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2022 | Economics of Sustainability | 450--479
Tytuł artykułu

Governance and Management for a Sustainable Economy

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Sustainability includes not only ecological concerns and the natural environment, but also economic and social concerns. If companies want to be successful over a long time, they must consider the interests and expectations of different groups of stakeholders affected by the company's operations. In the past decade, the need for sustainable functioning of the companies became so strong that even EU and national legislatives changed (and is still changing) in order to foster such functioning of the companies. Therefore, companies should consider sustainability issues in their decisions on strategies and strategic allocation of resources, even more, companies should consider their sustainable functioning as the (only) key precondition of their long run existence and success. The MER Model of integral management is applied to deepen our understanding of strategic management's role in a sustainable economy. The MER Model distinguishes among process, instrumental, and institutional dimensions of strategic management. Further, the presented Subchapter is dealing with the term sustainable IT or the more usually used term green IT, which describes the production, management, use, and disposal of IT to reduce damage to the environment. It is positioned within the interwoven whole of environmental, social, and economic aspects of corporate sustainability. Today, IT has an impact on all areas of companies. Therefore, the industry must provide sustainable products and services. Companies are recently moving their business to data centers because of their advantages, contributing to the overall carbon footprint. With the rise of data centers, new technologies such as artificial intelligence (AI), internet of things (IoT), and robotics become essential for green IT. (original abstract)
Twórcy
autor
  • University of Maribor, Slovenia
  • University of Maribor, Slovenia
autor
  • University of Maribor, Slovenia
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171649960

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