Introduction To Humanistic Management In Practice
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Humanistic Management in Practice
Author: Ernst von Kimakowitz
language: en
Publisher: Springer Nature
Release Date: 2021-02-15
This book demonstrates how principles of a Humanistic Management paradigm are practiced in a variety of industries and regions by businesses of different ownership structures and sizes. What unites these businesses is their commitment to the three stepped approach of Humanistic Management, which is grounded in unconditional respect for the dignity of life, the integration of ethics in management decisions, and active engagement with stakeholders. These businesses are not labeled social enterprises, but operate within the mainstream of competitive markets. However, they do have a deep sense of responsibility towards the communities in which they operate and act accordingly, knowing that sustaining business success over time depends on a value proposition to society at large. The cases featured in this book serve to clarify that businesses can thrive not despite but because they are upholding principles of Humanistic Management. It will be valuable reading for academics working in the field of business ethics, sustainability and corporate social responsibility.
Introduction to Humanistic Management in Practice
This book aims to unearth accounts of businesses that excel at doing well and doing good. They make products and services that address genuine human needs and they do so in ways that equally respect all stakeholder concerns. This book also follows the Humanistic Management Network's previous book, Humanism in Business, in which we laid the theoretical foundations for a more life-conducive role of business in society. The Humanistic Management Network has selected 19 case examples of companies from around the globe, in a variety of industries, and with different ownership structures and sizes. These cases explore the principles of humanistic management and examine its theoretical merits by assessing its practical feasibility. They show how businesses can unite social value generation with financial success. One general prerequisite for managing a business along humanistic principles is the emancipation from a singular focus on maximizing profits. What these companies share is that they are managed as an integrated and responsive part of society by: • Seeing that their organizational raison d'être includes the promotion of social benefit, for which business methods and market mechanisms are a means to support a specific end, rather than an end in itself. • Submitting to the necessity of earning at least a sufficient income to be a self-sustaining organization but without succumbing to profit maximization as a normative criterion. • Maintaining the liberty to opt out of the application of market rationality where this would conflict with or decrease the social benefits the organization seeks to create.
Humanistic Management
Author: Michael Pirson
language: en
Publisher: Cambridge University Press
Release Date: 2017-09-14
This book presents a humanistic science-based framework for management, promoting an ethical and responsible approach to addressing current global societal problems.