Wisdom is the ability to think and act using knowledge, experience, understanding, common sense and insight.

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WISDOM = Knowledge, Insight, Experience

Symbols representing Wisdom

Definition of Wisdom

Wisdom is the ability to think and act using knowledge, experience, understanding, common sense and insight. Wisdom is associated with attributes such as unbiased judgment, compassion, experiential self-knowledge, self-transcendence and non-attachment, and virtues such as humility, ethics and benevolence.

What is Wisdom vs Knowledge?

The primary difference between the two words is that wisdom involves a healthy dose of perspective and the ability to make sound judgments about a subject while knowledge is simply knowing. Anyone can become knowledgeable about a subject by reading, researching, and memorizing facts.

How do you get Wisdom?

Wisdom is a virtue that isn't innate, but can only be acquired through experience. Anyone who is interested in trying new things and reflecting on the process has the ability to gain wisdom. By learning as much as you can, analyzing your experiences and putting your knowledge to the test, you can become a wiser person.

The Role of Wisdom in Business Management

Smart leaders have the knowledge to solve problems, but wise Leaders also strive to pursue a deeper understanding in order to see how far the limits can be pushed to achieve success. While there are many qualities of a leader that companies value, it’s wisdom in business management that can have a profound effect on not only the bottom line but also on those who support the company’s mission.

The Importance of Wisdom in Business Management
Wisdom in business management goes beyond meeting goals. Wise Leaders have certain leadership skills that transcend the everyday requirements of a job, including their approach to decision-making. Wise leaders do not make one-sided decisions; instead, they are affected by the varying perceptions of their team as well as those outside the company. Their decisions are informed by their personal experience and the experience of others, and also take into account what is good not only for the company but also for society as a whole.
Wise leaders model and encourage free thinking and risk-taking because they believe testing theories and arguing outcomes help cultivate wisdom for all involved. Another way they aim to maximize the potential of others is by pushing them far enough so they’re just over their personal threshold of being uncomfortable. Why? Because being in a state of slight discomfort can foster wisdom as well as breed creativity.At the heart of all business is people, and wise leaders know how to bring out the best in others and mobilize them to achieve greatness.
Enrich your life. Wise leaders do more listening than talking. They seek ways to constantly grow to understand the breadth and depth of the world around them. They have a quest for knowledge that knows no bounds. A graduate degree such as a Master of Business Administration (MBA) can help impart knowledge and skills to transform professionals into wise leaders who make a positive impact on others.
Invest in the development of others. It can be lonely at the top, and wise leaders understand the importance of investing in their team. When developing others through mentorship, coaching, and leading by example, wise leaders increase their wisdom through a natural reciprocity.
Be authentic and true to yourself. Empowerment:
Wise leaders understand choices and their impact on the world around them. Authenticity creates opportunity.

Other corresponding Websites

Experience

> iExperienceINT.com

Human experience is the ultimate source and justification for all knowledge. Experience itself has accumulated in human memory and culture, gradually producing the methods of intelligence called "reason" and "science."

John Shook