Education For Achieving Sustainable Competitive Advantage

Journal of strategy management.

Article’s Title

Rethinking sustainability strategies

Journal’s Title

Journal of strategy and management.

Volume issue

Volume.11 issue: 1, pp.2-17.

Name of the authors and job titles

Steven Cavaleri and Kareem Shabana works in the Department of management and organization New Britain, Connecticut, USA.

Purpose.

How the sustainability strategies can be aligned with the porter’s generic strategies through provision of a conceptual framework for both theorists and practitioners in the field of strategic management (Hakkak and Ghodsi, 2015).

Theory: Does the article use a theoretical framework related to Business Strategy?

   Causal model

According to Massa, Tucci and Afuah, 2017, this model links various key drivers of business success such as type of competitive advantage in porter’s generic strategy to sustainability business strategy such as mode of innovation to the general outcomes and the organization’s financial performance over a given duration of time.

 Technological Model

This model describes how various forms of technological development can be used to  achieve sustainability in business results to change in a firm competitive and financial outcome

Methodology.

The authors obtained the data used for this journal after conducting a thorough literature review of other scholars’ articles.

Findings and conclusion.

From the model based insights by the authors, it is evident that increased sustainable practices pose some strategic risks to various organizations depending on their key business strategy. The authors have also found that contrarily, the models provide sensible but limited rationale on this link between sustainability and porter’s generic model and they conclude by suggesting radical innovation practices to minimize the business risks.

 Academic and managerial contributions

Academic Contributions

   The scholars will be able to acknowledge the significance sustainability competitive advantage in business

Managerial contribution

Through the strategic sustainability management model, managers shall be  able to moderate the impact of sustainability initiative on the organizational financial performance through aligning the organization and its surrounding environment

Title of the Article

The impact of Business Strategy on Leadership

Title of the Journal

The impact of Business Strategy on Leadership

Volume and Issue.

 vol. 8 issue, pp.110-126

Author/s Names and Job Titles

Thomas G. Marx, College Professor

Lawrence Technological University, South field, Michigan, USA

Purpose.

The author aims to establish the extent to which leadership functions, styles, traits and skills are affected by the business strategy and its implications on leadership practice and strategic planning activity (Leonidou et al, .2015).

Theories

In my own perspective, trait theory can best be applied in this journal because leadership traits facilitate formulation of strategy by the leader.

Methodology.

 The author conducted an online survey on 20 industry organizations on linked in. The respondents represented the various levels of leadership within the organization. The author also used five-point Likert scale in relation to product strategy as defining by their relative importance from those which were perceived by consumers to be of limited importance to those which were critically important in relation to the marketing strategies adopted.

Findings and conclusion.

For a given strategy to be implemented within the organization, a leader has to use a specific leadership style within the organization. Poor strategies cannot lead to the success of the enterprise despite application of good leadership skills hence  leaders should focus mainly on the formulated strategies to be applied

                           Conclusion

From my own perspective in line with the author’s point of view.  The formulated strategy for achieving speculated goals and objectives shall determine the leadership approach by to be used by the leader

 Academic and managerial contributions.

Academic contributions

The journal has filled the gap that existed in knowledge regarding the strategic management in relation to leadership. It has also given various scholars in the field of strategic management a new approach to strategy and leadership especially the relationship between leadership traits, function and skills with business strategy formulation.

Managerial contribution

Managers who are usually on top leadership positions in the organization will be able to acknowledge that in deed the various styles of leadership are applied depending on the strategy in application to achieve effective implementation by the work force so as to achieve the set organizational objectives.

Title of the Article

Assessment of business strategy: implication for Indian Banks

Title of the Journal

Journal of strategy management

Volume and Issue.

Vol. 8 Issue: 4, pp.306-325.

Author/s Names and Job Titles

Dhananjay Bapat, Assistant Professor.

National Institute of Bank Management (NIBM), Pune, India and

Deepa Mazumdar, Associate Professor in HRM.

National Institute of Bank Management, Pune, India

Purpose.

The article basically aims to analyse Indian Banking sector strategy for business and its strategic formation in order to fill  gaps in knowledge through an assessment of the strategic approaches for Indian banking which has never been addressed by the previous research done which mainly focused on internal factors, organizational performance and design

Business strategy theories

According to my own perspective, specialization theoretical model can be applied in this context. This theory states that through specialization in a specific business factor, the firm is able to achieve a competitive advantage over the others. Various industries specialize in many ways..

Methodology.

