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Implications of Global Crisis: Integrate Sustainability with Organizational Culture

Indu Rao

Working Papers from eSocialSciences

Abstract: Sustainability is an issue of escalating importance as a result of structural changes of organizations which are consolidating, downsizing, merging and outsourcing as well as due to the increasing complexity and unpredictability of the external environment. Understanding, assessing and managing organizational culture can help create both stability and adaptability for organizations, thus helping supportive integration of the sustainability strategy into appropriate organizational behavior. This paper draws from review of literature on the concepts of sustainability and organizational culture in the present context of economic turmoil. The findings suggest that organizational culture moderated by leadership and trust play an important role in sustainability of organizations. A model is thereby proposed depicting the role of organizational culture, leadership and trust towards sustainability of a firm. It is also suggested that organizations can be visualized as manifestations of cultures and future organizations need to integrate sustainability with their organizational culture in order to be prepared for the uncertain socioeconomic times. [W.P. No.2009-10-03]

Keywords: Sustainability; consolidating; unpredictability; organizational; culture (search for similar items in EconPapers)
Date: 2010-09
New Economics Papers: this item is included in nep-knm
Note: Institutional Papers
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