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Management and the Sustainability Paradox is about how humans
became disconnected from their ecological environment throughout
evolutionary history. Begining with the premise that people have
competing innate, natural drives linked to survival. Survival can
be thought of in the context of long-term genetic propagation of a
species, but at the same time, it involves overcoming of immediate
adversities. Due to a diverse set of survival challenges facing our
ancestors, natural selection often favored short-term solutions,
which by consequence, muted the motivations associated with
longer-range sustainability values. Managerial decisions and
choices mostly adopt a moral calculus of costs versus benefits.
Managers invoke economic and corporate growth to justify virtually
any action. It is this moral calculus underlying corporate behavior
that needs critical examination and reformation. At the heart of it
lie deep moral questions that we examine in this book, with the
goal of proposing ethical solutions to the paradox. Management and
the Sustainability Paradox examines the issue that there appears to
be an inherent paradox between what some businesses view as "a need
for progress" and " a concern for sustainability". In business, we
often see a collision between ideas of progress and sustainability
which shapes corporate actions, and managerial decisions. Typical
corporate views of progress involve the creation of wealth, jobs,
innovative products, and social philanthropic projects. On the
basis of these "progressive" actions they justify their inequitable
distribution of surpluses by paying low wages and exploiting
ecological resources. It is not difficult to see the antagonistic
interplay between technological and social innovation with our
values for social and environmental well-being and a dualism that
needs to be overcome. This book is intended for a broad appeal to
an academic and policy maker audience in the sustainability and
management fields. The book will be of vital reading for managers
seeking to reconnect our human chain with the natural environment
in the cause of sustainable business.
For many years commentators have described what is wrong with
business schools - characterizing them as the breeding grounds of a
culture of greed and self-enrichment in global business at the
expense of the rest of society and of nature. Management Education
for the World is a response to this critique and a handbook for
those seeking to educate and create knowledge for a new breed of
business leaders. It presents a vision for the transformation of
management education in service of the common good and explains how
such a vision can be implemented in practice. The 50+20 vision, as
it is also known, was developed through a collaborative initiative
between the Globally Responsible Leadership Initiative, the World
Business School Council for Sustainable Business and the
U.N.-backed Principles of Responsible Management Education and
draws on the expertise of sustainability scholars, business and
business school leaders and thought leaders from many other walks
of life. This book explores the 21st century agenda of management
education, identifying three fundamental goals: educating and
developing globally responsible leaders, enabling business
organizations to serve the common good, and engaging in the
transformation of business and the economy. It is a clarion call of
service to society for a sector lost between the interests of
faculty, business and the schools themselves at the expense of
people and planet. It sees business education stepping up to the
plate with the ability of holding and creating a space to provide
responsible leadership for a sustainable world embodied in the
central and unifying element of the 50+20 vision, the
collaboratory. Management Education for the World is written for
everyone concerned or passionate about the future of management
education: consultants, facilitators, entrepreneurs and leaders in
organizations of any kind, as well as policymakers and others with
an interest in new and transformative thinking in the field. In
particular, teachers, researchers, students and administrators will
find it an invaluable resource on their journey.
For at least a decade the science of climate change has warned us
of the dire need for action - particularly by corporations who are
the main engines of economic production and consumption. Yet
managerial and corporate understanding of climate change and
related energy issues remains fragmented and present actions lack
the urgency this critical problem deserves. There is a whole new
economy - the low-carbon economy - looming on the horizon. But our
consumption and production patterns remain in a carbon-locked
position. What we are risking is a global carbon crisis and a case
of history repeating. Humankind's failure to adequately recognise
the onset of and address the effects of the global financial crisis
mirrors our similar failures with the carbon crisis. There are many
parallels: both are and were predictable and both will have direct
implications on humanity on a sweeping, indiscriminate and severe
scale. The difference is that we cannot reverse the effects of
climate change and fossil fuel scarcity as easily as we can repair
the global financial system. It is of paramount importance that we
wake up to the risks and begin tackling the issues early enough. To
successfully address the risks, business needs to be aware of the
consequences that a changing climate and finite carbon resources
will have on their business performance. The element carbon - both
as a resource and as an emission - is both an economic threat as
well as an opportunity for companies. It is a threat for
carbon-intense production systems that will need to be changed to
avoid further harmful climatic change, and take into account the
limited availability of carbon-based fuels. At the same time, new
opportunities will emerge for companies who can creatively design
and produce goods and services that fit the new emerging
carbon-constrained business environment. Many sectors of the
economy - for example, renewable energy, energy and resources
conservation, waste reduction and management, carbon finance
markets - will expand rapidly, as other carbon- and
resource-intensive sectors decline. The Global Carbon Crisis
succinctly translates important insights from the natural sciences,
economics and equity discussions, for the business reader. It
reviews important aspects of these discussions and clarifies
misunderstandings with respect to climate change and fossil fuel
availability and their implications for business. The book provides
simple, direct, pragmatic and effective solutions that
policy-makers and corporate managers can implement. The aim is to
provoke action - thoughtful action - towards developing a
low-carbon future for companies on three levels. At the macro
level, the authors discuss the importance of tough industrial
policies for climate change and propose the idea of an
international carbon-equal fund. At the meso level, they elaborate
on the role of inter-firm collaborations for establishing
low-carbon industries and production systems. At the micro level,
they illustrate the virtue of proactive carbon strategies and
suggest a corporate carbon management framework. Getting the
message of the carbon crisis across to a business audience has
proved challenging. This book successfully makes the case that they
are intricately connected to one another and practising managers
and business students will benefit from viewing the carbon crisis
in parallel to the financial meltdown. The book will be essential
reading for all businesses grappling with carbon-related issues and
for many in academia, including those in management, strategy,
finance, corporate social responsibility and sustainable
development, globalisation and innovation studies.
