Contribution of the socio-economic management control to steering balanced and sustainable company overall performance
TL;DR: In this paper, the authors show that steering overall performance requires not only juxtaposing indicators focused on economic, social and environmental performance but also negotiating the measurement of performance metrics with all the stakeholders.
Abstract: Purpose
The purpose of this paper is to show that steering overall performance requires not only juxtaposing indicators focused on economic, social and environmental performance but also negotiating the measurement of performance metrics with all the stakeholders.
Design/methodology/approach
This is an action-research and intervention-research project aimed at experimenting an integrated and negotiated management control system for overall performance. The choice for the case study is a hospital in the Middle East that practices green management and that has to be self-financed while accepting all patients, even those who cannot pay.
Findings
The integration of the three dimensions of overall performance requires involving all stakeholders in the implementation of innovative management control.
Research limitations/implications
The case is a pilot experiment and shows the conditions for an appropriate design of an overall performance management control methodology. However, further experiments should be carried out to shed light on the factors that form invariants regarding integrated performance log-books.
Practical implications
The study design is that of a management control methodology that enables the short- and long-run economic impacts of social and environmental performance.
Social implications
The action-research process has proved to be a learning experience for the hospital and both internal and external stakeholders. However, replicability remains to be proven through experimenting the method in various settings.
Originality/value
This paper shows the need for negotiation of overall performance with all stakeholders to design and implement an appropriate participative approach to management control.
Citations
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Journal Article•
TL;DR: In this article, the authors studied the history of the hidden cost method and the results of its application within 1854 firms and organizations, and explained the genesis of its conception, its contributions and its limitations both in practical and theoretical terms.
Abstract: Forty years after its invention, the article studies the history of the hidden cost method and the results of its application within 1854 firms and organizations. In particular, it explains the genesis of its conception, its contributions and its limitations both in practical and theoretical terms. In particular, it shows how this method contributes at the same time to managerial effects and to the production of scientific intent data, which places it in the paradigm of Evidence-Based Management.
3 citations
01 Aug 2018
TL;DR: In this article, the authors analyze the status quo of innovation and entrepreneurship education for economic management students from the aspects of curriculum system and practical teaching, and propose some feasible suggestions for training the ability of entrepreneurship of economic management from the perspective of innovation of ability training mechanism, so as to achieve the purpose of improving employability.
Abstract: At present, with the expansion of enrollment in colleges and universities, the employment situation of university graduates has become increasingly severe, and economic management majors once hailed as “popular”. Due to unreasonable duplication of settings, these professional graduates have obviously oversupply. At the same time, due to the special nature of graduates of economic management, the practical requirements of graduates are high, which makes the employment of economic management graduates face many difficulties. From the perspective of employability, the article analyzes the status quo of innovation and entrepreneurship education for economic management students from the aspects of curriculum system and practical teaching. It finds that the ability of innovation and entrepreneurship of graduates of this type lags behind the practical needs of economic and social development. It is difficult to adapt its employability to meet the requirements of the labor and employment market in the short term. Then analyze the main problems existing, and put forward some feasible suggestions for training the ability of innovation and entrepreneurship of economic management from the perspective of innovation of ability training mechanism, so as to achieve the purpose of improving employability.
2 citations
01 Aug 2019
TL;DR: In this paper, the authors studied the reform and innovation of modern enterprise economic management mode based on knowledge economy, and the corresponding countermeasures are put forward to find key breakthroughs and points of convergence.
Abstract: Under the current conditions of the development of knowledge economy, the economic management of modern enterprises has been highly valued. However, there are still many problems in the process of enterprise economic management model reform. Therefore, based on knowledge economy, the author studies the reform and innovation of modern enterprise economic management mode. On the premise of analyzing the authority existing in the reform mode of enterprise economic management at the present stage, the corresponding countermeasures are put forward. Research shows that the road to innovation and development of enterprises needs to find key breakthroughs and points of convergence, and the related work of economic management just provides this opportunity for enterprises. Enterprises should firmly grasp the key points of this reform and innovation. The management mechanism has moved to the innovation stage to promote its further development.
