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Title Sustainable strategies and firm performance in manufacturing industry of Coahuila, Mexico
ID_Doc 66399
Authors Lara-Pérez, JA; Aguilera-Tovar, A; Hernandez-Rodriguez, A
Title Sustainable strategies and firm performance in manufacturing industry of Coahuila, Mexico
Year 2023
Published Academia-Revista Latinoamericana De Administracion, 36, 4
Abstract PurposeAdoption and implementation of sustainable strategies (SS) in firms have been widely studied; however, there is scarce evidence of factors that affect the overall firm performance (FP). Therefore, in this research the variables knowledge management (KM) and professionalization (PR) toward the adoption of SS and their impact on FP are promoted.Design/methodology/approachData from 120 firms in manufacturing industry in Coahuila, Mexico, were collected, and the study is based on the PLS-SEM technique.FindingsThe results revealed that (1) KM and PR present a positive impact on SS and (2) SS are positively related to FP.Practical implicationsFor manufacturing managers, it is necessary to implement SS that meet the expectations of stakeholders, in addition to training human resources with the ability to achieve the aims of the firm and at the same time take care of the environment. As for corporate policymakers, it is essential that they promote global environmental care strategies based on collaborative business.Originality/valueThis research contributes to literature on business management, mainly to the incorporation of SS that allow boosting the economic aspect, but without neglecting social and environmental part. PropositoLas investigaciones acerca de la adopcion e implementacion de estrategias sostenibles (ES) en las organizaciones han sido muy estudiadas, sin embargo, hay poca evidencia de los factores que inciden en el rendimiento empresarial (RE). Por consiguiente, en esta investigacion promueve la gestion del conocimiento (GC) y profesionalizacion (PR) hacia la adopcion de ES y su impacto en el RE.Diseno/metodologia/enfoqueSe incluyen datos de 120 empresas manufactureras de Coahuila, Mexico y la investigacion esta basada en la tecnica PLS-SEM.HallazgosEn concreto, los resultados revelaron que: (1) la gestion del conocimiento y la profesionalizacion presentan un impacto positivo en las estrategias sostenibles y (2) las estrategias sostenibles se relacionan positivamente con el rendimiento empresarial.Implicaciones practicas:Para los directivos de la industria manufacturera, es necesario implementar estrategias sostenibles que cumplan con las expectativas de los grupos de interes, ademas de formar recursos humanos con la capacidad de alcanzar los objetivos organizacionales y al mismo tiempo lograr un cuidado del medio ambiente. En cuanto a los responsables politicos, es esencial que promuevan estrategias globales de cuidado del medio ambiente basadas en la colaboracion empresarial.Originalidad/valor:La investigacion contribuye a la literatura de la gestion empresarial, en la incorporacion de estrategias sostenibles que impulsen el aspecto economico, pero sin descuidar la parte social y ambiental.
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