Sustainable Organizations: Attributes and Capabilities for Success
VerifiedAdded on 2023/06/07
|5
|827
|258
Essay
AI Summary
This essay critically discusses the concept of sustainability and its impact on long-term competitive advantages for organizations. It highlights that sustainable development involves adapting business strategies to meet the needs of both the venture and its stakeholders, emphasizing conducting business without adversely affecting the environment or society. The essay also examines attributes and capabilities necessary for business success in a complex and changing environment, such as client focus and a positive organizational culture. Client focus is crucial for enhancing customer satisfaction and brand loyalty, while a positive organizational culture fosters productivity and attracts both clients and employees. The essay references academic sources to support its arguments, providing a comprehensive overview of building a sustainable organization and achieving competitive advantages.