The ecology of management: Cassandra, a holistic diagnostic for sustainable performance Online publication date: Mon, 04-Oct-2010
by Walter Baets
International Journal of Complexity in Leadership and Management (IJCLM), Vol. 1, No. 1, 2010
Abstract: 'Shareholder value only' belongs to the mainstream managerial paradigm that is increasingly called into question. The recent worldwide financial crisis is only the latest manifestation of a paradigm that does seem to focus on growth (as defined by GDP per capita) but in an unequal way. It is increasingly questioned how the economy can move from a shareholder perspective to a stakeholder perspective. With less and less time to lose, people cannot afford the luxury of continuing to think in a paradigm that hardly questions the 'negative' side effect of its own ontology. The framework of a short term business view, ignoring the devastating impact of our consumerism on our own environment and our own well being, is no longer tenable. This paper suggests a paradigm that caters for sustainability, responsibility and ethics, and at the same time it makes an attempt to design a tool for sustainable performance.
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