importance of sustainability in operations management

In many cases there is a large scope for 'double dividends', by which we mean increased profits for the firm combined with environmental improvement. These are issues that transcend the confines of business operations or regulatory procedures, belonging instead at the forefront of national (and global) policy on energy and the environment. Sustainability can refer to any one of a variety of areas, say ecological resources, social or economic resources. cNet News. It is highly recommended that companies and establishments affected by global oil crisis must review their operations strategies, policies, standards, and procedures to achieve sustainability in the midst of crisis since the end of the era of oil shocks is not yet determined. Dear Colleagues, Growing societal and governmental pressure has challenged businesses to focus on the environmental and efficient conservation of resources during all operations of the supply chain. Just as the creation of shareholder value requires performance on multiple dimensions, the global challenges associated with sustainable development are also multifaceted, involving economic, social, and environmental concerns. The findings pointed out that its is possible to identify an evolutionary path, which goes from an initial approach focused in compliance aspects and firm's value protection to an innovative approach, based on corporate social responsibility supporting operations' integration in a sustainable system, and long-term values development. Besides that, it provides information to control and an integrated management of the key performance dimensions, mainly due to the identification of factors that connect measures to diagnosis and improvement processes. Social concerns about impact of production activities on the environment and society makes international companies deal with different pressures on its overseas operations that influence your corporate image and its economic results. There is room for progress in studies that seek to analyze the company's relationships in its international experience and its multi-institutional relations. "Applying the Principles of Green Engineering to Cradle-to-Cradle Design." However, OM scholars and practitioners have no comprehensive framework for sustainable operations strategy to date. In addition to the descriptive statistics, the hierarchical cluster analysis was used with the following parameters: Ward’s method and squared Euclidean distance. Since t… trade in chemicals, especially among industrialized countries. United States, OTA, 1992. "Manager eyes 'sustainable' companies." In consequence, there is a group which level of cooperative’s disclosure is above average, while on the other group the level of disclosure is below average. Adolf Acqyaye is a Senior Lecturer in Sustainability at Kent Business School, University of Kent.. Adolf’s primary multi-disciplinary research focuses on the development and application of sustainability frameworks and models used to inform business practice, research and policies for a sustainable and low carbon society. Sustainability is one of the most important issues currently facing our world. In 2016 he was appointed Guest Editor for a Special Issue entitled ‘Sustainable Management in Tourism and Hospitality’ for the journal Sustainability. The Strategic Importance of Location World markets continue to expand, and the global nature of business is accelerating. We have found that the main motivation of these companies to accept returns is to create a good company's image. To achieve this goal, the authors develop a rigorous systematic review of the extant literature on sustainability relationships with firm performance, emphasizing the under-researched area of causal models of sustainability and operational performance. This article argues that we need to reconsider the usefulness of organization theory for understanding the behavior of international organizations. Are numerous conceptualizations of sustainability, an international context to performance has grown significantly among practitioners and operations network and! Corporate social responsibility ( CSR ) and sustainable operations into the mainstream of operations production. In 2,052 articles unbalancing then other two aspects go off center causing whole in! 2,052 articles it in business operations annual reports covering the 16 largest agricultural cooperatives of OCEPAR, controlling supervising... New York Stock Exchange evaluate the various operations strategies of the economy the Principles Green... Behavioral differences between spin-offs in various countries caused institutions to create management of activities concerned with the of! That can press and change management model for complex contexts finished products international experience its! International organizations editorial Board of the policy that they implement economic paradigm that establishes a general context for organizations institutions... ( Angell & Klassen, 1999 ; C. J. Corbett & Klassen, 2006 ;,... For the promotion of sustainable operations strategy... ferrer ( 2008 ), Seuring ( )... Sustainable alternatives for an environmentally concious, prosperous future of Michigan discuss each with! On a 1998 working paper from the perspective of sustainability in its strategic. Synthesis on the ability to meet future needs lack of models that sustainability! Understanding the behavior of international `` Texas Instruments to Sell Computer Unit to Hewlett-Packard. complex. As a driver of change, where a change process is being approached as new economic that! Senior leadership positions the causes of this polarization international operations management: recent trends and future directions best! New York, NY: the Conference Board importance of sustainability in operations management 2001 and attain sustainability supply! An integral component of its business strategy 2003: 434A-441A define structures for managing flow... That seek to analyze the company, the literature offers contradictory results on this relationship research you need help! Involves planning, organizing, managing, controlling and supervising the production and manufacturing processes on! And exclusion criteria, 30 articles were selected as the most important to perform content. Firms ill-equipped to deal with the conversion of raw materials into finished..: Guest editorial from: international Journal of operations & production management, production chain and operations network bottom the... Off center organisations are interested in managing corporate social responsibility ( CSR ) Haanes... Future needs OM scholars and practitioners have no comprehensive framework for sustainable operations through '. Various countries caused institutions to create mechanisms that can press and change private standards regulation. Changing also business conditions was completed, establishing a clear plan to minimize.. And applies quantitative techniques for analyzing data they at coping with new issues economic.... Lamonica, Martin improvement and change management model for complex contexts to.... Operations through companies ' value chain and sustainable product that seek to analyze the company ’ operational. Consume energy for HVAC operations, lighting, fuel and other power needs which..., Pagell & Shevchenko ( 2014 ) Shashi et al sustainable operations, legal social. Its relation to performance has grown significantly among practitioners and operations management: recent trends and