Sustainable Business Development: Inventing the Future Through Strategy, Innovation, and Leadership

by David L. Rainey

• ISBN13: 9780521862783
• ISBN10: 0521862787
• Format: Hardcover
• Copyright: 2006-08-14
• Publisher: Cambridge University Press

Summary

In today's turbulent business environment, leaders must begin to think more broadly about what a corporation is and how it can create a richer future. With the globalization of the world's economies, the intensification of competition, and recent quantum leaps in technological development, the insular and static strategic thinking of many global corporations has become inadequate for understanding the business environment and determining strategic direction. This book provides comprehensive and practical analysis of what sustainable business development (SBD) is and how companies can use it to make a significant difference. Case studies of companies in the U.S., Europe, the Pacific Rim and South America demonstrate that achieving innovation and integration depends on a comprehensive understanding of all of the forces which drive change and responding to them with new ways of strategic thinking. It is compulsory reading for MBA students and executives as well as professional readers.

Author Biography

David L. Rainey is Professor of Management at the Lally School of Management and Technology, Rensselaer Polytechnic Institute, USA

Table of Contents

List of figures	xii
List of tables	xvi
List of boxes	xix
List of abbreviations	xxi
Acknowledgments	xxvi
Introduction	1	(12)
The coming of age of sustainable business development	1	(4)
Philosophy and purpose of the book	5	(3)
Notes	8	(1)
References	8	(5)
Part I Enterprise thinking, the driving forces of change, and leadership
1 Sustainable business development: overview and guiding principles	13	(59)
Introduction	13	(5)
The framework of the book	18	(1)
A brief history of environmental management	19	(9)
The underpinnings of SBD	28	(15)
Developing an SBD program	43	(8)
An SBD perspective on innovation management	51	(11)
Overview of LCT and LCA	62	(2)
Summary	64	(2)
Supplementary material	66	(1)
Notes	67	(2)
References	69	(3)
2 Enterprise thinking and the strategic logic of strategic business development	72	(78)
Introduction	72	(2)
Enterprise thinking and management	74	(14)
An enterprise management model	88	(9)
The value proposition: the essence of SBD	97	(12)
The strategic process for inventing the future	109	(22)
The strategic logic for SBD	131	(7)
Risk mitigation	138	(4)
Summary	142	(2)
Supplementary material	144	(1)
Notes	145	(3)
References	148	(2)
3 Crafting sustainable business strategies and solutions	150	(63)
Introduction	150	(3)
The linkages between analytical models and business models	153	(27)
Determining strategies for SBD	180	(16)
Performance evaluation system	196	(12)
Summary	208	(2)
Supplementary material	210	(1)
Notes	211	(1)
References	212	(1)
4 The driving forces of social-, economic-, and environmental-related change	213	(57)
Introduction	213	(2)
Understanding the implications of the business environment	215	(3)
The analytical process for understanding the business environment	218	(10)
Social, political, and regulatory milieus	228	(10)
Primary economic considerations	238	(17)
Environmental considerations and implications	255	(9)
Summary	264	(2)
Supplementary material	266	(1)
Notes	267	(2)
References	269	(1)
5 The driving forces of markets and stakeholders' connectedness	270	(66)
Introduction	270	(1)
Understanding the implications of market forces	271	(14)
Understanding stakeholder expectations	285	(8)
Sustainable marketing and corporate reporting	293	(21)
Connecting to supporting entities	314	(16)
Summary	330	(2)
Supplementary material	332	(1)
Notes	333	(2)
References	335	(1)
6 Crafting a sustainable enterprise through leadership and capabilities	336	(49)
Introduction	336	(3)
Leadership constructs for creating a sustainable enterprise	339	(10)
A dynamic view of core competencies and core capabilities	349	(12)
Managing change across the enterprise using cross-functional and cross-company integration	361	(6)
Cultural aspects of organizational dynamics and the agile enterprise	367	(8)
Summary	375	(1)
Supplementary material	376	(1)
Notes	377	(2)
References	379	(6)
Part II Innovation management, life cycle considerations, and insights
7 Sustainable technology management and development	385	(59)
Introduction	385	(2)
Strategic technology management	387	(14)
A generalized construct for managing technological change	401	(11)
Technological forecasting and assessment	412	(4)
Strategies for radical technological innovation, technological innovation, and product and process innovation	416	(8)
Radical technological innovation	424	(6)
Technological innovation	430	(8)
Product and process innovation	438	(1)
Summary	439	(1)
Supplementary material	440	(1)
Notes	441	(2)
References	443	(1)
8 Crafting and implementing sustainable business development programs	444	(63)
Introduction	444	(2)
Selecting SBD innovation programs	446	(19)
Managing improvement programs	465	(8)
Development program management	473	(30)
Summary	503	(1)
Supplementary material	504	(1)
Notes	505	(1)
References	506	(1)
9 Life cycle thinking and framework	507	(45)
Introduction	507	(2)
Improving performance through LCT	509	(5)
Systems integration and LCT	514	(4)
LCT at the product delivery level	518	(4)
Design and development principles based on LCT	522	(7)
Creating a life cycle framework	529	(16)
Analytical research frameworks: the precursors to LCA	545	(3)
Summary	548	(2)
Supplementary material	550	(1)
Notes	550	(1)
References	551	(1)
10 Formulation of life cycle assessment: initiation and inventory assessment	552	(54)
Introduction	552	(2)
The LCA construct	554	(6)
The contextual implications of LCA	560	(3)
The LCA framework	563	(7)
The initiation	570	(16)
Inventory assessment	586	(15)
Deploying inventory assessment	601	(1)
Summary	602	(1)
Supplementary material	603	(1)
Notes	604	(1)
References	605	(1)
11 Implementation of life cycle assessment: impact and improvement assessments	606	(41)
Introduction	606	(1)
Impact assessment	607	(22)
Improvement assessment	629	(5)
LCA and program evaluation	634	(10)
Summary	644	(1)
Supplementary material	645	(1)
Notes	646	(1)
References	646	(1)
12 Inventing the future through enterprise thinking and sustainable business development	647	(43)
Introduction	647	(2)
Inventing the future through positive relationships	649	(6)
Maximizing value for customers, stakeholders, and constituencies	655	(15)
The implications of enterprise thinking and SBD	670	(7)
Learning from leading edge, global corporations	677	(3)
Concluding comments	680	(7)
Notes	687	(1)
References	688	(2)
Glossary	690	(28)
Select bibliography	718	(4)
Index	722