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

    Fingerprint

    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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    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.",
    author = "Katri Valkokari and Pasi Valkokari and Katariina Palom{\"a}ki and Teuvo Uusitalo and Markku Reunanen and Marco Macchi and Rana Padmakshi and Liyanage, {Jayantha P}",
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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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    AU - Valkokari, Pasi

    AU - Palomäki, Katariina

    AU - Uusitalo, Teuvo

    AU - Reunanen, Markku

    AU - Macchi, Marco

    AU - Padmakshi, Rana

    AU - Liyanage, Jayantha P

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