Preview

The Development of Sustainability Leadership Framework: from Strategy to Results

Best Essays
Open Document
Open Document
2687 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Development of Sustainability Leadership Framework: from Strategy to Results
ABSTRACT
This paper describes about the development of sustainability leadership framework, especially from the business strategy to the business results. First, it consists of an illustration of the need for a comprehensive sustainability leadership framework. Second, it describes about the core construct in the context of corporate sustainability related to workforce engagement. Further, it also illustrates about the macro-level and micro-level components of sustainability leadership respectively.

INTRODUCTION
Generating a shift in people’s consciousness requires a “Sustainability revolution” (Edwards, 2005). To develop the strategic imperative of the new millennium, hence we have to emphasize on the excellence, quality, and reengineering movements of the late 20th century. Regarding sustainability issues, substantial public interests are fueling on corporate focus. For example, it requires changes in legislation, pressure from stakeholders, and reluctant managers to take into account on sustainability issues.

Sustainability initiatives should be considered by companies due to several reasons. Sustainability can be adopted as branding strategies, image strategies, cut cost endeavors, differentiate themselves from competitors, and firms’ value statements. Morsing and Oswald (2009), for example, argued that a healthcare company, namely Novo Nordisk integrates a commitment in their business conduct as one of their corporate values. On the other hand, the firms’ management training and the firms’ balanced scorecard measures are other examples of company’s values that can be regarded as sustainability initiatives (Harget & Williams, 2009). Furthermore, Bonini et al. (2009) stressed that a social responsibility dashboard is another example of sustainability initiatives that can be classified as a company’s values.

THE NEED FOR A COMPREHENSIVE SUSTAINABILITY FRAMEWORK
There is still a gap with regard to the development of a comprehensive firm’s

You May Also Find These Documents Helpful

  • Good Essays

    Company Q Task 1 Est1

    • 905 Words
    • 4 Pages

    Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…

    • 905 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Csr David Vogel Summary

    • 299 Words
    • 2 Pages

    David Vogel explains how stakeholders, mainly employees, customers, and investors can impact the significance of Corporate Sustainable Responsibility (CSR) in business. Even though many surveys had been conducted to assess and boost businesses to be more sustainable, there is still a lack of evidence on the actual actions and effects.The complication of measuring social as well as environmental implication through a single standard has left CSR to be neglected. GRI is an example that encourages CSR but lacks conformity for reported results. This difficulty in measuring social and environmental outcomes often lead organizations to undertake ‘greenwashing’, or act as charity donors to cover up their ‘irresponsibility.’…

    • 299 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The competitive environment in today’s business world poses many dangers to the sustainability of the biosphere, which is so vital to life. Business organizations have a responsibility to help sustain and preserve the environment for future generations. Corporations must take initiative in developing business plans that incorporate sustainable business practices into the strategic direction of the organization. Successful achievement of a sustainable business plan also requires identification of barriers to implementation and development of strategies to overcome such barriers. In addition, to measure the success of sustainable business practices, organizations must continually monitor the progress and communicate results of their sustainable plan efforts. A review of the Riordan Manufacturing’s current business practices helped to illustrate the development and implementation of a successful sustainability plan. Riordan must concentrate on developing a plan to address unsustainable practices such as the release of harmful emissions, improper disposal of off-spec raw materials, and the release of harmful solvent cleaners into the biosphere. To implement these strategies and secure the improvement of Riordan’s sustainability, the organization must anticipate financial, social, ethical, technical, and practical barriers to these plans. Understanding the barriers helps the organization prepare an action plan to overcome these obstacles and ensure the successful implementation of its plans. The keys to avoiding impediments from financial, social, ethical, and technical barriers are communication and commitment. Communication is vital to the implementation of a successful sustainability plan. Riordan Manufacturing must institute a comprehensive communication plan to address the concerns of affected stakeholders. In addition, the…

    • 3559 Words
    • 102 Pages
    Best Essays
  • Better Essays

    Environmental sustainability has become a hot topic in the last couple of decades because of global warming and other weather related changes. In today’s business world, environmental sustainability is an essential part of corporate social responsibility (CSR); therefore, very important to stockholders, owners, as well as to the public in general. Everybody wants to know how businesses are run and how their operations affect their communities for generations to come.…

    • 2672 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Many organizational theories have been formulated, particularly touching on economic and social development. Sustainability is a vital element for all organizations that intend on having continuity in their core business activities. For organizations, sustainability efforts involve establishing mechanisms needed for carrying on and continuously enhancing the organizations activities while trying to achieve the main objective. According to Coblentz (2002), the majority of organizations have missions and long-term goals and objectives through which when attained indicate success for what they set out as their main objective.…

    • 1285 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Based on author¡¦s first-hand experience, some world well-known companies including Nike, Wal-mart, Intel, and Shell, international government agencies and non-governmental organizations are taken as examples to support his point of view and be a sample for later generations to respond challenges. Because of some misreading or failure implementation, previous experiences give corporations a lesson and force them to embrace key elements of the sustainability…

