Phronetic Workplace: A Step Forward into a Practically Wise Company

Phronesis (practical wisdom) is introduced in the management field as a possible solution to the problems associated with wild capitalism. Although its highly sustainable performance characterizes a phronetic company through innovativeness and shared value creation, there is yet a gap in the literature concerning workplace phronesis’ perspective in management. We propose integrating organizational spirituality and organizational phronesis theories in management research to address the phroneticworkplace. This study contributes to shedding light on the understanding of phronesis in management addressing group behavior and how individual phronesis spreads into the workplace towards the phronetic organization.