Modeling corporate sustainability strategy

Lloret, Antonio

doi:10.1016/j.jbusres.2015.06.047

Cited by 158 publications

(141 citation statements)

References 50 publications

(66 reference statements)

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“…Companies are able to benefit from this information, to come out of theory and provide a practical aspect, capable of affording a competitive advantage [36]. The capability of transforming the OS concept into action with practical initiatives can alter this scenario [37].…”

Section: Sustainability Reportsmentioning

confidence: 99%

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

2018

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Organizational sustainability (OS) has been guiding the decision-making process of managers in order to generate competitive advantage. This paper aims to identify the sustainable practices performed by large corporations in the implementation of OS. Reports with actions performed by large organizations and their reach in the three pillars of sustainability-environmental, economic, and social dimensions-are disclosed to their main stakeholders, based on short, medium and long-term sustainable goals. These reports often reflect the progress of OS or the progress made toward them. However, few studies investigate the sustainable practices adopted by firms and their reproducibility. A search was performed in reports selected from the firms listed by the Corporate Sustainability Index (CSI) from 2012-2016, belonging to the Brazilian stock market in services sector of the economy and employed the Global Reporting Initiative (GRI) methodology. The results showed the strategic planning involving infrastructure, environment, human resources, product innovation, organizational management and deadline setting acted as the baseline for the implementation of the practices found. The findings will guide the managers´decisions in the development of their strategic planning, based on practical and objective results.

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Section: Sustainability Reportsmentioning

confidence: 99%

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

2018

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“…For instance, Table 1 shows that several authors have studied the incorporation of sustainable materials in construction projects but, to the best of the authors' knowledge, there are no studies regarding a sustainable supply chain and sustainable business models in the construction sector, an issue that has been studied in other industries by many several authors such as Lloret [20], Reefke and Sundaram [27], Sarkis et al [28], Seuring and Müller [29], Walton et al [30], Al-Saleh and Taleb [31] and Richardson [32]. [47][48][49][50][51][52] Sustainable clients in the construction sector [24,[53][54][55] shows that research has been carried out.…”

Section: Sustainable Construction Strategiesmentioning

confidence: 99%

“…Business strategies aligned with sustainability reflect the nature and extension of sustainable development opportunities regarding value creation for companies [20]. Sustainable business development considers sustainable practices as the cornerstone of the company's survival; thus, the implementation of sustainable actions within the firm's business strategy can become a source of competitive advantage [21].…”

Section: Introductionmentioning

confidence: 99%

“…A company's competitiveness reflects its long-term relationships both within the industry and with its competitors. A competitive business is constantly informed about the conditions required to add value through a strategy that enables the fulfillment of organizational goals through social responsibility [20]. Thus, corporate social responsibility (CSR) defines companies that integrate social and environmental concerns in both their business operations and their interactions with stakeholders [22].…”

Section: Introductionmentioning

confidence: 99%

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Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies

2017

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Construction companies need to formulate sustainable construction business strategies to create a competitive advantage and remain in the market. This requires that construction firms incorporate sustainability into their business model. However, the current situation of the firm must be known before following the path to be a sustainable construction firm. Therefore, the aim of this research is to identify sustainable business strategies and their level of implementation in Chilean construction companies. A survey was designed and applied to 245 construction firms to provide statistically valid and reliable information, thus supporting both the senior managers' decision-making process and the companies' strategic planning. The main results show that the companies do not pursue business strategies that promote profound organizational changes; instead, they focus their short-term efforts on urgent market demands. This is evidenced by the lack of the function of sustainability management as a permanent role in the organization. Also, this study found that only 32% of Chilean construction companies implement business strategies towards sustainability. Construction firms with higher turnover and subjected to stricter regulations, such as construction companies working in the mining sector, incorporate more sustainable business strategies across their organizations. The lack of a sustainability-oriented vision can affect the transformation of strategy into a competitive advantage, a step that is necessary to support both the company's permanence in the market and its long-term sustainability.

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“…Therefore corporate entrepreneurship can be expected to attract more intense research initiatives in the near future. According to Lloret (2016), a company's long term success, relationship with the competitors, and its position in the industry are all affected directly by its competitiveness. He claims that competitiveness must rely on the firm strategy.…”

Section: Implications For Research and Practicementioning

confidence: 99%

Creating a Corporate Entrepreneurship Strategy for Competitive Advantage

Enginoğlu

Arikan

2016

International Review of Economics and Management

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Current competitive environment is rapidly changing. In today's business environment, organizations are having an increasingly difficult time in creating competitive advantages. The main reason for this is the ease in contemporary business life for organizations to reach the same or very similar resources. Firms need innovation to create and sustain success and effectiveness. In such a highly competitive business life, the importance of creating competitive advantages for organizations based on unique resources is increasing.Corporate entrepreneurship strategy is essential and vital for achieving strategic goals of firms. Thus, organizations can form competitive advantages by taking advantage of their employees' intrapreneurship skills. A competitive advantage based on corporate entrepreneurship strategy will benefit the organization in a not easy to imitate form. In this study, we discuss corporate entrepreneurship as a key tool of competition.Corporate entrepreneurship, which is becoming ever more important, is aimed to transform into a strategy for fostering competitive advantage. Through the novel model presented, the antecedents, the process, and the consequences of corporate entrepreneurship strategy are highlighted and the impacts of such a strategy on competitive advantage are discussed.

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Modeling corporate sustainability strategy

Cited by 158 publications

References 50 publications

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

Organizational Sustainability Practices: A Study of the Firms Listed by the Corporate Sustainability Index

Diagnosis of Sustainable Business Strategies Implemented by Chilean Construction Companies

Creating a Corporate Entrepreneurship Strategy for Competitive Advantage

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