Importance of Sustainable Innovation with Bio-Bean as an Example

This report discusses the importance of sustainable innovation with Bio-Bean as an example. It also examines the current lifestyle and how an individual can comply with sustainability ideals. Sustainable innovation helps organisations achieve continuous improvement and optimise resources effectively. Bio-Bean recycles coffee waste into advanced biofuels and uses ethical practices to achieve sustainability. The report also discusses reducing energy-based costs, boosting innovation and morale, attracting new customers, balancing the needs of generations, social and inclusive growth, and environmental prosperity. The report concludes with the importance of sustainable innovation and protocols individuals can follow to comply with sustainability ideals.

Individual case study

Contents
INTRODUCTION...........................................................................................................................1
PART A ..........................................................................................................................................1
Researching and critical discussion about the importance of sustainable innovation with use of
real example, Bio-Bean................................................................................................................1
PART B ...........................................................................................................................................4
Examining the current lifestyle along with writing a reflective document on how could an
individual will able to comply with the sustainability ideals.......................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Sustainability is a a process which helps the organisation to achieve continuous
improvement and optimize the resources effectively. Sustainable innovations can be described as
making continuous changes in the working process of the company while providing the products
and services in the market. Bio Bean is a company which use a systematic process to recycle the
coffee waste into advance biofuels (Kuokkanen, Uusitalo, and Koistinen, 2019). It is located in
London England and its was founded in 2013 by Arthur Kay and Benjamin Harriman. The report
aims to analyse about understanding the importance of sustainable innovation which helps the
organisation to utilise its resources effectively and works for the betterment of the society. On
the other hand, in this report there will be brief discussion bout various new innovative methods
to explore the sustainable innovation in the company. Along with that, there will be examination
of the current lifestyle which will be compiled with the sustainability ideals.
PART A
Researching and critical discussion about the importance of sustainable innovation with
use of real example, Bio-Bean
Sustainable innovation can be described a process which helps the organisation to utilise
its resources efficiently. There are rapid improvements which the company could implement in
order to achieve success in the market. They need to ensure that they are working in an
systematic manner (Hernandez-Vivanco, Bernardo, and Cruz-Cázares, 2018). The organisation
needs to evaluate various strategies to achieve economic viability and needs to manage the
working operations in a significant manner. For example Bio bean use different methods to
achieve continuous improvements and their ethical practices helps them to achieve sustainability
in the market. This is one of the most brilliant idea which the organisation use in order to achieve
sustainability. They use the coffee waste to power the power different sources and make the
viable energy for the environment. The organisation has a purpose and they are working
effectively in order to achieve the goal. The main aim is to create a change in the society with the
help of sustainable innovation. The major focus of the organisation in today's world is to achieve
sustainability in the market by using different methods and protocols.
Sustainable innovation helps the future to become more developed. On the other hand, it
involves internal changes in the company and also provides different economic benefits to the
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firm. The organisation needs to transform and innovate new ideas in order to become more
sustainable in the market. In relation to Bio Bean they had implemented the effective changes in
the workplace. This helps the organisation to reduce the waste and make them a better
organisation in the industry. There is a systematic workforce and structure which the company is
following in order to achieve great results in the future. In accordance to Bio bean sustainable
innovation is mentioned below:
Reducing the energy based costs helps the manufacturer to use multiple strategies in
order to cut down the cost while carrying out the operations in the organisation. There are
continuous improvements which the organisation is implementing to reduce the costs and fasten
the line of conduction (Gunarathne, 2019). For example, industrialising process is used to
recycle the coffee waste and make a sustainable source of energy. Bio Bean has become
successful to innovate electricity with the help of coffee waste. This will help them to reduce the
cost ion various necessary operations. Implementing a new process in the organisation has
improved their infrastructure and working operations. The strategy which is used by the Bio
Bean helps them to achieve a sustainable performance in the future.
