| Title | Sustainability risk and portfolio management-A strategic scenario method for sustainable product development |
|---|---|
| ID_Doc | 73996 |
| Authors | Villamil, C; Schulte, J; Hallstedt, S |
| Title | Sustainability risk and portfolio management-A strategic scenario method for sustainable product development |
| Year | 2022 |
| Published | Business Strategy And The Environment, 31, 3 |
| Abstract | Companies need to strategically develop their portfolio and find the balance between being proactive and passive in relation to sustainability. In this study, a strategic perspective based on backcasting from overarching socio-ecological sustainability principles was used as a lens to understand how companies might adapt their product portfolios to avoid threats and exploit opportunities on increasingly sustainability-driven markets. The study shows that sustainability performance, market success, and time are key areas to be considered in the product portfolio process to ensure short-term profitability and long-term competitiveness. A novel method was developed and tested in one academic group and two companies to explore how such a strategic sustainability perspective can support the product portfolio process in practice. The results indicate that the strategic layered double-flow scenario method, including different time horizons, was supportive in identifying opportunities and avoid risks in the sustainable development process at the company. |
| https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/bse.2934 |
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