Importance of Sustainable Innovation and Compliance with Sustainability Ideals: A Case Study Analysis of Bio-Bean
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This report analyzes the importance of sustainable innovation using Bio-Bean as a real-life example. It also examines how an individual can comply with sustainability ideals in their current lifestyle. The report discusses the significance of sustainable innovation in relation to Bio-Bean and evaluates the current lifestyle in terms of sustainability ideals.
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
PART – A .......................................................................................................................................3
Discussing the importance of sustainable innovation using real life example like Bio – Bean..3
PART – B .....................................................................................................................................6
Examining the current lifestyle along with writing a reflective document on how could an
individual comply with the sustainability ideals....................................................................6
CONCLUSION................................................................................................................................7
REFERENCES:...............................................................................................................................8
Books and Journals.................................................................................................................8
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
PART – A .......................................................................................................................................3
Discussing the importance of sustainable innovation using real life example like Bio – Bean..3
PART – B .....................................................................................................................................6
Examining the current lifestyle along with writing a reflective document on how could an
individual comply with the sustainability ideals....................................................................6
CONCLUSION................................................................................................................................7
REFERENCES:...............................................................................................................................8
Books and Journals.................................................................................................................8
INTRODUCTION
Sustainable innovation involves various intentional changes which helps the organisation
to provide various benefits to the society. They are able to generate more revenues in the market.
With the help of sustainability the organisation can utilise the resources in an effective manner
which will help them to offer better products to the consumer. Most of the companies which are
regulating their operations in the market tends to implement different technological inventions in
order to become more profitable in the market. The organisation can offer better goods and
services to the consumer (Mousavi, Bossink, and van Vliet, 2018). Bio bean is a emerging
company which has established a systematic process to recycle the coffee waste and prepare
advance biofuels from them. The industrial organisation is located in London England. This
report aims to analyse about understanding the main motive of sustainability innovation. On the
other hand, in this report there will be brief discussion about importance of sustainable
innovation. Along with that, there will be evaluation about current lifestyle in relation to the
sustainability ideals.
MAIN BODY
PART – A
Discussing the importance of sustainable innovation using real life example like Bio – Bean
Sustainable innovation is an process which helps the organisation to innovate new ideas
and manage the working operations effectively. Most of the firm which are present in the market
study the dynamic situations of the market to achieve greater results in the future (García-
Granero, Piedra-Muñoz, and Galdeano-Gómez, 2018). The company needs to ensure that they
are utilising the resources in a significant manner to offer better products and services to the
customers. There are various new ideologies with the organisation could implement in order to
achieve sustainable performance in the market. In accordance to a company like Bio Bean they
use multiple driven approaches to improve the critical areas with a short span of time. The
organisation is implementing a change in the society by recycling coffee waste into the biofuels.
There are various new ways in which help Bio bean to become more productive and bring a
sustainable change in the society.
Sustainable innovation also helps the society in a positive manner. There are various
economic developments which could be incorporated. Most of the organisation which are present
Sustainable innovation involves various intentional changes which helps the organisation
to provide various benefits to the society. They are able to generate more revenues in the market.
With the help of sustainability the organisation can utilise the resources in an effective manner
which will help them to offer better products to the consumer. Most of the companies which are
regulating their operations in the market tends to implement different technological inventions in
order to become more profitable in the market. The organisation can offer better goods and
services to the consumer (Mousavi, Bossink, and van Vliet, 2018). Bio bean is a emerging
company which has established a systematic process to recycle the coffee waste and prepare
advance biofuels from them. The industrial organisation is located in London England. This
report aims to analyse about understanding the main motive of sustainability innovation. On the
other hand, in this report there will be brief discussion about importance of sustainable
innovation. Along with that, there will be evaluation about current lifestyle in relation to the
sustainability ideals.
