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Angelo S. DeNisi & Carrie A. Belsito

In: Handbook of Organizational and Managerial Wisdom

Chapter 12: Strategic Aesthetics—Wisdom and Human Resource Management

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Strategic Aesthetics—Wisdom and Human Resource Management
Strategic aesthetics—wisdom and human resource management

There are many definitions of the term wisdom. Webster's Ninth New Collegiate Dictionary (1988) defines it as follows: “1a. Accumulated philosophic or scientific learning: KNOWLEDGE; 1b. Ability to discern inner qualities and relationships: INSIGHT; 1c. Good sense: JUDGMENT; 2. A wise attitude or course of action” (p. 1354).

Several of these definitions are applicable to the current discussion, but we believe that the notions of good sense and judgment may be the most applicable to our perspective. Essentially, we argue that a “wise” human resource management (HRM) system is one that balances the financial goals of the organization with the individual goals of its employees. We view this balance as representing good sense as well ...

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