We should also aim higher: I-O psychology applied to sustainable growth and development

Bringing it up a(nother) level Economists have historically viewed growth in terms of maximizing worker and business productivity (The World Bank, 2012). More recent notions recognize that economic growth that burns out people or the planet in the process cannot be sustained over time. [...]boundles...

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Bibliographic Details
Published inIndustrial and organizational psychology Vol. 15; no. 3; pp. 436 - 440
Main Authors Shoss, Mindy, Foster, Lori
Format Journal Article
LanguageEnglish
Published New York, USA Cambridge University Press 01.09.2022
Subjects
Commentaries
Economic conditions
Economic growth
Employment
Entrepreneurship
Gender equity
Great Recession
Nonprofit organizations
Productivity
Profitability
Profits
Psychologists
Psychology
Quality of education
Skills
Sustainable development
Workforce
United States > US
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Summary:Bringing it up a(nother) level Economists have historically viewed growth in terms of maximizing worker and business productivity (The World Bank, 2012). More recent notions recognize that economic growth that burns out people or the planet in the process cannot be sustained over time. [...]boundless growth can have harmful effects that impede human and environmental thriving (Raworth, 2017). Examples include an emphasis on decent work and economic growth (SDG #8), peace, justice, and strong institutions (SDG #16), and partnerships (SDG #17), including public–private partnerships. Areport from Irrational Capital (2021) found that an index of firms developed from aggregated employee well-being data outperforms the NASDAQ, suggesting that the entire economy could benefit (at least by stock market standards) if more companies treated workers well.
ISSN:1754-9426
1754-9434
DOI:10.1017/iop.2022.47