Practical Wisdom as Everyday Strategic Preparedness

Matt Statler and Johan Roos
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Matt Statler: New York University (NYU)
Johan Roos: Imagination Lab Foundation

Chapter 16.0 in Everyday Strategic Preparedness, 2007, pp 135-136 from Palgrave Macmillan

Abstract: Abstract The argument that we have presented thus far can be summarized as follows: in a world characterized by complexity and uncertainty, organizations are forced to deal with the strategic challenge of preparedness; dealing with this challenge requires people in organizations not only to gather knowledge and develop capabilities for action, but, additionally, to allow their decisions and actions to be guided by ethical values; practical wisdom provides a framework that describes how strategists and leaders can balance ethical demands with demands for practical effectiveness; practical wisdom can be developed in organizations through playful activities such as storytelling, dialogue, and integrated experience.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-22291-5_17

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DOI: 10.1057/9780230222915_17

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