Managing Wisdom: A Practice-Oriented Leadership Framework

Abstract

Having organizational leaders use practice-oriented frameworks to better understand, apply and manage wisdom in workplace settings contributes to the emerging study of wise leadership. Growing the competence of leaders to effectively execute wisdom enhancing practices will also likely help in turning around the incidence of bad leadership in organizations. After reviewing some relevant literature, a leadership framework for managing wisdom is offered. An action role which helps in operationalizing and executing the management of wisdom is introduced as a key component in the framework. The application value and implications of this framework for practice, policy, research and teaching are considered. Some challenges relating to assisting organizational leaders and policy makers effectively impact wisdom at work are offered, including addressing the areas of leadership development and stakeholder governance