The economics of values, ideals and organizations / Luigino Bruni.
"'Values-based organizations' are institutions, communities and NGOs which are inspired by a mission or a vocation - for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short...
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| Online Access: |
Full Text (via Taylor & Francis) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Abingdon, Oxon ; New York, NY :
Routledge,
2021.
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| Series: | Economics and humanities.
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| Subjects: |
| Summary: | "'Values-based organizations' are institutions, communities and NGOs which are inspired by a mission or a vocation - for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization have perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. 'Narrative capital' is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps - the surpluses and misalignments - between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations - economists, sociologist, business scholars, theologians, and philosophers"-- |
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| Item Description: | "Routledge Focus" -- front cover. |
| Physical Description: | 1 online resource (102 pages) |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9781000393552 1000393550 9780367762629 0367762625 9781000393606 1000393607 |
| Source of Description, Etc. Note: | Description based on online resource; title from digital title page (viewed on April 14, 2021) |
| Biographical or Historical Data: | Luigino Bruni is Full Professor in Political Economy, Department of Law, Economics, Politics and Modern languages, University LUMSA, Rome, Italy. |