Organizations need innovation to be competitive and sustainable on their marketplace. Sustainable performance is an important precondition for growth and development. In spite of a body of literature, non-financial factors of sustainable performance remain an open issue. Coaching has gained considerable attention in the business world for its impact on sustainable performance. The current research investigates the use of coaching interaction to facilitate organizational sustainable growth and development in the context of Miller and Friesen’s five stage life-cycle model. The expert opinion survey is chosen as a central method of research. The questionnaire is developed on the literature review that is focused on the drivers for sustainable development throughout the life cycle, and the features of coaching that accelerate these driving forces. Fifteen experts took part in the survey conducted from November 2017 to January 2018. The results are estimated by considering the competence coefficient for each expert. The findings led to creation of an open innovation model, which displays relationships between the appropriate coaching forms and types and the organizational life cycle stages. The developed model enables choosing the optimal way of coaching delivery at any life cycle stage. This model is particularly valuable for the coaching support programs.
The purpose of the research was to study the relationship between the elements of a company’s ethical responsibility and the outcomes of the digital transformation of work, considering the dynamic processes of open innovation. Based on the results obtained, the paper proposes a conceptual model to address the following research questions. How does the ethical responsibility of a company impact the digital transformation of work? How does the digitalization of work relate to the ethical responsibility of a company? How does open innovation advance the ethical responsibility of a company? The research follows the logic of the elaboration of a conceptual model. The theoretical novelty of the article is expressed in the fact that 25 criteria, through which the relationships between the studied concepts are manifested, were identified and systematized. To assess the significance of the criteria, a survey of experts was developed and conducted to obtain a diverse opinion. Kendall’s coefficient of concordance (W) and Pearson’s chi-squared were used to measure the level of agreement of the experts’ evaluation. A conceptual model established the relationship pathways as well as inbound and outbound flows, and highlighted the key findings of the research. Namely, the guiding role of open innovation as the external circumstances for corporate ethical responsibility, and the necessity to apply all elements of ethical responsibility to ensure the viable digital transformation of work.
The aim of the present study is to provide an analysis of the literature about methods for assessing the impact of coaching on the performance of a company, and elaborate a framework of assessment methods emphasizing their use in the course of coaching interaction. The paper also explores the relationship between open innovation and coaching and proposes the themes for further research. The Scopus and Web of Science databases were selected for the review of the research papers in the business subject area. The review was guided by the following research questions: What methods are used for assessing the impact of coaching? How are these methods used in the course of the coaching interaction? How does coaching interrelate with open innovation? The findings suggest that the assessment of the impact of coaching on the individual’s behavior and performance of a company is considered from different perspectives. The methods differ based on the needs for the assessment whether the process evaluation or the outcome evaluation is required. The analysis of the literature proves that the relationship between coaching and open innovation is mutually advantageous.
31 December 2021 in Trends Economics and Management
Purpose of the article: The article aims to explore the role of ethics within the context of digital technologies to provide additional insight into the phenomenon of digital transformation, and thus to contribute to a better understanding of the opportunities and challenges that companies encounter in a rapidly changing business environment. Specifically, the paper determines the role of ethics discussed in the most recent scientific literature in the context of digital transformation.Methodology/methods: An explorative approach to the analysis of scientific literature was adopted to answer the research question: What is known from the available scientific literature about the role of business ethics in the digital transformation of a company? The Scopus and ScienceDirect scientific databases were used for the literature search. The selected articles were assessed, grouped around the topics and analysed.Scientific aim: To investigate the challenges in the business ethics related to an increased impact of digital transformation on the company’s performance.Findings: 1) Business ethics ensures that digital technologies and the company’s decisions based on the information provided by these technologies are in line with the ethical considerations. 2) There is a demand for the increased organisational accountability for data management to ensure legal and ethical implications of data ownership. 3) Ethical decisions promote a long-run sustainable development of a company. 4) Ethical decision-making allows digitalisation solutions to be applied in accordance with the values and principles of employees.Conclusions: Ethical considerations provide deeper understanding of the impact of digital transformation at a higher level and in its long-term perspective. Limitations: the literature search was conducted in two scientific databases. Implications: the findings of this study form the basis for further research to investigate the interdependence between ethical responsibility of a company and technological advances towards achieving sustainable development.
31 March 2018 in Entrepreneurship and Sustainability Issues
The current global economic situation created by the COVID-19 pandemic and the consequent economic slowdown has considerably changed the working conditions of a relatively large group of employees, thereby reducing their protection against financial and health obstacles. In this context, the need to ensure sustainable development and secure dignified work is increasing dramatically. The concept of decent work, which was initiated by the International Labour Organization (ILO), and which is one of the components of the UN Sustainable Development Goals, comprises not only the availability of jobs and total employment, but primarily highlights the quality of employment focusing on meaningful work with a decent income, and providing employees and their families with reliable social protection. There is sufficient evidence that corporate social responsibility (CSR) is a key tool for obtaining sustainability and achieving the balance between sustained development at present and the protection of resources for the future. However, not much is known regarding the extent to which CSR activities foster the promotion of decent work. The chapter analyses and discusses how corporate social responsibility labour-related initiatives contribute to creating a dignified and decent working environment. Corporate social responsibility reports, sustainability reports, and annual reports published by companies in Latvia constitute the information and research basis. First, a literature review is carried out to determine the factors of decent work. Then the content analysis is applied to systematically review the corporate social responsibility reports, sustainability reports, and annual reports covering the period from 2020 to 2022 to extract the CSR activities related to labour practices. As a result, the research identifies which aspects of decent work reflected in the analysed reports are a permanent concern of the companies and which factors are not sufficiently addressed. The research results serve as the foundation for recommendations for strengthening the progress of companies' in achieving sustainable development goals.