Sampling was applied for primary data collection from the population  at the banking sector  of India . Surveys were also contacted in national institute for banking where the respondents represented various diverse northern, eastern, western and southern regions in India. A thorough literature review by the authors also enabled them to establish the article findings

Findings and conclusion.

various orientations were much suitable for the Indian Banking sector. They are: competition orientation where the banks strive to achieve a sustainable competitive advantage through provision of quality services to the customers, cost orientation where the banks lower the transaction costs involved for various activities. The authors concluded that banks have to adopt any of the orientations mentioned above to achieve a sustainable competitive advantage.

What were the academic and managerial contributions made by the journal article?

          Academic contributions

This journal has contributed to knowledge in the banking sector which will enable the students in banking sector and other scholars appreciate the various orientations that if adopted by the banking sectors can lead to the success of the enterprise. knowledge built by the authors

Managerial contributions

Bank managers will have an opportunity to choose on the orientation to adopt in their banks for the achievement of sustainable competitive advantage.

Title of the Article

Carroll’s pyramid of CSR: taking another look

Title of the Journal

International Journal of Corporate Social Responsibility

Date of Publication.

2016

Author/s Names and Job Titles

Dr. A.B. Carroll, Professor of management in the Terry College of Business

University of Georgia.

Purpose.

According to Baden, 2016, the main purpose of this journal is to summarize the CSR Pyramid, outline its elaboration and discuss various specific aspects of the model that had not been clarified during its first publishment in 1991.

Theoretical framework related to Business Strategy.

The theoretical frame work is based on the Carroll’s four part definition of CSR where he said that it encompass the requirement by the law , code of ethics , financial stable  and voluntary service  to the  society  by the organization (Carroll, 2016).

Economic responsibility

The business organization is perceived by the organization as entities of production of goods and services that meet their requirements at affordable price (Suliman, Al-Khatib and Thomas, 2016)

Legal responsibility

Business organizations are expected to comply with various laws and regulations in daily operations so as to fulfil the legal obligations to societal stake holders (Saeidi et al,. 2015).

Ethical Responsibility

According to Ojo and Rosati2016, the business organizations are expected to embrace various codes of ethics in business such as: fair prices on goods, production of quality goods and avoiding false advertisement on goods.

 Methodology  used to collect data

Through a thorough literature review the author has been able to obtain the relevant data for the findings of the journal article.

Findings and conclusion.

The business organization has various roles to play in the society as per the theoretical model and the application of all the aspects depicted in the model will automatically lead to the success of the enterprise. The author concludes that CSR has a good past and bright future since most of the organizations have incorporated CSR in the corporate organizational culture.

 Academic and managerial contributions

Academic contribution

This journal has contributed to CSR pyramid knowledge to students, tutors and other scholars and it has clearly outlined the scope of the author which leaves room for further research by other scholars

Managerial contribution

This journal article is important to the managers because it shall enable them to emphasize on CSR practices in their organizations enabling the business organization attractive to the society which is he market for the various business goods and service

Title of the Article

How technology – driven business strategy can spur innovation and growth

Title of the Journal

A journal of strategy and leadership

Volume and Issue.

Vol.34 Issue: 2, pp.28-34.

Author/s Names and Job Titles

Saul J. Berman

Partner and Global leader of the Business Strategy Practice of IBM Business consulting services

Jeff Hagan

Alliance development Manager within IBM Business Consulting Services

Purpose.

The journal article aims to bring a new perception of technology as part of the factor that contributes to business success but not the main factor as it was perceived in the past (Jin, Jeong,and Yoon,  2015).

Theoretical framework related to Business Strategy.

According to my perception, the contingency theory can be applied to clearly explain the technology-driven business strategy (Uhl and Gollenia eds., 2016). This theory implies the situational application of technology depending with the strategic business approach pursued

 Methodology  used to collect data

Through a thorough review of the literature, the authors have been able to emphasize on their study and established a concrete conclusion regarding their research.

Findings and conclusion.

The authors have found an intersection of technological knowledge and the market insight through innovation is a great breakthrough in technology driven- business strategy hence firms that incorporate technological know-how, great market understanding and innovation processes will achieve a sustainable competitive advantage over other similar businesses.

 Academic and managerial contributions

Academic contribution

This journal shall feed the students, tutors and scholars with a new perception in technology in relation strategic business management.

Managerial contribution

This journal article will enable the managers to appreciate the results of technological intersection with other factors of production for the success of the business organization.