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Books > Business & Economics > Business & management > Business negotiation
This open access edited volume explores the past, present, and future of artificiality and sustainability in entrepreneurship - the unforeseen consequences and ways to advance to a sustainable future. In particular, it connects artificiality, sustainability and entrepreneurship, intertwining artificial with the specific phenomenon of those novel digital technologies that provoke continuous and significant change in our lives and business. Unlike digital entrepreneurship research, which focuses on digital technology development and management, this book covers processes and mechanisms of sustainable adaptability of entrepreneurs, the business logic of start-ups, and the collaborative behaviours under the mass digital transformation, including the prevalence of artificial intelligence. Some of the questions that this book answers are as follows: How has entrepreneurship reacted to such challenges previously? What lessons have been learned and need to be carried forward? How can entrepreneurship and the artefacts of entrepreneurship respond to current challenges? What should be the mindset of the entrepreneur to assure sustainable adaptation? How to embrace and embed the new business logic?
This is the first book that employs economics to develop and apply an analytical framework for assessing progress towards the Sustainable Development Goals (SDGs). The authors explore the historical context for the underlying sustainability concept, develop an economics-based analytical framework for assessing progress towards the SDGs, and discuss the implications for sustainability policy and future research. Economics is concerned with analysing the trade-offs in allocating scarce means to achieve various ends. Thus, economic methods are ideally suited to assessing how progress towards one or more SDGs may come at the expense of achieving other goals. Such interactions are inevitable in meeting the 2030 Agenda over the next decade, given that the SDGs include different economic, social, and environmental elements. Although it may be possible to make progress across all 17 goals by 2030, it is more likely that improvement toward all goals will be mixed. For example, we may have reduced poverty or hunger over recent years, but the way in which this progress has been achieved - e.g. through economic expansion and industrial growth - may have come at the cost in achieving some environmental or social goals. On the other hand, progress in reducing poverty is likely to go hand-in-hand with other important goals, such as eliminating hunger, improving clean water and sanitation, and ensuring good health and well-being. Assessing these interactions is essential for guiding policy, so that countries and the international community can begin implementing the right set of environmental, social and economic policies to achieve more sustainable and inclusive global development.
This book addresses the dilemma that firms face in engaging in corporate social responsibility (CSR) while maintaining a financially sustainable business model in the era of digital transformation. Several strategies that firms have taken to integrate CSR within the business model are also highlighted. To explicate the problems involved, the book primarily focuses on entrepreneurial ventures, given their nascent business model that best illustrates how business leaders can embed the social mission in the firm at the beginning of organizational founding. In this age, sustainability is an innovation's new frontier. For sustainable competitive advantage, the book argues for how companies can build more sustainable products, processes, and practices that benefit the firm and society through maintaining an entrepreneurial philosophy. The target readership consists of academics, students, and practitioners in the areas of entrepreneurship, organizational behavior, organizational theory, and strategic management. This book clarifies the critical practices of sustainability-oriented innovative firms and creative small and medium-sized enterprises (SMEs). Through a review of recent trends in CSR, the authors emphasize that CSR is no longer a "bolt-on" or some kind of window-dressing to satisfy public relations (PR) needs. Credible CSR is critical to business legitimacy and sustainability. Aware of the public's increasing scrutiny, companies are increasingly ramping up their focus on social responsibility, whether by championing women's rights, protecting the environment, or attempting to obliterate poverty, on local, national, or global levels. Simultaneously, more firms face accusations of "greenwashing" - backlash due to consumer mistrust in the intentions behind their CSR practices. While numerous works have highlighted this dilemma and how companies fall short in their prosocial goals or financial objectives (or both), there is a lack of understanding of the ingredients and crucial processes required for the successful implementation of CSR in entrepreneurial enterprises. This book serves to fill that gap.
