In: Operations Management
According to Epstein and Buhovac (2014), which of the following statements are correct? (more than one correct answer)
a) Sustainability may be or may not be an integral component of corporate strategy.
b) Leadership must be committed to be sustainability and build additional organizational capacity.
c) Sustainability strategies should be supported with mission, culture, and people as appropriate.
d) Sustainability strategies should be supported with management control, performance measurement, and reward systems, as appropriate.
All of the above.
(A) Sustainability may be or may not be an integral component of corporate strategy.
(B) Leadership must be committed to sustainability and build additional organizational capacity.
(C) Sustainability strategies should be supported with mission, culture, and people as appropriate.
(D) Sustainability strategies should be supported with management control, performance measurement, and reward systems, as appropriate.
Rationale
All the above points according to Epstein and Buhovac (2014) are necessary and critically important for an organization to formulate a sustainability strategy. They made this observation in their book called Making Sustainability Work - Best Practices in Managing and Measuring Corporate Social, Environmental, and Economic Impacts.
Thanks for your question. If you think my effort is worthwhile, please give an upvote as it really helps me improve further and contribute more towards this knowledge society (of which you are an integral part).