Academia de Studii Economice Bucuresti

Amfiteatru Economic
AN ECONOMIC AND BUSINESS RESEARCH PERIODICAL
Facultatea de Business si Turism

Corporate Sustainability and Organizational Change. Case of OMV Petrom

Author:Catalina Soriana Sitnikov and Claudiu George Bocean

JEL:Q01, L16

DOI:

Keywords:sustainability, organizational change, culture management, PDCA, OMV Petrom

Abstract:
Many corporations have recognized the importance of being perceived as socially responsible to the environment, employees or local community. They have worked hard to be labeled as sustainable organizations. Corporate behavior, however, implies a gap between theory and practice. Therefore, we consider it necessary to study how to transform corporations into sustainable organizations based on organizational change models. The paper brings an original contribution to the study of organizational sustainability by introducing a framework for sustainable organizational change using organizational culture components and Deming's Plan-Do-Check-Act (PDCA) cycle of continuous quality improvement.
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