Towards Making a Sustainable Organization

Abstract

Sustainable development refers to an economic, environmental, and social development aspect that meets the demands of the contemporary context and does not prevent future generations from fulfilling their requirements. In this perspective, businesses play an imperative role. However, studies reveal that the progress towards sustainable development has been slow, indicating the need for more concrete guidance that would allow businesses to act strategically and successfully in a sustainable way. There are three distinct, but complementary, dimensions of strategic management as viewed from the perspective of sustainability in order to encourage the integration of sustainability issues into corporate activities and strategies. This chapter looks through various aspects of sustainability towards making a sustainable organization through a vertical literature review. This theoretical discussion contributes to existing research to find relationships between strategic management and sustainable development and tries to provide a schema for further empirical research.