Chapter 1: Individual Logic—Wisdom in Organizations: A Balance Theory Analysis Next Chapter

Jennifer Jordan & Robert J. Sternberg

In: Handbook of Organizational and Managerial Wisdom

Chapter 1: Individual Logic—Wisdom in Organizations: A Balance Theory Analysis

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Individual Logic—Wisdom in Organizations: A Balance Theory Analysis
Individual logic—wisdom in organizations: A balance theory analysis

It could be argued that the most important factor in an organization's success is wisdom, particularly the wisdom of those within the organization's leadership ranks. An organization, whether it is a corporation, a government agency, or an academic institution, can go from being at the top of its game in an industry to struggling to scrape by—based solely on who is at the helm and this leader's ability to impart wise leadership on the organization. Similarly, but perhaps less drastic, an organization can make one wise decision followed by a less wise one based on how well its leaders are able to integrate the organization's values and prudently use the ...

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