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.
– 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 language | English |
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Pages (from-to) | 360-384 |
Journal | Foresight |
Volume | 16 |
Issue number | 4 |
DOIs | |
Publication status | Published - 2014 |
MoE publication type | A1 Journal article-refereed |