'Governmentability' of management by sustainable development principles

Vojko Potočan (Author), Matjaž Mulej (Author)

Abstract

Functioning of the society depends a lot on functioning of enterprises, which in turn depends a lot on humans with impact, not only on the institutional order alone. Managers have their executive impact, and owners have their governance impact over managers. Society at large expects both groups to exhibit a requisitely acceptable behaviour, but it does not happen in all cases. An additional support to the right behaviour can come from the sustainable development principles stressing holism and interdependence. Along with documents of the United Nations concerning sustainable development, the business persons' associations such as BASD and WCSD may be helpful, as well as methodologies of a requisitely holistic creative co-operation for innovation such as USOMID etc. In a best-case scenario their synergy would emerge. Governance of management can enhance this process by its normative and ethical impacts. In practice, the normative ones do not prove sufficient. Interdependence of values, culture, ethics, and norms works better. The transition from a too narrow "homo oeconomicus" toward a requisitely holistic "homo ethicus" is at stake. It requires innovation of the management style of business persons toward more of the requisite holism, which requires transitionof ethics, which in turn requires ethics of transition (rather than stability). Thus, enterprises could evolve from the efficient to the sustainable ones. The basis could be in using sustainable development as a part of the business community's interests and needs. Therefore, governance of management could and should support application of sustainable development principles in order to make managers and organisations, such as enterprises, behave as ethical ones, which could receive support from the modern systems thinking principles.

Keywords

management;vodenje;razvoj;trajnostni razvoj;

Data

Language:	English
Year of publishing:	2004
Typology:	1.08 - Published Scientific Conference Contribution
Organization:	UM EPF - Faculty of Economics and Business
UDC:	65.012.4
COBISS:	7542044
Views:	705
Downloads:	14
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	English
Secondary keywords:	management;vodenje;razvoj;trajnostni razvoj;
URN:	URN:SI:UM:
Pages:	20 f.
ID:	8720042