scholarly journals Sustainable Business Practices by Nigerian Organizations

2021 ◽  
Author(s):  
Nkemdilim Iheanachor
Keyword(s):  
Business Performance ◽  
Business Environment ◽  
Business Practices ◽  
Business Managers ◽  
Sustainable Business ◽  
Policy Makers ◽  
Safe Work ◽  
Sustainability Reports ◽  
Sustainability Practices

Sustainability is the lifeline of any organization and it begins with its people. This paper investigates the sustainable business practices of Nigerian organizations. The pillars of sustainability, economic, social and environmental, have been linked to improve business performance when entrenched into long term strategies of a business. To address the challenges of power supply, multiple taxation, pollution and waste management faced in the business environment, it is imperative to develop solutions that will not compromise future needs yet meeting the needs of the present. Recycling, recovery and reuse, safe work initiatives, continuous learning are strategies businesses can adopt to reduce environmental waste, social and economic issues. For this purpose, this chapter examines sustainability practices of businesses from selected industries; construction, manufacturing, banking and hospitality industries were selected based on availability of sustainability reports of industry leaders. This research is expected to help business managers and policy makers understand sustainable business practices and its implications on business performance.

scholarly journals Modeling the Influence of Information Systems on Sustainable Business Performance and Competitiveness

2021 ◽  
Vol 13 (17) ◽  
pp. 9619
Author(s):  
Natasa Djalic ◽  
Milan Nikolic ◽  
Mihalj Bakator ◽  
Zivko Erceg
Keyword(s):  
Sustainable Development ◽  
Information Systems ◽  
Business Performance ◽  
Transition Economy ◽  
Industrial Revolution ◽  
Business Environment ◽  
Future Research ◽  
New Paradigm ◽  
Sustainable Business ◽  
Challenging Environment

The necessity for sustainable development, the coronavirus pandemic, and conducting business within the frameworks of the fourth industrial revolution—Industry 4.0 create a challenging environment where enterprises have difficulties to achieve and maintain competitiveness. Information is becoming a core construct when it comes to conducting business in the modern, globalized business environment. In this paper, the influence of information systems (IS) on sustainable business performance and competitiveness is analyzed. Additionally, the influence of human resource management (HRM) and decision making (DM) on sustainable business performance and competitiveness, as two crucial constructs in the new paradigm of conducting business, are addressed. The relations are discussed from the aspect of sustainable development and future post-pandemic business trends. The main goal is to determine the relations between the noted constructs in a transitional setting. In sum, 184 manufacturing enterprises from Republika Srpska were surveyed via a structured survey, where the focus was on quantifying and modeling the influence of IS, HRM, and DM on sustainable business performance. The results indicate that IS, HRM, DM can affect business performance in a transitional economic setting. This approach is novel, as the existing body of literature does not address all the noted influencing factors on sustainable business performance and competitiveness in a transition economy. Hence, this paper significantly contributes to the existing body of literature and provides a solid basis for future research in this domain.

Embracing the change

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Keyword(s):  
Case Studies ◽  
Design Methodology ◽  
Reading Time ◽  
Cutting Edge ◽  
Business Practices ◽  
Sustainable Business ◽  
Content Type ◽  
Pertinent Information ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings MNEs are grappling with the growing and permanent shift toward sustainable business practices. In EDMs, MNEs face increased challenges, but are able to form markets in the image they want, influencing business practices for the long-term. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Connecting the Dots

2017 ◽  
pp. 26-41
Author(s):  
Olajumoke Ogunsanya
Keyword(s):  
Creative Thinking ◽  
Business Practices ◽  
Business Organizations ◽  
Sustainable Business ◽  
Term Survival ◽  
Collective Creativity ◽  
Connecting The Dots ◽  
Creativity And Innovation ◽  
The Relationship

Calls for businesses to act with concern for the environment and society create new operating scenarios in which sustainability concerns must be taken into consideration along with the primary objectives of profitability and competitiveness. These additional obligations contribute to dynamism of the marketplace and make it important for businesses to draw on creativity and innovation to find connections between the unrelated in order to establish new efficiencies that can create competitive advantage and differentiation in the environment they find themselves. The central theme of this chapter is how bisociation informs collective creativity and innovation, and influences sustainability for business organizations competing in an environment that is in a permanent state of flux. This chapter trails a series of concepts to find the relationship between the concept of bisociation, collective creativity and sustainable business practices. The aim is to show how consistent creative thinking and exploration of information in different spaces of thought can proffer innovative solutions organizations require for their long term survival and prosperity.

