Where is the wisdom that we have lost in knowledge?

Purpose This article aims to define and explore the nature of wisdom, managerial wisdom, organisational wisdom and wisdom management. Design/methodology/approach The paper draws on some of the diverse writings on wisdom, and explores the relevance of wisdom in the context of knowledge management. Findings Wisdom has received little attention in the information management and systems, knowledge management and management literature. This is surprising since in this knowledge‐based economy the link between data, information and knowledge is seen as pivotal by practitioners, consultants and academics. Originality/value The article explores the nature of organisational wisdom and identifies a number of areas for further theory‐making and empirical investigation.