For many years commentators have described what is wrong with
business schools - characterizing them as the breeding grounds of a
culture of greed and self-enrichment in global business at the
expense of the rest of society and of nature. Management Education
for the World is a response to this critique and a handbook for
those seeking to educate and create knowledge for a new breed of
business leaders. It presents a vision for the transformation of
management education in service of the common good and explains how
such a vision can be implemented in practice. The 50+20 vision, as
it is also known, was developed through a collaborative initiative
between the Globally Responsible Leadership Initiative, the World
Business School Council for Sustainable Business and the
U.N.-backed Principles of Responsible Management Education and
draws on the expertise of sustainability scholars, business and
business school leaders and thought leaders from many other walks
of life. This book explores the 21st century agenda of management
education, identifying three fundamental goals: educating and
developing globally responsible leaders, enabling business
organizations to serve the common good, and engaging in the
transformation of business and the economy. It is a clarion call of
service to society for a sector lost between the interests of
faculty, business and the schools themselves at the expense of
people and planet. It sees business education stepping up to the
plate with the ability of holding and creating a space to provide
responsible leadership for a sustainable world embodied in the
central and unifying element of the 50+20 vision, the
collaboratory. Management Education for the World is written for
everyone concerned or passionate about the future of management
education: consultants, facilitators, entrepreneurs and leaders in
organizations of any kind, as well as policymakers and others with
an interest in new and transformative thinking in the field. In
particular, teachers, researchers, students and administrators will
find it an invaluable resource on their journey.
Management and the Sustainability Paradox is about how humans
became disconnected from their ecological environment throughout
evolutionary history. Begining with the premise that people have
competing innate, natural drives linked to survival. Survival can
be thought of in the context of long-term genetic propagation of a
species, but at the same time, it involves overcoming of immediate
adversities. Due to a diverse set of survival challenges facing our
ancestors, natural selection often favored short-term solutions,
which by consequence, muted the motivations associated with
longer-range sustainability values. Managerial decisions and
choices mostly adopt a moral calculus of costs versus benefits.
Managers invoke economic and corporate growth to justify virtually
any action. It is this moral calculus underlying corporate behavior
that needs critical examination and reformation. At the heart of it
lie deep moral questions that we examine in this book, with the
goal of proposing ethical solutions to the paradox. Management and
the Sustainability Paradox examines the issue that there appears to
be an inherent paradox between what some businesses view as "a need
for progress" and " a concern for sustainability". In business, we
often see a collision between ideas of progress and sustainability
which shapes corporate actions, and managerial decisions. Typical
corporate views of progress involve the creation of wealth, jobs,
innovative products, and social philanthropic projects. On the
basis of these "progressive" actions they justify their inequitable
distribution of surpluses by paying low wages and exploiting
ecological resources. It is not difficult to see the antagonistic
interplay between technological and social innovation with our
values for social and environmental well-being and a dualism that
needs to be overcome. This book is intended for a broad appeal to
an academic and policy maker audience in the sustainability and
management fields. The book will be of vital reading for managers
seeking to reconnect our human chain with the natural environment
in the cause of sustainable business.
The ecological, social and technological challenges of the
Anthropocene require developing and implementing new economic,
business, and financial models to create sustainable value for a
wide range of stakeholders including nature, society, and future
generations. This book defines ‘sustainable value creation’ as
bringing forth products, services, organizational forms, processes,
actions, and policies which satisfy real social needs and
contribute to the ecological regeneration of nature. The book
collects and analyzes innovative economic, business, and social
models of sustainable value creation globally. It critically
examines the existing mainstream models of business and financial
value creation. In reviewing both traditional and
sustainability-oriented models, it focuses on both the challenges
and opportunities inherent in a possible shift from models based on
single-stakeholder wealth creation to models that propagate
multidimensional value creation. Part of the Palgrave Studies in
Sustainable Business in Association with Future Earth series, this
book aims to engage academics, and business and civil society
practitioners to discuss innovative value creation models for a
sustainable world. Interdisciplinary and intercultural exchange
will be facilitated to inspire and cross-fertilize different
knowledge and action fields as well as to promote intergenerational
dialogue about the prospects of the human-earth system.
This book is motivated by the simple hope that the cloud of the
global financial crisis may yet have a silver lining--that
political leaders, economists, and management scholars might seize
this opportunity to reflect critically on the assumptions,
practices, and infrastructures that have precipitated the crisis
and to imagine and create new forms of organization that
sustainably enhance the well-being of global stakeholders.
The contributors suggest that aesthetic management, high
reliability and crisis management, and sustainability science have
much to contribute to the resolution of the collapse that we've
witnessed, and to providing enduring lessons for how to structure
the institutions of the future. "Learning From the Global Financial
Crisis" devotes a section to each of these areas, offering
full-length chapters which explore key issues in depth, as well as
shorter commentaries that focus on practical considerations. The
chapters progress from micro-level issues that pertain to
individuals and teams who act creatively; to the meso-level issues
that pertain to the structures, practices, and processes; to the
macro-level issues that pertain to the interdependent, ecological
systems.
Together, the contributions emphasize the importance of developing
holistic responses to the financial crisis. The result is a volume
that casts new light on traditional economic and managerial
theories and policies and provides fresh ideas to a new generation
of scholars and practitioners.
The emphasis in this work is on memory in organizations,
organizational improvisation, strategies of learning, the nuances
of learning and integrating strategy and organizational learning.
The volume includes a chapter on social learning and transaction
cost economics.
This volume is part of a series which seeks to act as a vehicle for
the communication of research in strategic management. It contains
papers presenting theoretical and/or empirical analysis of
strategic problems, comparative and analytical case studies of
issues and application of concepts.
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