Sustainable Strategic Management:

ISBN-10: 0765635453
ISBN-13: 9780765635457
Edition: 2013
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Description: Sustainable strategic management (SSM) involves analyzing, formulating, and implementing business strategies that are economically competitive, socially responsible, and in balance with the cycles of nature. SSM has emerged from the coevolutionary  More...

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Book details

Copyright year: 2013
Publisher: M E Sharpe Inc
Binding: Paperback
Pages: 304
Size: 6.00" wide x 8.75" long x 1.00" tall
Weight: 1.254
Language: English

Sustainable strategic management (SSM) involves analyzing, formulating, and implementing business strategies that are economically competitive, socially responsible, and in balance with the cycles of nature. SSM has emerged from the coevolutionary interactions of business organizations with the society they serve and the planet they call home. SSM strategic portfolios allow organizations to create competitive advantages by serving as agents of social change and ecological protection. This book has been specifically written as a text for traditional graduate and undergraduate strategic management courses, and its short length makes appropriate as a supplementary text in these courses as well. The authors have structured the book to follow the standard strategic management process, and they have included an on going descriptive case on Eastman Chemical Company designed to provide an in-depth example of the concepts presented in the chapters. From creating organizational visions and missions, to formulating, implementing, and evaluating goals and strategies, this book provides readers with new ways of thinking about their organization's strategic role in the greater society and ecosystem now and in the future.

List of Table, Figures, and Case Exhibits
Preface
The Emergence of Sustainable Strategic Management
Case Vignette 1: Creating Value Through Sustainability at Eastman Chemical Company
The Changing Economic Worldview
Pursuing the Triple Bottom Line
Coevolution and Organizational Survival
Transformational Change: A Critical Pathway to Organizational Sustainability
From Strategic Planning to Sustainable Strategic Management
Chapter Summary
In Search of Sustainability
The Science of Sustainability
The Issue Wheel: Carrying Capacity Meets the Human Footprint
Ecological Sustainability: Management Happens on Earth
Social Sustainability: Searching for Equity
Sustainability: A New Way of Thinking
Chapter Summary
Case Vignette 2: The Meaning of Sustainability at Eastman Chemical Company
Environmental Analysis for Sustainable Strategic Management
The Coevolving Factors Determining Environmental Turbulence
The Coevolving Sectors of the Macro Environment
Traditional Industry Analysis
Business Ecosystems: Ideal Structures for Sustainable Strategic Management
The Coevolving Markets of the World
Environmental Forecasting
Chapter Summary
Case Vignette 3: A Brief Environmental History of the Chemical Industry
SSM Resource Assessment
The Resources of the Firm
SSM Resource Assessment Data-Gathering Tools
Analyzing and Evaluating Resources and Capabilities to Build Core Competencies
Creating Stakeholder Value via Eco- and Socio-Efficiency
Beyond Eco- and Socio-Efficiency: Eco- and Socio-Effectiveness
Chapter Summary
Case Vignette 4: Eco-Efficiency at Eastman Chemical Company
SSM Competitive Level Strategies
The Nature of Competitive Level Strategies
SSM Competitive Level Strategies
Strategies Dependent on Relative Competitive Position and Market Type
Chapter Summary
Case Vignette 5: Product Stewardship at Eastman Chemical Company
SSM Corporate Level Strategy
Corporate Expansion Strategies
The Build or Buy Decision
Retrenchment and Restructuring Strategies
SSM Corporate Portfolio
Chapter Summary
Case Vignette 6: Corporate Strategy at Eastman Chemical Company
Choosing and Implementing SSM Strategies
Choosing Portfolios of SSM Strategies
Instilling SSM Value Systems
Creating Meaning Beyond Profit
Designing Self-Renewing Learning Structures
Establishing Transformational Change Processes
Chapter Summary
Case Vignette 7: Strategies, Structures, and Processes for Implementing SSM at Eastman Chemical Company
Organizational Governance and Strategic Leadership in SSM
Establishing Effective Corporate Governance Mechanisms for SSM
Emerging Perspectives on Organizational Leadership
Effective Business Ecosystem Leadership
Building Trusting Relationships
Chapter Summary
Case Vignette 8: Strategic Leadership at Eastman Chemical Company
Bibliography
Index
About the Authors

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