This inquiry aims to highlight the philosophical perspective of Aristotle’s “business” priority of the organization over the individual in combination with Heraclitus’ flux theory and the unity of opposites to alternatively approach organizational resilience. While current literature on organizational resilience argues that disorganization and gradual decaying are probable but not certain, they can be predicted and managed. In contrast, the combined analysis of Aristotelian and Heraclitean philosophical theories points out that organizational disorganization and the fluctuation of resilience are a certainty (...) and not a probability, constituting an automation embedded in a circular, repeatable pattern for organizations and businesses. In this project, organizational and entrepreneurial scientific realism meets with the philosophical synthesis of Heraclitus’ and Aristotle’s thought on organizational resilience. The intended outcome of this “encounter” is to contribute an applicable perceptual “intellectual tool” that will foster a deeper understanding of resilience, organizationally and individually. (shrink)

This study contextualizes business leaders’ perspectives on business-society interaction through the theoretical lens of wisdom. Morally effective interaction between business and society relies on shared perceptions of expected values grounded in leaders’ virtuous behavior. Through empirical fieldwork across industries in a developing society, the article documents how local business leaders perceive wise leadership in dealing with socially complex problems. Using grounded theory, we inductively developed a model of wisdom, executive wisdom, that identifies 14 characteristics of wisdom, located in three groups: (...) technē, wise decisions, and virtuous disposition. The findings broaden the view of the complex nature of wise decision-making in the business-society context. (shrink)