This book is presented to demonstrate how energy efficiency can be achieved in existing systems or in the design of a new system, as well as a guide for energy savings opportunities. Accordingly, the content of the book has been enriched with many examples applied in the industry. Thus, it is aimed to provide energy savings by successfully managing the energy in the readers' own businesses. The authors primarily present the necessary measurement techniques and measurement tools to be used for energy saving, as well as how to evaluate the methods that can be used for improvements in systems. The book also provides information on how to calculate the investments to be made for these necessary improvements and the payback periods. The book covers topics such as: * Reducing unit production costs by ensuring the reduction of energy costs, * Efficient and quality energy use, * Meeting market needs while maintaining competitive conditions, * Ensuring the protection of the environment by reducing CO2 and CO emissions with energy saving and energy efficiency, * Ensuring the correct usage of systems by carrying out energy audits. In summary, this book explains how to effectively design energy systems and manage energy to increase energy savings. In addition, the study has been strengthened by giving some case studies and their results in the fields of intensive energy consumption in industry. This book is an ideal resource for practitioners, engineers, researchers, academics, employees and investors in the fields of energy, energy management, energy efficiency and energy saving.
This book provides a comprehensive assessment of how local corporate water strategies influence global water governance objectives. In various geographies, companies spearhead a quest for more sustainable water management within and beyond their own operations. This book critically examines such strategies and provides an overarching analysis of the effects that mounting corporate involvement has had on the global water discourse. More specifically, it explains why companies from the food, beverage, textile, and mining sectors have started to incorporate water management objectives into their business strategies, how companies work in partnerships with other stakeholders to realize these objectives, and how these actions acquire wider political legitimacy. It presents insightful interview material from business leaders and other high-level stakeholders. Readers will gain the necessary knowledge to develop a critical view and respond appropriately.
This open access book focuses on the issue of sustainability standards from the perspective of both global governance frameworks and emerging economies. It stems from the recognition that the accelerated pace of economic globalization has generated production and consumption patterns that are generating sustainability concerns. Sustainability standards (and regulations) are increasingly being used in a bid to make global consumption and production more sustainable. Given the dense inter-connectedness of economic affairs globally, the use of sustainability standards has become a concern of global governance, who face the challenge of achieving a balance between the use of standards for genuine sustainability objectives, and not allowing them to turn into instruments of protectionism or coercion.The emerging economies, given their increasing engagement with the global economy, are most impacted by the use of sustainability standards. The emphasis of 'emerging economies' in this book is retained both by using case studies from these economies and by collating perceptions and assessments of those located in these economies. The case studies included span sectors such as palm oil, forestry, food quality, vehicular emissions and water standards, and address the problems unique to the emerging economies, including capacity building for compliance with standards, adapting international standards in domestic contexts and addressing the exclusion of small and medium enterprises etc. Complex interfaces and dynamics of a global nature are not limited to the thematic of this book but also extend to the process through which it was written. This book brings together insights from developed as well as emerging economies (Germany, India, Mexico, Brazil, Indonesia, Pakistan, Mexico and China). It also brings together scholars and practitioners to jointly ponder upon the conceptual aspects of the global frameworks for sustainability standards. This book is a very useful resource for researchers and practitioners alike, and provides valuable insights for policy makers as well.
This book aims, through its chapters, at providing the knowledge to make competent decisions, convince peers or top management to take appropriate action, or beat out the competition for climate adaptation measures including adjustments for design and operations. Topics discussed include business-as-usual vs. divergence; the effects of public pressure on corporate, industrial and government decision making; techniques for gathering the proper information to assess risks and hazards; the importance determining risk tolerance thresholds; the difference between tolerable risks, intolerable ones that benefit from mitigation and those that require strategic shifts; why common practice approaches such as FMEA, and risk matrices are inadequate in today's world and do not help ensure infrastructural and systemic resilience and sustainability. Case histories and three complete case studies that can be adapted to any industry or project walk the reader step by step from client request to recommendations and conditions of validity. The ultimate aim is to understand how to reduce risks to tolerable and societally acceptable levels while simultaneously creating sustainable and ethical systems.
This book tackles the ethical problems of the "Fourth Industrial Revolution" (4IR) and offers readers an overview of the ethical challenges connected to Artificial Intelligence (AI), encryption and the finance industry. It specifically focuses on the situation of females in these industries, from women lawyers, judges, attorneys-at-law, investors and bankers, to portfolio managers, solicitors and civil servants. As the 4IR is more than "just" a technology-driven transformation, this book is a call to policymakers and business leaders to harness new technologies in order to create a more inclusive, human-centered future. It offers many practical cases of proactive change agents, and offers solutions to the ethical challenges in connection with implementing revolutionary disruptive products that often eliminate the intermediary. In addition, the book addresses sustainable finance in startups. In this context, education, training, agility and life-long learning in financial literacy are some of the key solutions highlighted here. The respective contributors supply a diverse range of perspectives, so as to promote a multi-stakeholder approach.
