this refers to the supplier’s ability of increasing and decreasing prices. STEP 2: Reading The Economic Sustainability Harvard Case Study: To have a complete understanding of the case, one should focus on case reading. it deals with the ability of customers to take down the prices. Unique selling proposition of the company. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team). The former coating system utilized by this customer was based on solvent Exchange rates fluctuations and its relation with company. Position and current economy trend i.e. Keywords: housing affordability, environmental sustainability… Therefore there must be some resources and capabilities in an organization that can facilitate the competitive advantage to company. In the problem statement, the company’s most important problem and constraints to solve these problems should be define clearly. This value may create by increasing differentiation in existing product or decrease its price. Research areas of government and education institutes in which the company can make any efforts, Changes in infra-structure and its effects on work flow, Existing technology that can facilitate the company, Other technological factors and their impacts on company and industry. as the problem and its solution cannot occur at the same time, it should be described as mutually exclusive. Analyze the threats and issues that would be caused due to change. The author of this theory suggests that firm must be valuable, rare, imperfectly imitable and perfectly non sustainable. Strong and powerful political person, his point of view on business policies and their effect on the organization. UBC SUSTAINABILITY CASE STUDY / Institutionalizing Sustainability. Economic Sustainability of Dry Land Use: The Case Study of Irsal, Lebanon. ", repec:gam:jsusta:v:8:y:2016:i:5:p:469:d:69883 is not listed on IDEAS, Aline Chiabai & Dirk Rübbelke & Lisa Maurer, 2010. When having a fast reading, following points should be noted: When reading the case for second time, following points should be considered: After reading the case and guidelines thoroughly, reader should go forward and start the analyses of the case. Other political factors likely to change for Economic Sustainability. It is said that case should be read two times. Risk 1 . Whereas, the opportunities and threats are generally related from external environment of organization. integrates economic, environmental and social factors. This research question will be explored in terms of theory through the examination of the concept of sustainable development. To analyze the structure of a company and its corporate strategy, Porter’s five forces model is used. Activities that can be determined as your weakness in the market. The Case Study. Following are the potential factors that will influence the company’s competition: Sustainable position in competitive advantage. If the selected alternative is fulfilling the above criteria, the decision should be taken straightforwardly. focusing on their environmental and economic impacts. case study revealed no attention to sustainability within the project management process. this describes the threat to company. First Solar: ... of the school for decades to come. Effects of change in business regulations. Unique resources and low cost resources company have. Public profiles for Economics researchers, Various rankings of research in Economics & related fields, Curated articles & papers on various economics topics, Upload your paper to be listed on RePEc and IDEAS, RePEc working paper series dedicated to the job market, Pretend you are at the helm of an economics department, Data, research, apps & more from the St. Louis Fed, Initiative for open bibliographies in Economics, Have your institution's/publisher's output listed on RePEc. Case study: Caribbean Risk Management Initiative Gallery This case study is about capacity-building across the Caribbean region for the management of climate-related risk. It will also weaken the company’s position. Access of competitors to the new technologies and its impact on their product development/better services. There may be multiple problems that can be faced by any organization. Sources and constraints of organization from meeting its objectives. Identification of communication strategies. However, poor guide reading will lead to misunderstanding of case and failure of analyses. Changes in social patterns and lifestyles. To generate the alternative of problem, following things must to be kept in mind: Once the alternatives have been generated, student should evaluate the options and select the appropriate and viable solution for the company. CASE STUDY: SDG 8: DECENT WORK AND ECONOMIC GROWTH PROMOTING SUSTAINED, INCLUSIVE AND SUSTAINABLE WORK FOR ALL. Resources are also valuable if they provide customer satisfaction and increase customer value. However, when more than one few companies uses the same resources and provide competitive parity are also known as rare resources. 2008 / 2009. Case studies are used to evaluate the effects of conservation and do not require the degree of detail or the rigor of analysis used in university level research. If there are few alternatives o supplier available, this will threat the company and it would have to purchase its raw material in supplier’s terms. Best alternative should be selected must be the best when evaluating it on the decision criteria. Also, manipulating different data and combining with other information available will give a new insight. In most courses studied at Harvard Business schools, students are provided with a case study. In the strengths, management should identify the following points exists in the organization: Following points can be identified as a threat to company: Following points should be considered when applying SWOT to the analysis: Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future. Therefore to select the best alternative, there are many factors that is needed to be kept in mind. In addition, the quantitative data in case, and its relations with other quantitative or qualitative variables should be given more importance. Student should provide more than one decent solution. Answer the necessary questions that are related to specific needs of organization. In addition, it also identifies the weaknesses of the organization that will help to be eliminated and manage the threats that would catch the attention of the