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Scientific Article details

Title Road-mapping the business potential of sustainability within the European manufacturing industry
ID_Doc 34617
Authors Valkokari, K; Valkokari, P; Palomäki, K; Uusitalo, T; Reunanen, M; Macchi, M; Rana, P; Liyanage, JP
Title Road-mapping the business potential of sustainability within the European manufacturing industry
Year 2014
Published Foresight, 16, 4
DOI 10.1108/FS-05-2012-0037
Abstract Purpose - The purpose of this study is to explore the required changes, outline business potential and envisage the key steps that a networked manufacturing industry needs to take to reach more sustainably performing manufacturing in the future. Design/methodology/approach - The paper utilises a visionary road-mapping approach to study the required changes and the business potential related to sustainable development in the manufacturing industry. Findings - The results were summarised in three sub-roadmaps empowerment of stakeholders, increase efficiency and creation of new performance criteria. On the basis of the summary of the sub-roadmaps, the framework was configured to describe the opportunities and challenges of sustainable business development in the European manufacturing industry. Research limitations/implications - A clear implication of this study is that a more system-oriented approach, new models for collaboration between network actors and transparently shared network-level KPIs are required before further steps towards a sustainable manufacturing industry can be taken. In addition, sustainability-driven business models are required to specify these changes concretely. Practical implications - The presented sub-roadmaps and framework summarising them could provide new insights to business practitioners exploring business potential of sustainability. Social implications - Understanding about the road-mapping process as tool that enables interaction and envisioning between different stakeholders could also have social implications supporting shared industry-level learning processes. Originality/value - Studies of sustainability within the manufacturing industry have focused mainly on green issues in supply-chain management or corporation-level governance models and reporting practices. The paper presents a broader view of sustainable development and recognises networked business as part of the solution.
Author Keywords Sustainable development; Social responsibility; Environmental management; Economic growth; Post-industrial societies
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000213146000005
WoS Category Regional & Urban Planning
Research Area Public Administration
PDF https://re.public.polimi.it/bitstream/11311/936996/2/Road-mapping%20the%20business%20potential%20of%20sustainability_11311-936996_Macchi.pdf
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