Conceptualizing and Contextualizing “Executive Wisdom” as a Framework for Business Leadership: A Grounded Theory Approach
通过实地调研发展中国家多个行业的企业领导者,运用扎根理论归纳出包含14个特征的高管智慧模型,分为技艺、明智决策和美德倾向三组,揭示了商业与社会复杂互动中明智决策的本质。
This study contextualizes business leaders’ perspectives on business-society interaction through the theoretical lens of wisdom. Morally effective interaction between business and society relies on shared perceptions of expected values grounded in leaders’ virtuous behavior. Through empirical fieldwork across industries in a developing society, the article documents how local business leaders perceive wise leadership in dealing with socially complex problems. Using grounded theory, we inductively developed a model of wisdom, executive wisdom, that identifies 14 characteristics of wisdom, located in three groups: technē, wise decisions, and virtuous disposition. The findings broaden the view of the complex nature of wise decision-making in the business-society context.