“A brilliant and comprehensive introduction to the most seminal component of leadership: wisdom. The diversity of the readings and wisdom of the authors make this a most original and valuable addition to the management canon.”—Warren Bennis, Distinguished Professor of Management, University of Southern California and author of On Becoming a Leader“This wonderful compilation proves that management is as much art as science, and that deep thinking can inform and inspire practice to be more humane, ethical, and, yes, wise.”—Rosabeth Moss Kanter, Harvard Business School Professor and best-selling author of Confidence: How Winning Streaks and Losing Streaks Begin and End“If you'll forgive a pun, this is a wise book about organizational and managerial wisdom. It shows what's possible when some of our best thinkers turn their collective attention to such timely subjects as EQ, negotiation, global politics, and individual and organizational ethics.”—Steve Kerr, Chief Learning Officer, Goldman Sachs, and Past President of the Academy of Management“One of the ‘most promising’ forthcoming management books.”—EUROPEAN ACADEMY OF MANAGEMENTOrganizes wisdom around the five primary philosophical branches—logic, ethics, aesthetics, epistemology, and metaphysicsApplies wisdom in organizations and management through international examples that synthesize a set of practical principles for academics and practicing managersOffers an outstanding collection of world-renowned scholars who give profound insights regarding wisdom
Chapter 12: 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 ...