MAIN BODY
PART – A
Discussing the importance of sustainable innovation using real life example like Bio – Bean
Sustainable innovation is an process which helps the organisation to innovate new ideas
and manage the working operations effectively. Most of the firm which are present in the market
study the dynamic situations of the market to achieve greater results in the future (García-
Granero, Piedra-Muñoz, and Galdeano-Gómez, 2018). The company needs to ensure that they
are utilising the resources in a significant manner to offer better products and services to the
customers. There are various new ideologies with the organisation could implement in order to
achieve sustainable performance in the market. In accordance to a company like Bio Bean they
use multiple driven approaches to improve the critical areas with a short span of time. The
organisation is implementing a change in the society by recycling coffee waste into the biofuels.
There are various new ways in which help Bio bean to become more productive and bring a
sustainable change in the society.
Sustainable innovation also helps the society in a positive manner. There are various
economic developments which could be incorporated. Most of the organisation which are present
in the market minimize lowered operating costs (Di Vaio, and et.al 2020). This will certainly
helps to save the resources which is viable for the future generation. In accordance to Bio- bean
they are creating a difference in society with the help of better business models. They are
enhancing their performance with different strategies and could gain a competitive advantage in
the industry. The importance of sustainable innovation in relation to Bio bean is mentioned
below:
Eliminating the energy based Costs – The organisation main concern is the use of the
resources they need to be utilised properly. There are various advancements which the
company could implement in order to use the resources effectively. For example, in
relation Bio Bean they are using various technological tools to utilise the resources. The
main vision of the organisation is build a sustainable future by recycling the coffee waste
to make a replenish source of energy (Neutzling, and et.al 2018). Bio bean has taken a
step forward towards a change to achieve sustainable performance in the market. They
had implemented a new change process which is beneficial for them in every manner.
Bio bean management is innovating new ideas to create a sustainable change in the
society. The management understand new dynamic conditions of the market in an
effective manner.
Implementing new innovative ideas to improve productivity of employees –
Motivating the workforce is the most crucial factor for the organisation. If the employees
are productive then it will help the company to generate more revenues in the market.
The management can use various collaborative strategies to improve the productivity of
the employees. In Bio- Bean they measure the performance of the employees to improve
their critical areas (Cillo, and et.al 2019). The organisation implement a new change
management process to maximize their efforts. With the help of promotion and other
recognition methods. The employees are devoted to work in a systematic way to make
the organisation achieve the inherent goals and objectives. The organisation also monitors
to recruit skilled employees to reduce waste and utilise the resources efficiently.
Attracting new customers and generates more revenues – The most prominent factor
on which the business run is profit. Sustainable innovation helps the business to innovate
the new ideas which could help to attract new potential customers in the market. Bio bean
manages to recycle the waste in an effective manner to attract different segmented
helps to save the resources which is viable for the future generation. In accordance to Bio- bean
they are creating a difference in society with the help of better business models. They are
enhancing their performance with different strategies and could gain a competitive advantage in
the industry. The importance of sustainable innovation in relation to Bio bean is mentioned
below:
Eliminating the energy based Costs – The organisation main concern is the use of the
resources they need to be utilised properly. There are various advancements which the
company could implement in order to use the resources effectively. For example, in
relation Bio Bean they are using various technological tools to utilise the resources. The
main vision of the organisation is build a sustainable future by recycling the coffee waste
to make a replenish source of energy (Neutzling, and et.al 2018). Bio bean has taken a
step forward towards a change to achieve sustainable performance in the market. They
had implemented a new change process which is beneficial for them in every manner.
Bio bean management is innovating new ideas to create a sustainable change in the
society. The management understand new dynamic conditions of the market in an
effective manner.
Implementing new innovative ideas to improve productivity of employees –
Motivating the workforce is the most crucial factor for the organisation. If the employees
are productive then it will help the company to generate more revenues in the market.
The management can use various collaborative strategies to improve the productivity of
the employees. In Bio- Bean they measure the performance of the employees to improve
their critical areas (Cillo, and et.al 2019). The organisation implement a new change
management process to maximize their efforts. With the help of promotion and other
recognition methods. The employees are devoted to work in a systematic way to make
the organisation achieve the inherent goals and objectives. The organisation also monitors
to recruit skilled employees to reduce waste and utilise the resources efficiently.
