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Organizational wisdom.

Michael J Limas1, Robert O Hansson

  • 1University of Tulsa, OK, USA. mlimas@tulsacc.edu

International Journal of Aging & Human Development
|September 30, 2004
PubMed
Summary
This summary is machine-generated.

Wisdom in the workplace is most impactful when it addresses gaps in formal organizational structures. Highly structured organizations may require less informal wisdom for effective functioning and fairness.

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Area of Science:

  • Psychology
  • Organizational Behavior
  • Gerontology

Background:

  • Wisdom is increasingly studied as a psychological construct, complementing traditional intelligence.
  • Wisdom development is considered a positive aspect of aging.
  • Understanding wisdom's role in specific contexts, like work organizations, is crucial.

Purpose of the Study:

  • To develop an instrument linking wisdom elements to work organization contexts.
  • To identify how wisdom enhances well-being within organizations.
  • To determine organizational cultures that value influential wise individuals.

Main Methods:

  • Development of a wisdom-context instrument for work organizations.
  • Assessment of wisdom's contribution to organizational well-being.

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  • Analysis of organizational cultures and their need for wisdom.

    • Main Results:

    • Wisdom is most consequential when it fills gaps in formal organizational structures.
    • Formal institutions and principles reduce the need for informal organizational wisdom.
    • The need for wisdom varies based on an organization's structure and culture.

    Conclusions:

    • Wisdom's utility in organizations is context-dependent.
    • Formal organizational structures can substitute for informal wisdom.
    • Further research should explore the interplay between formal structures and informal wisdom.