Managerial Innovation: A Premise For Company’S Strategy Adaptation To The Characteristics Of Sustainable Development
This paper presents a perspective on the current situation of sustainable development in relation to companies‟ strategies and the role that management innovation may have to improve this situation. Starting with a brief analysis of the concept of sustainable development, we link it to the firms' strategies, emphasizing the essential elements of this relationship: the time horizon, the calculation of the output of the company and the company's global orientation. We conclude that new management mechanisms are necessary to enable a better integration of these elements in firms' strategies.
Volume (Year): 16 (2012)
Issue (Month): 3 ()
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- Jeremy Bulow, 1986. "An Economic Theory of Planned Obsolescence," The Quarterly Journal of Economics, Oxford University Press, vol. 101(4), pages 729-749.
- Jonathan M. Harris, 2001. "Basic Principles of Sustainable Development," Development and Comp Systems 0106006, EconWPA.
- Michael Waldman, 1993. "A New Perspective on Planned Obsolescence," The Quarterly Journal of Economics, Oxford University Press, vol. 108(1), pages 273-283.
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