HEC Paris Sustainability on Muck Rack

HEC Paris Sustainability

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Common purpose advantage: Reviving a managerial theory of the firm?

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By Rodolphe Durand, HEC Paris Sustainability, Harrison John Munro-Clark
| Wiley Online Library Verified
A formal system of cooperation requires an objective, a purpose, an aim. Such an objective is itself a product of cooperation and expresses a cooperative discrimination of factors upon which action is to be taken by the cooperative system. It is important to note the complete distinction between the aim of a cooperative effort and that of an individual. Chester Barnard, The Functions of the Executive, 1938, pp.
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