EIRP Proceedings (May 2019)
Dimensions of the New Performance Standard in the Context of Digital Economy
Abstract
The entity perspective to achieve and maintain sustainability performance imposes and forces the entity's leadership to synchronize managerial decisions with financial-accounting statements as well as industry predictability reports. This is about increasing the global level of an individual to increasing competitiveness by integrating sustainable innovation and defining by each economic entity what practitioners call the 2030 Purpose. The aim of the present study is to explore new approaches to performance emerging at the strategic level resulting from the interrelation of the economic plan with the managerial plan required to occur at the most profound level: core of the business. The results of this study show the need of framework to integrate an entity's sustainability and economic and financial analysis into strategy, governance and risk assessment, performance management and organizational culture.
