Pragmatism (noun)

1. The quality or state of being pragmatic, or concerned with practicality and effectiveness.
2. A philosophy or approach that emphasizes practicality and effectiveness in problem-solving and decision-making.

Origin:

Derived from the greek word "pragma" meaning "deed" or "action".

Examples:

1. The CEO's leadership style is characterized by his pragmatism and ability to quickly find practical solutions.
2. The company's success can be attributed to its pragmatic approach to business and its focus on results.
3. The government's response to the crisis was criticized for lacking pragmatism and being overly ideological.
4. The team's pragmatism and flexibility allowed them to adapt to changing circumstances and achieve their objectives.
5. Pragmatism is a key principle in engineering, where practicality and functionality are of paramount importance.