Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Purpose of Business. Where Value meets Strategic Sustainable Development

The Purpose of Business. Where Value meets Strategic Sustainable Development

Von Petersdorff, Sophia

Paperback

Management

ISBN10: 3668771014
ISBN13: 9783668771017
Publisher: Grin Verlag
Published: Sep 10 2018
Pages: 100
Weight: 0.31
Height: 0.24 Width: 5.83 Depth: 8.27
Language: English
Master's Thesis from the year 2018 in the subject Business economics - General, grade: 1,6, Blekinge Institute of Technology (Strategic Sustainability), language: English, abstract: The current global economic paradigm, centred on growth, is a significant barrier in the transition towards a sustainable society. Business-as-Usual companies operating within this paradigm are perceived to prosper at the expense of society and environment which is not viable on a finite planet. The need to rethink the purpose of business is inevitable as maximising shareholder value, has been deemed insufficient to create a sustainable society. This study aimed to explore: how business models can be used to create value that supports Strategic Sustainable Development. Previous research proposed that the concept of Business Models for Sustainability helps business place sustainability at the core of all consideration. A qualitative research was chosen for which we employed the Framework for Strategic Sustainable Development and combined a literature review with an investigation of three expert groups to answer our research question. Our findings showed that, compared to other value forms, system value is the most appropriate concept for businesses striving towards sustainable development. Based on our findings, six themes emerged that businesses need to address to accelerate the speed of change towards sustainability. To make a relevant contribution to the intended audience, a prototype has been developed based on our findings.

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