Sustainability: the missing ingredient in strategy

Title
Sustainability: the missing ingredient in strategy
Publication Date
2011
Author(s)
Bonn, Ingrid
Fisher, Josie A
( author )
OrcID: https://orcid.org/0000-0002-4828-6410
Email: jfisher@une.edu.au
UNE Id une-id:jfisher
Type of document
Journal Article
Language
en
Entity Type
Publication
Publisher
Emerald Publishing Limited
Place of publication
United Kingdom
DOI
10.1108/02756661111100274
UNE publication id
une:7282
Abstract
Purpose - This paper explores ways in which different dimensions of sustainability can be addressed at the strategic level within organizations. Design/methodology/approach – Building upon previous research, the authors provide a conceptual overview before developing a framework that outlines how sustainability can be addressed during the strategic decision-making process and as part of the organization's corporate, business and functional level strategies. Findings – Research has demonstrated that many managers do not understand how to make their organizations more sustainable, even though they recognize the benefits of doing so. The framework developed in this paper suggests a way for managers to integrate sustainability into strategy. It focuses on the strategic decision-making process, including the cognitive characteristics of strategic decision-makers and the strategy content at the corporate, business and functional levels. The authors also address the role of organizational culture and vision in supporting sustainable strategies. The framework is illustrated by case examples of BHP Billiton, Loving Earth, the Australian Wine Industry, and Migros. Practical implications – The framework can be used by managers and scholars to assess the degree to which organizations have strategically addressed sustainability and to identify opportunities for further improvements. Originality/value – The value of this paper lies in the treatment of sustainability as a strategic, as opposed to an operational, issue. By adopting a strategic approach to sustainability, organizations are more likely to include economic, environmental and social considerations in all aspects of business on an ongoing basis.
Link
Citation
Journal of Business Strategy, 32(1), p. 5-14
ISSN
0275-6668
Start page
5
End page
14

Files:

NameSizeformatDescriptionLink