    • 527 Words
    • 3 Pages
    Good Essays
  • Better Essays

    References: Blueprint for Corporation Sustainability Leadership. . (2010, June). UN Global Compact Office, Retrieved from http://www.thecoca-colacompany.com/citizenship/workplace_rights.html…

    • 1140 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    The sustainability strategy focuses in their objective to improve the value of the business and their stakeholders. They give importance on the customers and clients such as maintaining the understanding of their needs and promoting the company by measuring satisfaction. It can be only possible by focusing of their global performance by their assurance to develop an innovative solution and enhancing performance. On the other hand, the people working under their organization make a great advantage in the performance of the business. In addition,…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Introduction Organizations should be treated as an-on going concern . This is because there are a lot of revisions needed whether it is through reengineering ,information system or its workforce so that the organization would be able to stand against competition . Organizations are made up of people who are responsible for certain operations in different fields and are thus inherently complex . Since change or revisions are the basic things that are needed in the organization , it is imperative that leaders must understand that a change to one component will always generate a rippling effect on other surrounding components (Abraham et al , 1997 .Therefore , decision making should be done carefully and accordingly .Sustainability can be thought of as a way of protecting the options that are present . Sustainable development actually needs a fundamental shift from the traditional or routinely activities involved within the organization to a circular approach of borrow-use return . It offers a compelling strategic paradigm for guiding business in contributing to the society ‘s desire for balanced progress towards economic prosperity ,social justice and environmental quality . If sustainability is accepted by the organizations , they should be able to understand the need of exploration and innovation as much as prescription and planning is needed . It frees the creative potential of the human mind and maximizes the potential for deeper learning within the boardroom . As a part of the business strategy , it has the ability to help the business performance of your organization to be superior and prosperous .…

    • 503 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Sustainable Growth

    • 2448 Words
    • 10 Pages

    − A case study conducted by Atkinson (2000) showed that that sustainability within business can lead…

    • 2448 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    The reports of sustainability can urge companies to make effort to be sustainable. It means that companies will improve the non-financial performance and the sense of social responsibility by sustainable reporting. After analyzing the data, the companies which make sustainability reporting improve their ranking of social responsibility by 8% more than the companies which lack of sustainability reporting (Blanding 2011, p.5).…

    • 1326 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    As we take into account the increasingly serious environmental problems and social issues such as inequitable growth, corporate social responsibility can no longer be used as a slogan or a tool of self-glorification, but rather as a pressing task for all companies, who contribute to these problems. In a day and age when technology allows us to be informed in real time, strategies such as "green-washing" may only accelerate the deterioration of a company 's image.…

    • 5717 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Boeing Company

    • 29338 Words
    • 118 Pages

    We come together at the UN Global Compact Leaders Summit 2010 to mark a decade of progress in advancing the corporate sustainability movement globally. It is fitting that we use this occasion to understand the opinions and experiences of the member CEOs participating in the Global Compact, and use those insights to help set the sustainability agenda for the next ten years. There has perhaps never been a better moment to contribute to the debate about how, as we look to economic recovery following one of the most tumultuous periods in our history, we can start to rebuild the global economy in a sustainable way. The timeliness of this study is matched by its breadth. Nearly 1,000 CEOs, business leaders, members of civil society and academic experts have contributed to what is the largest CEO survey on sustainability of its kind to date. The global geographic and industry coverage of contributing CEOs further provided unique insights into the challenges and opportunities of the coming decade. It is a decade that, CEOs believe,…

    • 29338 Words
    • 118 Pages
    Powerful Essays
  • Better Essays

    In today’s economy, sustainable entrepreneurship is a popular topic. Companies all over the world are trying to create a green image. A sustainable business has a positive impact on the global and local environment, community, society and economy, and focuses on the three P’s: People, Planet and Profit (Milieufocus, par. 3). The focus on pPeople looksstand for fair and beneficial business practices towards labor and the community and region in which a corporation conducts its business. Emphasis on the pPlanet refers to sustainable environmental practices that maintain a natural balance of the ecosystem and finally sustainable pProfit is the economic value created by the organization after deducting the cost of all necessary inputs. However, operating sustainably it not obligatory and only a small part of all companies in the world operate sustainably. According to a five-year study of the Dutch Ggovernment, only 0.1 percent of the companies in The Netherlands focuses on sustainable entrepreneurship (Zijlstra, par. 5). Many pPeople believe that operating sustainably has more disadvantages than advantages and cannot be successful. Whereas many companies consider sustainable entrepreneurship as a waste of money and time, I believe sustainable entrepreneurship offers many opportunities and advantages.…

    • 1463 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Introduction Help People

    • 2007 Words
    • 7 Pages

    For sustainability is built into the core values from outset to recently acceptance. Regardless of its origin, everybody will do sustainability by considerations for enterprises to become the core factors affect the strategic, operational, and connect consumers and communities.…

    • 2007 Words
    • 7 Pages
    Powerful Essays