scholarly journals Corporate Sustainability Strategies and Decision Support Methods: A Bibliometric Analysis

2020 ◽  
Vol 12 (2) ◽  
pp. 521 ◽  
Author(s):  
Fotis Kitsios ◽  
Maria Kamariotou ◽  
Michael A. Talias
Keyword(s):  
Strategic Management ◽  
Bibliometric Analysis ◽  
Business Strategy ◽  
Corporate Sustainability ◽  
Management Decision ◽  
Sustainability Strategies ◽  
Strategic Approach ◽  
Management Decision Making ◽  
Number Of Publications ◽  
Support Methods

Sustainability is becoming an increasing issue for decision-makers and scholars worldwide and many managers understand the significance of the strategic approach of corporate sustainability. However, they face difficulties in aligning sustainable development and strategic management as well as to implement it in practice. Thus, the purpose of this paper is to conduct a bibliometric analysis exploring the integration of strategic management, decision-making and corporate sustainability, providing a framework of interrelated issues according to the current literature in this area. 72 peer-reviewed papers were analyzed based on Webster’s and Watson’s (2002) methodology. The results of this review revealed that the number of publications in this domain has increased in the last decade, and there is a need to foster research (especially empirical) in this field because managers should find out ways to implement, in action, corporate sustainability strategies and integrate their action plans with their business strategy. This review concludes with a framework that includes the most commonly addressed issues of this topic and provides opportunities and challenges for further research.

Towards a manager's model for e-business strategy decisions

2005 ◽  
Vol 30 (4) ◽  
pp. 73-90 ◽  
Author(s):  
Bruce Perrott
Keyword(s):  
Decision Making ◽  
Business Strategy ◽  
Business Community ◽  
Management Decision ◽  
Electronic Business ◽  
Business Networks ◽  
Evolutionary Path ◽  
Efficiency And Effectiveness ◽  
Management Decision Making ◽  
High Level

There is a high level of interest and debate among academics and the business community regarding the future of electronic business. In recent times there has been considerable disillusionment with the losses and negative returns associated with many e-business investments. However, the move towards e-business enablement seems inevitable for reasons of efficiency and effectiveness. Developments in e-business should be of considerable interest to marketing strategists, as they impact on business networks and affect the nature of relationships between organisations and between an organisation and its customers. Business and marketing strategists would benefit from a better understanding of the incentives and inhibitors accruing at each stage of the evolutionary path to an e-business enabled future. Based on recent research, this paper proposes the use of two frameworks that may be used to stimulate management discussion, aid management decision-making and plan progressive moves into e-business.

scholarly journals Big data and dynamic capabilities: a bibliometric analysis and systematic literature review

2019 ◽  
Vol 57 (8) ◽  
pp. 2052-2068 ◽  
Author(s):  
Riccardo Rialti ◽  
Giacomo Marzi ◽  
Cristiano Ciappei ◽  
Donatella Busso
Keyword(s):  
Big Data ◽  
Literature Review ◽  
Bibliometric Analysis ◽  
Systematic Literature Review ◽  
Dynamic Capabilities ◽  
Process Management ◽  
Big Data Analytics ◽  
Management Decision ◽  
Content Type ◽  
Management Decision Making

Purpose Recently, several manuscripts about the effects of big data on organizations used dynamic capabilities as their main theoretical approach. However, these manuscripts still lack systematization. Consequently, the purpose of this paper is to systematize the literature on big data and dynamic capabilities. Design/methodology/approach A bibliometric analysis was performed on 170 manuscripts extracted from the Clarivate Analytics Web of Science Core Collection database. The bibliometric analysis was integrated with a literature review. Findings The bibliometric analysis revealed four clusters of papers on big data and dynamic capabilities: big data and supply chain management, knowledge management, decision making, business process management and big data analytics. The systematic literature review helped to clarify each clusters’ content. Originality/value To the authors’ best knowledge, minimal attention has been paid to systematizing the literature on big data and dynamic capabilities.

Digital economy: A terminology retrospective, the present and the future

2020 ◽  
Vol 19 (4) ◽  
pp. 707-721 ◽  
Author(s):  
V.V. Velikorossov ◽  
S.A. Filin ◽  
O.N. Kalinina
Keyword(s):  
Strategic Management ◽  
Digital Technologies ◽  
Digital Economy ◽  
Management Decision ◽  
Additional Information ◽  
Management Decision Making ◽  
Basic Concepts ◽  
Definition Of ◽  
Reduction Of Uncertainty ◽  
Made In

Subject. The article considers the concept and the essence of digital economy as an instrument to reduce uncertainty in strategic management decision-making. Objectives. The study aims to specify the digital economy concept and underpin the digitalization as a tool for better management of economy; to develop recommendations for improving the management of information through digitization. Methods. We employ methods designed for organization of management and reduction of uncertainty about the object of management through digitization of additional information. Results. We analyzed basic concepts related to the economy, digital economy and information within the statistical theory of information. The paper gives a definition of the digital economy and recommendations for information management by means of digitization, as it is a driver of uncertainty reduction when choosing a better management solution. Conclusions. The increased likelihood of implementation of strategic management solutions is possible through the use of information under a specific program in order to reduce the uncertainty of choice and achieve the goals of strategic management. This enables to switch to innovative development, the most important feature of which is negentropy. Despite the progress made in the sphere of digitalization, Russia is still lagging behind the leading countries in terms of economic and innovative results of applying digital technologies and readiness for digital economy.

