Sustainable leadership

Citation

Makipere, K. (2008), "Sustainable leadership", Strategic Direction, Vol. 24 No. 9. https://doi.org/10.1108/sd.2008.05624iad.005

Sustainable leadership

Article Type: Abstracts From: Strategic Direction, Volume 24, Issue 9

Makipere K. and , Yip G.S.Business Strategy Review, Spring 2008, Vol. 19 No. 1, Start page: 64, No. of pages: 4

Purpose – to examine the concept of corporate sustainability and address the reasons why some industries/companies are becoming sustainable while others are not. Design/methodology/approach – defines corporate sustainability as “a business approach that creates long-term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social developments”. Discusses the pressures to sustain and why they vary between firms and industries. Findings – sustainability can be measured in economic, environmental or social terms. It varies greatly across industries. The factors in producing different pressures on companies to be sustainable are: the nature of the industry’s product, the level of its energy and resource consumption, the criticality of human capital for its success, and the size of the company within the industry. Research limitations/implications – companies with successful corporate sustainability tend to take a holistic view of their activities and achieve all three types of sustainability. All companies can achieve corporate sustainability, even in industries like energy. Originality/value – many public concerns – such as the environment and corporate scandals – now make it impossible for companies to overlook the need for sustainable operations, but achieving this requires knowledge of the relevant factors. ISSN: 0955-6419 Reference: 37AJ245

Keywords: Corporate governance, Social responsibility, Sustainable development