scholarly journals Triple Bottom Line toward a Holistic Framework for Sustainability: A Systematic Review

Author(s):  
Vittoria Loviscek

ABSTRACT Context: 25 years after it was coined, the triple bottom line (TBL) is now considered a failure by its own author. The concept can be considered the foundational base for the development of a necessary new business model for sustainable operations management. Objective: this paper aims to present systematic literature updates, controversies, limitations, and future framework developments of the TBL concept presented by Elkington in 1998. Methodology: through a systematic literature review spanning from 1998 to 2019, considering two main bibliographical databases, it was possible to evaluate the use of the concept in the sustainability literature. Results: the main results present that the concept has not lost its credibility; on the contrary, it reached its peak in the past five years, due to environmental and societal pressures. Also, it has been used inadequately considering only two of its three spheres (either financial and social, or financial and environmental). Conclusion: the study also exposes capabilities that if included to the TBL concepts can result into success of the business model. Therefore, our aim is to scrutinize how the concept has been used along these years, reflect on its impact in the academia and the business segment, and draw some conclusions on future research agenda and the transition toward a holistic framework for sustainable operations.

2016 ◽  
Vol 6 (1) ◽  
pp. 34
Author(s):  
I Wayan Bayu Diatmika

<p><strong>Abstract</strong></p><p>Business practices currently doctrine strongly by capitalist ideology. Business applied to get the optimal profits, no matter how do they obtain it. At the end, businesses increasingly move with concern on their own profit and do not concern on other parties who are affected by the business. The business orientation as this model will only give pleasures to the owner of business. This article discusses on the new model that reconstruct the capitalistic (conventional) business. New business model formed by combining the triple bottom line (TBL), tri hita karana (THK), Pancasila ideology, and the full disclosure based on the ethics that refers to the deontology theory. The combination of those concepts form the new business model that arranged by three foundation which connected each other that are basic foundation, then the fundamental foundation, and the last was the full disclosure foundation. The basic foundation of the business model is the concept of ethics deontology which came through good intentions. The good intentions were then be backed by fundamental foundation that is a combination of triangle TBL and THK. The culmination of a combination of TBL and THK welfare is the creation that is the root of pro human, nature, advantages, and the God .The last foundation, the full disclosure, like a flowers that bloom from the bushes, this is visualize business that will be seen by public through information that distributed by the business. The core of the notion of the business model is essentially on the foundation, namely deontologist approach, or approach based on good intentions action or obligation to follow the God values. As strong as any business model organized, good intentions are the only bricks strongest to it.</p><p><strong>Abstrak</strong></p><p>Praktik bisnis saat ini didoktrin kuat oleh ideologi kapitalis. Bisnis dijalankan untuk memperoleh keuntungan yang sebesar-besarnya, tidak peduli dengan cara apa keuntungan tersebut didapatkan. Pada akhirnya, bisnis kian bergerak dengan hanya mementingkan kepentingannya atas keuntungan dan tidak mempedulikan kepentingan dari pihak-pihak lain yang dipengaruhi oleh bisnis tersebut. Orientasi bisnis seperti ini pada akhirnya hanya akan memberikan kenikmatan kepada pemilik-pemilik dari bisnis tersebut.Artikel ini membahas mengenai suatu model baru yang merekonstruksi model bisnis kapitalistik (konvensional). Model bisnis baru dibentuk dengan mengkombinasikan konsep triple bottom line (TBL), tri hita karana (THK), ideologi Pancasila, dan pengungkapan penuh dengan berdasarkan pada landasan etika sesuai dengan teori deontologi. Pengkombinasian dari konsep-konsep tersebut melahirkan suatu model bisnis baru yang tersusun dari tiga pondasi yang saling berkaitan satu dengan lainnya yakni pondasi dasar atau basic foundation, kemudian pondasi fundamental atau fundamental foundation, dan yang terakhir adalah pondasi konsep pengungkapan penuh.Pondasi dasar dari model bisnis ini ialah konsep etika deontologi yang diturunkan melalui niat baik. Niat baik tersebut kemudian akan disokong oleh pondasi fundamental yang merupakan kombinasi dari segitiga TBL dan THK. Puncak dari kombinasi dari TBL dan THK ialah terciptanya kesejahteraan yang merupakan akar dari keberpihakan terhadap manusia, alam, keuntungan, dan Tuhan. Pondasi terakhir, konsep pengungkapan penuh, ibarat bunga yang mekar dari pohonnya, inilah visualisasi bisnis yang akan dapat dilihat oleh publik melalui informasi-informasi yang disebarkan oleh bisnis. Inti dari gagasan model bisnis ini ialah pada pondasi dasarnya, yakni pendekatan deontologis, atau pendekatan tindakan berdasarkan niat baik atau kewajiban untuk mengikuti nilai-nilai firman Tuhan. Sekuat apa pun model bisnis ini disusun, niat baik adalah satu-satunya batu bata terkuat untuk menopangnya.</p>