An empirical study of a novel managing customer power model and business performance in the mobile service industry

2014 ◽  
Vol 20 (6) ◽  
pp. 816-843 ◽  
Author(s):  
Youseef Alotaibi ◽  
Fei Liu
Keyword(s):  
Numerical Model ◽  
Business Process ◽  
Business Performance ◽  
Priority Queue ◽  
Business Environment ◽  
Call Centre ◽  
Business Managers ◽  
Content Type ◽  
Telecommunication Companies ◽  
The Impact

Purpose – The purpose of this paper is to investigate the impact of dividing the companies’ customers into different priority groups to be served according to their payment history and feedback on the business performance areas: service quality (SQ), business process time (BPT), business process cost (BPC) and customer satisfaction (CS). Design/methodology/approach – A new numerical model to improve CS service waiting time according to their priority queue class, particularly customers in the high priority queue class will be proposed. To validate the proposed numerical model, a call centre at the selected telecommunication company is used as a case study. An empirical analysis based on data from 130 business and IT managers is used to evaluate and investigate if it has an impact on business process (BP) performance. Bivariate correlation analysis was used to test four hypotheses. The results were subjected to reliability and validity analyses. Findings – The results show that managing customer power is positively associated with BP performance. Furthermore, the results indicate that by using the proposed numerical model, the customers’ satisfaction can be improved. Research limitations/implications – The paper has some limitations as it is only tested on one real business organizations and one BP service. Furthermore, the study was conducted only in telecommunication companies. The questionnaires were answered only by IT and business managers in Saudi Arabian telecommunication companies. Therefore, the results cannot be used as a standard and might not be directly transferrable to any sized firm and any other country. Moreover, the results may be affected by common method variance as the authors collected the data from participants by using the same survey and at the same time. Social implications – The results of this research provide important evidence for business managers and business analysts that managing customers power can enhance the business performance. Originality/value – To date, there is only a few researches have been conducted in the area of separating customers into different priority groups to provide services according to their required delivery time, payment history and feedback. However, most of them have not been evaluated in the business environment. Moreover, no previous study has attempted to empirically demonstrate the relationship between creating a BP model which can manage customer power, SQ, BPT, BPC and CS.

The long-term benefits of organizational resilience through sustainable business practices

2015 ◽  
Vol 37 (8) ◽  
pp. 1615-1631 ◽  
Author(s):  
Natalia Ortiz-de-Mandojana ◽  
Pratima Bansal
Keyword(s):  
Business Practices ◽  
Organizational Resilience ◽  
Sustainable Business

Influence of made with renewable energy appeal on consumer behaviour

2018 ◽  
Vol 36 (1) ◽  
pp. 32-48 ◽  
Author(s):  
Suni Mydock III ◽  
Simon James Pervan ◽  
Alanoud F. Almubarak ◽  
Lester Johnson ◽  
Michael Kortt
Keyword(s):  
Renewable Energy ◽  
Purchase Intention ◽  
Temporal Orientation ◽  
Business Practices ◽  
Sustainable Business ◽  
Policy Makers ◽  
Content Type ◽  
Two Samples ◽  
Amplifying Effect ◽  
Purchasing Behaviour

Purpose The purpose of this paper is to explore the extent to which consumer purchasing behaviour is influenced by advertised information that a product is made with renewable energy. It also seeks to identify why some consumers might respond more favourably. Design/methodology/approach Three experiments were conducted using two samples of university students enroled in Australia. The first experiment tested the main effect of this research, the second tested the potential amplifying effect of locus of control and the third tested the temporal orientation. Findings Consumer respond favourably to products promoted as made with renewable energy. The possible explanation for this is that future temporal orientation (FTO) influences attitude towards the brand, attitude towards the advertisement, purchase intention and willingness to pay a premium for brands. The observed interaction effect between perceived greenness of the advertisement and FTO is also robust to scepticism. Research limitations/implications Results presented here are also derived from responses made by students at a regional Australian university. Although atypical in their profile with most over 30 years of age, findings cannot reliably be generalised to the larger population. Determining how much importance a renewable energy appeal has when it is positioned among other green appeals would reveal the relative usefulness of the focal promotion to marketers. Practical implications Promoting a firm’s use of renewable energy presents an important opportunity to achieve desirable outcomes, and the efficacy of this is magnified within individuals that habitually focus on the future. Social implications These findings benefit society because they contribute towards increasing the frequency of sustainable business practices. It should also encourage policy-makers to implement policy changes (e.g., removing subsidies that prevent renewable energy from attaining cost parity with non-renewable sources of energy), which can result in beneficial economic outcomes. Originality/value This research is the first of its kind to be conducted in an Australian context, providing findings that assist both firms’ and policy-makers’ decision-making.

scholarly journals Sustainable Purchasing of Fresh Food by Restaurants and Cafes in France

Agronomy ◽  
2021 ◽  
Vol 11 (11) ◽  
pp. 2357
Author(s):  
Arthus Chevallier-Chantepie ◽  
Peter J. Batt
Keyword(s):  
Cluster Analysis ◽  
Business Practice ◽  
Business Practices ◽  
Perceived Benefits ◽  
Personal Beliefs ◽  
Sustainable Business ◽  
Two Stage ◽  
Food Ingredients ◽  
Fresh Food

