Building A Sustainable Organisation: Significance of Sustainable Innovation Using Bio Bean as an Example

Building A Sustainable
Organisation

Table of Contents
INTRODUCTION...........................................................................................................................3
PART A...........................................................................................................................................3
Discussing the significance of sustainable innovation utilizing specific examples....................3
PART B...........................................................................................................................................6
Reflective statement.....................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
Sustainability refers to the process of fulfilling the basic requirements by natural resources
without facing compromising over future generations. For business innovation is considered as
strategic demand to stay ahead in the completion of task. Bio- bean is British start up and trusted
firm who work systematically towards eco- friendly culture. They work collaboratively with
others to transform spent coffee grounds to be converted into valuable source as serving new life
to material and contributing to economy. In the current report it will highlight significance of
sustainable innovation and it will be explained in depth by using specific examples of the firm
bio bean (AlFalahi and Nobanee, 2019). It will show how company can invent and serve novel
products and services which directly contributes towards achieving sustainability. Lastly, the
report will cover reflective statement regarding with sustainable practices based on current
lifestyle.
PART A
Discussing the significance of sustainable innovation utilizing specific examples
Sustainable innovation includes forming up the intentional modifications into company product
and services, process to produce long term benefits related to environmental concerns which
would serve economic profits to the organization. It can be also concluded as term to meet with
need of current generations without making any compromise to the basic requirements of
futuristic concerns. Similarly, business must actively incorporate issues like climate change,
human rights into innovation. Such innovations can be vital for the growth of company and
survival as well. In this manner, organization who does not comply with innovative measures
tend to fall behind their competitors and eventually go out of business. However, some outdated
form of innovation can result into profitable goods and services as well as procedures but it can
harm over deed natural resources or staff members (Bombiak and Marciniuk-Kluska, 2019). For
innovation to easily effect sustainability the close relation among individual and corporate
purpose is demanded. In working environment sustainable immensely influence innovation in
terms of both real product and into mind- set of employee aligning with culture. It can be clearly
stated that company having core focus over sustainability are familiar to gain chance of
opportunities bringing up the successful innovative measures. There are three major reasons
through which it can be said that sustainable factors can be successful.

 Firstly, it is accountable in terms of driving technological as well as organisation
innovations towards yield bottom and some of the top line returns. Because of added
constraints to safeguard environment friendly process, entities focus over enhancing their
input directed towards cost savings that in turn allow exploration of different ideas like
forming up new business.
 Secondly, sustainability influences organizations to adapt with differentiate thinking as it
enables workforce to aproach with various kind of problematic concerns in different
manner.
 At last, sustainability allows individual to check the entire value chain and enhance cross
functional understanding. While seeking attention to environmental efficiencies and
thinking beyond function sphere become part of employee second nature as it nurtures
working environment in which ideation becomes comprehensive and valuable.
Thus, synergy between sustainability and innovation will direct towards novel goods and
services for customers, higher profitability and strong trustful relationships with customers will
be formed. Sustainable is quite significant for various reasons as it improves the quality lives and
assist to secure the eco system and natural resources for futuristic generations. In the corporate
world it is highly connected with company holistic approach by taking into consideration by
manufacturing to logistics and further to customer service. Thus, going green Therefore, 20th
century is considered as period of unprecedented industrial growth as well as societal
advancement that direct towards exponential success in efficient use of energy. The natural
resources depletion and some rise of diverse problems aligns with sustainability. In current
scenario some negative environment impact created awareness about sustainability and success
of modern sustainability drive among organizations to minimize ecological footprints.
Organizations are considered as behind social and environmental issues, lack of sustainability in
society. Sustainable innovation will always have considered as essential measure of organization
growth due to positive subsequent alterations in firm product, services and procedures which
exceeds impact of past achievements (Vine, 2019). By implementing go green practices will not
only benefit the company but it will also enhance the advantage from environment focus in
longer run. Such practices direct towards efficient reduction within long run energy cost whereby
some quick initiatives such as switching to energy efficient strategies. It is one of the positive
approach for business which assist them to become more efficient in overall terms. Thus, by