Managing the Commercial-Social Paradox With Different Forms of Organizing

Date

2021-11-09

Advisors

Journal Title

Journal ISSN

ISSN

Volume Title

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.

Description

Keywords

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

Rights

Research Institute