IDEAS home Printed from https://ideas.repec.org/a/mgs/ijoied/v6y2020i6p30-45.html
   My bibliography  Save this article

The Circle Game: Poetry and Sustainable Enterprises

Author

Listed:
  • Rick Edgeman

    (Management Department, Robbins College of Business & Entrepreneurship, Fort Hays State University, USA)

  • Author-Name: Rick Edgeman

    (Management Department, Robbins College of Business & Entrepreneurship, Fort Hays State University, USA)

Abstract

Organisational progress toward sustainable social and natural environments is essential. So too, is financial performance sufficient to support organisational investment in sustainability. Perspectives as to what organisational sustainability is, how it is pursued, and its preferred fruits have evolved in recent years to incorporate both inclusion and circularity. Regardless of the prevalent organisational perspective, the organisation will need to formulate and execute a triple top-line strategy to deliver triple bottom line performance and impacts. Interpretation of inclusion depends on whether organisational focus is internal, or is riveted on people, communities, or societies the organisation serves or hopes to impact. Herein inclusion is principally outward-looking, and hence primarily addresses marginalised individuals or groups, including individuals at the base of the pyramid. Organisations aiming to ‘do well, by doing good’ are called for-benefit organisations and are central to this effort and, often, are inclusive businesses. More than ‘doing good’, such organisations may aid disadvantaged or marginalised individuals or groups through beneficial cultural innovation and transformation. Companion to inclusivity is circularity, where businesses focus on resource recovery and redeployment. New business models aiming to direct organisations toward sustainable excellence, will incorporate inclusivity and circularity.

Suggested Citation

  • Rick Edgeman & Author-Name: Rick Edgeman, 2021. "The Circle Game: Poetry and Sustainable Enterprises," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 6(6), pages 30-45, February.
  • Handle: RePEc:mgs:ijoied:v:6:y:2020:i:6:p:30-45
    as

    Download full text from publisher

    File URL: https://researchleap.com/wp-content/uploads/2021/03/3-updated.pdf
    Download Restriction: no

