Abstract
Decision-making ostensibly requires the exercise of Power. But that use of Power must be counterbalanced with Responsibility in order to make good decisions. Infusing Wisdom into the decision-making process necessarily incorporates an ethical component and involves both the identification and evaluation of relationships. Wise decision-making, therefore, requires the application of Wisdom which transcends simple, short-lived factual proficiency. It is this careful weighing of Wisdom, Power, Knowledge, and Responsibility which must guide our business leaders and be taught to our business students.
Recommended Citation
Lloyd, Bruce
(2009)
"Power, Responsibility & Wisdom: Exploring the Issues at the Core of Ethical Decision-Making and Leadership,"
The Journal of Values-Based Leadership: Vol. 2
:
Iss.
2
, Article 6.
Available at:
https://scholar.valpo.edu/jvbl/vol2/iss2/6
