Key points are not available for this paper at this time.
Current university and on-the-job learning programs for managers seldom address managerial wisdom. Yet a number of authors point to the importance of wisdom in the management of a firm. This article identifies the changes that occur in a person as he or she becomes wiser; it also presents a model of the process of becoming wise. Implications for university education and in-house development of managerial wisdom are discussed.
John Bigelow (Mon,) studied this question.