Sustainability Strategy: Need and Implementation Methodology
Keywords:
Methodology, Strategy of implementing, Environmental Side, Supplier Side, Competition SideAbstract
Business organizations come into existence with the purpose of satisfying one or many needs of the society. While doing so the organization get benefited in terms of profits.
The key challenges for any organization are always:
- Survival and
- Growth
Most of the time the profits are received only after the need of the society is delivered or served i.e. satisfied by the serving business organization. In very few cases the profits are received before the delivery. Thus, it is very important for any business organization to survive, till the profits are received and the next cycle is repeated.
The utility of any need keeps diminishing after every instance of delivery or satisfaction of the client, who is part of the society. Hence it is important for the organizations to continuously find way to sustain their survival and growth.
This is indispensable activity for every organization and hence it must be driven in strategic manner to ensure effectivity.
