Integrating Sustainability with Corporate Strategy to Enhance Organizational Performance

Vir Ved Ratna
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Abstract

The purpose of this study is to review and analyze the sustainability practices performed by the organizations so as to enhance their performance and retain their place in the competitive environment. The nstudy will also critically examine the reasons behind the adoption of corporate sustainable practices by Indian organizations. Further, the scope and benefits of the integration of the traditional Indian values in the corporate sustainable strategies have been explored along with the contribution of the sustainable corporate practices in the betterment of the environment. To attain the stated objectives, the current literature in the said study domain has been critically appraised. The study reveals confounding results, where it is found that the fundamental factor that forced the corporates to integrate sustainable practices in their processes is the pressure from the government and the local community prevailing in the place where the organization is operational. This review offers valuable areas which can be further pursued by academicians in the present domain of research.
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整合可持续发展与企业战略,提高组织绩效
本研究的目的是审查和分析组织的可持续发展实践,以提高他们的绩效和保持他们在竞争环境中的地位。该研究还将严格审查印度组织采用企业可持续实践背后的原因。此外,还探讨了将传统印度价值观融入企业可持续发展战略的范围和效益,以及可持续企业实践对改善环境的贡献。为了达到既定的目标,目前在上述研究领域的文献已被批判性地评估。该研究揭示了令人困惑的结果,其中发现,迫使企业在其过程中整合可持续实践的根本因素是来自政府和当地社区的压力,这些压力在组织运营的地方普遍存在。这篇综述提供了有价值的领域,可以进一步追求的学者在目前的研究领域。
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来源期刊
Purushartha
Purushartha Arts and Humanities-Philosophy
CiteScore
0.40
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0.00%
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0
期刊介绍: The Journal ‘Purushartha’ has been started with an objective to focus primarily on: Blending of ancient Indian management thoughts with the modern management principles Business ethics Values Indian spirituality for modern business It is strongly felt that there are many unexplored dimensions and fewer researches have been done on the above subjects. Through this journal an effort has been made to explore those dimensions for enriching the modern management science. It is worth mentioning that our effort through this journal for blending ancient Indian wisdom, ethics, values and spirituality with modern management thoughts primarily derived from West is being appreciated by the academia and industry as well.
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