Boosting innovation and morale of workforce takes different efforts and the
management needs to work in a coordinated manner with the employees. The organisation needs
to establish a healthy working environment. This will help them to boost the morale of the
employees and improve the overall productivity (Gottardo, and et.al 2021). In relation to Bio
Bean the management has establish an enhanced connection with the employees. This will help
them to achieve the objectives the goals and objectives effectively. There are various other
improvements which the company could implement in order to achieve success in the market.
On the other hand, Bio Bean give different instructions to the engineers to improve the overall
productivity and reduce the waste in a significant manner. This will result them to create a
sustainable impact in the market and manage their working operations effectively.
Attracting new customers by enhance the profit generation is a main motive of the
company. The organisation needs to attract different customers with the help of viable techniques
and methods (Costa, and Matias, 2020). The company needs to maintain a positive brand
integrity in the desired industry to attract new customers and maximize the profits. For example,
sustainable innovation of recycling the waste will lead the organisation to attract different
communities in the society. Bio bean attracts new customers by using different methods and
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strategies to enhance the sales. The organisation sustainable innovation plays a major role in in
attracting different customers from the market. They also work subordinately with the
government to asses different critical factors and managing the working operations effectively.
Balance the needs of the generation is one of the most viable methods to works for the
betterment of the society (Cillo, and et.al 2019). There are different environmental and social
needs which could be addressed by the organisation to achieve sustainability in the market.
Innovative sustainability is a long term approach which helps the organisation to avoid the over
consumption of the resources. For example, Bio Bean sustainable innovation plays a crucial role
in enriching the lives of the future generation. They are significantly changing ways with the
help of new technologies and infrastructure to achieve a sustainable performance in the market.
The organisation also needs to create a balance between the resources. They need to use the
resources effectively to preserve the environment.
Social and Inclusive Growth is a significant process to helps the society by improving
their living standards (Berkowitz, 2018). For example, a company like Bio Bean they are
addressing the critical factors to achieve social and inclusive growth in the market. With the help
of social inclusion the organisation can utilise the resources effectively and provide the
customers a social valued life. There are various other opportunities on which the organisation
can specialise in the upcoming future to achieve inherent growth. In accordance to Bio Bean
there are different ethical practices which is used by the company to improve the overall
performance significantly.
Environmental prosperity is the major factor most of the organisation using different
ways to achieve success and sustainability in the market. By using the new ways the chances of
achieving sustainability is significantly increased. In Bio Bean the organisation is majorly
involved in using different methods to reduce the waste and develop great products which is also
not harmful for the environment. On the other hand, sustainable innovation helps the
organisation to improve the productivity and efficiency of the workplace. This will help them to
offer better products to the consumers (Bag, 2018). In Bio Bean the main focus is to implement
different changes. The most common method which is used by the organisation is to recycle the
Spent coffee grounds in relation to achieve sustainability. They are also reducing the use of
carbon footprints and minimize the release of toxins in the environment. By implementing this
change the organisation replenish the natural environment. They are tweaking their working
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operations to offer better products to the consumers. The organisation has seen continuous
growth over a period of time by following all the ethical practices (Wang, Lo, and Weng,
2019). They had managed to achieve great results in the market and they are on the right path to
achieve sustainability.
PART B
Examining the current lifestyle along with writing a reflective document on how could an
individual will able to comply with the sustainability ideals
I personally believe in enjoying the life and optimize the lifestyle with the new trends
which are regulating in the market. On the other hand, I am also an environment friendly person.
I use the resources effectively in order to achieve environment prosperity. There is a significant
purpose of my life to work for the betterment of the society. I take different concerns to preserve
the natural environment. There are different considerations which is taken by me to carry out the
day to day operations effectively without harming the natural resources.
