Perspective, often called wisdom, is the ability to take stock of life in the bigger picture. It is the product of knowledge and life experiences, but it is more than the accumulation of information: perspective is the coordination of this information and its deliberate use to improve well-being.
In a social context perspective allows one to listen to others, to evaluate what they say, and then to offer good advice. Perspective entails the acquisition and use of knowledge. Thus, wise people have expert knowledge about what really matters, and they know how to plan and manage it. They possess knowledge about procedures, as well as feelings and values, and can balance this knowledge with the situation, knowing that what is wise in one situation may be foolish in another.
Those with perspective can address important and difficult questions about conduct and meaning for the good of all involved. They also tend to possess strong self-knowledge. They bring both feeling and rationality into decisions and have a wide-angle view of life’s patterns in relationships and life’s meaning. Wise people take the needs of others into consideration and understand their own limitations. They see into the heart of problems and frequently are sought out for advice.