This paper explores the purchasing practices adopted by restaurants and cafés operating in France to observe how the owner/operator(s) attitudes towards sustainable business practice impact on the choice of fresh food suppliers. A two-stage cluster analysis revealed the presence of two clusters: conventional buyers and green buyers that showed significant differences in the adoption of sustainable purchasing practices, the perceived benefits derived from the adoption of sustainable business practices, and barriers to the adoption of green purchasing. In making the decision to operate as a green restaurant, the personal beliefs of the owner/operator(s) were paramount, guided in part by the belief that in order to prepare and present the best-tasting food to patrons, executive chefs needed to procure the very best ingredients. In procuring the best quality fresh food ingredients, executive chefs preferred to deal with many small suppliers with whom they had developed a long-term relationship based on their reputation for delivering premium quality products in season.

The Influence of Green Human Resources Practices on Sustainable Performance in the Egyptian Hotels

2021 ◽  
Vol 12 (4) ◽  
pp. 1-16
Author(s):  
Sameh Abd-elMaksoud Aboul-Dahab ◽  
Badawy Saied
Keyword(s):  
Structural Equation ◽  
Business Performance ◽  
Hotel Industry ◽  
Business Practices ◽  
Sustainable Business ◽  
Sustainable Performance ◽  
Research Findings ◽  
Analyse Data ◽  
Hotel Managers ◽  
The Relationship

The hotel industry is one of the sectors that largely increases the environmental burden. Therefore, due to the large number of environmental problems faced by the hotel industry, there is a growing force for the companies and their stakeholders to respond correctly to environmental concerns and to introduce sustainable business practices such as the adoption of green practices. This study used a research model to explore the relationship between green HRM practices in the Egyptian hotels. Structural equation modelling was utilised to analyse data collected from 910 hotels. The research findings revealed that green recruiting and selection, green training and development, and green compensation have a meaningful sustainable performance relationship. The study provides hotel managers with meaningful implications on how to use GHRM in improving their business performance.

scholarly journals Enhancing Business Schools’ Pedagogy on Sustainable Business Practices and Ethical Decision-Making

2021 ◽  
Vol 13 (10) ◽  
pp. 5527
Author(s):  
Kathleen Rodenburg ◽  
Kelly MacDonald
Keyword(s):  
Decision Making ◽  
Ethical Decision ◽  
Ethical Decision Making ◽  
Business Schools ◽  
Business Environment ◽  
Business Practices ◽  
Ethical Orientation ◽  
Sustainable Business ◽  
New Ecological Paradigm ◽  
Ecological Paradigm

Business school curriculums are designed to improve business skills and a student’s eventual workplace performance. In addition to these business skill sets the emerging business environment demands softer skills associated with ethical decision-making and sustainable business practices. The objective of the study is to identify the key influencers of ethical orientation and attitudes towards the environment as a first critical step for curriculum planning designed to develop both ethical decision-making and environmental sensibilities of students in business schools. Using a bivariate regression analysis (OLS) that compared the established New Ecological Paradigm (NEP) scale and the newly introduced Ethical Orientation Scale (EOS), this study assesses environmental eco-consciousness and ethical orientation over time and across varying socio-demographic variables. The study shows first, that in addition to socio-cultural variables, situational factors influence ethical decision-making. Secondly, it illuminates that ethical orientations as measured by the EOS predicts beliefs about the environment as measured by the NEP scale. It further provides evidence of the ethical underpinnings of the New Ecological Paradigm as well as provides initial validation for the new EOS. These outcomes provide additional levers to assist business educators in the creation of high impact teaching strategies to measure and encourage ethical decision-making and sustainable business practices that protect the environment.

scholarly journals Developing engineering students’ engagement with Circular Economy practices

2017 ◽  
Author(s):  
Marta Ormazabal ◽  
Carmen Jaca ◽  
Vanessa Prieto-Sandoval ◽  
Álvaro Lleó
Keyword(s):  
Circular Economy ◽  
Engineering Students ◽  
Future Generations ◽  
Economic Sustainability ◽  
Business Managers ◽  
New Paradigm ◽  
Policy Makers ◽  
Short And Long Term ◽  
The University

The Circular Economy has become a topic of high interest for policy makers, scholars, and business managers because it is shown as a new paradigm to achieve the sustainability of our society. However, the main efforts in Circular Economy cannot be reduced to professional or experts’ acts. Nevertheless,  we consider that if we pretend to meet the current needs without compromising the ability of future generations to meet their own needs, we have to teach present generations the principles to achieve the economic, social and economic sustainability in the short and long term. This paper enhances the use of guided and official student clubs at the university to teach and engage engineering students with the Circular Economy practices.

Sign in / Sign up

Export Citation Format

Share Document