The Sustainability Challenge Business Theory
Looks at the concept of the Sustainability Challenge, which states that businesses must have a continuous process of improvement in order to develop a sustainable competitive advantage.
# 146907 | 3,625 words | 20 sources | APA | 2011 |
Published on Jan 23, 2011 in Business (Companies) , Business (Management) , Environmental Studies (General)
$19.95 Buy and instantly download this paper now
This paper explains that the concept of the Sustainability Challenge, which addresses the limits to growth, is based on Rainey's post-modernism organizational theory of sustainable business development. Next, the author uses the case of Nokia to demonstrate the issues relating to the operationalization of this theory. The paper stresses that, in contrast to traditional organizational theory in which strategy formulation is assumed to take place in a stable organizational structure, the Sustainability Challenge requires that built-to-change business structures balance their economic, environmental and social perspectives.
From the Paper:"Employees are the most important assets of an organization because they are central to the concept of the Sustainability Challenge. In the fast changing external environment, compliance with regulations is no longer sufficient. Businesses must be able to anticipate future changes in social, economic and environmental issues and change their organizational structures accordingly. Therefore, the critical success factor is the process of managing change. When it comes to managing change, employee resistance is the biggest limiting factor and for this reason the issues of employee motivation and empowerment become critical."
Sample of Sources Used:
- Aaker, David A. (2004). Strategic Market Management. McGraw Hill/Irwin.
- Baldwin, Esther, and Martin Curley. (2007). Managing IT Innovation for Business Value: Practical Strategies for IT and Business Managers. Intel Press.
- Barker R. Barker S (2007). An Adlerian to Managing Organizational Change. The Journal of Adlerian Theory, Research and Practice, 52(2), 181. Retrieved November 17, 2009 from Business Source Premier database. (AN 9704150577).
- Baschab, John., et al. (2005). The Executive Guide to Information Technology. McGraw Hill/Irwin.
- Ben Steverman (2009). Is a Turnaround Brewing for Starbucks. BusinessWeek Online, 20. Retrieved November 17, 2009 from Business Source Premier database. (AN 43449911).
Cite this Term Paper:
The Sustainability Challenge Business Theory (2011, January 23) Retrieved February 07, 2023, from https://www.academon.com/term-paper/the-sustainability-challenge-business-theory-146907/
"The Sustainability Challenge Business Theory" 23 January 2011. Web. 07 February. 2023. <https://www.academon.com/term-paper/the-sustainability-challenge-business-theory-146907/>