Reframing Business Sustainability Decision-Making with Value-Focussed Thinking

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

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Reframing Business Sustainability Decision-Making with Value-Focussed Thinking. / Benkert, Julia.
in: Journal of Business Ethics, Jahrgang 174, Nr. 2, 11.2021, S. 441-456.

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

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@article{c72f5e625fce42fc8de62de5c9d0db50,
title = "Reframing Business Sustainability Decision-Making with Value-Focussed Thinking",
abstract = "Per definition business sustainability demands the integration of environmental, social, and economic outcomes. Yet, managerial decision-making involving sustainability objectives is fraught with tension and the way managerial decision-makers frame sustainability issues in their mindset influences how sustainability tensions are managed at the organisational level. In the bid to better understand what types of managerial mindsets, or cognitive frames, foster integrative business sustainability practices that simultaneously advance environmental, social, and economic objectives, extant research has focussed on the underlying logics that drive the acknowledgement of sustainability tensions. However, the existing logics-based constructs do not sufficiently explain this link, and it has been suggested that managers perceive and manage sustainability tensions based on the values that they hold. To clarify the roles of managerial values and logics as antecedents in business sustainability decision-making, we integrate Keeney{\textquoteright}s value-focussed thinking approach with managerial and organisational cognition perspectives. Drawing on data from a survey with 169 senior procurement managers in Australia we found three types of cognitive frames which demonstrate that stronger sustainability values are associated with a more holistic perception of sustainability tensions and vice versa. We also found that managers{\textquoteright} cognitive framing of sustainability is strengthened by more holistic organisational cognitive frames and discuss according implications for managerial decision-making in theory and practice.",
keywords = "Business sustainability, Cognitive frames, Decision-making, Holistic thinking, Value-focussed thinking, Management studies",
author = "Julia Benkert",
note = "Publisher Copyright: {\textcopyright} 2020, Springer Nature B.V.",
year = "2021",
month = nov,
doi = "10.1007/s10551-020-04611-4",
language = "English",
volume = "174",
pages = "441--456",
journal = "Journal of Business Ethics",
issn = "0167-4544",
publisher = "Springer Netherlands",
number = "2",

}

RIS

TY - JOUR

T1 - Reframing Business Sustainability Decision-Making with Value-Focussed Thinking

AU - Benkert, Julia

N1 - Publisher Copyright: © 2020, Springer Nature B.V.

PY - 2021/11

Y1 - 2021/11

N2 - Per definition business sustainability demands the integration of environmental, social, and economic outcomes. Yet, managerial decision-making involving sustainability objectives is fraught with tension and the way managerial decision-makers frame sustainability issues in their mindset influences how sustainability tensions are managed at the organisational level. In the bid to better understand what types of managerial mindsets, or cognitive frames, foster integrative business sustainability practices that simultaneously advance environmental, social, and economic objectives, extant research has focussed on the underlying logics that drive the acknowledgement of sustainability tensions. However, the existing logics-based constructs do not sufficiently explain this link, and it has been suggested that managers perceive and manage sustainability tensions based on the values that they hold. To clarify the roles of managerial values and logics as antecedents in business sustainability decision-making, we integrate Keeney’s value-focussed thinking approach with managerial and organisational cognition perspectives. Drawing on data from a survey with 169 senior procurement managers in Australia we found three types of cognitive frames which demonstrate that stronger sustainability values are associated with a more holistic perception of sustainability tensions and vice versa. We also found that managers’ cognitive framing of sustainability is strengthened by more holistic organisational cognitive frames and discuss according implications for managerial decision-making in theory and practice.

AB - Per definition business sustainability demands the integration of environmental, social, and economic outcomes. Yet, managerial decision-making involving sustainability objectives is fraught with tension and the way managerial decision-makers frame sustainability issues in their mindset influences how sustainability tensions are managed at the organisational level. In the bid to better understand what types of managerial mindsets, or cognitive frames, foster integrative business sustainability practices that simultaneously advance environmental, social, and economic objectives, extant research has focussed on the underlying logics that drive the acknowledgement of sustainability tensions. However, the existing logics-based constructs do not sufficiently explain this link, and it has been suggested that managers perceive and manage sustainability tensions based on the values that they hold. To clarify the roles of managerial values and logics as antecedents in business sustainability decision-making, we integrate Keeney’s value-focussed thinking approach with managerial and organisational cognition perspectives. Drawing on data from a survey with 169 senior procurement managers in Australia we found three types of cognitive frames which demonstrate that stronger sustainability values are associated with a more holistic perception of sustainability tensions and vice versa. We also found that managers’ cognitive framing of sustainability is strengthened by more holistic organisational cognitive frames and discuss according implications for managerial decision-making in theory and practice.

KW - Business sustainability

KW - Cognitive frames

KW - Decision-making

KW - Holistic thinking

KW - Value-focussed thinking

KW - Management studies

UR - http://www.scopus.com/inward/record.url?scp=85090953048&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/8f1e9b45-12e7-3d7f-95e6-e16dbde0664c/

U2 - 10.1007/s10551-020-04611-4

DO - 10.1007/s10551-020-04611-4

M3 - Journal articles

VL - 174

SP - 441

EP - 456

JO - Journal of Business Ethics

JF - Journal of Business Ethics

SN - 0167-4544

IS - 2

ER -

DOI

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