Attracting new customers and generates more revenues – The most prominent factor
on which the business run is profit. Sustainable innovation helps the business to innovate
the new ideas which could help to attract new potential customers in the market. Bio bean
manages to recycle the waste in an effective manner to attract different segmented
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audience. Innovation is the key factor which heps the organisation to drive towards
success in the desired industry. They had maximize the overall profits by offering better
products to the consumer. Due to changing customer preferences Bio – Bean needs to
innovate new ideas to dominate and acquire a huge share in market. There are various
advantages present in desired industry on which they can capitalise in an effective
manner.
Balancing the structure of the organisation and fulfilling the needs – Sustainable
innovation helps the organisation to balance their structure. They can utilise the resources
effectively and implement new changes in the workplace (Awan, Arnold, and Gölgeci,
2021). The organisation can become sustainable by using different integrated approaches.
Bio Bean is an emerging enterprise which tends to conserve the resources by using
multiple viable methods. They are gradually implementing new ways to work in the
society. This will help them to achieve greater results in the future.
Social as well as Inclusive growth – Innovation substantiality is the major factor which
helps the organisation to creates a significance difference in the society. They can
optimize their performance to achieve an inclusive growth. They capitalise on different
opportunities by utilising the resources in an effective manner. In Bio – Bean they follow
certain principles to adapt with the new changes happening in the market. They had
managed to achieve a systematic growth in the market and fulfil the needs and desires of
the customers. Nowadays, firm balances both the factors to achieve a sustainable
performance in desired industry. There are various ethical values and regulations which is
followed by the company in order to work in a systematic manner.
Preserving the Environment – Sustainable innovation creates various significant
improvements towards the workplace. They tends to indulge new ways to generate more
profits in the market. They utilise the resources in an effective manner to preserve the
environment (Aboelmaged, and Hashem, 2019). On the other hand, in relation to Bio
bean the main focus of the company is to minimize carbon emissions in environment.
Nowadays, organisation has managed to enhance productivity of the employees with the
help of different strategies and approaches. They are recycling the coffee waste to build a
new sustainable source of energy. They are implementing new technology in the
success in the desired industry. They had maximize the overall profits by offering better
products to the consumer. Due to changing customer preferences Bio – Bean needs to
innovate new ideas to dominate and acquire a huge share in market. There are various
advantages present in desired industry on which they can capitalise in an effective
manner.
Balancing the structure of the organisation and fulfilling the needs – Sustainable
innovation helps the organisation to balance their structure. They can utilise the resources
effectively and implement new changes in the workplace (Awan, Arnold, and Gölgeci,
2021). The organisation can become sustainable by using different integrated approaches.
Bio Bean is an emerging enterprise which tends to conserve the resources by using
multiple viable methods. They are gradually implementing new ways to work in the
society. This will help them to achieve greater results in the future.
Social as well as Inclusive growth – Innovation substantiality is the major factor which
helps the organisation to creates a significance difference in the society. They can
optimize their performance to achieve an inclusive growth. They capitalise on different
opportunities by utilising the resources in an effective manner. In Bio – Bean they follow
certain principles to adapt with the new changes happening in the market. They had
managed to achieve a systematic growth in the market and fulfil the needs and desires of
the customers. Nowadays, firm balances both the factors to achieve a sustainable
performance in desired industry. There are various ethical values and regulations which is
followed by the company in order to work in a systematic manner.
Preserving the Environment – Sustainable innovation creates various significant
improvements towards the workplace. They tends to indulge new ways to generate more
profits in the market. They utilise the resources in an effective manner to preserve the
environment (Aboelmaged, and Hashem, 2019). On the other hand, in relation to Bio
bean the main focus of the company is to minimize carbon emissions in environment.
Nowadays, organisation has managed to enhance productivity of the employees with the
help of different strategies and approaches. They are recycling the coffee waste to build a
new sustainable source of energy. They are implementing new technology in the
workplace to preserve the environment. Bio – Bean has managed to create a positive
brand integrity in market.
