Summary: Leadership, Sustainability And Governance
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Read the summary and the most important questions on Leadership, Sustainability and Governance
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Lit ch 1
This is a preview. There are 12 more flashcards available for chapter 05/06/2019
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What is the triple bottom line?
The social, environmental and economic issues that affect future generations -
What are the 3 sectorial levels of action?
1. Micro - individual
2. Meso - organisational
3. Macro - systematic -
What is the Friedman argument?
Inhibitor of responsible management. States that the only responsibility of a company is profit. -
Lit. 1: The actors, drivers and topics of LSG
This is a preview. There are 9 more flashcards available for chapter 01/04/2020
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What is responsible leadership?
The process of building stakeholder relationships that aid the fulfilment of shared visions and goals -
What are the 3 main subjects of responsible management?
1. Sustainability - Systematic problems that threaten the well-being of current and future generations
2. Responsibility - Maintenance of relationships with stakeholders
3. Ethics - Moral dilemmas in corporate governance scenarios -
What are the 3 main sectorial actors in responsible management?
1. Government
2. Businesses
3. Civil society -
What are the main characteristics of the sectorial actor "government"?
1. Influence through law, public policies and infrastructure
2. Influence at nationwide and regional level
3. Slow decision-making capabilities (bureaucracy) -
What are the main characteristics of the sectorial actor "businesses"?
1. Quick decision-making capabilities
2. Use globalisation as way to extend influence past national borders
3. Business decisions depend on profitability of each alternative -
What are the main characteristics of the sectorial actor "civil society"?
1. Influence through voting, activism, consumption and choice of work
2. Decision-making effectiveness depends on cohesiveness of society's collective voice and professionalism levels in the workplace -
What are the 3 sectorial levels of action for the government?
1. Micro - Public servant
2. Meso - governmental organisations
3. Macro - Political system
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Topics related to Summary: Leadership, Sustainability And Governance
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Lit. 1: The actors, drivers and topics of LSG
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Lit 2: Sustainability
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Lit 3: Responsibility
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Lit 4: Ethics
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Lit 5: Strategy: Responsible competitiveness
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Lit 6: Value-added Businesses and Entrepreneurship
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Lit 7: Responsible infrastructures
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Lit 8: Responsible Supply Chain Management
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Lit 9: Responsible business in a global environment
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Lit 10: Responsible Accounting & Controlling Systems
