Abstract
AbstractUnless strategies are adopted to ensure materials remain in circulation within the economy, the manufacturing sector may be unable to support increasing demand from a growing global population. The purpose of this research is to present a framework for manufacturers to aid in the formulation of ecologically embedded strategy. The framework proposes five steps which integrate corporate, business, operations and sustainability strategy in a holistic manner with operations strategy informing business strategy. Qualitative comparative analysis is implemented to identify the causal characteristics of ecologically embedded products which are then used to select two cases for the application of process tracing (PT). Product case studies indicate a failure to communicate provenance, quality and lifecycle information to consumers, and hence, the slowing or closing of loops as part of a circular economy is not being effectively realised. PT confirms the feasibility of the framework for ecocentric strategy formulation in manufacturing. Manufacturers, policymakers and investors may use this framework to leverage the benefits of ecological embeddedness to enable continued growth and future-proofing.
Publisher
Springer Science and Business Media LLC
Subject
Strategy and Management,Business and International Management,Management Information Systems
Cited by
12 articles.
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