Encyclopedia of Corporate Social Responsibility

2013 Edition
| Editors: Samuel O. Idowu, Nicholas Capaldi, Liangrong Zu, Ananda Das Gupta

An Aristotelian Approach to Sustainable Management

Reference work entry
DOI: https://doi.org/10.1007/978-3-642-28036-8_657
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Synonyms

 Ethics;  Happiness;  Ideal;  Management;  Responsibility;  Servant leadership;  Virtue

Definition

Nowadays, the modern business ethics creates new barriers for the organizations and the whole society. Therefore, the Aristotle thinking offers solutions for the transformation of ethical barriers in competitive advantages for the organizations and sustainable management has the role to lead to important benefits to stakeholders and to prevent serious harm to them, society and environment.

Sustainable management is a complex process of decision making related to practices of a business involved in maintaining and improving the quality of life of the community, society, and planet in order to ensure the well-being for the present and for the future generations. In Aristotle’s view Sustainable Management represents a framework of skills (technē) and methods (methodos) according to which the manager makes the best decisions (proairesis) and acts ethically (praxis) in order to reach...

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References and Readings

  1. Aristotle. (2002). Nicomachean ethics. Oxford: Oxford University Press.Google Scholar
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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.University of CraiovaCraiovaRomania