Top

Published in:

2021 | OriginalPaper | Chapter

7. Role of CEO’s Moral Compass as the Organization’s Fourth Dimension (4-D) in the Era of Digital Transformation

Authors : Young Won Park, Ye Jin Park

Published in: Corporate Social Responsibility and Entrepreneurship for Sustainability

Publisher: Springer Singapore

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

We propose a novel construct called the fourth dimensional (4-D) organization, referring to firms with a 4th dimension that serves as the moral compass providing strategic direction. We show the value of the fourth dimension that links the firm’s performance to societal flourishing. We apply the theory using an in-depth case study of a nepes, a Korean enterprise, to show that effective implementation of the 4-D organization increases employees’ locus of control and helps them to utilize their creative and innovative capabilities.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

previous chapter Cluster-Level Legitimacy and Strategic Tie Formation of Ventures

next chapter Looking Ahead: The Future of CSR Strategy

Anthony, Scott D., Eyring, Matt., and Gibson, Lib (2006). Mapping your innovation strategy. Harvard Business Review. Vol. 84 No. 5, pp. 104–113.

Berger, P. L. and Luckmann, T. (1966). The Social Construction of Reality: A Treatise in the Sociology of Knowledge, Garden City, NY: Anchor Books.

Bernstein, E, Bunch, J, Canner, N. and Lee, M. (2016). Beyond the Holacrary Hype. Harvard Business Review. Vol. 94 No. 7/8, pp. 38–49.

Bernstein, E. and Bunch, J. (2016) The Zappos Holacracy Experiment, Harvard Business Review, July 28, 2016. (https://hbr.org/ideacast/2016/07/the-zappos-holacracy-experiment.html).

Brennecke, J. (2020). Dissonant ties in intraorganizational networks: Why individuals seek problem-solving assistance from difficult colleagues. Academy of Management Journal, 63(3), 743–778.

Burns, T. and G. M. Stalker (1961), The Management of Innovation, Tavistock.

Casciaro, T., Gino, F., & Kouchaki, M. (2014). The contaminating effects of building instrumental ties: How networking can make us feel dirty. Administrative Science Quarterly, 59(4), 705–735.

Cecere, Grazia., Corrocher, Nicoletta., Gossart, Cédric., and Ozman, Muge (2014). Technological pervasiveness and variety of innovators in Green ICT: A patent-based analysis. Research Policy. Vol. 43 No. 10, pp.1827–1839.

Charmondusit, Kitikorn., Gheewala, Shabbir H., and Mungcharoen, Thumrongrut (2016). Green and sustainable innovation for cleaner production in the Asia-Pacific Region. Journal of Cleaner Production. Vol. 134, pp. 443–446.

Chin, S. T. S., Raman, K., Yeow, J. A., and Eze, U. C. (2012). Relationship between emotional intelligence and spiritual intelligence in nurturing creativity and innovation among successful entrepreneurs: A conceptual framework. Social and Behavioral Sciences, Vol. 57 No. 0, pp. 261–267.

Ciampa, Dan. (2005). Almost ready: How leaders move up. Harvard Business Review. Vol. 83 No. 1, pp. 46–53.

Davis, Ernest and Marcus, Gary (2015). Commonsense Reasoning and Commonsense Knowledge in Artificial Intelligence. Communications of the ACM. Vol. 58 No. 9, pp. 92–103

Dean, K. L., Fornaciari, C. J., & McGee, J. J. (2003). Research in spirituality, religion, and work. Journal of organizational change management. Vol. 16 No. 4, pp. 378–395.

Drucker, P. F. (2005). Managing oneself. Harvard business review, 83(1), 100–109.

Elsbach, Kimberly D., Brown-Saracino, Brooke; Flynn, Francis J. (2015). Collaborating with creative peers. Harvard Business Review. Vol. 93 No. 10, pp.118–121.

Gioia, D. A., Thomas, J. B., Clark, S. M., & Chittipeddi, K. (1994). Symbolism and strategic change in academia: The dynamics of sensemaking and influence. Organization science, 5(3), 363–383.

Hoffman, Reid (2016). Using Artificial Intelligence to Set Information Free, MIT Sloan Management Review. Vol. 58 No. 1, pp. 1–5.

Hong, P. and Park. Y. (2014). Building Network Capabilities: Business Success Stories from the BRICS. CRC: Taylor Francis Company. Boca Raton, FL.

Ibarra, Herminia and Lineback, Kent. (2005). What’s your story? Harvard Business Review. Vol. 83 No. 1, pp. 64–71.

Iñigo, Edurne A., and Albareda, Laura (2016). Understanding sustainable innovation as a compelx adaptive system; A systematic approach to the firm. Journal of Cleaner Production. Vol. 126, pp. 1–20.

Ivanov, Dmitry., Dolgui, Alexandre., Sokolov, Boris., Werner, Frank., and Ivanova, Marina (2016). A dynamic model and an algorithm for short-term supply chain scheduling in the smart factory industry 4.0. International Journal of Production Research. Vol. 54 No. 2, pp. 386–402.

