'Sustainable strategic management' refers to strategic management policies and processes that seek competitive advantages consistent with a core value of environmental sustainability.
This book has been specifically written as a text to augment traditional graduate and undergraduate management courses on strategic management. It fills the need for a strategy text that gives full attention to sustainability and environmental protection. The authors have structured the book to follow the usual order of topics in any standard management text. Sustainable Strategic Management also features an on-going, chapter-by-chapter case study (Eastman Chemical Company) that exemplifies many of the principles of environmentally sound management practices.
From creating organizational visions, to formulating goals and strategies, to strategy implementation and evaluation, this book provides readers with new ways of thinking about their organizations role in the greater society and ecosystem.
Preface
1. 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
2. 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
3. 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 95
Case Vignette 3: A Brief Environmental History of the Chemical Industry
4. 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
5. 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
6. 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
7. 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
8. 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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