This book is a pioneering work to position the creative city concept within Malaysian urban development discourse. The chapters are written and systematically sequenced to be all-encompassing and comprehensible to audiences both from the academic and non-academic realms. The nascency of creative city development in Malaysia has motivated the timely exploration of the viability of this strategy for selected Malaysian cities (i.e. Kuala Lumpur, George Town, Ipoh, Johor Bahru). The book also discusses the global discourse on creative city and its critiques. This is followed by an overview of Malaysia's macrolevel socio-economic and political structures as well as national policies to frame the Malaysian creative city narrative. The case study chapters are novel, as each Malaysian city unravels its unique experiences and dissects the way the city responds to the creative city agenda amidst local nuances and idiosyncrasies.
This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring 'cost' driven innovations to being more 'resourceful' and 'sustainable' at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.
This book seeks to understand how society and businesses are affected by, and respond to, the coronavirus crisis in various parts of the world. The volume explores: new CSR perspectives given the pandemic situation; SME perspectives and responsibility during the early stages of the pandemic; how large companies responded to the crisis; the challenges and opportunities provided by the use of digital technologies; and how leaders, entrepreneurs and individuals manage in uncertain times. Pulling together conceptual and empirical studies from Spain, Mexico, Sweden, Nigeria, Ghana and Kuwait , the book offers a truly international perspective as it examines how the pandemic has challenged a number of existing CSR assumptions, concepts and practices. It will be valuable reading for academics working in the fields of management, CSR, sustainability and crisis management. Anna Soerensson is assistant professor and researcher in Department of Economics, Geography, Law and Tourism at Mid Sweden University, Sweden. Besrat Tesfaye is Associate Professor of Business Administration at Soedertoern University, Sweden. Anders Lundstroem is professor emeritus at Mid Sweden University and managing director at the IPREG (The Institute of Innovative Entrepreneurship), Sweden. Georgiana Grigore is Associate Professor in Marketing at University of Leicester, UK. Alin Stancu is Professor at the Bucharest University of Economic Studies, Romania.
The make-take-waste paradigm of fast fashion explains much of the producer and consumer behavior patterns towards fast fashion. The evolution from a two-season fashion calendar to fast fashion, characterized by rapid product cycles from retailers and impulse buying by consumers, presents new challenges to the environment, workplace and labour practices. This book provides a comprehensive overview of new insights into consumer behaviour mechanisms in order to shift practices toward sustainable fashion and to minimize the negative impacts of fast fashion on the environment and society. Concepts and techniques are presented that could overcome the formidable economic drivers of fast fashion and lead toward a future of sustainable fashion. While the need for change in the fashion industry post-Rana Plaza could not be more obvious, alternative and more sustainable consumption models have been under-investigated. The paucity of such research extends to highly consumptive consumer behaviours regarding fast fashion (i.e. impulse buying and throwaways) and the related impediments these behaviours pose for sustainable fashion. Written by leading researchers in the field of sustainable fashion and supported by the Textile Institute, this book evaluates fashion trends, what factors have led to new trends and how the factors supporting fast fashion differ from those of the past. It explores the economic drivers of fast fashion and what social, environmental and political factors should be maintained, and business approaches adopted, in order for fast fashion to be a sustainable model. In particular, it provides consumer behaviour concepts that can be utilized at the retail level to support sustainable fashion.
Sustainability is not unique to health, yet sustainability is a unique vehicle for promoting healthy values. This book challenges healthcare leaders to think through the implications of our decisions from fiscal, societal and environmental perspectives. It links health values with sustainability drivers in order to enlighten leadership about the value of sustainability as we move toward a new paradigm of health. Fully updated for the second edition, the book now includes case studies about: Waste disposal and cost Chemicals of concern Cost of water Green building ratings This book is a unique resource for researchers, students and professionals working in health and healthcare management because the book connects key concepts of environmental sustainability with healthcare operations. Readers will gain an appreciation for translating leadership priorities into sustainability tactics with beneficial operational outcomes.
