Sustainable Self Governance In Businesses And Society

Sustainable Self-Governance in Businesses and Society offers a sound introduction to Stafford Beer’s Viable System Model (VSM) and clarifies its relevance to support organisational sustainability and self-governance. While the VSM has been known since the early 1980s, it hasn’t been always easy to understand and to apply. It explains the self-transformation methodology to analyse the way organisations manage (or not) their complexity and govern themselves. The work is supported by multiple examples of application in organisations of all scales – from small to multi-national corporations and from organised social networks to communities and national organisations. It clarifies the relevance of Beer’s theory to support systemic learning and change in organisations, and to coach them to self-organise and self-govern. Readers interested in further understanding insights from complex systems and cybernetics theories for designing and transforming organisations will benefit from this book, as it works to offer very detailed insights on how to put the VSM theory into practice. It clarifies how it improves adaptive capabilities, agile and self-regulated structures, more capable of fully implementing corporate sustainability strategies and self-governing themselves. The chapters provide key reading for managers, consultants, practitioners, and post-graduate students working in organisational transformation, governance, and sustainability.

Business sustainability and sustainable development are of great importance in modern-day socio-economic study. Despite this, the impact of recent contributions from systems and complexity sciences in addressing these issues has not yet filtered down into effective practice. This book argues that there is a need for urgency in the application of analytical tools which embody the principles of complexity management in sustainability research, in particular in the context of the global climate change. The approach presented is based on the concept of clusters of whole systems coming together through collaboration, in order to create larger wholes capable of dealing with the issues facing our socio-economic environmental systems. In this updated second edition, the authors further clarify the viability and sustainability (V&S) approach, and the criteria and framework needed for sustainable governance. It includes a more detailed perspective on the implications of the V&S approach to businesses and networks towards changes in structure, strategy and processes, inspired by specific case studies. Key additions include a criteria for designing more viable and sustainable self-governed organizations, the methodologies and tools to design and implement self-transformations towards sustainability, and how these tools support sustainability management individually and globally, for businesses and society.

Sustainability cannot be achieved without good governance. The Johannesburg World Summit on Sustainable Development in 2002 stated that governance and sustainable development are intimately tied together and the future role and architecture of institutions, from local to international levels, will be crucial determinants to whether future policies and programmes for sustainable development will succeed. But these are changing times. With growing tensions over both globalization and regionalization, traditional systems of regulation are being subjected to growing pressure for reform. While states will continue to play a significant, if changed, role in the future, the importance of players from business and civil society is increasing. Sustainable development requires this change. Such an intra- and intergenerational concept cannot be achieved with a top-down approach, but rather needs the participation of all. In fact, the governance of sustainable development requires the exploration of new forms of both social co-operation and confrontation. By doing so, the different levels (global and local), players (state, company and civil society), control structures (hierarchy, market and public-private) and fields of action need to be taken into consideration.Governance and Sustainability examines the possibilities of integrating the environmental, social and economic dimensions of sustainable development within the framework of governance processes and how that might steer societies towards sustainability. It takes a close look at the key actors, their agendas and methods, forms of organization, problems and limits, as well as real-life examples for governance in different areas of society at the regional, national and international level. It is especially interested in exploring the nature of changes in the context of governance; the role of actors in such processes; and analysing how different forms of societal learning can improve governance processes. It concludes that this is a continuous process, characterized by conflicts and learning processes necessary to heighten both awareness of the complexity of the social and environmental problems faced and the prospects of implementing successful solutions. Based on a major conference hosted to assess the issue of governance post-Johannesburg, the book includes innovative insights from some of the leading thinkers in both sustainable development and governance from academia, business, multilateral organizations and NGOs. It provides a unique perspective on two of the key societal problems facing the world today.

