Economic slowdown: A business and social opportunity for responsible leaders
Coulson-Thomas, Colin (2020) Economic slowdown: A business and social opportunity for responsible leaders. Effective Executive, XXXIII (1). pp. 7-25. ISSN 0972-5172
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Abstract
An economic slowdown can have positive as well as negative consequences, especially in relation to the environment, biodiversity and global warming. It creates opportunities as well as problems. The responses of boards and companies can vary. Some can be more socially and environmentally responsible than others. Boards can review corporate purpose, priorities and direction, initiate and/or accelerate transition to more sustainable operations, activities, offerings and business models, and take steps to ensure people are helped and enabled to undertake transition and transformation journeys. There are relatively quick and affordable ways of providing support that can benefit people, organisations and the environment.
Item Type: | Article |
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Uncontrolled Keywords: | Leadership, Transformational Leadership, Corporate Leadership, Corporate transformation, corporate purpose, Business excellence, excellence, innovation, social purpose, CSR, corporate social responsibility, sustainability, bio-diversity, climate change, environment, economic growth, economic slowdown, economic recession, responsible leadership, re-purposing, re-prioritising, transition, directors, boards, boards of directors, ESG, Environment, social and governance investment, global warming, business models, digital technologies, innovation priorities, business priorities, direction, corporate direction, business strategy, sustainable development |
Subjects: | H Social Sciences > HB Economic Theory |
Faculty / School / Research Centre / Research Group: | Faculty of Business Faculty of Business > Centre for Work and Employment Research (CREW) Faculty of Business > Centre for Work and Employment Research (CREW) > Leadership & Organisational Behaviour Research Group (LOB) Faculty of Business > Department of Human Resources & Organisational Behaviour |
Related URLs: | |
Last Modified: | 16 Mar 2020 11:12 |
URI: | http://gala.gre.ac.uk/id/eprint/27354 |
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