Wisdom in corporate management extends beyond the achievement of objectives. Wise leaders have specific leadership qualities that go beyond the day-to-day demands of their jobs, such as their attitude to decision-making. Wise leaders do not make one-sided decisions; rather, they are influenced by the many perceptions of their team and those outside the organization. Their decisions are influenced by their personal experiences and the experiences of others, and they consider what is best not only for the organization but also for society as a whole.
Wise leaders model and encourage free thinking and risk-taking because they believe that testing theories and debating outcomes foster knowledge for all parties involved. Another way they want to maximize the potential of others is to push them just beyond their threshold of discomfort. Why? Because being in a condition of mild discomfort can nurture both insight and creativity. People are at the center of all business, and effective leaders understand how to bring out the best in others and motivate them to accomplish greatness.