Title |
Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage |
ID_Doc |
69877 |
Authors |
Bari, N; Chimhundu, R; Chan, KC |
Title |
Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage |
Year |
2022 |
Published |
Sustainability, 14, 3 |
DOI |
10.3390/su14031531 |
Abstract |
Dynamic capabilities and sustainability practices have become the center of attention for companies globally, but there is still a debate on how organizations can successfully develop dynamic capabilities and achieve sustainability for competitive advantage. This paper discusses the outcomes of a comprehensive systematic literature review (SLR) following the PRISMA guidelines and employs dynamic capabilities theory to suggest that strategic routines and competencies, integrated value chains, sustainability-oriented transformations, and strategic organizational developments are the drivers to effectively develop dynamic capabilities. Similarly, environmental-oriented sustainability, sustainable strategic management, sustainable dynamic capabilities, stakeholder-centric approach, sustainable supply chain management, operational excellence, sustainable research and development (R&D), and sustainability-oriented global business strategy are found to be the drivers to achieve overall corporate sustainability. Based on the findings, a conceptual model is proposed to obtain sustained competitive advantage by developing sustainable dynamic capabilities and achieving corporate sustainability. |
Author Keywords |
sustainability; dynamic capabilities; corporate; drivers |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
EID |
WOS:000755283600001 |
WoS Category |
Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies |
Research Area |
Science & Technology - Other Topics; Environmental Sciences & Ecology |
PDF |
https://www.mdpi.com/2071-1050/14/3/1531/pdf?version=1644198345
|