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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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
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Abstract 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.
AbstractList 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.
Author Shoss, Mindy
Foster, Lori
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  fullname: Foster, Lori
  organization: 3Department of Psychology, North Carolina State University, Raleigh, NC, USA
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Snippet Bringing it up a(nother) level Economists have historically viewed growth in terms of maximizing worker and business productivity (The World Bank, 2012). More...
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SubjectTerms 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
Title We should also aim higher: I-O psychology applied to sustainable growth and development
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