Sustainability and Capability Building in Organizations: A Focused Group Approach

This study investigates business sustainability and the development of comprehensive capabilities that are crucial for future-ready organizations. It delineates the sustainable business practices that are necessary to enhance the functional, operational, technological and strategic dimensions of an organization. Furthermore, we examine methods to augment a firm’s capacity to foster sustainable growth. The authors utilized a structured approach; four focused group discussions (FGDs) were conducted with experts from multinational firms to garner real-time industry insights in the context of the new normal. The discussions emphasized key practices such as change management, competency building, green business functions, regenerative strategies, empathetic leadership and the triple bottom line approach. This research underscores the real-time business practices implemented during and after the pandemic to address and mitigate the disruptions caused by the outbreak.

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Publication Details

Journal
FIIB Business Review
Published
2024-09-19
DOI
https://doi.org/10.1177/23197145241269203
Citations
12
Primary Topic
Environmental Sustainability in Business
Type
article
Field-Weighted Citation Impact
5.27
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article

Sustainability and Capability Building in Organizations: A Focused Group Approach

Sachin Kumar Raut, Shubhangi Verma, Rao Ps, Radhika Narula
12 citations
FIIB Business Review
Environmental Sustainability in Business
5.27
article

Sustainability and Capability Building in Organizations: A Focused Group Approach

Sachin Kumar Raut, Shubhangi Verma, Rao Ps, Radhika Narula
article en
12 citations

Abstract

This study investigates business sustainability and the development of comprehensive capabilities that are crucial for future-ready organizations. It delineates the sustainable business practices that are necessary to enhance the functional, operational, technological and strategic dimensions of an organization. Furthermore, we examine methods to augment a firm’s capacity to foster sustainable growth. The authors utilized a structured approach; four focused group discussions (FGDs) were conducted with experts from multinational firms to garner real-time industry insights in the context of the new normal. The discussions emphasized key practices such as change management, competency building, green business functions, regenerative strategies, empathetic leadership and the triple bottom line approach. This research underscores the real-time business practices implemented during and after the pandemic to address and mitigate the disruptions caused by the outbreak.

FIIB Business Review
Fortune Institute of International Business (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 5%
Environmental Sustainability in Business
5.27
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Sustainability and Capability Building in Organizations: A Focused Group Approach — Sachin Kumar Raut, Shubhangi Verma, et al. · FIIB Business Review (2024) | TGRS Research Map | TGRS