Conscious Capitalism

2021 ◽  
pp. 1146-1146
Keyword(s):  
2019 ◽  
Vol 58 (2) ◽  
pp. 221-238
Author(s):  
Naceur Jabnoun

Purpose The purpose of this paper is to develop an excellence model that combines noble ends and noble means to achieve sustainable business excellence (SBE). Design/methodology/approach The general framework of existing excellence models is used to develop the new model. Relevant literature on business excellence and current business and economic trends such as constructive capitalism, conscious capitalism, shared value, values-driven organizations and corporate governance are used to develop the basic concepts of the model. The criteria and the assessment method of the model are then developed based on the basic concepts. Findings This paper proposes a model for SBE. This model is aligned with conscious capitalism, constructive capitalism, shared value, values-driven organizations and corporate governance. The paper includes a comparison between this model and the most popular excellence models. Research limitations/implications This paper paves the way for more empirical and theoretical research on stakeholders’ business excellence models. Practical implications This model can be adopted by different national and international excellence awards. The adoption of this model can improve the benefits of shareholders, partners, customers, employees and the society at large. Implementing this model may be effective in transferring knowledge about conscious capitalism, values-driven organization and corporate governance to corporations worldwide. Social implications This may contribute to protecting the environment and reducing economic inequalities that have caused political and social instability. Originality/value Excellence models have been widely used with significant success all over the world. Although these models paid attention to customers and employees, they still reflect traditional capitalism that focuses on shareholders’ value. This model is aligned to new economic trends that foster sustainability and improve benefits of all stakeholders.


2019 ◽  
Vol 216 (5) ◽  
pp. 241-242 ◽  
Author(s):  
Tea Dakić

SummaryThe massive burden of mental disorders adversely affects global health, economy and human rights situations. Yet research investments are shifting from psychiatry toward other more cost-effective fields of medicine. This editorial calls for conscious capitalism and prioritisation of mental health by reflecting on mental health disparities through the prism of justice.


2011 ◽  
Vol 53 (3) ◽  
pp. 83-90 ◽  
Author(s):  
John Mackey
Keyword(s):  

2012 ◽  
Author(s):  
David A. Schwerin
Keyword(s):  

2011 ◽  
Vol 53 (3) ◽  
pp. 98-108 ◽  
Author(s):  
Rajendra S. Sisodia
Keyword(s):  

2011 ◽  
Vol 53 (3) ◽  
pp. 109-117 ◽  
Author(s):  
Michael Strong
Keyword(s):  

Author(s):  
Ieda Pelógia Martins Damian ◽  
Beatriz Rosa Pinheiro Santos

Knowledge management has already determined its true importance and stands as a consistent, necessary, present, and concurrently futuristic process in the physical and digital environments where people are present. In the transitional economic, social, cultural, and technological contexts, given the anguish of establishing or not the information and knowledge society, it is purely remarkable that informational conflicts happen in a devastating manner, negatively affecting the producers, recipients, and makers of this world: people. Many refute the efficiency and effectiveness of the knowledge management process, with the justification that managing knowledge is impossible, since it is not palpable. On the other hand, there are those who argue that knowledge management is a process composed of activities that aim to make possible the production, availability and sharing of consistent, effective, functional, and true knowledge in environments, in order to make it available for better decision-making, since before it became known, it was necessary to deal with data and information. Therefore, knowledge management does not deal with autocracy, as it is a democratic, conscious process that is committed to the truth and that fights against misinformation, as well as against false news that contributes to people's authoritarianism, ignorance, and inferiority, precisely because untrue information will be assimilated and will result in malicious knowledge. For Edgar Morin, who defends the theory of complexity, the classic thinking of science is based on three pillars, among them order, separability, and reason. What can be inferred is that the excess of reason can become blind to the point that subjective aspects, which are also part of the process of transforming objectivity, suffer a certain negation. In addition, order and separability, during all these years, have also been responsible for the lack of synergy and interdependence that exists in corporations, organizations, social networks and people's homes. It may even sound strange to say that there is no synergy and interdependence in social networks, but this statement is precisely defended when visualizing the loneliness and despair established in these environments, justified by the eternal and constant search for acceptance and belonging, which most of the times do not becomes contemplated. Also, according to the author Edgar Morin, complex thinking does not aim to replace separability with inseparability but defends a dialogical relationship that uses separability in an inseparable context, that is, that calls for responsible action by all sectors of society here already mentioned: economic, social, cultural, scientific, and technological. Thus, this chapter aims to approach the concept of knowledge management from a more expansive perspective, which is not only in the business sphere, based on the complexity theory. As a hypothesis, having knowledge management as a concept originating from information science, the author argues that this is a scientific field that contributes to a more conscious capitalism in consumption and informational production, even because it is necessary for the control of other types of consumption, as private, public, essential, and superfluous, among others. To address the aspects of complexity in knowledge management and reflect on the referred hypothesis, a qualitative and bibliographic research was carried out.


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