Governance and Business Models for Sustainable Capitalism touches upon many of the central themes of today’s debate on business and society. In particular, it brings attention to a recurrent tension between efficiency, innovation, and productivity on the one hand, and fairness, equity, and sustainability on the other. The book argues that we need radical rethinking of business models and economic governance, beyond the classical doctrine, which sees social and ecological responsibility as lying with public-policy regulation of purely profit-seeking firms. In spite of the popular CSR agenda, business – as we know it today – is both too transient and too limited in its motivation to carry the regulatory burden. We need to adopt a much wider concept of 'partnered governance', where advanced states and pioneering companies work together to raise the social and environmental bar. The book suggests that civil engagements based on moral rather than formal rights, and amplified through the media, may provide a healthy challenge both to autocratic planning and to solely profit-centered commercialization. The book also proposes a triple cycle theory of innovation for sustainability: a novel framing of the efficacy of green and prosocial entrepreneurship as intertwined with political visions and supportive institutions. In addition, the book offers reflections on the ways in which further digital robotizaton may enable transition to an ‘Agora Economy’ where productive efficiency is combined with expanded civic freedoms. Aimed primarily at researchers, academics, and students in the fields of political economy, business and society, corporate governance, business ethics, corporate social responsibility, and sustainability, the book will additionally be of value to practitioners, supplying them with information regarding the challenges associated with the shaping of sustainable or ‘civilised’ market capitalism for a better world.

This book discusses various interactions in the sustainability and development sector. It presents a thematic approach to describe progressive models and cases on disruptions, innovations, regulatory and institutional evolution related to the area of sustainability, through an organizational and boardroom level governance lens. It documents how certain schools of thought, models of engagement and methods-platforms-practices impact society and while doing so, brings together varying theoretical debates, practicing models and instruments of transformation in green governance. Sustainable policy making demands a whole of government approach in decision-making processes. Further, inclusiveness and ‘green’ consciousness of corporate boardrooms are paramount, without which, effective socially responsible business practices are absurd. Human resource development, shaped on sustainable corporate ethics, requires well-trained sustainability specialists, managers that can think ‘green’ in their overall decision making which are essential for green governance. In this context, the book creates a functional, interpretive repertoire of stories, commentaries, life experiences, and reflections of corporate leaders, academics, and practicing consultants, on their decision-making processes, and how they interpret sustainability. These stories and thoughts help create a functional academic construct, which will assist academics teach ‘green’ competencies to business school students better, and entrepreneurs and business executives to better understand the idea of sustainable growth.

Demands for sustainability policies have set new challenges for business both on the individual firm level and on the level of organized business interests. This edited volume brings together economic, social, environmental, and cultural dimensions of sustainability that comprise different challenges for business processes and activities. The aim is to develop an overarching framework to the study of sustainability and business and to advance an interdisciplinary analytical perspective. The book establishes a balanced account that equally represents business as problem causers as well as problem solvers, and therefore responds to the urgent need to investigate the intersection between sustainability issues and business participation.

In recent years, as corporations and governments have increasingly been confronted with managing the expectations of a society newly alerted to the social and environmental risks of economic development, recognition is dawning that achieving a sustainable world is dependent upon the democratic management and equitable distribution of these risks for now, and for the future. This book, the first to explore the themes of corporate governance and sustainability, argues that a better system of governance on a number of levels holds the key. Contributed to and edited by a distinguished international team, this book recognizes the complex and contested nature of both sustainability and governance, and that these key concepts have been redefined considerably over time. As sustainability poses new and major challenges for the theory and practice of corporate governance, this book, ideal for postgraduate students of business and management, identifies and addresses these challenges.

Environmental, social, and corporate governance (ESG) risk considers the nonfinancial risks that could arise in a business, such as sustainability, brand reputation, legal aspects, ethics, and more. As businesses all have their own risk profiles, there is a need for risk management and mitigation that is unique for each company. Because of this variability, the study on ESG risk factors and motives of incorporating the ESG perspective into business models are crucial yet challenging. Therefore, it is important to understand how companies are adapting and mitigating ESG risk in diverse types of businesses. Adapting and Mitigating Environmental, Social, and Governance Risk in Business examines processes in enterprises that can increase the sustainability of business models and their coherence with the assumptions of the concept of sustainable development and ESG risk. Furthermore, the book explores how enterprises operating in different sectors are adapting their business models towards sustainability in order to create sustainable value. This book is a valuable tool for managers, executives, entrepreneurs, practitioners, academicians, researchers, and graduate students in finance, business, and management.