    File URL: https://researchleap.com/the-circle-game-poetry-and-sustainable-enterprises/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rick Edgeman & Jacob Eskildsen, 2014. "Modeling and Assessing Sustainable Enterprise Excellence," Business Strategy and the Environment, Wiley Blackwell, vol. 23(3), pages 173-187, March.
    2. Walter R. Stahel, 2016. "The circular economy," Nature, Nature, vol. 531(7595), pages 435-438, March.
    3. Lisa Jones Christensen & Enno Siemsen & Sridhar Balasubramanian, 2015. "Consumer behavior change at the base of the pyramid: Bridging the gap between for-profit and social responsibility strategies," Strategic Management Journal, Wiley Blackwell, vol. 36(2), pages 307-317, February.
    4. Cameron Sabadoz, 2011. "Between Profit-Seeking and Prosociality: Corporate Social Responsibility as Derridean Supplement," Journal of Business Ethics, Springer, vol. 104(1), pages 77-91, November.
    5. Per Olsson & Victor Galaz, 2012. "Social-Ecological Innovation and Transformation," Palgrave Macmillan Books, in: Alex Nicholls & Alex Murdock (ed.), Social Innovation, chapter 9, pages 223-247, Palgrave Macmillan.
    6. Karl Widerquist, 2018. "The Bottom Line," Exploring the Basic Income Guarantee, in: A Critical Analysis of Basic Income Experiments for Researchers, Policymakers, and Citizens, chapter 0, pages 93-98, Palgrave Macmillan.
    7. David C. Broadstock & Shunsuke Managi & Roman Matousek & Nickolaos G. Tzeremes, 2019. "Does doing “good” always translate into doing “well”? An eco‐efficiency perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1199-1217, September.
    8. S. Sethi & Donald Schepers, 2014. "United Nations Global Compact: The Promise–Performance Gap," Journal of Business Ethics, Springer, vol. 122(2), pages 193-208, June.
    9. Marcus Linder & Mats Williander, 2017. "Circular Business Model Innovation: Inherent Uncertainties," Business Strategy and the Environment, Wiley Blackwell, vol. 26(2), pages 182-196, February.
    10. Laura Michelini & Daniela Fiorentino, 2012. "New business models for creating shared value," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 8(4), pages 561-577, September.
    11. MAREK HUDON & BENJAMIN HUYBRECHTS & Antonio PICCIOTTI, 2017. "Towards Sustainability: The Innovation Paths Of Social Enterprise," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 88(2), pages 233-256, June.
    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. Graziela Darla Araujo Galvão & Steve Evans & Paulo Sergio Scoleze Ferrer & Marly Monteiro de Carvalho, 2022. "Circular business model: Breaking down barriers towards sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1504-1524, May.
    2. Marcos Ferasso & Tatiana Beliaeva & Sascha Kraus & Thomas Clauss & Domingo Ribeiro‐Soriano, 2020. "Circular economy business models: The state of research and avenues ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3006-3024, December.
    3. Ida K. Rovanto & Anu Bask, 2021. "Systemic circular business model application at the company, supply chain and society levels—A view into circular economy native and adopter companies," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1153-1173, February.
    4. Pasi Rönkkö & Sayed Mohammad Ayati & Jukka Majava, 2021. "Remanufacturing in the Heavy Vehicle Industry—Case Study of a Finnish Machine Manufacturer," Sustainability, MDPI, vol. 13(19), pages 1-15, October.
    5. Anette Hallin & Tina Karrbom‐Gustavsson & Peter Dobers, 2021. "Transition towards and of sustainability—Understanding sustainability as performative," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1948-1957, May.
    6. Florian Lüdeke‐Freund & Stefan Gold & Nancy M. P. Bocken, 2019. "A Review and Typology of Circular Economy Business Model Patterns," Journal of Industrial Ecology, Yale University, vol. 23(1), pages 36-61, February.
    7. Sabina Scarpellini, 2022. "Social impacts of a circular business model: An approach from a sustainability accounting and reporting perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 646-656, May.
    8. Bogdan Wit & Korneliusz Pylak, 2020. "Implementation of triple bottom line to a business model canvas in reverse logistics," Electronic Markets, Springer;IIM University of St. Gallen, vol. 30(4), pages 679-697, December.
    9. Raphaëlle Stewart & Monia Niero, 2018. "Circular economy in corporate sustainability strategies: A review of corporate sustainability reports in the fast‐moving consumer goods sector," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1005-1022, November.
    10. Onyeka K. Osuji & Ugochukwu L. Obibuaku, 2016. "Rights and Corporate Social Responsibility: Competing or Complementary Approaches to Poverty Reduction and Socioeconomic Rights?," Journal of Business Ethics, Springer, vol. 136(2), pages 329-347, June.
    11. Marianne Kuhlmann & Catharina R. Bening & Volker H. Hoffmann, 2023. "How incumbents realize disruptive circular innovation ‐ Overcoming the innovator's dilemma for a circular economy," Business Strategy and the Environment, Wiley Blackwell, vol. 32(3), pages 1106-1121, March.
    12. Carlos F. A. Arranz & Caleb Kwong & Vania Sena, 2023. "The effect of consumption and production policies on circular economy business models: A machine learning approach," Journal of Industrial Ecology, Yale University, vol. 27(4), pages 1089-1104, August.
    13. Ángel Peiró-Signes & Marival Segarra-Oña, 2018. "How past decisions affect future behavior on eco‐innovation: An empirical study," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1233-1244, December.
    14. Nils Johansson, 2021. "Circular Agreements—Exploring the Role of Agreements and Deals as a Political Tool for a Circular Economy," Circular Economy and Sustainability,, Springer.
    15. Vanessa Prieto‐Sandoval & Marta Ormazabal & Carmen Jaca & Elisabeth Viles, 2018. "Key elements in assessing circular economy implementation in small and medium‐sized enterprises," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1525-1534, December.
    16. Omar Alhawari & Usama Awan & M. Khurrum S. Bhutta & M. Ali Ülkü, 2021. "Insights from Circular Economy Literature: A Review of Extant Definitions and Unravelling Paths to Future Research," Sustainability, MDPI, vol. 13(2), pages 1-22, January.
    17. Boyao Zhang & Ubaldo Comite & Ali Gokhan Yucel & Xintao Liu & Mohammed Arshad Khan & Shahid Husain & Muhammad Safdar Sial & József Popp & Judit Oláh, 2021. "Unleashing the Importance of TQM and Knowledge Management for Organizational Sustainability in the Age of Circular Economy," Sustainability, MDPI, vol. 13(20), pages 1-18, October.
    18. Andrea Cantú & Eduardo Aguiñaga & Carlos Scheel, 2021. "Learning from Failure and Success: The Challenges for Circular Economy Implementation in SMEs in an Emerging Economy," Sustainability, MDPI, vol. 13(3), pages 1-35, February.
    19. Miranda, Bruno Varella & Monteiro, Guilherme Fowler A. & Rodrigues, Vinicius Picanço, 2021. "Circular agri-food systems: A governance perspective for the analysis of sustainable agri-food value chains," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    20. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.

    More about this item

    Keywords

    Base of the pyramid; Circular economy; Cultural innovation and transformation; For-benefit organisations; Inclusive business; Triple top-line strategy;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    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:mgs:ijoied:v:6:y:2020:i:6:p:30-45. 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: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.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.