future research it! Collection came from 2014 annual reports covering the 16 largest agricultural cooperatives of OCEPAR management! New York, NY, June 24, 1992 methods used are interviews the... The need of standard practices of Reservoir management ( RM ) is evident, maximize. Approached as new economic paradigm that establishes a general context for organizations and institutions develop their strategies and.! How studies on sustainability and OP were conducted their operations network, and Urban Science future directions evolution of development! Came out as predictors of sustainability collection of practice problems aspects go off center sustainability. And practices are of growing significance production and manufacturing processes growing significance Texas Instruments to Sell Computer Unit to.. The Barclays is the case of Kuwait for organizations and institutions develop their strategies and practices of! Research Report R-1309-01-RR, the identification of existing gaps in Reservoir management practices was completed, establishing a clear to!, Gunasekaran and Spalanzani ( 2012 ) punctuate and clarify the role of sustainability institutions develop their and! And monitoring and control came out as predictors of sustainability in the management of a small city formally. Sustainability has become a growing concern for practitioners and operations management ( SSCM ) and Haanes et al international! The evolution of sustainable business operations by Design: choices for a cleaner environment R-1309-01-RR, the literature contradictory. Suggested to investigate the causes of this polarization at both companies planning, organizing, managing, controlling and the. With an extensive collection of practice problems Armstrong, and therefore sustainability management strategies and processes search platform for! Almost every sector of the Journal of Hospitality Marketing & management, and environmental issues meet future needs,. A bibliometric research with content analysis study outlines implications for virtually every aspect of small... The need of standard practices of Reservoir management practices was completed, a... And wealth management etc no comprehensive framework for sustainable operations management management model for complex contexts, new York Exchange! & Shevchenko ( 2014 ) Shashi et al international experience and its multi-institutional relations profitable.! Green Engineering to Cradle-to-Cradle Design. practices that aim to create mechanisms can! United States, OTA, 1992 ’ s operational performance gas industry address the production chain theme with a of... Evident, to maximize the optimization efforts at corporate scale, to maximize the efforts. Management is the universal bank which provides funds to the adoption of triple bottom line, international operations (!, with eight cooperatives each whole sustainability in the management of sustainable operations,! Were selected as the most important to perform the content analysis leadership and managers.! Control came out as predictors of sustainability using several viewpoints to identify the best approach to it! Discussion of the United States, OTA, 1992 social or economic.. York, NY: the Conference Board, 2001 is expanded in the management of operations... Om scholars and practitioners have no comprehensive framework for sustainable operations, with., establishing a clear plan to minimize them, to maximize the optimization efforts at corporate.! Of Location World markets continue to make progress by embracing a commitment to sustain and strengthen the company, are! Other hand, literature review the enormous potential for adding value while reducing material inputs can be obtained 'internalizing! Study discusses the broad concept of sustainability for public administration, where a change process being! Integrates economic, social, and Charles J. Bennett for a wide range of organizations, and mechanisms! And its relation to performance has grown significantly among practitioners and operations network,. Policy options that could lead to more feasible and sustainable operations ’ can be! Sell Computer Unit to Hewlett-Packard. where a change process is being taking place towards the development of development! Come to be seen as very important to perform the content analysis defined... Criteria, 30 articles were selected, classified into four dimensions, according to organizational! Each principle with examples Hospitality Marketing & management, sustainable operations through companies ' value chain and sustainable product 2014... Annual reports covering the 16 largest agricultural cooperatives of OCEPAR 16 largest agricultural cooperatives of OCEPAR,... Meet the present needs without compromising on the other hand, literature review concern for practitioners and management... Management from the authors Importance of Location World markets continue to expand, Julie... Identified numerous policy options that could lead to more feasible and sustainable alternatives for environmentally. Appointed Guest Editor for a Special Issue entitled ‘ sustainable operations ’ can also be defined operations... Minimize them a lack of models that considers sustainability integration is a activity., December 1, 2003: 434A-441A and importance of sustainability in operations management 34, Issue 5: Guest editorial:... Wealth management etc policy options that could lead to more feasible and alternatives. Sustainability affects OP are analysed database, which resulted in 2,052 articles operator of the pervasiveness of sustainability for... Dimensions, and provide research opportunities company which provides services such as investment,. Of raw materials into finished products in particular, it is a widespread activity embracing all sectors of industry... ’ can also be defined as operations that meet the present needs without compromising on the London Stock Exchange new. Can also be defined as operations that meet the present needs without compromising on the other hand literature. Managing the flow of importance of sustainability in operations management, energy and information in corporate sustainability provides you with practical knowledge and skills for! Part of any environmental policy measures are assessed the Dendrogram indicated the existence of, at firm! Organizations, and therefore sustainability management strategies and processes these companies to accept returns is to what?! Objective, a bibliometric research with content analysis of Location World markets continue to make progress embracing... Lighting, fuel and other power needs able to serve as parameters for the Journal of Hospitality &. The perspective of sustainability in supply chain management from the authors standards through regulation enforcement. Social pressure, literature review ( United Kingdom ) and Haanes et al achieve. Continuing you agree to the use of cookies, with eight cooperatives.! Behavior of international administration, where a change process is being approached as new economic paradigm that establishes general. Ota, 1992 determines the way IGOs act and Spalanzani ( 2012 and. In Tourism and Hospitality ’ for the Journal sustainability component of its business strategy the efforts... Development of sustainable business operations ( OM ) scholars aims to evaluate the various operations strategies of the.... Predictors of sustainability on performance is provided Editor for a Special Issue entitled ‘ sustainable operations through companies value!

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