Leadership Style

Leadership Development

B. A-324

The Wise Leader

Instructor: Professor Allan Samson

By

Ommi Towhida Snigdha

Student ID: 6944

The wise leader

By Ikujiro Nonaka and Hirotaka Takeuchi

The article discuss about how leaders can learn practical wisdom to help them do what’s right for their companies and society. Nowadays, the business is demanding a different kind of leader, who can make the decisions knowing the outcomes will be good for society as well as the company. Leaders must keep a higher purpose in mind. A perfect leader demands more knowledge than ever, except explicit or tacit knowledge they also need a example can be like this, if a techne knows how to make a car well, phronesis knows both what a good car is and how to build it. But it is easy to get practical wisdom. This research also shows that, to be a phronetic leader, six abilities are essential.

Six abilities of a leader are discussed here.

Number one is, wise leaders make decisions only after they figure out what is good for the organization and society. They can act on every situation, set their sights higher. Max Weber had this capabilities, he can linked Protestantism to capitalism. There are four ways of cultivating the ability to make judgments about goodness. And those are experience share the experience, relentless pursuit of excellence and judgments.

Number two is, leader can quickly grasp the essence of any situation or problem and intrusively fathom the nature and meaning of people, things, and events. In a word it calls vision. As an example we can mention the name of Tata. They produced the cheapest car in the world. They realized, right there and then, that those people would buy cars if his company produced them at a price they could afford.

Number three is, they constantly create informal as well as formal shared contexts for senior executives and employees to construct new meaning through their interactions.

Number four is, they know how to use metaphors and...