Kaplan, S. (2008). Framing contests: Strategy making under uncertainty. Organization Science, 19(5), 729–752.

King, J. E., & Williamson, I. O. (2005). Workplace religious expression, religiosity and job satisfaction: Clarifying a relationship. Journal of management, spirituality & religion. Vol. 2, No. 2, pp. 173–198.

Laloux, F. (2014). Reinventing Organizations: A Guide to Creating Organizations Inspired by the Next Stage of Human Consciousness. Nelson Parker.February 9.

Lazarus, R. S. (1993). From psychological stress to the emotions: A history of changing outlooks. Annual review of psychology, 44(1), 1–22.

Luthans, F., Avolio, B. J., Avey, J. B., & Norman, S. M. (2007). Positive psychological capital: Measurement and relationship with performance and satisfaction. Personnel psychology. Vol. 60 No. 3, pp. 541–572.

Marquis, C. (2003). The pressure of the past: Network imprinting in intercorporate communities. Administrative Science Quarterly, 48(4), 655–689.

Marquis, C., & Tilcsik, A. (2013). Imprinting: Toward a multilevel theory. Academy of Management Annals, 7(1), 195–245.

Miles, R. E., Snow, C. C., Meyer, A. D., & Coleman Jr, H. J. (1978). Organizational strategy, structure, and process. Academy of management review. Vol. 3 No. 3, pp. 546–562.

Mirvis, P. H. (1997). Crossroads—“soul work” in organizations. Organization Science, Vol. 8 No. 2, pp. 192–206.

Narula, Rajneesh., and Santangelo, Grazia D. (2009). Location, collocation and R & D alliances in the European ICT industry. Research Policy. Vol. 38 No. 2, pp. 393–403.

Nidumolu, Ram., Ellison, Jib; Whalen, John; Billman, Erin. (2014). The collaboration imperative. Harvard Business Review, Vol. 92 No. 4, pp. 76–84.

Nill, Jan., and Kemp, René. (2009). Evolutionary approaches for sustainable innovation policies; From niche to paradigm. Research Policy. Vol. 38 No. 4, pp. 668–680.

Pascarella, P. (1996). Spirituality in business: The bitter, the sweet, the imperative. In Renesch, J. & DeFoore, B. (Eds.), The new bottom line: Bringing heart & soul to business. San Francisco: New Leaders Press.

Peters, Ruanne K., and Benson, Herbert. (1978). Time out from tension. Harvard Business Review. Vol. 56 No. 1, pp. 120–124.

Porter, Michael E., Heppelmann, James E. (2015). How smart, connected products are transforming companies. Harvard Business Review. Vol. 93 No. 10, pp. 96–114.

Richman, D. (1992). Working together: belief systems of individuals and organizations. Journal of Cognitive Psychotherapy. Vol. 6 No. 4, pp. 231–244.

Robertson, B. J. (2015). Holacracy: The new management system for a rapidly changing world. Henry Holt and Company.

Sanders III, J. E., Hopkins, W. E., & Geroy, G. D. (2005). A causal assessment of the spirituality-leadership-commitment relationship. Journal of Management, Spirituality & Religion. Vol. 2 No. 1, pp. 39–66.

Schwartz, Tony. (2007). Manage your energy, not your time. Harvard Business Review. Vol. 85 No. 10, pp. 63–73.

Stinchcombe, A. L.(1965). Social Structure and Organizations, In Handbook of Organizations, edited by James G March, pp. 142–193. Chicago, IL: Rand McNally.

Tischler, L., Biberman, J., & Altman, Y. (2007). A model for researching about spirituality in organizations. Business renaissance quarterly. Vol 2, No. 2, pp. 23–39.

Tugade, M. M., & Fredrickson, B. L. (2004). Resilient individuals use positive emotions to bounce back from negative emotional experiences. Journal of personality and social psychology, 86(2), 320.

Venturini, Francesco. (2015). The modern drivers of productivity. Research Policy. Vol. 44 No. 2, pp. 357–369.

Vilnai-Yavetz, I. & Rafaeli, A. (2003). Organizational interactions: A basic skeleton with spiritual tissue. In Giacalone, R. A. & Jurkiewicz, C. L. (Eds.), Handbook of workplace spirituality and organizational performance. Armonk, NY, M.E. Sharpe.

Vogel-Heuser, Birgit and Hess, Dieter (2016).Guest Editorial Industry 4.0–Prerequisites and Visions. IEEE Transactions on Automation Science & Engineering. Vol. 13 No. 2, pp. 411–41.

Weick, K. E. (1995). Sensemaking in organizations (Vol. 3). Sage.

Title: Role of CEO’s Moral Compass as the Organization’s Fourth Dimension (4-D) in the Era of Digital Transformation
Authors: Young Won Park
Ye Jin Park
Publisher: Springer Singapore
Book: Corporate Social Responsibility and Entrepreneurship for Sustainability
Print ISBN: 978-981-16-3459-8

Electronic ISBN: 978-981-16-3460-4

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-981-16-3460-4_7