In Good Conscience: Do the Right Thing While Building a Profitable Business

Organizations need to develop an organizational conscience to be competitive and valuable to society, driving key strategic decisions and spurring sustainable and responsible innovation. This book provides concrete suggestions based on substantive research to help firms reconcile the competing interests of stakeholders, create an organization that is fair, open, and transparent, and do the right thing while building a profitable business.

Format: Paperback / softback
Length: 189 pages
Publication date: 02 October 2023
Publisher: Springer International Publishing AG

In today's competitive business landscape, customers, employees, and investors are increasingly demanding accountability and responsibility from the companies they engage with. They seek ethical and sustainable products and services, meaningful work environments, and long-term investment opportunities that align with their values. To thrive and remain valuable to society, organizations must cultivate an organizational conscience that drives key strategic decisions and fosters sustainable and responsible innovation.

In their book, the authors argue that organizations must critically examine their role and use their conscience as a guiding force in their actions. They provide practical suggestions based on extensive research, demonstrating how firms can balance the diverse interests of stakeholders, create fair, open, and transparent organizations, and uphold ethical principles while achieving profitability.

The book incorporates integrated videos and international case studies featuring multinational companies and small firms, showcasing how organizations can transition towards becoming conscientious. It offers valuable insights and strategies for building a more sustainable and responsible business, enabling organizations to align their operations with their values and contribute to the betterment of society.

By embracing an organizational conscience, companies can differentiate themselves from their competitors, attract and retain talented employees, and build trust with their stakeholders. It is a journey that requires commitment, mindfulness, and a willingness to make ethical and sustainable choices. As the demand for accountability and responsibility continues to grow, organizations that embrace this mindset will be well-positioned to succeed in the long term.

Weight: 326g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031093401
Edition number: 1st ed. 2022