Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework

Traditionally, companies and the environment have continuously become two conflicting aspects, where business becomes an environmental risks, and environmental concern become threats to business expansion. However, in recent years, this conflict has progressively been side-lined with the development...

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Main Authors: Yacob, Peter, Khor, Saw Chin, Jaganathan, Mathivannan, Maludin, Norliyana, Nodesan, Suresh
Format: Conference or Workshop Item
Jezik:English
Izdano: 2018
Teme:
Online dostop:https://repo.uum.edu.my/id/eprint/25455/1/AIMC%202018%201%208.pdf
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author Yacob, Peter
Khor, Saw Chin
Jaganathan, Mathivannan
Maludin, Norliyana
Nodesan, Suresh
author_facet Yacob, Peter
Khor, Saw Chin
Jaganathan, Mathivannan
Maludin, Norliyana
Nodesan, Suresh
author_sort Yacob, Peter
collection UUM
description Traditionally, companies and the environment have continuously become two conflicting aspects, where business becomes an environmental risks, and environmental concern become threats to business expansion. However, in recent years, this conflict has progressively been side-lined with the development and implementation of sustainable green practices. The aim of this study is to identify what steps small manufacturing firms can take to successfully implement sustainable green practices into their operations. In order to achieve this, the study proposes the Sustainable Value Framework which is a generic framework through which firms are able to convert their sustainable undertakings into sustainable value. The data of this study was gathered from semi-structured interviews with five small manufacturing firm’s owners/managers. The findings shows that small manufacturing firms are challenged to strike a balance between the components of the SVF and status quo concerning firm’s current sustainable green practices. The findings also reveal that creating long term sustainable value from the implementation of sustainable green practices challenges small manufacturing firms to successfully operationalize considerations relative to each of the four quadrants of the Sustainable Value Framework. The imperial findings and practical implications offer an indicator encouraging other manufacturing firms to hop on the Go-green bandwagon, particularly those without any green practice in place.
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spelling uum-254552019-01-24T07:02:44Z https://repo.uum.edu.my/id/eprint/25455/ Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework Yacob, Peter Khor, Saw Chin Jaganathan, Mathivannan Maludin, Norliyana Nodesan, Suresh HB Economic Theory Traditionally, companies and the environment have continuously become two conflicting aspects, where business becomes an environmental risks, and environmental concern become threats to business expansion. However, in recent years, this conflict has progressively been side-lined with the development and implementation of sustainable green practices. The aim of this study is to identify what steps small manufacturing firms can take to successfully implement sustainable green practices into their operations. In order to achieve this, the study proposes the Sustainable Value Framework which is a generic framework through which firms are able to convert their sustainable undertakings into sustainable value. The data of this study was gathered from semi-structured interviews with five small manufacturing firm’s owners/managers. The findings shows that small manufacturing firms are challenged to strike a balance between the components of the SVF and status quo concerning firm’s current sustainable green practices. The findings also reveal that creating long term sustainable value from the implementation of sustainable green practices challenges small manufacturing firms to successfully operationalize considerations relative to each of the four quadrants of the Sustainable Value Framework. The imperial findings and practical implications offer an indicator encouraging other manufacturing firms to hop on the Go-green bandwagon, particularly those without any green practice in place. 2018-05 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25455/1/AIMC%202018%201%208.pdf Yacob, Peter and Khor, Saw Chin and Jaganathan, Mathivannan and Maludin, Norliyana and Nodesan, Suresh (2018) Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework. In: ASIA International Multidisciplinary Conference 2018, May 2018, Universiti Teknologi Malaysia, Johor Bahru, Malaysia. (Unpublished)
spellingShingle HB Economic Theory
Yacob, Peter
Khor, Saw Chin
Jaganathan, Mathivannan
Maludin, Norliyana
Nodesan, Suresh
Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title_full Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title_fullStr Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title_full_unstemmed Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title_short Small manufacturing firms sustainable green practices: Operationalization of sustainable value framework
title_sort small manufacturing firms sustainable green practices operationalization of sustainable value framework
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/25455/1/AIMC%202018%201%208.pdf
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