Quotation Rocha, Raysa, Pinheiro, Paulo, dAngelo, Marcia, Kragulj, Florian. 2021. Organizational Phronesis Scale Development. In Proceedings of the 22th European Conference on Knowledge Management, Hrsg. Academic Conferences International Limited, 631-638. Reading: None.


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Abstract

Society is calling for practically wise organizations, companies with humanized strategy and highly innovative sustainable performance. Searching for answers, researchers are looking back to phronesis, the Aristotelian construct, also known as practical wisdom and prudence. While leaders guide organizational practical wisdom development, employees work with these guidelines and incorporate practical wisdom into company actions. The investigation on phronesis in knowledge management is intensifying because of the urge to comprehend how to disseminate phronesis (among leaders and members) and build practically wise organizations. However, there is no measurement examining employees' perceptions of phronetic organizations. Therefore, this research aims to develop a scale measuring organizational practical wisdom. We built the survey grounded on the academic studies concerning practically wise organizations, and experts reviewed the items to address it. Data were collected utilizing an online survey with 16 items and sociodemographic questions. Participants answered the survey on a 5-point Likert scale from (1) I completely disagree to (5) I agree completely. We made it available in Portuguese, and we e-mail the survey to Brazilian and Portuguese universities, companies listed in free databases, unions, and our network through social media and mobile messages. We received 199 answers. After performed exploratory factorial analyses with the software IBM SPSS Statistics 27 to exclude unnecessary or poorly performed items, we conducted cases listwise exclusion; we withdraw items with a communality of less than 0.50; and we applied the matrix of correlations, using the principal components' method's extraction, followed by an orthogonal Varimax rotation. The final exploratory factorial analysis revealed a model accounting for 65.544% of Total Variance Explained. Cronbach's alpha was determined as 0.951 to evaluate internal data consistency. The main contribution is the deve

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Contribution to conference proceedings
Language English
Title Organizational Phronesis Scale Development
Title of whole publication Proceedings of the 22th European Conference on Knowledge Management
Editor Academic Conferences International Limited
Page from 631
Page to 638
Location Reading
Year 2021
Open Access N

Associations

Projects
Knowledge management
People
Kragulj, Florian (Details)
External
dAngelo, Marcia (Center for Sustainability Studies of Organizations, Fucape Business School, Vitória, Brazil)
Pinheiro, Paulo (NECE Research Center in Business Sciences, University of Beira Interior, Covilhã, Portugal)
Rocha, Raysa (NECE Research Center in Business Sciences, University of Beira Interior, Covilhã, Portugal)
Organization
Knowledge Management Group AB (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
1925 Knowledge management (Details)
5954 Knowledge management (Details)
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