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Integrating Wisdom and Sustainability: Dealing with Instability

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  • Ali Intezari

Abstract

A thorough review of the literature reveals that there is a paucity of studies on integrating wisdom and sustainability disciplines. This paper investigates the role of sustainability in fostering wisdom in the interaction between businesses and their surrounding environment. Wisdom has recently attracted a lot of attention in both academia and the practical world. However, despite the strong emphasis that is put on the necessity of incorporating wisdom into business practices, there is little on how wisdom can be practically integrated in the real business world. To address this issue, this paper draws a linkage between wisdom and sustainability by noting the assumptions that the concepts of wisdom and sustainability share with respect to human flourishing, environmental preservation and economic growth. It is concluded that wisdom manifests through organizational sustainability, and that wisdom promotes organizational sustainability capacity. A model of the interaction between the two practices is proposed. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment

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  • Ali Intezari, 2015. "Integrating Wisdom and Sustainability: Dealing with Instability," Business Strategy and the Environment, Wiley Blackwell, vol. 24(7), pages 617-627, November.
    • Handle: RePEc:bla:bstrat:v:24:y:2015:i:7:p:617-627
    DOI: 10.1002/bse.1892
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    References listed on IDEAS

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    Cited by:

    1. Laura Sasse-Werhahn, 2019. "The Practical Wisdom behind the GRI," Humanistic Management Journal, Springer, vol. 4(1), pages 71-84, July.
    2. Claudius Bachmann & Laura Sasse & Andre Habisch, 2018. "Applying the Practical Wisdom Lenses in Decision-Making: An Integrative Approach to Humanistic Management," Humanistic Management Journal, Springer, vol. 2(2), pages 125-150, February.
    3. Claudius Bachmann & André Habisch & Claus Dierksmeier, 2018. "Practical Wisdom: Management’s No Longer Forgotten Virtue," Journal of Business Ethics, Springer, vol. 153(1), pages 147-165, November.
    4. Anette Hallin & Tina Karrbom‐Gustavsson & Peter Dobers, 2021. "Transition towards and of sustainability—Understanding sustainability as performative," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1948-1957, May.
    5. Gabriel Eweje, 2015. "Emerging Trends in CSR and Sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 24(7), pages 601-603, November.
    6. Laura F. Sasse-Werhahn & Claudius Bachmann & André Habisch, 2020. "Managing Tensions in Corporate Sustainability Through a Practical Wisdom Lens," Journal of Business Ethics, Springer, vol. 163(1), pages 53-66, April.
    7. Paul McDonald, 2018. "Sustainability management: research insights from social cognitive neuroscience," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1355-1367, December.
    8. Markus F. Peschl & Alexander Kaiser & Birgit Fordinal, 2023. "Enabling the Phronetically Enacted Self: A Path toward Spiritual Knowledge Management," Sustainability, MDPI, vol. 15(18), pages 1-19, September.

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