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In philosophy, practical reason is the use of reason to decide how to act. This contrasts with theoretical reason (often called speculative reason), which is the use of reason to decide what to follow.
Rule of Thumb is basically empirical and drawn from experience and practical knowledge of the field. It is like inttuition. Soemtimes it works and sometimes it does not. There is no scientific bassis to it but yet it work in some situations. Therefore I would not it is always harmful for an orgnisation.