<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The purpose of this paper is to perform a semantic analysis of wisdom management that constitutes the driving force for a wise company. That is a company whose goal goes beyond the economic paradigm based on profit maximization. It is a company where managers apply practical wisdom in their decision making processes. Aristotle used to call this practical wisdom phronesis and to consider a higher-order knowledge in his knowledge ontology. Although in the literature there are many papers and books focusing on phronesis, there is no critical analysis from a semantic point of view that is necessary to understand what it is and how it can be applied in wisdom management. Also, for a deeper investigation of the semantic clusters associated with wisdom management, we perform a bibliometric analysis using VOSviewer, a specialized software for such kinds of studies. Our findings show that wisdom management represents a kind of idealistic process because it is based on o set of values that are not converging toward profit maximization but toward a sustainable company focusing on the well-being of all employees and of the community where the company operates. Wisdom management deeds wise leaders and a wise education for them, which are still far from the present reality.</p>
</abstract>

The purpose of this paper is to perform a semantic analysis of wisdom management that constitutes the driving force for a wise company. That is a company whose goal goes beyond the economic paradigm based on profit maximization. It is a company where managers apply practical wisdom in their decision making processes. Aristotle used to call this practical wisdom phronesis and to consider a higher-order knowledge in his knowledge ontology. Although in the literature there are many papers and books focusing on phronesis, there is no critical analysis from a semantic point of view that is necessary to understand what it is and how it can be applied in wisdom management. Also, for a deeper investigation of the semantic clusters associated with wisdom management, we perform a bibliometric analysis using VOSviewer, a specialized software for such kinds of studies. Our findings show that wisdom management represents a kind of idealistic process because it is based on o set of values that are not converging toward profit maximization but toward a sustainable company focusing on the well-being of all employees and of the community where the company operates. Wisdom management deeds wise leaders and a wise education for them, which are still far from the present reality.

Wisdom Management: A Semantic Analysis

National University of Political Studies and Public Administration (SNSPA)

“Stefan cel Mare” University of Suceava

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Wisdom Management: A Semantic Analysis"}

The purpose of this paper is to perform a semantic analysis of wisdom management that constitutes the driving force for a wise company. That is a company whose...

Wisdom Management: A Semantic Analysis

Publicado en línea: 14 jul 2023

Páginas: 1167 - 1178

DOI: https://doi.org/10.2478/picbe-2023-0105

Palabras clave
knowledge management, leadership, spiritual knowledge, wisdom, practical wisdom, wisdom management

© 2023 Constantin Bratianu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Wisdom Management: A Semantic Analysis

Publicado en línea: 14 jul 2023

Páginas: 1167 - 1178

DOI: https://doi.org/10.2478/picbe-2023-0105

Palabras claveknowledge management, leadership, spiritual knowledge, wisdom, practical wisdom, wisdom management

© 2023 Constantin Bratianu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Palabras clave
knowledge management, leadership, spiritual knowledge, wisdom, practical wisdom, wisdom management