This book discusses corporate citizenship, corporate responsibility and business ethics across Africa generally, and Botswana specifically. It begins by contextualizing Botswana within the broader context of Africa, using nine other countries - Angola, Cameroon, Ghana, Kenya, Nigeria, South Africa, Zambia and Zimbabwe - to provide a comparative perspective, examining the common factor: that weak legalization makes it challenging for corporate social responsibility to be actualized.From this background, the book then discusses Botswana as a key study. Botswana has been described as 'Africa's economic miracle' due to its growing economy since independence This puts it in a unique position for the implementation and study of corporate social responsibility. The interdisciplinary team of authors employ various research methods to examine the complex relationship between business, society, corporations and social justice issues.This book will be valuable reading for any academic working on corporate social responsibility in Africa, and will present an interesting insight to an often neglected area of study. France Maphosa is a Professor of Sociology at the University of Botswana. His research interests include migration and transnationalism, the sociology of entrepreneurship, corporate social responsibility, urban and rural livelihoods, labour studies and alternative dispute resolution (ADR). Langtone Maunganidze is a Senior Lecturer in the Faculty of Social Sciences at the Midlands State University in Zimbabwe. His research interests include industrial sociology, business and society, rural livelihoods and sustainable development, and entrepreneurship.
As environmental legislation grows more stringent in response to the escalating climate crisis, some of the world's largest corporations have adopted fraudulent mechanisms to keep their margins of profit, and achieve improper competitive advantage. Such mechanisms can lead to problems in the supply chain, a decrease in market value, diminished trust in brands, increased surveillance of companies, as well as damage to the environment. This book offers a holistic view of the nature and consequences of environmental fraud, bringing together practical examples, empirical research data, and management theory. It will be of interest to academics working in the fields of sustainability management, business ethics, and corporate social and environmental responsibility.
This book focuses on threats, especially contaminants, to drinking water and the supply system, especially in municipalities but also in industrial and even residential settings. The safety, security, and suitability landscape can be described as dynamic and complex stemming from necessity and hence culpability due to the emerging threats and risks, vis-a-vis globalization resulting in new forms of contaminants being used due to new technologies. The book provides knowledge and guidance for engineers, scientists, designers, researchers, and students who are involved in water, sustainability, and study of security issues. This book starts out with basics of water usage, current statistics, and an overview ofwater resources. The book then introduces different scenarios of safety and security and areas that researchers need to focus. Following that, the book presents different types of contaminants - inadvertent, intentional, or incidental. The next section presents different methodologies of contamination sensing/detection and remediation strategies as per guidance and standards set globally. The book then concludes with selected chapters on water management, including critical infrastructure that is critical to maintaining safe water supplies to cities and municipalities. Each chapter includes descriptive information for professionals in their respective fields. The breadth of chapters offers insights into how science (physical, natural, and social) and technology can support new developments to manage the complexity resident within the evolving threat and risk landscape.
This book addresses the status quo of Corporate Social Responsibility practices and their development since 2008. How have things changed in the practice of CSR? What new opportunities and challenges have arisen? The book reports on an international set of cases and case studies on how CSR is practiced at business and organizations in various countries. It analyzes country-specific and industry-specific issues, as well as general global issues in connection with the United Nations' Sustainable Development Goals. The contributions gathered here provide comprehensive information on CSR for both practitioners and researchers around the globe.
This book presents scheduling with a medium- and short-term focus, which makes it possible to capitalize on fleeting market opportunities while simultaneously working to reconcile economic and environmental priorities. It introduces a new mixed-integer approach to hierarchical discrete-time and continuous-time scheduling, combining aspects of production and recycling, forward and reverse logistics as well as emissions trading for multi-stage supply chain networks. Problem-specific variants of relax-and-fix heuristics and genetic algorithms are also proposed. Given its scope, the book provides a range of practical tools and new perspectives for researchers and professionals in the field of supply chain management.
Gamification is the application of game-design elements and game principles to non-game contexts, and has been used to solve problems by applying characteristics of games. Though it has principally been applied in the areas of business and education, this book seeks to expand focus beyond this, looking at how gamification can be used for social change, the development of organizations and the implementation of the UN Sustainable Development goals. Including contributors from across the glove, it draws on a rich array of case studies, from inclusivity in the workplace to ecosystems in the Amazon. A timely contribution to an exciting, growing field, this book engages with the theoretical framework and lays out the foundations for a rigorous theory-based stream of research. It will be valuable reading to scholars and practitioners interested in social change, sustainability, gamification and organizational studies. Agnessa Spanellis (PhD, MEng) is an Assistant Professor at Heriot-Watt University, Scotland and a member of the Research Centre for Logistics and Sustainability at Edinburgh Business School, leading research on gamification for sustainable development and exploring how gamification can improve social and environmental sustainability, especially in more deprived and impoverished communities in low-income counties. J. Tuomas Harviainen (PhD, MBA) works as Associate Professor of information Practices at Tampere University, Finland. Harviainen's work ranges from information sharing in creative organizations to games and gamification. He firmly believes that good research can also be a form of societal activism.
