Making Business Sustainable – Closing the gap between doing good and making money
(2012) MIO920Production Management
- Abstract
- Purpose: The purpose of the project is to create a standardized assessment tool for
evaluating an organization’s maturity and performance in efforts
concerning of sustainability work.
Method: The work process of creating the assessment tool has gone from being
explorative in the initial phase of creating a theoretical framework to
abductive when creating the tool. The theoretical data was collected from
earlier research and conversations with well renowned professors that the
project team met with. The empirical findings were drawn from scientific
reports and interviews held by the project team with industry experts and
industry representatives. A qualitative data collection method was chosen,
as the goal was to explore... (More) - Purpose: The purpose of the project is to create a standardized assessment tool for
evaluating an organization’s maturity and performance in efforts
concerning of sustainability work.
Method: The work process of creating the assessment tool has gone from being
explorative in the initial phase of creating a theoretical framework to
abductive when creating the tool. The theoretical data was collected from
earlier research and conversations with well renowned professors that the
project team met with. The empirical findings were drawn from scientific
reports and interviews held by the project team with industry experts and
industry representatives. A qualitative data collection method was chosen,
as the goal was to explore sustainability on a deeper level rather than
being able to explore relations between certain factors quantitatively.
Conclusion: The main conclusion that can be drawn from this project is that
improving an organization’s way of business operation to be more
sustainable can be very beneficial for said organization’s bottom line. The
process to reach a more sustainable way of doing business for an
organization needs to start with identifying the stakeholders of the
organization, then creating awareness of the organizations current
maturity and - before implementation - prioritizing in what areas the
sustainability improvements should start. The general maturity in the
industry is low and many concepts regarding sustainability are new to the
executives in today’s organizations. In order to overcome the challenges
connected to identifying sustainability key improvement areas it is crucial
that the analysis is made by a person who has knowledge in sustainability
and insight in the strategy of the organization, and that the outspoken
purpose is to find shared value. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2858285
- author
- Heller, Jonas and Wizander, Sabina
- supervisor
- organization
- course
- MIO920
- year
- 2012
- type
- M1 - University Diploma
- subject
- keywords
- Sustainability, Sustainable Development, Assessment Tool, Shared Value
- other publication id
- 11/5404
- language
- English
- id
- 2858285
- date added to LUP
- 2012-07-02 10:42:36
- date last changed
- 2012-07-02 10:49:50
@misc{2858285, abstract = {{Purpose: The purpose of the project is to create a standardized assessment tool for evaluating an organization’s maturity and performance in efforts concerning of sustainability work. Method: The work process of creating the assessment tool has gone from being explorative in the initial phase of creating a theoretical framework to abductive when creating the tool. The theoretical data was collected from earlier research and conversations with well renowned professors that the project team met with. The empirical findings were drawn from scientific reports and interviews held by the project team with industry experts and industry representatives. A qualitative data collection method was chosen, as the goal was to explore sustainability on a deeper level rather than being able to explore relations between certain factors quantitatively. Conclusion: The main conclusion that can be drawn from this project is that improving an organization’s way of business operation to be more sustainable can be very beneficial for said organization’s bottom line. The process to reach a more sustainable way of doing business for an organization needs to start with identifying the stakeholders of the organization, then creating awareness of the organizations current maturity and - before implementation - prioritizing in what areas the sustainability improvements should start. The general maturity in the industry is low and many concepts regarding sustainability are new to the executives in today’s organizations. In order to overcome the challenges connected to identifying sustainability key improvement areas it is crucial that the analysis is made by a person who has knowledge in sustainability and insight in the strategy of the organization, and that the outspoken purpose is to find shared value.}}, author = {{Heller, Jonas and Wizander, Sabina}}, language = {{eng}}, note = {{Student Paper}}, title = {{Making Business Sustainable – Closing the gap between doing good and making money}}, year = {{2012}}, }