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Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

Author

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  • Nadeem Bari

    (School of Business, University of Southern Queensland, Toowoomba 4350, Australia)

  • Ranga Chimhundu

    (School of Business, University of Southern Queensland, Toowoomba 4350, Australia)

  • Ka-Ching Chan

    (School of Business, University of Southern Queensland, Toowoomba 4350, Australia)

Abstract

Dynamic capabilities and sustainability practices have become the center of attention for companies globally, but there is still a debate on how organizations can successfully develop dynamic capabilities and achieve sustainability for competitive advantage. This paper discusses the outcomes of a comprehensive systematic literature review (SLR) following the PRISMA guidelines and employs dynamic capabilities theory to suggest that strategic routines and competencies, integrated value chains, sustainability-oriented transformations, and strategic organizational developments are the drivers to effectively develop dynamic capabilities. Similarly, environmental-oriented sustainability, sustainable strategic management, sustainable dynamic capabilities, stakeholder-centric approach, sustainable supply chain management, operational excellence, sustainable research and development (R&D), and sustainability-oriented global business strategy are found to be the drivers to achieve overall corporate sustainability. Based on the findings, a conceptual model is proposed to obtain sustained competitive advantage by developing sustainable dynamic capabilities and achieving corporate sustainability.

Suggested Citation

  • Nadeem Bari & Ranga Chimhundu & Ka-Ching Chan, 2022. "Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage," Sustainability, MDPI, vol. 14(3), pages 1-27, January.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1531-:d:736725
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    References listed on IDEAS

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    1. Markard, Jochen & Raven, Rob & Truffer, Bernhard, 2012. "Sustainability transitions: An emerging field of research and its prospects," Research Policy, Elsevier, vol. 41(6), pages 955-967.
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    Cited by:

    1. Sultan Alaswad Alenazi & Tawfeeq Mohammed Alanazi, 2023. "The Mediating Role of Sustainable Dynamic Capabilities in the Effect of Social Customer Relationship Management on Sustainable Competitive Advantage: A Study on SMEs in Saudi Arabia," Sustainability, MDPI, vol. 15(3), pages 1-12, January.
    2. Borui Yan & Bo Yao & Qian Li & Qianli Dong, 2022. "Study on the Impact of Supply Chain Dynamic Capabilities on Long-Term Performance of Enterprises," Sustainability, MDPI, vol. 14(19), pages 1-18, September.
    3. Andra-Teodora Gorski & Elena-Diana Ranf & Dorel Badea & Elisabeta-Emilia Halmaghi & Hortensia Gorski, 2023. "Education for Sustainability—Some Bibliometric Insights," Sustainability, MDPI, vol. 15(20), pages 1-17, October.
    4. Junaid, Muhammad & Zhang, Qingyu & Cao, Mei & Luqman, Adeel, 2023. "Nexus between technology enabled supply chain dynamic capabilities, integration, resilience, and sustainable performance: An empirical examination of healthcare organizations," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    5. Summer K. Mohamed & Sandra Haddad & Mahmoud Barakat & Bojan Rosi, 2023. "Blockchain Technology Adoption for Improved Environmental Supply Chain Performance: The Mediation Effect of Supply Chain Resilience, Customer Integration, and Green Customer Information Sharing," Sustainability, MDPI, vol. 15(10), pages 1-20, May.
    6. Obaid Mobarak Al-Shuridah & Nelson Oly Ndubisi, 2023. "The Effect of Sustainability Orientation on CRM Adoption," Sustainability, MDPI, vol. 15(13), pages 1-14, June.
    7. Mei Feng & Chu Chen & Jia Liu & Wei Jia, 2022. "Does Central Environmental Protection Inspector Improve Corporate Social Responsibility? Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 14(22), pages 1-22, November.

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