PART – B
Examining the current lifestyle along with writing a reflective document on how could an
individual comply with the sustainability ideals
I personally believe in changing with the new ways according to the conditions. Also, I
am an environment friendly person. I utilise the resources in an effective manner. There are
various activities which is performed by me on the daily basis to preserve the environment. I
intent to create a sustainable change in the society with my current lifestyle.
The main aim is to comply with the sustainability ideals. I follow different principles to
recycle the waste properly. While I go to shopping I refuse to use the plastic bags which could be
beneficial for the environment. Furthermore, I minimize the use of paper and recycle it to create
a sustainable change in my lifestyle. The main focus is to make my life systematic and follow the
3Rs which is reduce, reuse and recycle. In my home which is recently been build I had
implemented the solar energy panels. This will certainly help to save the electricity and utilise
the solar energy resource in an effective manner. I certainly follow a healthy lifestyle in which I
follow various principles in a systematic manner.
On the other hand, I have taken various smart decisions towards my transportation. Most
of the companies are making new cars which runs on the electric energy. I use the electric cars to
reduce the carbon emissions in the environment. This is one of the most crucial factor which I
has been using to preserve the environment. I avoid to use the transportation which runs on the
fuels and other resources. In present I am exploring new ways to save the resources and preserve
the environment. By following the sustainability ideals there are various smart decisions which is
taken by me to bring a significant change in the society.
In order to save the environment I had indulged myself in multiple social activities. I
clean the beaches and recycle the excessive waste (Song, Fisher, and Kwoh, 2019). I generally
don not use the plastic utensils which helps me to save the environment. The resources which I
had save will help the future generation. With my daily operations I intent to minimize the harm
to the environment. By following these protocols I utilise the resources in a appropriate manner.
In future I can formulate various other strategies to preserve the environment.
brand integrity in market.
PART – B
Examining the current lifestyle along with writing a reflective document on how could an
individual comply with the sustainability ideals
I personally believe in changing with the new ways according to the conditions. Also, I
am an environment friendly person. I utilise the resources in an effective manner. There are
various activities which is performed by me on the daily basis to preserve the environment. I
intent to create a sustainable change in the society with my current lifestyle.
The main aim is to comply with the sustainability ideals. I follow different principles to
recycle the waste properly. While I go to shopping I refuse to use the plastic bags which could be
beneficial for the environment. Furthermore, I minimize the use of paper and recycle it to create
a sustainable change in my lifestyle. The main focus is to make my life systematic and follow the
3Rs which is reduce, reuse and recycle. In my home which is recently been build I had
implemented the solar energy panels. This will certainly help to save the electricity and utilise
the solar energy resource in an effective manner. I certainly follow a healthy lifestyle in which I
follow various principles in a systematic manner.
On the other hand, I have taken various smart decisions towards my transportation. Most
of the companies are making new cars which runs on the electric energy. I use the electric cars to
reduce the carbon emissions in the environment. This is one of the most crucial factor which I
has been using to preserve the environment. I avoid to use the transportation which runs on the
fuels and other resources. In present I am exploring new ways to save the resources and preserve
the environment. By following the sustainability ideals there are various smart decisions which is
taken by me to bring a significant change in the society.
In order to save the environment I had indulged myself in multiple social activities. I
clean the beaches and recycle the excessive waste (Song, Fisher, and Kwoh, 2019). I generally
don not use the plastic utensils which helps me to save the environment. The resources which I
had save will help the future generation. With my daily operations I intent to minimize the harm
to the environment. By following these protocols I utilise the resources in a appropriate manner.
In future I can formulate various other strategies to preserve the environment.
CONCLUSION
From the above report, it has been concluded that the organisation can bring a sustainable
change in the workplace to offer better products to the consumer a creates a difference in the
society. On the other hand, in this report there is brief discussion about how sustainable innovate
affect the overall performance of the organisation. There are various strategies and approaches
which could be used by the company in order to achieve greater results in the future. Along with
that there is evaluation of different ideologies which can be used by the individual to comply
with the sustainable changes in the current lifestyle. For further instance, in this report there is
discussion about the sustainability and innovation. These both factors needs to be balanced in a
proper manner. It could help the firm to achieve a sustainable performance in the market. The
organisation needs to work with the new changing preferences of the customer to acquire huge
share in the industry.
