Factors of Workplace Spirituality Enabling Environmental, Social and Governance (ESG) Goals in Business Organizations (77199)
Session Chair: Valendra Granitha Shandika Puri
Friday, 29 March 2024 09:50
Session: Session 1
Room: Room E (Live Stream)
Presentation Type: Live-Stream Presentation
Positive human behavior towards environment and society is the key to enable ESG (Environmental, Social and Governance) Goals in business organizations. Workplace Spirituality (WPS) can play a crucial role in engaging employees psychologically to transform their behavior towards ESG. Objective of the study is to examine key factors of Workplace Spirituality and its impact on ethical, sustainable and social behavior of employees.
Research methodology covers conducting a systematic literature review to identify gaps, contradictions and opportunities and develop a conceptual framework. It has been established through literature review that various isolated studies were conducted on WPS however strong need is identified to devise ‘a holistic conceptual model’, which is achieved through this systematic and structured study. The outcome of the study establishes a positive correlation of WPS with employee behavior in all respect i.e. Individual, organizational and leadership level. Conceptual model covers four independent variables i.e. organizational aspects, leadership style, Individual psychological capabilities (emotional and spiritual intelligence) and higher purpose.
Study outcome shall benefit management practitioners and companies by enriching understanding on factors of WPS in the business organizations and achieving ESG goals by transforming employee’s behavior. The study signifies that decisions and practices adopted by the management with spiritual values such as honor, morality, kindness, hope, love and nurturing will help to deal with corporate challenges more effectively. This study also contributes to the Maslow Theory on motivational behavior where self -transcendence based on spiritual values is considered as the ultimate level of motivation for human behavior at work.
Authors:
Sandeep Seth, Pfizer India Limited, India
Veena Jadhav, SP Jain School of Global Management, Singapore
Bhanu Ranjan, SP Jain School of Global Management, Singapore
About the Presenter(s)
Mr SANDEEP SETH is a University Doctoral Student at Pfizer India Limited in India
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