There are different principles which I use in order to comply with all the sustainability
ideals in an effective manner. With the help of these principles which I had properly implement
in my life. This helps me to reduce the waste and recycle it in an significant manner. I strictly do
not use the plastic bags and use other substitutes to carry groceries and other essential products. I
use the recycled printing paper to comply with all the sustainability ideals (Ludbrook, and et.al
2019). Improving and using the sustained dining practices helps me to achieve sustainability and
preserve the natural resources effectively. I personally opt to improve my diet with the use of
different healthy changes in my lifestyle. I reduce the use of Styrofoam which helps me to
improve my lifestyle and creating a healthy living standards. I had cut down my expenses and it
helps me in donating to different organisation which preserve the environment. The use of plastic
utensils has been significantly decreased in my lifestyle for the environment well-being.
I prefer a adventurous lifestyle in which I can fell connected towards the environment.
There are various messages and concepts which is used by me to promote the eco friendly
ideology between different individuals. There are various products which could be reused to
persevere the environment. It includes reusable straws, thermal bags etc. They comes at an
effective price which is beneficial for my lifestyle. On the other hand, it does not effect the
environment. Whenever there is essential food products left I properly dump in the garbage to
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reduce the waste and preserve the environment. I use the natural fertiliser in my garden to grow
the vegetables which are healthy and preserve the environment.
The most cleanest form of energy which does not harm the environment it is solar energy.
I use the solar panels in my house to generate the electricity and use other appliances. It is one of
the most crucial and important source of energy which does not harm the environment. New
technology is also implemented in my workplace to minimize the waste and save the resources
which are continuously depleting in the environment. I use the electric vehicle to minimize the
release the toxic and harmful gases in the environment. The main aim is to save the environment
with the help of new methods and technologies implementing in the lifestyle. personally believe
most of individuals needs to save the resources for the future generation.
CONCLUSION
From the above report, it has concluded that sustainable innovation is the most crucial
factor which drives the organisation to achieve success in the market and managing the working
operations effectively. On the other hand, in this report there will is brief discussion about the
new products which can be offered by the organisation by implementing new technological
advancements in the workplace. For further instance, in this report there will is evaluation about
how sustainability will help the organisation to reduce the costs and manage the working
operations effectively. For further instance, in this report there is discussion about new
technologies which could be implemented in the organisation to achieve sustainability in the
market. It has been also analysed from this report what are general protocols which the
individual needs to follow to comply with all the sustainability ideals.
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REFERENCES
Books and Journals:
Bag, S., 2018. Supplier management and sustainable innovation in supply networks: an empirical
study. Global Business Review, 19(3_suppl), pp.S176-S195.
Berkowitz, H., 2018. Meta-organizing firms' capabilities for sustainable innovation: A
conceptual framework. Journal of Cleaner Production, 175, pp.420-430.
Cillo, and et.al 2019. Understanding sustainable innovation: A systematic literature
review. Corporate Social Responsibility and Environmental Management, 26(5),
pp.1012-1025.
Costa, J. and Matias, J.C., 2020. Open innovation 4.0 as an enhancer of sustainable innovation
ecosystems. Sustainability, 12(19), p.8112.
Gottardo, and et.al 2021. Towards safe and sustainable innovation in nanotechnology: State-of-
play for smart nanomaterials. NanoImpact, 21, p.100297.
Gunarathne, N., 2019. Sustainable innovation measurement: Approaches and
challenges. Innovation for sustainability, pp.233-251.
Hernandez-Vivanco, A., Bernardo, M. and Cruz-Cázares, C., 2018. Sustainable innovation
through management systems integration. Journal of cleaner production, 196, pp.1176-
1187.
Kuokkanen, A., Uusitalo, V. and Koistinen, K., 2019. A framework of disruptive sustainable
innovation: an example of the Finnish food system. Technology Analysis & Strategic
Management, 31(7), pp.749-764.
Ludbrook, and et.al 2019. Business models for sustainable innovation in industry 4.0: Smart
manufacturing processes, digitalization of production systems, and data-driven decision
making. Journal of Self-Governance and Management Economics, 7(3), pp.21-26.
Wang, Y.Z., Lo, F.Y. and Weng, S.M., 2019. Family businesses successors knowledge and
willingness on sustainable innovation: The moderating role of leader's approval. Journal
of Innovation & Knowledge, 4(3), pp.188-195.
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