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Value mapping for sustainable business thinking

Bocken, N. M.P. LU ; Rana, P. and Short, S. W. (2015) In Journal of Industrial and Production Engineering 32(1). p.88-102
Abstract

Pressures on business to operate sustainably are increasing. This requires companies to adopt a systemic approach that seeks to integrate consideration of the three dimensions of sustainability - social, environmental, and economic - in a manner that generates shared value creation for all stakeholders including the environment and society. This is referred to as sustainable business thinking. The business model concept offers a framework for system-level innovation for sustainability and provides the conceptual linkage with the activities of the firm such as design, production, supply chains, partnerships, and distribution channels. A value mapping tool has been presented in the literature to assist in sustainable business model... (More)

Pressures on business to operate sustainably are increasing. This requires companies to adopt a systemic approach that seeks to integrate consideration of the three dimensions of sustainability - social, environmental, and economic - in a manner that generates shared value creation for all stakeholders including the environment and society. This is referred to as sustainable business thinking. The business model concept offers a framework for system-level innovation for sustainability and provides the conceptual linkage with the activities of the firm such as design, production, supply chains, partnerships, and distribution channels. A value mapping tool has been presented in the literature to assist in sustainable business model innovation. This study explores the use of value mapping for broader sustainable business thinking, by reflection on its use in workshop settings. A range of new applications is identified which is expected to be of interest to business practitioners, policy makers, and academic researchers.

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Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
business model, business model innovation, shared value creation, stakeholders, sustainable consumption and production, systems thinking
in
Journal of Industrial and Production Engineering
volume
32
issue
1
pages
15 pages
publisher
Taylor & Francis
external identifiers
  • scopus:84923763212
ISSN
2168-1015
DOI
10.1080/21681015.2014.1000399
language
English
LU publication?
yes
id
14810119-c7e5-47bb-ad31-f02920dbdbfd
date added to LUP
2018-04-11 11:05:38
date last changed
2018-12-02 05:00:11
@article{14810119-c7e5-47bb-ad31-f02920dbdbfd,
  abstract     = {<p>Pressures on business to operate sustainably are increasing. This requires companies to adopt a systemic approach that seeks to integrate consideration of the three dimensions of sustainability - social, environmental, and economic - in a manner that generates shared value creation for all stakeholders including the environment and society. This is referred to as sustainable business thinking. The business model concept offers a framework for system-level innovation for sustainability and provides the conceptual linkage with the activities of the firm such as design, production, supply chains, partnerships, and distribution channels. A value mapping tool has been presented in the literature to assist in sustainable business model innovation. This study explores the use of value mapping for broader sustainable business thinking, by reflection on its use in workshop settings. A range of new applications is identified which is expected to be of interest to business practitioners, policy makers, and academic researchers.</p>},
  author       = {Bocken, N. M.P. and Rana, P. and Short, S. W.},
  issn         = {2168-1015},
  keyword      = {business model,business model innovation,shared value creation,stakeholders,sustainable consumption and production,systems thinking},
  language     = {eng},
  month        = {01},
  number       = {1},
  pages        = {88--102},
  publisher    = {Taylor & Francis},
  series       = {Journal of Industrial and Production Engineering},
  title        = {Value mapping for sustainable business thinking},
  url          = {http://dx.doi.org/10.1080/21681015.2014.1000399},
  volume       = {32},
  year         = {2015},
}