The dynamics and challenges of tetranormalization
The crisis has shed light on the growing disruption of economic and social activity. In order to restore stability and prosperity, citizens, consumers, workers, entrepreneurs, and institutional leaders must stress their need for new rules. Standards and norms are certainly rules, but they nonetheless have a hidden face-they are sources of counterproductive effects such as barriers to entry in the global competitive game, whether public and private, of interference practices inside organizations and territories, even of espionage.
The tetranormalization theory brings to light these difficulties and proposes innovative solutions and tools to support strategic and operational decisions within companies and public institution, which are adequate to meet the challenges of the turbulent and distressing economic and social environment. This concept refers to four major areas of standards and norms corresponding to the often conflicting major issues: trade (e.g., WTO), accounting and financial security (IASB, IFRS), social conditions at work (ILO), and quality, safety and environment (ISO).
This book, illustrated with numerous examples, offers two new theoretical frameworks from the perspective of a “tamed” global dynamics, the theory of stock-in-trade of standards and norms; and sustainable social responsibility for businesses and private and public organizations. As part of the proposed socially responsible capitalism, the socioeconomic approach to management (SEAM) of organizations and territories provides solutions to integrate adequate standards and norms in a better way through a more active commitment of people within organizations. New practices are emerging, bases on performance contractualization, equitable incentive compensation, and public-private hybrid cooperation.
This book targets managers of business organizations and institutions, as well as experts and consultants, teachers, researchers, and students from all disciplines. Political leaders and citizens anxious to understand the current trends of our time toward globalization will also find ample food for thought