Controlling of the circular economy
Loading...
Author (Corporation)
Publication date
2024
Typ of student thesis
Course of study
Collections
Type
04A - Book part
Editors
Editor (Corporation)
Supervisor
Parent work
Finance in crises. Financial management under uncertainty
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
111-122
Patent number
Publisher / Publishing institution
Springer
Place of publication / Event location
Cham
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
This chapter analyzes the role of the controlling function in the transformation process from a traditional to a circular business model. Although the task of controlling lies precisely in measuring and managing corporate strategy, controlling has not yet established itself as a strong player when it comes to implementing a sustainable business model. Controlling still plays too passive a role and lacks the necessary expertise. Furthermore, controlling views sustainability more as a marketing or compliance issue than as a fundamental basic understanding of future entrepreneurial action. The chapter describes the linear business model and the need for a shift to a circular model. Based on this, the requirements for sustainability oriented corporate management are outlined and the form in which controlling can support and accompany such sustainability management in a meaningful way and with suitable key performance indicators (KPIs).
Keywords
Subject (DDC)
Event
Exhibition start date
Exhibition end date
Conference start date
Conference end date
Date of the last check
ISBN
978-3-031-48070-6
978-3-031-48071-3
978-3-031-48071-3
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Published
Review
Expert editing/editorial review
Open access category
Closed
License
Citation
Schmied, S., Krings, U., & Koch, M. (2024). Controlling of the circular economy. In T. Hüttche (Ed.), Finance in crises. Financial management under uncertainty (pp. 111–122). Springer. https://doi.org/10.1007/978-3-031-48071-3_8