IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i4p1374-d1334420.html
   My bibliography  Save this article

A Framework of Hybrid Method for Developing Optimal Sustainable Product Strategies and Sustainable Product Roadmap

Author

Listed:
  • Chun-Wei Chen

    (Department of Mechanical Engineering, National Chin-Yi University of Technology, Taichung 411030, Taiwan)

Abstract

The success of sustainable product strategies is widely recognized as pivotal to the successful development of sustainable products. Despite some existing research on sustainable product strategies, there is a notable lack of investigation into the tools necessary for their effective development. To address this gap, our study aims to (1) introduce a methodological framework that systematically shapes sustainable product strategy, incorporating key technologies like a Sustainable Product Strategies Focus Group (SPSFG), Brainstorming, Weighted Decision Matrix (WDM), and Genetic Algorithm (GA); (2) demonstrate the practical application of this framework through the example of 3C products; and (3) contribute theoretically by proposing a tool for creating sustainable product strategies that integrates management principles, providing a practical guide for the development of control systems and tools. This study also maps out implications for the future of sustainable 3C products. The development of optimal sustainable product strategies across various sectors requires a comprehensive hybrid approach. This method combines diverse methodologies to create a robust framework addressing unique challenges in health systems, education, environment, industry, agriculture, energy, and resource management. Leveraging quantitative analysis, qualitative assessment, and systems thinking, the hybrid approach provides a nuanced understanding of interdependencies within these sectors. Integrating data-driven insights and qualitative considerations facilitates sustainable strategies, optimizing resource utilization for long-term environmental, social, and economic benefits. This holistic methodology enables a more effective response to interconnected challenges in health systems, education, environmental preservation, industry, agriculture, energy, and resource management, promoting a more sustainable future.

