Managing the Commercial-Social Paradox With Different Forms of Organizing
Date
2021-11-09
Authors
Advisors
Journal Title
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Publisher
Routledge
Type
Book chapter
Peer reviewed
Yes
Abstract
As businesses recognize the importance of accommodating the expectations and needs of stakeholders, modern businesses in the twenty-first century have to balance business profits and social conscience. This chapter aims to introduce an impact-profit matrix that explains how the commercial-social paradox is managed by different organizations or social programs. Four different types of competing logics are presented: (i) limited social and low financial values; (ii) limited social and high financial values; (iii) high social and low financial values; and (iv) high social and high financial values. Moreover, different business examples are presented to illustrate how each of the competing logic type is operated.
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Citation
Chui, S.L.M. and Gali, N. (2021) Managing the Commercial-Social Paradox With Different Forms of Organizing. In: Marques, J (ed) Business With a Conscience, Taylor and Francis