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Making Business Sustainable – Closing the gap between doing good and making money

Heller, Jonas and Wizander, Sabina (2012) MIO920
Production 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:
author
Heller, Jonas and Wizander, Sabina
supervisor
organization
course
MIO920
year
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},
  keyword      = {Sustainability,Sustainable Development,Assessment Tool,Shared Value},
  language     = {eng},
  note         = {Student Paper},
  title        = {Making Business Sustainable – Closing the gap between doing good and making money},
  year         = {2012},
}