1 citations
Cites background from "Contribution of the socio-economic ..."
...The innovation of enterprise economic management should pay attention to combining with its own reality, excavate and constantly enhance its own value, break the traditional thinking and management mode [7]....
[...]
16 May 2018
TL;DR: In this article, a history of the methode des couts caches and the result of its application in 1854 entreprises and organisations is presented. Butteau et al.
Abstract: Quarante ans apres son invention, l’article etudie l’histoire de la methode des couts caches et les resultats de son application sur 1854 entreprises et organisations. Il explique en particulier la genese de sa conception, ses apports et ses limites tant au plan pratique que theorique. Il montre en particulier comment cette methode contribue en meme temps a des effets manageriaux et a la production de donnees d’intention scientifique, ce qui l’inscrit dans le paradigme de l’Evidence-Based Management.
References
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01 Mar 2010
18,472 citations
Book•
01 Jan 1984TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Abstract: Part I. The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Stakeholder management: framework and philosophy Part II. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies Part III. Implications for Theory and Practice: 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive.
17,404 citations
Posted Content•
TL;DR: In this article, the authors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory.
Abstract: Long a fruitful area of scrutiny for students of organizations, the study of institutions is undergoing a renaissance in contemporary social science. This volume offers, for the first time, both often-cited foundation works and the latest writings of scholars associated with the "institutional" approach to organization analysis. In their introduction, the editors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory. Several chapters consolidate the theoretical advances of the past decade, identify and clarify the paradigm's key ambiguities, and push the theoretical agenda in novel ways by developing sophisticated arguments about the linkage between institutional patterns and forms of social structure. The empirical studies that follow—involving such diverse topics as mental health clinics, art museums, large corporations, civil-service systems, and national polities—illustrate the explanatory power of institutional theory in the analysis of organizational change. Required reading for anyone interested in the sociology of organizations, the volume should appeal to scholars concerned with culture, political institutions, and social change.
8,449 citations
Book•
01 Jan 1991
TL;DR: In this paper, the authors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory.
Abstract: Long a fruitful area of scrutiny for students of organizations, the study of institutions is undergoing a renaissance in contemporary social science This volume offers, for the first time, both often-cited foundation works and the latest writings of scholars associated with the "institutional" approach to organization analysis In their introduction, the editors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory Several chapters consolidate the theoretical advances of the past decade, identify and clarify the paradigm's key ambiguities, and push the theoretical agenda in novel ways by developing sophisticated arguments about the linkage between institutional patterns and forms of social structure The empirical studies that follow--involving such diverse topics as mental health clinics, art museums, large corporations, civil-service systems, and national polities--illustrate the explanatory power of institutional theory in the analysis of organizational change Required reading for anyone interested in the sociology of organizations, the volume should appeal to scholars concerned with culture, political institutions, and social change
7,925 citations
Book•
01 Jan 1962
TL;DR: In the classic bestseller, Capitalism and Freedom, Friedman presents his view of the proper role of competitive capitalism as both a device for achieving economic freedom and a necessary condition for political freedom as mentioned in this paper.
Abstract: In the classic bestseller, Capitalism and Freedom, Milton Friedman presents his view of the proper role of competitive capitalism--the organization of economic activity through private enterprise operating in a free market--as both a device for achieving economic freedom and a necessary condition for political freedom. Beginning with a discussion of principles of a liberal society, Friedman applies them to such constantly pressing problems as monetary policy, discrimination, education, income distribution, welfare, and poverty. "Milton Friedman is one of the nation's outstanding economists, distinguished for remarkable analytical powers and technical virtuosity. He is unfailingly enlightening, independent, courageous, penetrating, and above all, stimulating."-Henry Hazlitt, Newsweek "It is a rare professor who greatly alters the thinking of his professional colleagues. It's an even rarer one who helps transform the world. Friedman has done both."-Stephen Chapman, Chicago Tribune
7,026 citations