Author(s):  
Jackie Victor

When Jackie Victor and her then partner, Ann Perrault, opened Avalon International Breads on Willis Street in June 1997, they challenged the narrative that Detroit was closed for business. They were one of the first new businesses to open in Midtown and the success of their business helped to change the narratives about Detroit. In this interview, Jackie Victor discusses her triple bottom line (earth, community, employees) business model, the role that Avalon played in gentrification and changes in Midtown, the challenges still facing Detroit, such as growing economic, social and spatial inequality and the role that businesses and entrepreneurs play in shaping cities


Author(s):  
Pavitra Dhamija

Competent intellectual capital is one of the most essential wealth that an organization requires in the present era of cutthroat competition. Operations management is nothing but management of operational processes in every big and small organization, and such activities constitute a major chunk of all organizational activities. Therefore, the present work targets to explore the association between intellectual capital and operational excellence, review of already conducted studies in the said area, and future directions through systematic literature review process. A total number of 165 articles provided by Scopus database (2010 to 2019) is used for analysis and interpretation. Bibliometric analysis and network analysis deliver significant clusters (operations management and optimization; intellectual capital and intellectual investment; knowledge management and decision support system; strategic planning and resource allocation; sustainable operations management and performance standards; behavioural research and change management), which is in turn a novel contribution of this article. The study concludes with a proposed conceptual model and key take away for researchers, academicians, and managers.


2017 ◽  
Vol 10 (2) ◽  
pp. 85
Author(s):  
Francisco Sperotto Flores ◽  
Iuri Gavronski ◽  
Vinicius Nardi ◽  
Roselei Haag

2018 ◽  
Vol 11 (12) ◽  
pp. 89 ◽  
Author(s):  
S. Sapukotanage ◽  
B.N.F. Warnakulasuriya ◽  
S.T.W.S. Yapa

Maintaining sustainable operations has become a major responsibility of practitioners. Sustainable practices are executed to ensure sustainable performance. Many studies conducted to examine the outcomes of sustainable practices have focused either on the economic outcomes, social outcomes or environmental outcomes of such operations disregarding the Triple Bottom Line Approach to evaluating sustainable performance. Among them the majority have focused on environmental outcomes. Less focus is placed on developing countries or countries in South Asia. Against this background this paper aims to examine the outcomes of sustainable practices towards sustainable performance of manufacturing firms in a developing nation in South Asia. A study was conducted among 154 apparel manufacturing and exporting firms of Sri Lanka in relation to their sustainable practices and sustainable performance as members of supply chains. The sustainable practices were studied in relation to orientation, collaboration, continuity, risk management and pro-activity while sustainable performance was analyzed along economic performance, social performance and environmental performance of these firms. The findings were analyzed using Variance Based Structural Equation Modelling (Partial Least Squares) and it revealed that sustainable practices lead to sustainable performance even in the context of a developing nation in South Asia, highlighting the importance of the execution of sustainable practices irrespective of the level of development of a nation.


Author(s):  
Arash Najmaei

Today’s world of business is increasingly witnessing exemplary firms which introduce new business models, exploit new markets and disrupt established firms in order to create a unique competitive position. Although the theoretical and conceptual posture of this phenomenon is well grounded and explained in the extant literature on disruptive innovation, little is known about strategic logic of this phenomenon. In other words, the managerial paradigm or cognitive and mental model that underlies the orchestration of micro- and macro-organizational mechanisms of a disruptive move, such as market and technological knowledge, have surprisingly received little attention. In this sense, an analytical review of literature suggests that strategic logic of a disruptive technology can be well presented through the lens of business model (BM) and its innovation. Accordingly, it is argued that business model represents a mental model which underlines activities such as acquisition of market and technological insights, opportunities and requisite actions required for transforming a disruptive idea into a disruptive market movement. This view offers new insights into the study of disruptive phenomenon. It addresses the managerial (i.e. mental model) underpinnings of disruptiveness, instead of market, economical and technological dimensions. Business model innovation (BMI) is a disruptive change in the core logic of value creation and capture. It is a value-revolutionizing framework which explicitly delineates the strategic processes of a disruptive strategy. Thus, it is essentially a paradigm for strategizing the craft of disruptive innovation (technology). Given this view, this chapter conceptually explicates this contour and shows how BMI effectuates a disruptive technological phenomenon by presenting four propositions. Finally theoretical and managerial implications of this view are illuminated in order to furthering the practice and enhancing future research in this growing field of inquiry.


2020 ◽  
Vol 21 (4) ◽  
pp. 438-477
Author(s):  
Bryan R Early ◽  
Menevis Cilizoglu

Abstract Policymakers employ economic sanctions to deal with a wide range of international challenges, making them an indispensable foreign policy tool. While scholarship on sanctions has tended to focus on the factors affecting their success, newer research programs have emerged that explore the reasons for why sanctions are threatened and initiated, the ways they are designed and enforced, and their consequences. This scholarship has yielded a wealth of new insights into how economic sanctions work, but most of those insights are based on sanctions observations from the 20th Century. The ways that policymakers employ sanctions have fundamentally changed over the past two decades, though, raising concerns about whether historically derived insights are still relevant to contemporary sanctions policies. In this forum, the contributors discuss the scholarly and policy-relevant insights of existing research on sanctions and then explore what gaps remain in our knowledge and new trends in sanctions policymaking. This forum will inform readers on the state of the art in sanctions research and propose avenues for future research.


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