Practical wisdom from Aristotle

“Practical wisdom is about doing the right thing, at the right time, in the right way, for the right reasons.  It’s not something you learn by studying or thinking, but by doing.”  So says US Psychologist Barry Schwartz as reported in HR Monthly magazine, February 2010, pp 10-13.

Barry’s views are based on the teachings of the famous philosopher Aristotle, who was “very interested in how craftsmen – woodworkers for example – solved unique everyday problems by developing rules of thumb, making mistakes, and correcting their approaches to problems based on previous mistakes.  He thought this example showed how to lead other people and how to be good marital partners, be good parents, teachers and so on.”

This article explains a lot of why I chose the name ‘bizdom‘ for this blog.  And how I go about improving business performance.

Read on to discover how practical wisdom can be readily and beneficially applied in business and in other spheres.