IDEAS home Printed from https://ideas.repec.org/h/spr/csrchp/978-3-030-06014-5_16.html
   My bibliography  Save this book chapter

How Sustainability and a Culture of Trust Shape Entrepreneurial Success at VAUDE

In: Rethinking Strategic Management

Author

Listed:
  • Lisa Fiedler

    (VAUDE Sport GmbH & Co. KG)

  • Felix Bongen

    (VAUDE Sport GmbH & Co. KG)

  • Anna Elleke

    (VAUDE Sport GmbH & Co. KG)

Abstract

With the vision to become Europe’s most sustainable outdoor outfitter, VAUDE Sport GmbH & Co.KG has demonstrated how to successfully integrate environmental and social value creation with economic objectives. Driven by its sustainable vision, the family-owned company has embedded sustainability considerations into strategies at various levels in the organization and the entire supply chain. This vision-driven approach has created a work environment that facilitates responsibility as well as commitment and promotes innovative entrepreneurial behaviour. To bring sustainable strategy to action, product life cycles are designed to enable durability, the use of sustainable materials, environmentally friendly and fair production, and environmentally friendly use with a strong emphasis on recycling rather than disposal. To realize its aspiration, VAUDE fosters a corporate culture of trust and innovation which facilitates self-efficacy within the organization. This work environment promotes people’s creativity, honesty and loyalty. Trustful relationships are considered as a foundation for successful innovation and sustainable collaboration along the entire value chain. A new idea management called “Steps” has been introduced to identify and leverage unexploited knowledge, skills and motivation in the entire network. VAUDE’s commitment to sustainability is ideologically anchored and reflected in its audited Common Good balance sheet. It has been able to realize above average economic success through its entrepreneurial conviction.

Suggested Citation

  • Lisa Fiedler & Felix Bongen & Anna Elleke, 2019. "How Sustainability and a Culture of Trust Shape Entrepreneurial Success at VAUDE," CSR, Sustainability, Ethics & Governance, in: Thomas Wunder (ed.), Rethinking Strategic Management, chapter 0, pages 329-342, Springer.
  • Handle: RePEc:spr:csrchp:978-3-030-06014-5_16
    DOI: 10.1007/978-3-030-06014-5_16
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:csrchp:978-3-030-06014-5_16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.