Practical Wisdom: Management’s No Longer Forgotten Virtue

The ancient virtue of practical wisdom has lately been enjoying a remarkable renaissance in management literature. The purpose of this article is to add clarity and bring synergy to the interdisciplinary debate. In a review of the wide-ranging field of the existing literature from a philosophical, t...

Full description

Saved in:  
Bibliographic Details
Authors: Bachmann, Claudius 1987- (Author) ; Habisch, André 1963- (Author) ; Dierksmeier, Claus (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2018
In: Journal of business ethics
Year: 2018, Volume: 153, Issue: 1, Pages: 147-165
Further subjects:B Prudence
B Business Ethics
B Practical Wisdom
B Management
B Phronesis
B Virtue Ethics
Online Access: Presumably Free Access
Volltext (lizenzpflichtig)
Description
Summary:The ancient virtue of practical wisdom has lately been enjoying a remarkable renaissance in management literature. The purpose of this article is to add clarity and bring synergy to the interdisciplinary debate. In a review of the wide-ranging field of the existing literature from a philosophical, theological, psychological, and managerial perspective, we show that, although different in terms of approach, methodologies, and justification, the distinct traditions of research on practical wisdom can indeed complement one another. We suggest a conciliatory conception of the various features of practical wisdom in management. This we take as a point of departure for a discussion of the significant implications of the subject for the theory and practice of management and for the direction of further research in the field.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-016-3417-y