Is innovation important in organizational sustainability

Topics: Economics, Sustainability, Technology / Pages: 5 (1361 words) / Published: Aug 30th, 2014
Innovation: The Key to Achieve Organizational Sustainability
Currently, the theory of sustainability has gained an international popularity not only in the more macro social and ecological level, but also in the relatively micro organizational level. To be more specific, now it has become the primary goal of an organization to sustain a healthy and long-term development, or sustainable development. The role of innovation in the organizational sustainability, however, is not yet decided partly because that the notion of innovation is so elusive (Elke & Bos-Brouwers 2010). After a wide literature survey, in this essay it attempts to put forth and prove the hypothesis that innovation is the key to realize organization sustainability.

Organizational Sustainability and Innovation?
As pointed out in the research book by Dunphy, Griffiths and Benn (2006), corporation has been the fundamental cell of modern economic life as it brings people such a huge physical wealth that is unthinkable for the generations before. The importance of corporation, however, leads to the question of how to maintain a sustainable development of corporation in order to achieve the sustainability of human society and the plant. This is called corporation sustainability or organizational sustainability. Accordingly, one can see that in the literary sense, organizational sustainability is a sustainable and healthy development and maintenance of the organization to fulfill its goal to provide its members the financial returns and other kinds of outcomes in the long run. However, it is just one part of organizational sustainability. From a more profound perspective, it has the sustainability of human society and the plant as its ultimate goal. Human beings are living in this earth for quite a long time and will continue to live in this plant; therefore, it is important to study the approaches to a sustainable development. Someone also link the organizational sustainability with

References: Center for Sustainability Organization. (n.d.). Retrieved Apr. 9th, 2014, Coca Cola Enterprise. (2013). “Sustainability Innovation Summit explores how organizations can think differently to drive the next era of sustainable business.” updated Oct. 11th, 2013, retrieved Apr. 9th, 2014, Dunphy D., Griffiths A. and Benn S. (2006). “Organizational change for corporate sustainability.” Retrieved from Routledge Talor & Francis Group, Apr. 9, 2014, Elke H. and Bos-Brouwers J. (2010). “Corporate sustainability and innovation in SMEs: evidence of themes and activities in practice.” Business Strategy and the Environment (retrieved from Database Wiley), Vol. 19, No. 7, pp. 417–435 Florea L., Cheung Y., and Herndon N. (2013). “For all good reasons: role of values in organizational sustainability.” Journal of Business Ethics(retrieved from Database Jstor), Vol. 114, No. 3 (May 2013), pp. 393-408 Weiss D. and Legrand C. (2011). Innovative Intelligence: The Art and Practice of Leading Sustainable Innovation in Your Organization. John Wiley & Sons Canada, Ltd., Ontario.

You May Also Find These Documents Helpful

  • Business Model Innovation for Sustainability
  • Smart Innovation and Sustainability of IKEA
  • Sustainability in Entrepreneurship, Innovation, and Economic Development
  • Organizational Slack and Toyota’s Innovation
  • Managing Organizational Change and Innovation
  • Global Innovation and Sustainability: Ford Motor Company
  • Most Important Muslim Innovations
  • Effects of Organizational Architecture on Ethics and Innovation
  • Organizational Learning and Innovation Affect on Performance
  • Most Important Innovation To Canada