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An ISM approach for modelling the enablers of sustainability in market-oriented firms

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  • Amit Kumar Agrawal
  • Divesh Kumar
  • Zillur Rahman

Abstract

Rising environmental concerns and the need for preserving resources for future generations have forced market oriented organisations to integrate sustainability into their strategies. The article aims to explore and prioritise those enablers which are essential for incorporating sustainability into market orientated firms. This study posits that integration of sustainability can help market oriented firms achieve a competitive advantage in the long run. Investigation of literature was done and discussions with experts were carried out to identify, select, and retain key enablers. ISM and MICMAC analyses were carried out to identify and classify key market oriented sustainability enablers that could create a competitive advantage for firms based on their direct and indirect relationships with each other. Legislation and pressure from civil society are the most critical enablers of sustainability in a market oriented firm. Researchers can further explore the generalisability of sustainability enablers identified in this study, across various industry.

Suggested Citation

  • Amit Kumar Agrawal & Divesh Kumar & Zillur Rahman, 2017. "An ISM approach for modelling the enablers of sustainability in market-oriented firms," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 12(1), pages 23-45.
  • Handle: RePEc:ids:ijbexc:v:12:y:2017:i:1:p:23-45
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    Citations

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    Cited by:

    1. Magdalena Kowalska, 2020. "SME Managers’ Perceptions of Sustainable Marketing Mix in Different Socioeconomic Conditions—A Comparative Analysis of Sri Lanka and Poland," Sustainability, MDPI, vol. 12(24), pages 1-23, December.
    2. Kuldeep Singh & Madhvendra Misra, 2021. "Developing an agricultural entrepreneur inclination model for sustainable agriculture by integrating expert mining and ISM–MICMAC," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 5122-5150, April.
    3. Ahmad, Naveed & Zhu, Yuming & Hongli, Lin & Karamat, Jawad & Waqas, Muhammad & Taskheer Mumtaz, Syed Muhammad, 2020. "Mapping the obstacles to brownfield redevelopment adoption in developing economies: Pakistani Perspective," Land Use Policy, Elsevier, vol. 91(C).

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