Linking Sustainable Business Models and Supply Chains – Toward an Integrated Value Creation Framework
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In: Business Strategy and the Environment, Vol. 30, No. 8, 01.12.2021, p. 3960-3974.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Linking Sustainable Business Models and Supply Chains – Toward an Integrated Value Creation Framework
AU - Norris, Simon
AU - Hagenbeck, Julia
AU - Schaltegger, Stefan
N1 - Publisher Copyright: © 2021 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd.
PY - 2021/12/1
Y1 - 2021/12/1
N2 - Extant literature on sustainable business models highlights that value creation stems from resources exchanged in relationships between a focal firm and its stakeholders. In this context, the literature has, so far, focused on direct relationships. However, despite the acknowledged relevance of sustainability issues in supply chains, this relational view of the focal company and its direct stakeholders has not been extended toward value creation for and with indirect stakeholders, such as stakeholders of suppliers. Addressing this gap, this conceptual article integrates a relational view of sustainable supply chain management into the management of sustainable business models. It extends the scope of sustainable business models from relationships between the focal firm and its direct stakeholders to indirect relationships with stakeholders of suppliers. A framework is developed that supports analysis and management of value-creating relationships between the focal firm, suppliers, and stakeholders of suppliers. By extending the conceptualization of sustainable business models to consider relationship chains beyond direct relationships, this article proposes that a focal firm has to actively manage interactions both with suppliers and with suppliers' stakeholders.
AB - Extant literature on sustainable business models highlights that value creation stems from resources exchanged in relationships between a focal firm and its stakeholders. In this context, the literature has, so far, focused on direct relationships. However, despite the acknowledged relevance of sustainability issues in supply chains, this relational view of the focal company and its direct stakeholders has not been extended toward value creation for and with indirect stakeholders, such as stakeholders of suppliers. Addressing this gap, this conceptual article integrates a relational view of sustainable supply chain management into the management of sustainable business models. It extends the scope of sustainable business models from relationships between the focal firm and its direct stakeholders to indirect relationships with stakeholders of suppliers. A framework is developed that supports analysis and management of value-creating relationships between the focal firm, suppliers, and stakeholders of suppliers. By extending the conceptualization of sustainable business models to consider relationship chains beyond direct relationships, this article proposes that a focal firm has to actively manage interactions both with suppliers and with suppliers' stakeholders.
KW - Sustainability sciences, Management & Economics
KW - business model
KW - corporate sustainability
KW - integrated framework
KW - multi-tier supply chain
KW - relational view
KW - takeholders
KW - sustainable supply chain management
KW - value creation
KW - business model
KW - corporate sustainability
KW - integrated framework
KW - multi-tier supply chain
KW - relational view
KW - stakeholders
KW - sustainable supply chain management
KW - value creation
UR - https://onlinelibrary.wiley.com/doi/10.1002/bse.2851
UR - http://www.scopus.com/inward/record.url?scp=85108345627&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/6f7434f4-a3ff-32dd-bb23-7ee76d400013/
U2 - 10.1002/bse.2851
DO - 10.1002/bse.2851
M3 - Journal articles
VL - 30
SP - 3960
EP - 3974
JO - Business Strategy and the Environment
JF - Business Strategy and the Environment
SN - 0964-4733
IS - 8
ER -