Cultivating Excellence
Albert Ferdinand Aalders
Chapter 8 in Cultivating Organizational Excellence, 2023, pp 181-208 from Springer
Abstract:
Abstract Excellence can be approached stepwise and implemented systematically. Here it will be explained how excellence needs to be built on the overall value system of the organization on the one hand and on the organization culture and its flexibility on the other hand. Collective governance and sustainable progress thinking are demonstrated to be important elements of the necessary culture changes. The UN Sustainable Development Goals will be shown to provide a useful framework to filter and enrich business initiatives. The importance of Environmental, Social, and Governance (ESG) characteristics of organizations, including business ethics, for excellence will be discussed. Development of the right level of Corporate Social Responsibility (CSR) is a critical condition for sustainable value creation, and therefore for survival and success in the longer run. A high level of flexibility in the organization culture will be required to reconcile all, often conflicting, stakeholder requirements. It will be indicated how the instruments presented earlier can be put in place gradually and integrated over time to cultivate the excellence levels aspired. This chapter therefore describes how the right conditions can be created for excellence, and how this can be reinforced step by step.
Keywords: Assessments; Business ethics; Collective governance; Corporate Social Responsibility (CSR); Culture change; Environmental; Environmental management; Governance; Organization culture; Problem-solving; Servant leadership; Social; Training programs; Transparency; Trust; UN SDG-filtered initiatives; UN Sustainable Development Goals (SDG); Values; Whistleblower procedureWhistleblower procedure (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-26289-0_8
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DOI: 10.1007/978-3-031-26289-0_8
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