theoretical implications of a practical wisdom based approach proposing ways for further investigations.


(My publication)Posted:Aug 31 2015, 05:00 PM by Claudius
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