University of Twente Student Theses
Managing paradoxes in difficult times: Risk and opportunity for ESG
Roolvink, G.J. (2024) Managing paradoxes in difficult times: Risk and opportunity for ESG.
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| Abstract: | The aim is to analyse the issue of how the organisation can keep ESG on the agenda within a context when an organisation is facing multiple challenges, resulting in a focus on short-term commercial objectives. In parallel, ESG objectives are important for the company causing a conflict when the latter does not benefit the short-term objectives. The objective of this study is to explore how ESG objectives can be achieved while the short-term, commercial, objectives needs to be achieved as well. This will help the organisation to increase awareness on how to balance multiple objectives. As a result, the study provides an approach on how to deal with the dilemma of conflicting objectives. The research is a cross-sectional and ex post facto study. The Dynamic Equilibrium Model was used as main model in this thesis. Based a qualitative research with 17 semi-structured interviews it was explored how an organisation can achieve its ESG objectives whilst the short-term commercial objectives need to be achieved as well. Recorded audio fragments were transcribed and subsequently coded for analysis purposes. The results show the importance of ESG for the organisation and a potential conflict between the short-term objectives and the long-term objectives. This conflict holds opportunities for the workforce as employees find it of increasing importance, but can bring risks as it can increase the workload. An approach is proposed to use an integrated approach by using a Roadmap to bring clarity and communicate the organisations strategy and commitments. Future research might have more focus on motivational factors, how the Dynamic Equilibrium Model take unpredictable events into account or how the model relates to Risk Leadership and/or -Management. Limitations are discussed such as the limitation of the dynamic and rapid evolutions regarding the subject of ESG in- and outside of the organisation and the difficulty of gaining conceptual clarity while applying the model in practice. Ultimately, the managerial and academic contribution is discussed as this thesis extents academic literature addressing paradox management related to corporate sustainability in the Defence Sector in the Netherlands and a proposed approach based on a variety of perspectives from the organisation including an outside perspective on an approach of other high-tech organisations. |
| Item Type: | Essay (Master) |
| Clients: | Thales, Hengelo, Netherlands |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Programme: | Risicomanagement MSc (75083) |
| Link to this item: | https://purl.utwente.nl/essays/98715 |
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