The Economics of Values-Based Organisations

The Economics of Values-Based Organisations PDF Author: Luigino Bruni
Publisher: Routledge
ISBN: 1317703596
Category : Business & Economics
Languages : en
Pages : 163

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Book Description
This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

The Economics of Values-Based Organisations

The Economics of Values-Based Organisations PDF Author: Luigino Bruni
Publisher: Routledge
ISBN: 1317703596
Category : Business & Economics
Languages : en
Pages : 163

Get Book Here

Book Description
This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

The Economics of Values, Ideals and Organizations

The Economics of Values, Ideals and Organizations PDF Author: Luigino Bruni
Publisher: Routledge
ISBN: 1000393607
Category : Business & Economics
Languages : en
Pages : 125

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Book Description
Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization are perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. "Narrative capital" is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps – the surpluses and misalignments – between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations – economists, sociologist, business scholars, theologians and philosophers.

Economics, Values, and Organization

Economics, Values, and Organization PDF Author: Avner Ben-Ner
Publisher: Cambridge University Press
ISBN: 9780521774116
Category : Business & Economics
Languages : en
Pages : 564

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Book Description
A path-breaking analysis of the relationship between economic institutions and values.

The Economics of Values-Based Organisations

The Economics of Values-Based Organisations PDF Author: Luigino Bruni
Publisher: Routledge
ISBN: 131770360X
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

Doing the Right Thing

Doing the Right Thing PDF Author: Arjo Klamer
Publisher: Ubiquity Press
ISBN: 190918893X
Category : Social Science
Languages : en
Pages : 267

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Book Description
"This book is for all those who are seeking a human perspective on economic and organizational processes. It lays the foundations for a value based approach to the economy. The key questions are: "What is important to you or your organization?" "What is this action or that organization good for?" The book is directed at the prevalence of instrumentalist thinking in the current economy and responds to the calls for another economy. Another economy demands another economics. The value based approach is another economics; it focuses on values and on the most important goods such as families, homes, communities, knowledge, and art. It places economic processes in their cultural context. What does it take to do the right thing, as a person, as an organization, as a society? What is the good to strive for? This book gives directions for the answers. The value based approach restores the ancient idea that quality of life and of society is what the economy is all about. It advocates shifting thefocus from quantities ("how much?") to qualities ("what is important?").

Putting Purpose Into Practice

Putting Purpose Into Practice PDF Author: Colin Mayer
Publisher: Oxford University Press
ISBN: 0198870701
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
This is the first book to provide a precise description of how companies can put purpose into practice. Based on groundbreaking research undertaken between Oxford University and Mars Catalyst, it offers an accessible account of why corporate purpose is so important and how it can be implemented to address the major challenges the world faces today.

From Values to Action: The Four Principles of Values-Based Leadership

From Values to Action: The Four Principles of Values-Based Leadership PDF Author: Harry M. Jansen Kraemer, Jr.
Publisher: John Wiley & Sons
ISBN: 0470881259
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
Silver Medal Winner, Business and Leadership, 2012 Nautilus Book Awards Respected former CEO, professor, and speaker examines what it takes to become a values-based leader In this highly-anticipated book, Harry Kraemer argues that today's business environment demands values-based leaders who, in "doing the right thing," deliver outstanding and lasting results. The journey to becoming a values-based leader starts with self-reflection. He asks, "If you are not self-reflective, how can you know yourself? If you do not know yourself, how can you lead yourself? If you cannot lead yourself, how can you lead others?" Kraemer identifies self-reflection as the first of four principles that guide leaders to make choices that honor their values and candidly recounts how these principles helped him navigate some of the toughest challenges he faced in his career. Offers a framework for adopting the principles of values-based leadership—self-reflection, balance, true self-confidence, and genuine humility—to lead organizations effectively Based on Kraemer's popular Kellogg MBA course on values-based leadership A recognized expert in values-based leadership, Kraemer is a sought after speaker on the subject Lively and engaging, Kraemer's book comes at a critical time when true leadership in every facet of society is desperately needed. All of Harry’s proceeds from the book sales are donated to the One Acre Fund in Africa.

Theology, Morality and Adam Smith

Theology, Morality and Adam Smith PDF Author: Jordan J. Ballor
Publisher: Routledge
ISBN: 1000605892
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723–1790). The panel of contributors deepens our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith’s view of providence and his famous "invisible hand" to the role of self-interest and benevolence in Smith’s social and economic thought. A better appreciation for the moral and theological dimensions of Smith’s thought provides not only a better understanding of Smith’s own context and significance in the Scottish Enlightenment but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science, and philosophy.

Capitalism and Christianity

Capitalism and Christianity PDF Author: Luigino Bruni
Publisher: Taylor & Francis
ISBN: 1003828469
Category : Business & Economics
Languages : en
Pages : 151

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Book Description
Drawing on debates about the religious nature and origins of contemporary European capitalism, this book argues for a distinction between a Northern/Protestant and a Southern/Catholic spirit of capitalism. The first part of the book explores the history of the relationship between capitalism and Christianity. Going back much further than Weber’s “protestant ethic” arguments, it looks at the early centuries of Christianity from the gospels to Augustine and follows the story through the Middle Ages – with special attention devoted to the role of Monasticism and Franciscanism – to modernity. The second part of the book analyses the origin of the “southern spirit of capitalism: before and after Luther and the Calvinist Reformation. It highlights the key features which demonstrate that the Catholic spirit of capitalism is, in fact, different from the Anglo-Saxon spirit. This book will be of interest to readers in history of economic thought, history of capitalism, economic ethics and religious history.

Social Management

Social Management PDF Author: Giuseppe Argiolas
Publisher: Springer
ISBN: 3319545825
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
This book presents a new governance framework for socially oriented business management. It offers a detailed and comprehensive analysis of socially oriented business and its key stakeholders, and introduces a managerial model that is both sustainable in the long term and effective. The book first provides an overview of these organizations and compares the most common managerial systems. It then introduces the concept of Corporate Social Responsibility, and explains the fundamentals for action by and within the business. Based on this framework, it develops an integrated approach for the management of the socially oriented enterprise and explains the interplay between the central drivers for this management model and how to put the model into practice. The book is a valuable resource for graduate and advanced undergraduate courses in sustainable management.