management. https://www.mdpi.com/2071-1050/10/7/2511/pdf, https://www.mdpi.com/2071-1050/10/7/2511/, Economic Sustainability in a Wider Context: Case Study of Considerable ICT Sector Sub-Divisions, Scale Economies, Product Differentiation, and the Pattern of Trade, ICT applications in the research into environmental sustainability: a user preferences approach, Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Effect of the ICT Ecosystem Structure on the Sustainable Growth of ICT Firms: A Metafrontier Analysis on China, South Korea, the United States, and Japan, How to compare companies on relevant dimensions of sustainability, ICT Applications in the Research for Environmental Sustainability, Toward of the spatiality of the ICT sector: Case study from the Slovak Republic, Assessment of Sustainable Socioeconomic Development in European Union Countries, Achieving Sustainable E-Commerce in Environmental, Social and Economic Dimensions by Taking Possible Trade-Offs, Sustainability, Resilience and Population Ageing along Schengen’s Eastern Border. As the receiver of these Materials you are granted a limited license to use (display or print) the Materials, provided the Materials are not modified. Even, the competitive parity is not desired position, but the company should not lose its valuable resources, even they are common. This paper situates the process of economic sustainability in the wider context of regional specialization and geographic concentration. If the goods and services are not up to the standard, consumers can use substitutes and alternatives that do not need any extra effort and do not make a major difference. Case study information may also be available from conservation field trials, Conservation Innovation Grant projects, university research plots or other field demonstration sites. If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. growing, stagnant or declining. Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations. Firstly, the introduction is written. to get a comprehensive picture of analyses. ", Judit Oláh & Nicodemus Kitukutha & Hossam Haddad & Miklós Pakurár & Domicián Máté & József Popp, 2018. Brainstorm and assumption the changes that should be made to organization. if not, their reconciliations and necessary redefinition. the lesser money and resources are required to enter into any industry, the higher there will be new competitors and be an effective competitor. it is not possible for a company to not to take any action, therefore, the alternative of doing nothing is not viable. iii. the various RePEc services. This research aimed to explore the ICT firms operating in the ICT sector and focused more on the ICT firms’ sustainability in connection with industry geographic concentration and regional specialization. It has looked for smart and practical solutions in other cities. The challenging diagnosis for Economic Sustainability and the management of information is needed to be provided. Next political elections and changes that will happen in the country due to these elections. Therefore, in-depth understanding f case guidelines is very important. After defining the problems and constraints, analysis of the case study is begin. After introduction, problem statement is defined. Initial reading is to get a rough idea of what information is provided for the analyses. And its ratio with corruption and organized crimes. In the case of a business operation, it calls for using resources so that the business continues to function over a number of years, while consistently returning … It is recommended to read guidelines before and after reading the case to understand what is asked and how the questions are to be answered. However, studies covering sustainability assessments of social and economic aspects are limited, as are integrated methods for assessing urban agriculture. 91-102. Please note that corrections may take a couple of weeks to filter through Prioritize the points under each head, so that management can identify which step has to be taken first. To analyze the business objective and its opportunities and threats, following steps should be followed: These headings and analyses would help the company to consider these factors and make a “big picture” of company’s characteristics. Price Stability and Economic Sustainability–Achievable Goals? Downloadable! The criteria’s on which business decisions are to be selected areas under: Alternatives should be measures that which alternative will perform better than other one and the valid reasons. ", Nataša Urbančíková & Kristína Zgodavová, 2019. To identify improvement opportunity for increased environmental, social, and economic sustainability. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. In addition, it also helps to avoid activities and actions that will be harmful for the company in future, including projects and strategies. American Journal of Agricultural Economics. The potential factors that made customer shift to substitutes are as follows: Products substitute available in the market. To have a complete understanding of the case, one should focus on case reading. Is these conditions are not met, company may lead to competitive disadvantage. A case for consideration is the training of Papua government leaders on issues the integration between rights based development, strengthening self sufficiency, and delivering economic justice all with a focal aim of enhancing level of sustainability (Sustainability Institute, 2004). Therefore, it is necessary to block the new entrants in the industry. following factors is describing the level of threat to new entrants: Barriers to entry that includes copy rights and patents. Standards of health, education and social mobility levels. Other socio culture factors and its impacts. 17, No. Apply the analyses at proposed level. The economic sustainability (evaluated by sustainability sub-index) and geographical and regional analysis were studied for 62 Computer Programming and 63 Information Services sub-divisions of the ICT sector. Of doing nothing is not viable manipulating different data and combining with other quantitative qualitative. The information provided in the case study studies were conducted to investigate both international and national best practice above,... Guidelines is very important to have a thorough reading and understanding of the study... Substitution of tap water, Pepsi in alternative of doing nothing is not for... 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