Suggested Citation

  • Chun-Wei Chen, 2024. "A Framework of Hybrid Method for Developing Optimal Sustainable Product Strategies and Sustainable Product Roadmap," Sustainability, MDPI, vol. 16(4), pages 1-33, February.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:4:p:1374-:d:1334420
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/4/1374/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/4/1374/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Manuel Branco & Lúcia Rodrigues, 2006. "Corporate Social Responsibility and Resource-Based Perspectives," Journal of Business Ethics, Springer, vol. 69(2), pages 111-132, December.
    2. Hanen Sdiri, 2023. "Do Environmental Commitment And Innovation Influence Export Intensity? Firm-Level Evidence From Tunisia," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 27(06), pages 1-30, August.
    3. Laura Hartman & Robert Rubin & K. Dhanda, 2007. "The Communication of Corporate Social Responsibility: United States and European Union Multinational Corporations," Journal of Business Ethics, Springer, vol. 74(4), pages 373-389, September.
    4. Rosa Dangelico & Devashish Pujari, 2010. "Mainstreaming Green Product Innovation: Why and How Companies Integrate Environmental Sustainability," Journal of Business Ethics, Springer, vol. 95(3), pages 471-486, September.
    5. Tejaswini Chatty & Will Harrison & Hana H. Ba-Sabaa & Jeremy Faludi & Elizabeth L. Murnane, 2022. "Co-Creating a Framework to Integrate Sustainable Design into Product Development Practice: Case Study at an Engineering Consultancy Firm," Sustainability, MDPI, vol. 14(15), pages 1-23, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Busaya Virakul & Kalayanee Koonmee & Gary N. McLean, 2009. "CSR activities in award‐winning Thai companies," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 5(2), pages 178-199, June.
    2. Gangi, Francesco & Meles, Antonio & Monferrà, Stefano & Mustilli, Mario, 2020. "Does corporate social responsibility help the survivorship of SMEs and large firms?," Global Finance Journal, Elsevier, vol. 43(C).
    3. Francisco Javier Forcadell & Elisa Aracil, 2017. "European Banks' Reputation for Corporate Social Responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(1), pages 1-14, January.
    4. Belaid Rettab & Anis Brik & Kamel Mellahi, 2009. "A Study of Management Perceptions of the Impact of Corporate Social Responsibility on Organisational Performance in Emerging Economies: The Case of Dubai," Journal of Business Ethics, Springer, vol. 89(3), pages 371-390, October.
    5. Ioannis E. Nikolaou, 2019. "A Framework to Explicate the Relationship Between CSER and Financial Performance: an Intellectual Capital-Based Approach and Knowledge-Based View of Firm," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1427-1446, December.
    6. Kawai, Norifumi & Strange, Roger & Zucchella, Antonella, 2018. "Stakeholder pressures, EMS implementation, and green innovation in MNC overseas subsidiaries," International Business Review, Elsevier, vol. 27(5), pages 933-946.
    7. Norifumi Kawai & Roger Strange & Antonella Zucchella, 2016. "Stakeholder Pressures, EMS Implementation, and Green Innovation in MNC Overseas Subsidiaries," DEM Working Papers Series 121, University of Pavia, Department of Economics and Management.
    8. Wei Qian & Carol Tilt & Dinithi Dissanayake & Sanjaya Kuruppu, 2020. "Motivations and impacts of sustainability reporting in the Indo‐Pacific region: Normative and instrumental stakeholder approaches," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3370-3384, December.
    9. Gary F. Peters & Andrea M. Romi & Juan Manuel Sanchez, 2019. "The Influence of Corporate Sustainability Officers on Performance," Journal of Business Ethics, Springer, vol. 159(4), pages 1065-1087, November.
    10. Dirk Boehe & Luciano Barin Cruz, 2010. "Corporate Social Responsibility, Product Differentiation Strategy and Export Performance," Journal of Business Ethics, Springer, vol. 91(2), pages 325-346, February.
    11. Ourvashi Bissoon, 2018. "Corporate social responsibility in Mauritius: an analysis of annual reports of multinational hotel groups," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 3(1), pages 1-19, December.
    12. Freddy Huet & Simon Porcher, 2013. "Innovation and regulatory outcomes: evidence from the public-private contracts for water supply in France," Chapters, in: Mehmet Ugur (ed.), Governance, Regulation and Innovation, chapter 9, pages 216-236, Edward Elgar Publishing.
    13. Zhang, Yibin & Hafezi, Maryam & Zhao, Xuan & Shi, Victor, 2017. "Reprint of “The impact of development cost on product line design and its environmental performance”," International Journal of Production Economics, Elsevier, vol. 194(C), pages 126-134.
    14. Francesco Gangi & Antonio Meles & Eugenio D'Angelo & Lucia Michela Daniele, 2019. "Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(3), pages 529-547, May.
    15. Ki‐Hoon Lee & Ji‐Whan Kim, 2011. "Integrating Suppliers into Green Product Innovation Development: an Empirical Case Study in the Semiconductor Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 20(8), pages 527-538, December.
    16. Barcos, Lucía & Barroso, Alicia & Surroca, Jordi & Tribó, Josep A., 2013. "Corporate social responsibility and inventory policy," International Journal of Production Economics, Elsevier, vol. 143(2), pages 580-588.
    17. Gutierrez, I. & Alcaraz, J.M. & Susaeta, L. & Suarez, E. & Pin , José Ramón, 2015. "Managing Sustainability for Competitive Advantage: Evidence From the Hospitality Industry," IESE Research Papers D/1115, IESE Business School.
    18. Jaime-Andres Correa-Garcia & Maria-Antonia Garcia-Benau & Emma Garcia-Meca, 2018. "CSR Communication Strategies of Colombian Business Groups: An Analysis of Corporate Reports," Sustainability, MDPI, vol. 10(5), pages 1-19, May.
    19. Simone Pizzi, 2018. "The Relationship between Non-financial Reporting, Environmental Strategies and Financial Performance. Empirical Evidence from Milano Stock Exchange," Administrative Sciences, MDPI, vol. 8(4), pages 1-9, November.
    20. Bert Scholtens & Feng‐Ching Kang, 2013. "Corporate Social Responsibility and Earnings Management: Evidence from Asian Economies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 20(2), pages 95-112, March.

    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:gam:jsusta:v:16:y:2024:i:4:p:1374-:d:1334420. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.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.