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WHDL - 00016685
The partner organization in this study sought to measure a virtuous approach for how it operates and conducts its business activities. The purpose of this study was to use the Virtuous Business Model as a framework to explore potential solutions to measure the values of the Virtuous Organization. Key research included a literature exploration of the definitions of virtue, defining each of the values of a Virtuous Organization, and existing heuristics on measuring the Virtuous Organization values. A qualitative online survey of Virtuous Business Model stakeholders yielded a complete definition of the Virtuous Organization’s values, ways to measure the values, and exemplars of the values of a Virtuous Organization. The outcome was the development of a novel Virtuous Organization scorecard based on the Virtuous Business Model framework. The Virtuous Organization Scorecard provides the partner organization with a measurement tool to assess its virtuous business efforts and a starting point for future research on the Virtuous Business Model.