Rethinking sustainability strategies

2018 ◽  
Vol 11 (1) ◽  
pp. 2-17 ◽  
Author(s):  
Steven Cavaleri ◽  
Kareem Shabana
Keyword(s):  
Strategic Management ◽  
Business Strategy ◽  
Radical Innovation ◽  
Conceptual Frameworks ◽  
Content Type ◽  
Financial Outcomes ◽  
Firm Financial Performance ◽  
Sustainability Strategies ◽  
Sustainability Initiatives ◽  
Generic Strategies

Purpose The purpose of this paper is to provide both theorists and practitioners with a conceptual framework that links sustainability strategies more closely with Porter’s generic strategies. The intent of this approach is to establish sustainability, fundamentally, as a strategic process. The proposed models set a strategic context to tie sustainability, to mediating variables, such as innovation and technology, while also linking them to generic strategies (low cost leader, differentiation, and focus) and firm financial performance in a causal chain. The proposed model gives rise to conclusions about the effectiveness of sustainability strategies that are consistent with emerging research about the role of radical innovation in sustainability. Design/methodology/approach The paper proposes two conceptual frameworks designed to link sustainability with business strategy. These models are rooted in evolving understandings of business strategy arising from Porter’s original explanations of generic strategies and sources of competitive advantage. The first model is a causal model that links drivers, such as type of competitive strategy and mode of innovation, to competitive outcomes and firm financial performance. The second model describes how different modes of technology development, in sustainability initiatives, cause changes in firm competitive and financial outcomes. Findings The conclusions arising from the model-based insights suggest that conventional continuous and incremental improvement sustainability practices hold the potential to pose strategic risks to some firms – depending on their core business strategy. By contrast, the model provides a logical, yet, less known, rationale that suggests radical innovation in sustainability practices may pose fewer strategic risks. It may also offer relatively more competitive and financial advantages than well-established programs relying on incremental innovation. Research limitations/implications Although the proposed conceptual frameworks are rooted in strategic management theories, the proposed models and expected outcomes have not yet been empirically tested or validated. However, initially, these models appear to have more face validity in explaining breakthrough sustainability success stories, such as Nike, than do competing explanations. Most importantly, the counter-intuitive finding that radical innovation is likely to be more effective in driving both sustainability and financial outcomes is a topic for future investigation. Practical implications The proposed models and accompanying rationale have direct implications for practitioners. They provide practitioners with a road map to logically and deductively frame sustainability strategies based on their current business strategy. Practitioners are often hindered by the lack of high-level guidance for making the transition from operationally focused sustainability tactics to strategies than are congruent with current business strategies. The current paradigm of using incremental sustainability strategies on an ad hoc basis does not always provide neutral outcomes regarding financial effects and competitive advantage – they may yield negative effects. Social implications The importance of sustainability strategies and management practices cannot be overstated. On a global scale, evidence indicates that most corporate sustainability programs are ineffective at slowing the rate of global forces offsetting sustainability. The proposed models and strategic management approach are intended to dramatically increase the effectiveness of sustainability improvement by closely aligning them with corporate strategies. Historically, companies have struggled to make the leap from randomly using eco-efficiency tools to making sustainability a key component of their business strategy. Originality/value This paper integrates a number of diverse lines of inquiry from the strategic management literature into a counter-intuitive approach for integrating sustainability into a firm’s core business strategy. The proposed conceptual frameworks can be used, prospectively, to design new sustainability strategies, or it can be used, analytically (retrospectively), to understand reasons for failure or under-performance in sustainability initiatives.

scholarly journals Reputational Risk and Sustainability: A Bibliometric Analysis of Relevant Literature

Risks ◽  
2021 ◽  
Vol 9 (7) ◽  
pp. 134
Author(s):  
Haitham Nobanee ◽  
Maryam Alhajjar ◽  
Ghada Abushairah ◽  
Safaa Al Harbi
Keyword(s):  
Bibliometric Analysis ◽  
Research Output ◽  
Corporate Sustainability ◽  
Relevant Literature ◽  
Research Field ◽  
Policy Implications ◽  
Reputational Risk ◽  
Strategic Approach ◽  
Reputation Risk ◽  
Advance Knowledge

This study aims to conduct a bibliometric analysis of reputational risk and sustainability. The research was conducted using the Scopus database, which returned 88 publications published during 2001–2020, revealing that the amount of research output within this field is limited, and more research output should be conducted in the field of reputational risk and sustainability. We identified nine research streams: reputation risk, reputation risk and sustainability, supply chain management, social responsibility, reputation risk management, strategic approach, sustainable development, corporate sustainability and risk assessment. This bibliometric analysis provides managerial and policy implications for sustainability consideration of reputational risk with perceptions to advance knowledge in this important research field.