This book provides an in-depth analysis of the concept of the Circular Economy (CE), as well as an assessment of the drivers and barriers for circular practices by firms, and its implications for managers in firms and public policy makers. It includes proposals for policy frameworks and instruments that will encourage the uptake of CE practices. The book is presented in three linked parts. The first part of the book provides a broad view of the topic, put into the wider context of sustainability. In the second part, the drivers of and barriers to the uptake of the CE are analysed, with a special focus on the micro-level not seen often in the previous studies on the CE. This book is of interest to researchers, policy makers and post-graduate students in areas such as environmental management and economics.
Since the process of liberalization and opening of markets in the 1990s, the emerging markets have created a thriving culture of entrepreneurship, creativity and global collaboration. Along with these opportunities, however, there are challenges in doing business with emerging markets. This book underlines the challenges that come with managing business relationships in diverse emerging countries such as India. It also provides useful implications and conclusions for successful and profitable business ventures in emerging economies.
"The fourth sector" is a relatively new sector that consists of for-benefit organizations that combine market-based approaches of the private sector with the social and environmental aims of the public and non-profit sectors. This book examines trends of entrepreneurship in the fourth sector, describes specific ecosystems fostering new ventures around the world, and characterizes the most common and innovative business models. It covers as well the main effects, among others, of technological change, innovation, and institutional behavior on the sector in the last years.
A growing number of environmental groups focus on more sustainable practices in everyday life, from the development of new food systems, to community solar, to more sustainable fashion. No longer willing to take part in unsustainable practices and institutions, and not satisfied with either purely individualistic and consumer responses or standard political processes and movement tactics, many activists and groups are increasingly focusing on restructuring everyday practices of the circulation of the basic needs of everyday life. This work labels such action sustainable materialism, and examines the political and social motivations of activists and movement groups involved in this growing and expanding practice. The central argument is that these movements are motivated by four key factors: frustration with the lack of accomplishments on broader environmental policies, a desire for environmental and social justice, an active and material resistance to the power of traditional industries, and a form of sustainability that is attentive to the flow of materials through bodies, communities, economies, and environments. In addition to these motivations, these movements demonstrate such material action as political action, in contrast to existing critiques of new materialism as apolitical or post-political. Overall, sustainable materialism is explored as a set of movements with unique qualities, based in collective rather than individual action, a dedication to local and prefigurative politics, and a demand that sustainability be practiced in everyday life - starting with the materials and flows that provide food, power, clothing, and other basic needs.
A profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their business. Successful firms strategically manage and are more accurate in their assessment of large-scale risks. Doing so is increasingly challenging given the pace of change, whether financial, technological, regulatory, or environmental. Mastering Catastrophic Risk provides real-world practical insights into how large companies are responding to this new reality and develops a framework for smarter thinking about events that can damage a business. As leading authorities on risk management, strategy, and company leadership, Howard Kunreuther and Michael Useem take us on a groundbreaking tour of firms' decision making process. They demonstrate how improving readiness for and resilience against future shocks is now an integral part of company strategy. Using the "DISRUPT" model they have developed, they highlight the seven primary Drivers of disruption: Interdependencies increase exposure; Short-term focus results in limited vision; Regulations require change and constrain opportunities; Urbanization increases the costs of disasters; Probabilities of disasters have increased; and Transparency has enhanced public awareness of problems and impacts on firms' reputations. This updated paperback edition includes a new preface to address threats to business that have emerged or intensified in the past two years including existential threats like the coronavirus, self-inflicted calamities like the Wells Fargo customer account scandal, and natural disasters like the West Coast wildfires and hurricanes on the Atlantic. Some disruptions can be anticipated, while others arrive without warning. Their onset stresses decision makers, impairs company operations, and may even put the enterprise at risk. The bottom-line: business leaders and their governing boards face ever more challenging disruptions and must be ever more on guard. If your company is hit tomorrow, will it bounce back, or drown? |
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