Patterns of Management and Their Influence on Business Behaviour
Silvia Solimene
Chapter 10 in Corporate Management in a Knowledge-Based Economy, 2012, pp 212-236 from Palgrave Macmillan
Abstract:
Abstract In Chapter 6, section 6, it was said that in the present age it appears indispensable to stimulate the ‘awakening of conscience’ of managers , in order to develop strategies of really sincere social responsibility that seriously consider the values, objectives and motivation of the various stakeholders. It has also been underlined that the ‘utility function’ of the manager of the future should not be based on the blind maximization of profit in the interest of the majority shareholders, but should be multidimensional, permeated by higher principles of ethics and aimed at social relations and the protection of environmental resources. All of this should be in the interest of the common good (in particular of the company, its survival and development) and of protection of the various stakeholders. In particular, the manager of the future should take care of and protect the people who work inside the company. They are a strategic factor to be recognized and developed both for the success of the organization and for the satisfaction of the needs of individuals.
Keywords: Management Model; Corporate Management; Management Style; Effective Leader; Business Behaviour (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-35545-3_10
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DOI: 10.1057/9780230355453_10
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