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Business planning for unintended consequences - good intentions are not enough

Unintended consequences are at the heart of a dilemma for firms acting on corporate sustainability. On the one hand, corporate sustainability encourages businesses to take bold, timely and ethical action to address society's grand challenges. On the other, due to the complexity and unpredictability of our world, action brings with it a higher risk of unintended consequences. This paper makes the case that unintended consequences are real and an important consideration for businesses taking action to improve their sustainability in complex environments. This paper develops a framework which positions unintended consequences among other business concepts. Further, I demonstrate fear of unintended consequences is a challenge that can further hinder corporate action on sustainability. However, developing tools and processes to detect unintended consequences, learn from them and respond innovatively provides an opportunity for businesses to better manage in uncertain and complex environments. This paper demonstrates why, in a complex world, a strategy for unintended consequences is needed to empower action on corporate sustainability strategy.
- Universität Hamburg Germany
Public relations, Economics, Corporate action, Unintended consequences, Dilemma, Sustainability, Sustainable development, Grand Challenges, Contingency plan, Environmental resource management, Corporate sustainability
Public relations, Economics, Corporate action, Unintended consequences, Dilemma, Sustainability, Sustainable development, Grand Challenges, Contingency plan, Environmental resource management, Corporate sustainability
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).0 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Average influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
