HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
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HYPERION ECONOMIC JOURNAL

December 2024
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Change Management for the Sustainable Development of Organizations

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Authors:
  • Mădălina TOCAN, PhD, Scientific Researcher III, Affiliation: Institute for World Economy, Romanian Academy, Faculty of Financial Management, Ecological University of Bucharest, Romania;
Pages:  54 : 59
Abstract:

Change is an inevitable and necessary component in today's business environment, marked by growing concerns about environmental impact and society's increasingly stringent requirements for corporate responsibility. For this reason, organizations committing to sustainable development can face complex and transformational changes with impacts on their management, customers and stakeholders. This paper intends to present the key concepts: change management and sustainable development, emphasizing their essential link. Change management is the process by which organizations plan, implement, and evaluate structural, technological, or behavioral changes, while sustainable development refers to the ability to meet current needs without compromising the ability of future generations to meet their own needs.

JEL classification: M10, M14, Q01

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M10, M14, Q01