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MGT302 Strategic Management

tag 0 Download 13 Pages / 3,045 Words tag 15-07-2021


Inserting sustainable growth through either the community or else private sector is difficult as the concerns are cross-cutting plus the notion itself is generally challenged. A mass number of methodologies has been developed (Hallstedt, et al., 2010). They have in shared is that they pursue to:

  •    Incorporate societal, fiscal and ecological traits.
  •    A comprehensive method to shareholder participation and permission
  •    And an extended period opinion.

This chart explains the strategic approach to transforming sustainability:

It is significant to have the clear vision regarding sustainable development which suits in organizational main business, actions, and aims (Fooks, et al., 2011). Thorough understanding helps the organization to understand the key factors:

  •    Why should a business adopt a practical approach to define sustainability with main business?
  •    The risk associated with it for not fulfilling above approach.
  •    Better knowledge of benefits which an organization can achieve.

Current standard linear approach, shortcomings etc

- stakeholder approach

- dynamic capabilities

- sustainable approach

- Viability of each approach,

- Suggested benefits

- Implementation issues

- Limitations

Dynamic capabilities: A review of past research and an agenda for the future.

Tobacco product regulation—a public health approach. New England Journal of Medicine,

Corporate social responsibility and access to policy élites: an analysis of tobacco industry documents. 

Corporate Brand Value Shifting from Identity to Innovation Capability:

An approach to assessing sustainability integration in strategic decision systems for product development.

Managing for stakeholders, stakeholder utility functions, and competitive advantage. 

Sustainability framework for the life cycle assessment of light-duty vehicles.

Effect of supply chain integration, modular production, and cultural distance on new product development:

Cross-border market co-creation, dynamic capabilities and the entrepreneurial theory of the multinational enterprise. 

Dynamic capabilities, internationalization processes and performance. 

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Total 13 pages

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