Sustainable Business Development: Inventing the Future Through Strategy, Innovation, and Leadership

Cover......Page 1
Half-title......Page 3
Title......Page 5
Copyright......Page 6
Dedication......Page 7
Contents......Page 9
Figures......Page 14
Tables......Page 18
Boxes......Page 21
Abbreviations......Page 23
Acknowledgments......Page 28
The coming of age of sustainable business development......Page 29
Philosophy and purpose of the book......Page 33
References......Page 36
Part I Enterprise thinking, the driving forces of change, and leadership......Page 37
Overview......Page 41
Focus......Page 45
The framework of the book......Page 46
The business perspective......Page 47
The scholarly and academic perspective......Page 53
Perspectives of leading organizations......Page 56
The transformational process......Page 59
Linking SBD with sustainability......Page 61
Markets’, customers’, and stakeholders’ perspectives......Page 68
Developing an SBD program......Page 71
Leading change through innovation theory and reality......Page 79
Technological innovation for SBD......Page 87
Incremental product innovation and radical technological innovation......Page 89
Overview of LCT and LCA......Page 90
Summary......Page 92
Research questions......Page 94
Notes......Page 95
References......Page 97
Introduction......Page 100
Historical circumstances......Page 102
The changing landscape of twenty-first-century enterprise thinking......Page 103
The embedded management systems of sustainable enterprise management......Page 108
The power and problems associated with enterprise thinking and management......Page 111
An enterprise management model......Page 116
The primary dimensions: value networks......Page 118
The secondary dimensions: external structure......Page 119
The industry dimensions: industry structure......Page 121
Philosophical perspectives......Page 125
The value proposition......Page 129
The strategic process for inventing the future......Page 137
Scanning the business environment......Page 138
Interpreting the importance of change......Page 139
Assessing the opportunities, challenges, and constraints......Page 140
Understanding organizational capabilities......Page 141
Constructing the vision statement......Page 143
Selecting principles for decision-making......Page 146
Overarching objectives of SBD......Page 149
Formulating grand strategies and gaining acceptance......Page 153
Planning, developing, and implementing programs for SBD......Page 155
The strategic logic for SBD......Page 159
Enhancing corporate reputation......Page 161
Obtaining sustainable competitive advantages......Page 163
Reducing costs and saving money......Page 166
Sustainability rating and tracking of global corporations......Page 168
Summary......Page 170
Learning objectives......Page 172
Notes......Page 173
References......Page 176
Introduction......Page 178
Creating a conceptual framework for strategic analysis and systems integration......Page 181
Context......Page 185
Capabilities......Page 188
Constructs......Page 189
Computations......Page 191
Business models: strategies, systems, structure, and solutions......Page 193
Strategies......Page 196
Systems......Page 200
Subsystems and processes......Page 201
Structure......Page 203
Solutions......Page 204
Feedback......Page 207
Strategy formulation......Page 208
The framework for developing strategies and their lineage......Page 211
Design and development strategies......Page 214
Overview......Page 224
Performance evaluation from a global perspective......Page 225
Summary......Page 236
Research questions......Page 238
Notes......Page 239
References......Page 240
Introduction......Page 241
The underlying forces: social, political, economic, and environmental conditions......Page 243
Perspectives on the business environment and strategic thinking......Page 246
A normative process for analyzing the business environment......Page 249
Scanning......Page 250
Monitoring......Page 252
Forecasting the implications......Page 253
Assessing......Page 255
The social dimensions......Page 256
The political milieu......Page 261
The regulatory milieu......Page 263
The economic environment for SBD......Page 266
Fundamentals of the economics of SBD......Page 268
Modifying the concepts of supply and demand......Page 269
Managing private and social costs......Page 270
Economic analysis, B/C analysis, and the value proposition......Page 276
Life cycle costing......Page 277
The historical trajectory......Page 283
Environmental factors: causes, effects, and related impacts......Page 285
Summary......Page 292
Learning objectives......Page 294
Notes......Page 295
References......Page 297
Introduction......Page 298
Globalization and connectedness......Page 299
Market and competitive intensity......Page 303
Market expectations......Page 305
Life style considerations......Page 306
The ‘‘license to operate’’......Page 313
Integrating stakeholder management into corporate considerations......Page 317
Building integrity in the marketplace......Page 321
Dual-sided marketing......Page 327
Corporate reporting......Page 332
Overview......Page 342
Connecting with supply networks......Page 343
Connecting with EoL considerations......Page 351
Summary......Page 358
Research questions......Page 360
Notes......Page 361
References......Page 363
Introduction......Page 364
Executive leadership in the twenty-first century......Page 367
Leading change in the world of SBD......Page 370
Strategic leadership for energizing performance......Page 376
The changing landscape of the underlying capital of the corporation......Page 377
Transforming an experiential-based business model to one based on learning......Page 378
The implicit and explicit aspects of future needs......Page 380
Developing and improving core capabilities......Page 382
Converting organizational structure into enterprise-wide capabilities......Page 389
