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Stakeholder Role for Developing a Conceptual Framework of Sustainability in Organization

Author

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  • Aarti Singh

    (Department of Management Studies, Indian Institute of Technology Delhi, New Delhi 110 016, India)

  • Sushil

    (Department of Management Studies, Indian Institute of Technology Delhi, New Delhi 110 016, India)

  • Samarjit Kar

    (Department of Mathematics, National Institute of Technology Durgapur, West Bengal 713 209, India)

  • Dragan Pamucar

    (Department of Logistics, University of Defence, Military Academy, 11000 Belgrade, Serbia)

Abstract

The purpose of this research is to frame the hierarchical pathway treading the sustainability factors from driving to dependent elements. Hence, this study starts with a brief literature review of the sustainable organization which enables the expansion of sustainability into essential factors. Experts further verified these identified factors and used for framing the hierarchical framework of sustainability in organizations. Total Interpretive Structural Modeling (TISM) has been applied for identifying the driving factor of sustainability and delivering the crucial links among the sustainability factors in organizations. While most of the organizations focus on sustainability by considering the Triple Bottom Line (TBL) framework, this paper has presented the fourth dimension of sustainability which drives sustainability in organizations. The hierarchical relationship is vital to identify the vitality and significance of factors. This in turn provides an efficient approach to achieve sustainability in organizations. The expert’s review has been calculated statistically to validate the factors and conceptual hierarchical framework. Hence, the policymakers make use of sustainability hierarchy to frame a correct and efficient policy for maintaining sustainable practices that help managers to shift their priorities of an organization at the managerial level from economic growth to sustainable development. Finally, the future research direction and the limitation of the study are discussed.

Suggested Citation

  • Aarti Singh & Sushil & Samarjit Kar & Dragan Pamucar, 2019. "Stakeholder Role for Developing a Conceptual Framework of Sustainability in Organization," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:1:p:208-:d:194738
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    References listed on IDEAS

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