scholarly journals INFORMATION-ANALYTICAL PROVISION OF STRATEGIC MANAGEMENT OF DOMESTIC ENTERPRISES

2020 ◽  
Vol 2 (47) ◽  
pp. 199-204
Author(s):  
Shatilo O ◽  
Keyword(s):  
Strategic Management ◽  
Development Strategy ◽  
Information Needs ◽  
Management Decision ◽  
Decision Making Process ◽  
Enterprise Development ◽  
Strategic Information ◽  
Management Decision Making ◽  
Strategic Goals

The article defines the components and classification of information. It has been researched that strategic information needs depend on the strategic goals of the enterprise. It is revealed that strategic information is characterized by a number of differences due to the nature of the management decision making process. The tasks of organizing the information and analytical support for the formation of the enterprise development strategy, as well as the components and sources of the information and analytical support for strategic management at domestic enterprises, which are necessary for making management decisions, are determined. KEYWORDS: INFORMATION, STRATEGIC MANAGEMENT, ENTERPRISES.

scholarly journals Banking strategic management and business model: bibliometric analysis

2020 ◽  
Vol 4 (1) ◽  
pp. 76-85
Author(s):  
Yana Kryvych ◽  
Tetiana Goncharenko
Keyword(s):  
Risk Management ◽  
Strategic Management ◽  
Bibliometric Analysis ◽  
Business Model ◽  
Business Strategy ◽  
Corporate Strategy ◽  
Retail Banking ◽  
Time Interval ◽  
Bank Management ◽  
Management Issues

The article is devoted to the analysis of tendencies and research of approaches to the definition of strategic management of the bank in the scientific literature, to the identification of future perspective directions of research of this problem. VOSviewer software was used for bibliometric analysis, the object of the study was 5901 articles in scientific journals indexed by Scopus and Web of Science scientific databases, the study period was the time interval from 1991 to 2019. The article substantiates that in 2007-2009 the focus of the study has shifted from general strategic management issues to risk management issues of the bank’s business strategy. In 2019, the number of papers devoted to strategic bank management increased rapidly – by 343% compared to 2007. The use of the VOSviewer tool revealed 5 clusters of the relationship between strategic bank management theory and other theories based on scientific concepts. The largest research cluster combines the expertise of researchers who study strategic bank management in close connection with concepts that study the bank’s business models, business strategy, competition, banking performance, banking services, and more. The second-largest cluster brought together scholars who study the theory of strategic bank management at the intersection with the theories of strategic planning, finance, commerce, e-commerce, management, information management, planning, investing, technological development, and more. The third-largest cluster brings together scholars who consider strategic bank management through the lens of corporate governance, corporate strategy, financial market trends, retail banking, bank profitability, and more. The conducted research leads to the conclusion that business strategy, profitability, and strategic risk management are the priority components of banking strategic management. Keywords: bank, banking, strategy, strategic management, business strategy, business model.

scholarly journals Esg company ratings – the nature and features of formation

2020 ◽  
Vol 67 (6) ◽  
pp. 104-113
Author(s):  
O. Tyvonchuk
Keyword(s):  
Decision Making ◽  
Sustainable Development ◽  
Sustainability Assessment ◽  
Corporate Sustainability ◽  
Management Decision ◽  
Rating Agencies ◽  
Management Decision Making ◽  
History Of ◽  
Financial Decision ◽  
Market Coverage

The article examines the essence of ESG ratings, the causes and history of their origin and dissemination. It has been found that sustainable development of the companies is in the interests of both investors, companies themselves and other stakeholders, as there is a clear positive correlation between commercial success, financial performance and the efforts of businesses to implement the principles of sustainable development. One of the important tools for evaluating the effectiveness of sustainable development of companies, their risks and potential opportunities in environmental, social and corporate governance spheres are ESG ratings, which provide the conversion of large amounts of information into assessments that can be used in management decision-making. It has been defined that ESG ratings are determined by more than one hundred specialized rating agencies and companies – providers of information and financial decision-making tools. The classification and characteristics of the main ESG ratings are presented. The proposed classification differentiates ESG ratings on such attributes as the level of coverage of companies; specialization; transparency of formation methodology; information used for ratings’ preparation; scale used to rank companies. Examination of the nine best in terms of quality and usefulness international ESG ratings (RobecoSAM Corporate Sustainability Assessment, Climate, Water & Forest Scores, Sustainalytics' ESG Risk Ratings, MSCI ESG Ratings, ISS ESG Governance QualityScore, ISS-Oekom Corporate Rating, Bloomberg ESG Disclosure Scores, FTSE Russell's ESG Ratings, Thomson Reuter's ESG Scores) and the first in Ukraine professional corporate sustainability rating Sustainable Ukraine allowed to establish that they differ significantly in algorithms of their formation, areas and indicators for companies’ assessment, sources of data used, etc., however, the common characteristics of the most authoritative ESG ratings are wide market coverage, transparency and correctness of the methodology used, experience and competence of specialists – developers of ratings.

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