From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040

This article explores how top executives from two electric utility multinationals visualize systemic change and adaptation of their ethical cultures in the future. Allaire and Firsirotu’s framework for organizational culture was incorporated with scenario planning which focused on the influence that...

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Autores principales:	Rodrigo W. Dal Borgo, Pedro M. Sasia
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	organizational ethical culture business ethics scenario planning systems thinking pragmatism purpose over profit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/493fe778ef4c40a6ba7846a9d18d5a19
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spelling	oai:doaj.org-article:493fe778ef4c40a6ba7846a9d18d5a192021-11-11T19:42:04ZFrom Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 204010.3390/su1321120452071-1050https://doaj.org/article/493fe778ef4c40a6ba7846a9d18d5a192021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12045https://doaj.org/toc/2071-1050This article explores how top executives from two electric utility multinationals visualize systemic change and adaptation of their ethical cultures in the future. Allaire and Firsirotu’s framework for organizational culture was incorporated with scenario planning which focused on the influence that the contextual environment exerts on building an organizational ethical culture. The study relied on a holistic and a systems thinking approach to cluster and evaluate six key themes perceived to lead to disruptions in ethical culture. Consequently arriving at the aim to conceive four possible scenarios for 2040 on the future of organizational dynamics and ethical culture in the private electric utility sector. The attributions of relevance for organizational ethical culture and the interrelationships among six key themes demonstrated the greater significance of two themes: From profit to purpose and Environment and Sustainability. As the main driving forces, these two themes guided the development of the scenarios and provided further insights into the flow of power relations, agency, and leverage points for an organizational ethical system.Rodrigo W. Dal BorgoPedro M. SasiaMDPI AGarticleorganizational ethical culturebusiness ethicsscenario planningsystems thinkingpragmatismpurpose over profitEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12045, p 12045 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	organizational ethical culture business ethics scenario planning systems thinking pragmatism purpose over profit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	organizational ethical culture business ethics scenario planning systems thinking pragmatism purpose over profit Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Rodrigo W. Dal Borgo Pedro M. Sasia From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
description	This article explores how top executives from two electric utility multinationals visualize systemic change and adaptation of their ethical cultures in the future. Allaire and Firsirotu’s framework for organizational culture was incorporated with scenario planning which focused on the influence that the contextual environment exerts on building an organizational ethical culture. The study relied on a holistic and a systems thinking approach to cluster and evaluate six key themes perceived to lead to disruptions in ethical culture. Consequently arriving at the aim to conceive four possible scenarios for 2040 on the future of organizational dynamics and ethical culture in the private electric utility sector. The attributions of relevance for organizational ethical culture and the interrelationships among six key themes demonstrated the greater significance of two themes: From profit to purpose and Environment and Sustainability. As the main driving forces, these two themes guided the development of the scenarios and provided further insights into the flow of power relations, agency, and leverage points for an organizational ethical system.
format	article
author	Rodrigo W. Dal Borgo Pedro M. Sasia
author_facet	Rodrigo W. Dal Borgo Pedro M. Sasia
author_sort	Rodrigo W. Dal Borgo
title	From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
title_short	From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
title_full	From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
title_fullStr	From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
title_full_unstemmed	From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040
title_sort	from profit to purpose: how electric utility multinationals visualize systemic change and adaptation of organizational ethical culture through scenarios for 2040
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/493fe778ef4c40a6ba7846a9d18d5a19
work_keys_str_mv	AT rodrigowdalborgo fromprofittopurposehowelectricutilitymultinationalsvisualizesystemicchangeandadaptationoforganizationalethicalculturethroughscenariosfor2040 AT pedromsasia fromprofittopurposehowelectricutilitymultinationalsvisualizesystemicchangeandadaptationoforganizationalethicalculturethroughscenariosfor2040
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From Profit to Purpose: How Electric Utility Multinationals Visualize Systemic Change and Adaptation of Organizational Ethical Culture through Scenarios for 2040

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