Road-mapping the business potential of sustainability within the European manufacturing industry

Katri Valkokari, Pasi Valkokari, Katariina Palomäki, Teuvo Uusitalo, Markku Reunanen, Marco Macchi, Rana Padmakshi, Jayantha P Liyanage

Research output: Contribution to journalArticleScientificpeer-review

9 Citations (Scopus)

Abstract

Purpose
– The purpose of this study is to explore the required changes, outline business potential and envisage the key steps that a networked manufacturing industry needs to take to reach more sustainably performing manufacturing in the future.
Design/methodology/approach
– The paper utilises a visionary road-mapping approach to study the required changes and the business potential related to sustainable development in the manufacturing industry.
Findings
– The results were summarised in three sub-roadmaps empowerment of stakeholders, increase efficiency and creation of new performance criteria. On the basis of the summary of the sub-roadmaps, the framework was configured to describe the opportunities and challenges of sustainable business development in the European manufacturing industry.

Research limitations/implications
– A clear implication of this study is that a more system-oriented approach, new models for collaboration between network actors and transparently shared network-level KPIs are required before further steps towards a sustainable manufacturing industry can be taken. In addition, sustainability-driven business models are required to specify these changes concretely.

Practical implications
– The presented sub-roadmaps and framework summarising them could provide new insights to business practitioners exploring business potential of sustainability.
Social implications
– Understanding about the road-mapping process as tool that enables interaction and envisioning between different stakeholders could also have social implications supporting shared industry-level learning processes.
Originality/value
– Studies of sustainability within the manufacturing industry have focused mainly on green issues in supply-chain management or corporation-level governance models and reporting practices. The paper presents a broader view of sustainable development and recognises networked business as part of the solution.
Original languageEnglish
Pages (from-to)360-384
JournalForesight
Volume16
Issue number4
DOIs
Publication statusPublished - 2014
MoE publication typeA1 Journal article-refereed

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Sustainable development
Industry
Roadmapping
Manufacturing industries
Sustainability
Roadmap
Supply chain management
Stakeholders

Cite this

Valkokari, Katri ; Valkokari, Pasi ; Palomäki, Katariina ; Uusitalo, Teuvo ; Reunanen, Markku ; Macchi, Marco ; Padmakshi, Rana ; Liyanage, Jayantha P. / Road-mapping the business potential of sustainability within the European manufacturing industry. In: Foresight. 2014 ; Vol. 16, No. 4. pp. 360-384.
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Road-mapping the business potential of sustainability within the European manufacturing industry. / Valkokari, Katri; Valkokari, Pasi; Palomäki, Katariina; Uusitalo, Teuvo; Reunanen, Markku; Macchi, Marco; Padmakshi, Rana; Liyanage, Jayantha P.

In: Foresight, Vol. 16, No. 4, 2014, p. 360-384.

Research output: Contribution to journalArticleScientificpeer-review

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