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Description / Abstract
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.
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Keywordseconomic capital, scorecard, social capital, spiritual capital, measuring virtue, Virtuous Business Model, virtuous organization, virtuous organization scorecard
Degree AwardedDoctor of Business Administration (DBA)
Awarding InstitutionIndiana Wesleyan University
Supervisor or ChairDr. Ronald Iden
Peer Reviewed?Yes
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