From the above report, it has been concluded that the organisation can bring a sustainable
change in the workplace to offer better products to the consumer a creates a difference in the
society. On the other hand, in this report there is brief discussion about how sustainable innovate
affect the overall performance of the organisation. There are various strategies and approaches
which could be used by the company in order to achieve greater results in the future. Along with
that there is evaluation of different ideologies which can be used by the individual to comply
with the sustainable changes in the current lifestyle. For further instance, in this report there is
discussion about the sustainability and innovation. These both factors needs to be balanced in a
proper manner. It could help the firm to achieve a sustainable performance in the market. The
organisation needs to work with the new changing preferences of the customer to acquire huge
share in the industry.
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REFERENCES:
Books and Journals
Aboelmaged, M. and Hashem, G., 2019. Absorptive capacity and green innovation adoption in
SMEs: The mediating effects of sustainable organisational capabilities. Journal of
cleaner production, 220, pp.853-863.
Awan, U., Arnold, M.G. and Gölgeci, I., 2021. Enhancing green product and process innovation:
Towards an integrative framework of knowledge acquisition and environmental
investment. Business Strategy and the Environment, 30(2), pp.1283-1295.
Cillo, and et.al 2019. Understanding sustainable innovation: A systematic literature
review. Corporate Social Responsibility and Environmental Management, 26(5),
pp.1012-1025.
Di Vaio, and et.al 2020. Artificial intelligence and business models in the sustainable
development goals perspective: A systematic literature review. Journal of Business
Research, 121, pp.283-314.
García-Granero, E.M., Piedra-Muñoz, L. and Galdeano-Gómez, E., 2018. Eco-innovation
measurement: A review of firm performance indicators. Journal of cleaner
production, 191, pp.304-317.
Mousavi, S., Bossink, B. and van Vliet, M., 2018. Dynamic capabilities and organizational
routines for managing innovation towards sustainability. Journal of cleaner
production, 203, pp.224-239.
Neutzling, and et.al 2018. Linking sustainability-oriented innovation to supply chain relationship
integration. Journal of Cleaner Production, 172, pp.3448-3458.
Song, M., Fisher, R. and Kwoh, Y., 2019. Technological challenges of green innovation and
sustainable resource management with large scale data. Technological Forecasting and
Social Change, 144, pp.361-368.
Books and Journals
Aboelmaged, M. and Hashem, G., 2019. Absorptive capacity and green innovation adoption in
SMEs: The mediating effects of sustainable organisational capabilities. Journal of
cleaner production, 220, pp.853-863.
Awan, U., Arnold, M.G. and Gölgeci, I., 2021. Enhancing green product and process innovation:
Towards an integrative framework of knowledge acquisition and environmental
investment. Business Strategy and the Environment, 30(2), pp.1283-1295.
Cillo, and et.al 2019. Understanding sustainable innovation: A systematic literature
review. Corporate Social Responsibility and Environmental Management, 26(5),
pp.1012-1025.
Di Vaio, and et.al 2020. Artificial intelligence and business models in the sustainable
development goals perspective: A systematic literature review. Journal of Business
Research, 121, pp.283-314.
García-Granero, E.M., Piedra-Muñoz, L. and Galdeano-Gómez, E., 2018. Eco-innovation
measurement: A review of firm performance indicators. Journal of cleaner
production, 191, pp.304-317.
Mousavi, S., Bossink, B. and van Vliet, M., 2018. Dynamic capabilities and organizational
routines for managing innovation towards sustainability. Journal of cleaner
production, 203, pp.224-239.
Neutzling, and et.al 2018. Linking sustainability-oriented innovation to supply chain relationship
integration. Journal of Cleaner Production, 172, pp.3448-3458.
Song, M., Fisher, R. and Kwoh, Y., 2019. Technological challenges of green innovation and
sustainable resource management with large scale data. Technological Forecasting and
Social Change, 144, pp.361-368.
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