Abstract
There is sufficient evidence that performance levels of various economic systems differ. All systems seem to have particular benefits, but all of them are adequately aligned with the dynamics and complexity of con-temporary societies. In this paper, the author introduces a sequence of ideal type economic systems, based on Spiral Dynamics, a theory explaining levels of existence within people, groups of people, organizations and societies. Per type the author elaborates on the underlying value systems and relating institutional structures, such as leadership style, governance and measurement format.
Highlights
Introduction of its Value SystemsThe first three levels of existence mankind experienced are characterized as Survival, Security and Energy & Power.Historically, loose tribes evolved to clans, seeking refuge in kinships, rituals, holy ancestors and mystical nature
The author introduces a sequence of ideal type economic systems, based on Spiral Dynamics, a theory explaining levels of existence within people, groups of people, organizations and societies
As the model is highly focused on the quality of management (Are they credible? Do they behave respectfully and fairly to employees?) And with data highly sensitive toward this factor, companies can become a great place to work® despite their economic environment. This is great news for managers who want to establish an employer of choice status, but it provides no clue in explaining the multi-levelled ness of European economies
Summary
Since the conclusion of the Lisbon European Council of 2000, one of the challenges for the European Union has been “to become the most competitive and dynamic knowledge-based economy in the world, capable of sustaining economic growth, with more and better jobs, and greater social cohesion”. Do they behave respectfully and fairly to employees?) And with data highly sensitive toward this factor, companies can become a great place to work® despite their economic environment This is great news for managers who want to establish an employer of choice status, but it provides no clue in explaining the multi-levelled ness of European economies. The majority of companies seems to be traditionally oriented at managing their (human) resources, i.e. seeking optimum returns on their investments while focusing on efficiency and cost control, while pioneering and leading organizations are practicing with emerging stakeholder oriented business concepts This situation pointed us to the following questions: What type of economy has supported the more traditional approach to economic growth? The last chapter discusses the consequences for international economic policy making
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