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Wisdom has often been associated with effective leadership. Experience, adaptive strategies, awareness, emotional intelligence, pragmatics, vision, minimal thought distortions, low fear and high courage, empathy, and Humility are characteristics common to most effective executives.
The components of Wisdom Therapy explicitly aim to train executives for these skills. The corporate application of Wisdom Therapy includes several components, including Emotional Intelligence training.
Wisdom Therapy also includes Mindfulness Meditation, which has been empirically shown to be effective in (1) Increasing awareness to alternatives and options, an essential leadership ability, and (2) Enabling executives to be less rigid & attached to a particular direction – a valuable skill when a particular strategy proves faulty.
The Cognitive-Behavioral component of Wisdom Therapy provides executives with the tools to minimize the twelve so-called cognitive distortions. These are thought patters that are based on faulty assumptions that tend to lead to faulty decisions. Addressing them explicitly enables effective shifts towards more realistic thinking and action.
Humility is yet another critical component of most high level executives. The awareness of our limited knowledge and the respect and appreciation for the system as a whole are among the prominent aspects of this component. Like the other dimensions, this can be trained and practiced.
Finally, although corporations must address the bottom line, leaders are often unaware that maintaining empathy and compassion for those in and out of the company often serves to multiply the rewards dramatically.
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