Empirical Study on the Indicators of Sustainable Performance – the Sustainability Balanced Scorecard, Effect of Strategic Organizational Change
The sustainable organizational change has an ever increasing importance, leading to the rethinking of the management and systems of performance measurement and monitoring within the companies. As a reaction to current economic phenomena, in the first section of this work we tried to bring out the...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2012-06-01
|
| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1136 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | The sustainable organizational change has an ever increasing importance, leading to the
rethinking of the management and systems of performance measurement and monitoring
within the companies. As a reaction to current economic phenomena, in the first section of
this work we tried to bring out the need for using the couple Balanced Scorecard -
Corporate Social Responsibility by companies. Thus, companies involved in sustainable
actions must grant a great importance to the impact of environmental, social and economic
factors in providing added value, informing the interested parties and reflecting the
reporting of sustainable performance. As a consequence, in the second part of the work we
present the Sustainability Balanced Scorecard for the implementation of efficient strategies
which cumulate the economic, social and environmental aspects as integrating system for
sustainable performance and as a new challenge for organizational change. The key
performance indicators included in the Sustainability Balanced Scorecard are quantified by
the indicators of sustainable development, based on which the empirical research described
in the third section of the work was achieved. Through the quantitative analysis of the
economic and ecological indicators (Gross Domestic Product per capita, respective,
Environmental Performance Index) in correlation with the social indicator (Global
Competitive Index), we conclude that the implementation of green strategies by companies
leads to sustainable economic growth. |
|---|---|
| ISSN: | 1582-9146 2247-9104 |