A Model-Based Strategy for Developing Sustainable Cosmetics Small and Medium Industries with System Dynamics
| Autor: | T. Yuri M. Zagloel, Uly Amrina, Akhmad Hidayatno |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Government
Process management Sociology and Political Science HF5001-6182 Process (engineering) cosmetics Stakeholder Development HD28-70 sustainability model-based strategy System dynamics system dynamics (SD) Leverage (negotiation) Sustainable products small and medium industries (SMIs) Sustainability Management. Industrial management Business General Economics Econometrics and Finance Open innovation open innovation dynamics |
| Zdroj: | Journal of Open Innovation: Technology, Market, and Complexity Volume 7 Issue 4 Journal of Open Innovation: Technology, Market and Complexity, Vol 7, Iss 225, p 225 (2021) |
| ISSN: | 2199-8531 |
| DOI: | 10.3390/joitmc7040225 |
| Popis: | Global customer consciousness for more sustainable products and government requirements for a more sustainable industry have motivated cosmetics small and medium industries (SMIs) to innovate the strategy by integrating sustainability principles into their manufacturing processes. However, the dynamic complexity of balancing sustainability efforts, stakeholders’ interests, and uncertainty in material pricing require a conceptual reference model to help managers and decision-makers cope with the transition process. This work therefore proposes a model-based strategy using system dynamics to assist managers and stakeholders in SMIs to clarify their possible pathways and to offer a framework to understand, guide, and generate future strategies. In multiactor, multistakeholder conditions, the proposed methodology can provide insights into how stakeholders can effectively intervene to improve sustainability through open innovation dynamics models. The case study presented here on a personal care cosmetics company demonstrates several leverage points and obstacles, thereby allowing each stakeholder to understand their strategic role in realizing sustainable cosmetics SMIs. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|