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Building a Sustainable Organisation: Impact on Long Term Competitive Advantage and Necessary Attributes for Success

   

Added on  2023-06-05

7 Pages1524 Words362 Views
Building a sustainable
organisation

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK A...........................................................................................................................................3
Drawing on relevant studies, critically discuss the concept of substantiality and its impact on
the long term competitive advantages of the organisations. Use example to illustrate your
discussion. .................................................................................................................................3
TASK B...........................................................................................................................................5
Critically discuss attributes and capabilities that are necessary for business success in a
complex and changing environment. ........................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
In the present scenario the businesses are dynamic and innovative in nature therefore they
keeps on ever-changing and future is uncertain which is impossible or difficult to forecast. The
factors which are being used in functioning of business includes: utilization of useful resources,
changes in consumer preferences, adoption of an advance technology, entrance of new and fresh
competitor thus this can have major impact on businesses. In order to remain sustainable in an
organisation it is necessary for the business to adapt those strategies which helps to remain
sustain in the market on a long term basis. The sustainability of an organisation helps the
businesses in proper functioning and to accomplish the organizational goal and objectives. In this
report I have opt a Tesco company. In 1919, jack Cohen founded the TESCO company, it is a
British multinational departmental store and general merchandise retailer. The head quartered of
a company is in Welwyn Garden City, England UK. This particular report will include the
information about sustainable development, impacts on long term competitive advantage with
the help of an example and the essential characteristics and capabilities for enterprise to attain
success in complex and dynamic environment.(Vandenbrande,2021).
MAIN BODY
TASK A
Drawing on relevant studies, critically discuss the concept of substantiality and its impact
on the long term competitive advantages of the organisations. Use example to
illustrate your discussion.
Sustainable development is a process of fulfilling the needs and requirements of future
generation without compromising the needs of a existing generations. The Sustainable
development influences the organisation for maximum effective utilisation of the resources and
to remain sustainable for the long term. This kind of development helps the firm to grab the new
opportunities which helps to grow the business and to generate uniqueness in their businesses.
Therefore it supports an organisation to form the strategies for the long term instead of short term
due to which the functioning of an organisation can be run without affecting the surroundings

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