Journal ArticleDOI
A new sustainability model: engaging the entire firm
TLDR
The sustainable activity model as discussed by the authors re-envisions Porter's value chain to reflect the emerging impact of sustainability on firm strategy, which helps to convert high level sustainability vision statements into a new set of actions that can create value from emerging issues like climate change, resource constraints, and a smaller, more connected world.Abstract:
Purpose – The sustainable activity model re-envisions Porter's value chain to reflect the emerging impact of sustainability on firm strategy. The model helps to convert high level sustainability vision statements into a new set of actions that can create value from emerging issues like climate change, resource constraints, and a smaller, more connected world. Design/methodology/approach – The emergence and growth of sustainability, provides an opportunity to rethink traditional business models to better reflect current and emerging market conditions. Porter's value chain was adapted to reflect that: the value of a firm is based on more than just the profit margin and includes reputation, brand value and license to operate; sustainability can generate value by improving both internal and external engagement and collaboration; and the impact that the firm has on the outside world need to be included in firm strategy and decision making. Findings – The sustainable activity model is useful for focusing strate...read more
Citations
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Book ChapterDOI
The Sustainability Imperative
Daniel A. Vallero,Chris Brasier +1 more
TL;DR: The concept of megatrends is not new, of course as mentioned in this paper, which refers to incipient societal and economic shifts such as globalization, the rise of the information society, and the move from hierarchical organizations to networks.
Journal ArticleDOI
A dynamic perspective on the resilience of firms: A systematic literature review and a framework for future research
Elisa Conz,Giovanna Magnani +1 more
TL;DR: In this paper, a systematic literature review of 66 selected papers published between 2000 and 2017 was conducted to answer the following research question: how is the resilience of firms defined in the business and management field?
Journal ArticleDOI
Service operations: what’s next?
Joy M. Field,Liana Victorino,Ryan W. Buell,Michael Dixon,Susan Meyer Goldstein,Larry J. Menor,Madeleine E. Pullman,Aleda V. Roth,Enrico Secchi,Jie J. Zhang +9 more
TL;DR: In this article, the authors present a broad range of ideas to spur conceptual and empirical research related to service operations and encourage the continued creation of deep knowledge within the field, as well as collaborative research across disciplines that develops and incorporates insights from service operations.
Journal ArticleDOI
Corporate Sustainability Strategies and Decision Support Methods: A Bibliometric Analysis
TL;DR: In this article, the authors conduct a bibliometric analysis exploring the integration of strategic management, decision-making and corporate sustainability, providing a framework of interrelated issues according to the current literature in this area.
Journal ArticleDOI
Transformative service research, service design, and social entrepreneurship: An interdisciplinary framework advancing wellbeing and social impact
TL;DR: In this paper, the authors provide an interdisciplinary framework bridging service design and social entrepreneurship with transformative service research to create greater synergetic relationships between the two domains, and provide an approach to bridge the gap between service design, social entrepreneurship and service research.
References
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Journal Article
Strategy and society: the link between competitive advantage and corporate social responsibility.
Michael E. Porter,Mark R. Kramer +1 more
TL;DR: A fundamentally new way is proposed to look at the relationship between business and society that does not treat corporate growth and social welfare as a zero-sum game and introduces a framework that individual companies can use to identify the social consequences of their actions.
Journal ArticleDOI
Co‐creating unique value with customers
C. K. Prahalad,Venkat Ramaswamy +1 more
TL;DR: In this article, the authors propose a DART model for managing co-creation of value processes. But their model assumes that the consumer has changed from isolated to connected, from unaware to informed, from passive to active.
Book ChapterDOI
The Sustainability Imperative
Daniel A. Vallero,Chris Brasier +1 more
TL;DR: The concept of megatrends is not new, of course as mentioned in this paper, which refers to incipient societal and economic shifts such as globalization, the rise of the information society, and the move from hierarchical organizations to networks.
Journal Article
Sustainability Through Servicizing
TL;DR: In this article, the authors identify six keys to the new model: building on existing service strengths, redesigning contracts to redefine the basis of profit, communicating the new business plan to current customers, changing sales incentives, acquiring new organizational skills to ensure a better understanding of consumption, and learning to highlight the potential benefits from taking steps to improve the environment.