Linking people across the enterprise......Page 392
Resistance to change and its implications......Page 395
Mitigating resistance to change and shaping a SBD culture......Page 398
The agile enterprise......Page 401
Summary......Page 403
Learning objectives......Page 404
Notes......Page 405
References......Page 407
Part II Innovation management, life cycle considerations, and insights......Page 409
Introduction......Page 413
Overview......Page 415
Technology: the cause or the solution?......Page 416
Stability, change, and the technology portfolio......Page 419
Categories of technologies......Page 421
Technology life cycle......Page 423
Types of development programs......Page 427
Determining strategic actions based on driving forces......Page 429
Preemptive strategic actions......Page 433
Innovative strategic actions......Page 436
Creative strategic actions......Page 438
Overview......Page 440
Technological forecasting......Page 442
Technology assessment......Page 443
Overview......Page 444
Selecting the right technology strategy......Page 448
Overview......Page 452
Managing radical technological innovation......Page 454
Overview......Page 458
The principles of technological innovation......Page 459
Fusion of technologies......Page 461
Product and process innovation......Page 466
Summary......Page 467
Learning objectives......Page 468
Notes......Page 469
References......Page 471
Introduction......Page 472
SBD innovation program types......Page 474
Selection approaches......Page 475
Options in selecting programs......Page 481
Framework for selecting development programs......Page 483
Opportunities for SBD programs......Page 485
Screening process......Page 487
Improvement and development program management......Page 491
Incremental ‘‘process improvement’’: the five-phase DMAIC Six-Sigma methodology......Page 493
Incremental ‘‘product improvement’’: the five-phase DMADV Six-Sigma methodology......Page 497
Design for sustainability and IPD......Page 501
Idea generation......Page 503
Concept development and selection......Page 504
Program definition......Page 507
Design and development......Page 511
Pre-launch......Page 513
Overview......Page 514
Discovery......Page 516
Definition......Page 520
Development......Page 521
Demonstration......Page 528
Summary......Page 531
Research questions......Page 532
Notes......Page 533
References......Page 534
Introduction......Page 535
Fundamentals of LCT......Page 537
Philosophy of LCT......Page 540
Leading change through life cycle considerations......Page 541
Systems integration in the LCT context......Page 542
The traditional life cycle management model......Page 546
Integrating life cycle considerations with product delivery......Page 547
Integrating life cycle management with product development......Page 550
Principles of design and development using LCT......Page 552
Linking LCT and business considerations......Page 555
Overview......Page 557
Linking the framework......Page 560
Establishing criteria......Page 561
Incorporating suppliers in the design equation......Page 564
Linking the distribution channels......Page 565
The customer value proposition......Page 566
Preliminary research......Page 573
Research methodology......Page 575
Summary......Page 576
Notes......Page 578
References......Page 579
Introduction......Page 580
Initiation......Page 582
Inventory assessment......Page 583
Impact assessment......Page 584
LCA from a development perspective......Page 587
Overview......Page 588
Protecting the business environment and improving the management system......Page 590
Determining the LCA framework......Page 591
Defining the main elements......Page 597
Goal setting......Page 598
Purpose and concerns......Page 599
Systems and processes......Page 600
Boundaries and limits of LCA......Page 604
Baselines and standards......Page 606
Mass and energy balance......Page 609
Flow diagram......Page 610
Yield and efficiency......Page 612
Specifications for inventory assessment......Page 613
Material consumption......Page 614
Energy consumption......Page 618
Waste generation......Page 621
Integrated flow......Page 623
The effects of reuse and recycling......Page 624
Projections based on inventory assessments......Page 627
Deploying inventory assessment......Page 629
Summary......Page 630
Learning objectives......Page 631
Notes......Page 632
References......Page 633
Introduction......Page 634
Definitions and categories......Page 635
The impact assessment process......Page 643
Identifying impacts......Page 644
Assigning responsibility for mitigating impacts......Page 650
The severity and the likelihood of impacts......Page 652
Reassessing needs and objectives......Page 653
Screening and selecting improvement initiatives......Page 654
Overview......Page 657
Developing and implementing tactical improvements......Page 659
The benefits of improvement assessment......Page 661
Minimizing uncertainties and risks......Page 662
Performance evaluation and metrics......Page 664
Summary......Page 672
Research questions......Page 673
References......Page 674
Introduction......Page 675
Global challenges of the twenty-first century......Page 677
Enterprise thinking and leading change: SBD, the new paradigm......Page 681
The paradigm shift......Page 683
Moving toward more ideal solutions......Page 691
Leading change......Page 694
Dynamic management construct for leading change in the twenty-first century......Page 696
Business model innovation......Page 698
The future of enterprise management......Page 702
Future of SBD......Page 703
From theory to reality......Page 705
Inventing the future......Page 706
Concluding comments......Page 708
Notes......Page 715
References......Page 716
Glossary......Page 718
Enterprise thinking......Page 746
Environmental management......Page 747
Strategy management......Page 748
Sustainable development......Page 749
Index......Page 750