Promoting the Sustainability Revolution, the goal is to usher in a new age, with a new paradigm of values and practices.
But when traditional political allegiances are gone, as they now are for the Republicans who can see Trump for what he is, the paradigm of values no longer follows from those allegiance - and minds are unusually able to assess arguments and options based on core principles and human experiences without bias toward a political tribe or mediation by a felt political identity.
Thereby, the paradigm of value-based management implies that also long-term effects are considered in the valuation.
In accordance with the paradigm of value-based management, the consideration of costs, benefits and risks when deciding on an investment is necessary, plausible, and an accepted standard.
Yet, in business context this is especially challenging as the economic dimension is of particular importance in conformity with the paradigm of value-based management.
Considering the paradigm of value-based management in business context, economic effects of the transformation towards sustainability have to be regarded.
It is thus the question how sustainability actions should be implemented in accordance with the paradigm of value-based management, i.e., considering economic effects.
Our approach thereby represents a first step to align decisions regarding the transformation towards sustainability with the paradigm of value-based management, taking into account the ambiguous role of the economic dimension in business context.
On the one hand, it is one of the three sustainability dimensions, but at the same time in conformity with the paradigm of value-based management emerges as an additional organizational incentive when engaging in sustainability transformation.
Furthermore, we propose a decision model to determine how sustainability actions should be implemented in accordance with the paradigm of value-based management, i.e., considering their economic effects.
Second, our approach provides organizations with decision-support as it, besides structuring their field of action, aligns decisions regarding the transformation towards sustainability with the paradigm of value-based management, taking into account the ambiguous role of the economic dimension in business context.
