The relative role of the intellectual and moral virtues in sustainable management decisions: The case of practical wisdom and justice

We analyze the status of virtues in management by going in some depth into the two main virtues, justice and practical wisdom. We next study how ethics requires that all virtues should be present under the ideal concept of a ‘unity of virtues’ for a completely wise person and discuss the practical l...

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Detalles Bibliográficos
Autores: Cugueró-Escofet, N. (Natàlia)|||/items/94398701-9412-4333-baee-c22167a02e8f, Rosanas-Martí, J.M. (Josep Maria)|||/items/487912c9-3ad0-4a56-b176-233c47f9bd88
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Universidad de Navarra
Repositorio:Dadun. Depósito Académico Digital de la Universidad de Navarra
Idioma:inglés
OAI Identifier:oai:dadun.unav.edu:10171/67939
Acceso en línea:https://hdl.handle.net/10171/67939
Access Level:acceso abierto
Palabra clave:Justice
Fairness
Virtue ethics
Practical wisdom
Descripción
Sumario:We analyze the status of virtues in management by going in some depth into the two main virtues, justice and practical wisdom. We next study how ethics requires that all virtues should be present under the ideal concept of a ‘unity of virtues’ for a completely wise person and discuss the practical limitations of this concept. Then, we draw a framework for decision making depending on whether the decision maker possesses justice and practical wisdom or lacks one of them and then discuss which one is better to have. We conclude that justice is more important, as it is about setting objectives and prioritizing, whereas practical wisdom is about attaining these objectives, once listed, in a rationally wise and contextual way. Hence, we conclude that objectives (justice) must come first, because this makes it more likely that, in the end, practical wisdom is developed, and thus we end up having the two virtues