Abstract
The paper aims to review the dominating literature and recent findings on organizational changes and sustainability strategy. The studies in the spheres of strategic management and organizational theories have common conceptual base but different approaches to the key definitions identification. Sustainability age had transformed the perception of the best practices in markets, the winners in 80-ties were focused on costs leadership, today it is urgent to offer differentiated product that is sustainability-oriented. The studies in sphere of strategic management, organizational theories and social development theories were analyzed to accumulate the knowledge about the sources and content of organizational changes towards sustainability. Two types of barriers to transformation towards sustainability were analyzed through data comparison and previous findings accumulation and generalization. General recommendations for sustainable innovations creation are offered.
Highlights
The strategic implementation and organizational changes are closely coupled since one leads to another
The studies in sphere of strategic management, organizational theories and social development theories were analyzed to accumulate the knowledge about the sources and content of organizational changes towards sustainability
The organizational change takes place in daily routine of any organization, and the clear framework of the strategic decisions is required to build-up the comprehensive model of diagnosing and reproducing the successful changes taking into account modern tendencies in a sphere of green innovations
Summary
The strategic implementation and organizational changes are closely coupled since one leads to another. In modern turbulent business environments, the sustainability of development becomes the urgent task for the manager. Hanna Shvindina, Ph.D., Associate Professor, Department of Management, Sumy State University, Ukraine. The link between business models and corporate sustainability (Schaltegger et al, 2016) is new emerging stream in research. On organizational theories and strategy to identify new challenges in the field or organizational changes in terms of sustainability. The third section contains organizational changes theory as a part of business models based on sustainability. The discussion with new questions for further research is presented in the last section of the paper
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