Green Management as The Key to Competitive Advantage: A Corporate Strategy Perspective in 2024

Green management has become a crucial element in modern corporate strategies to achieve competitive advantage while supporting environmental sustainability. This study analyzes the implementation of five key segments of green management: greening of products, processes, workplaces, communities, and workforce. Case studies of global companies such as Samsung, Patagonia, and IKEA demonstrate that integrating green strategies not only reduces environmental impact but also enhances operational efficiency, innovation, and customer loyalty. The findings affirm that green management is a strategic investment that yields long-term benefits, particularly in attracting sustainability-focused investors. The study concludes by emphasizing the importance of synergy between the private sector, government, and society in achieving inclusive economic growth aligned with the Sustainable Development Goals

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Publication Details

Journal
Economics and Business Journal (ECBIS)
Published
2024-11-18
DOI
https://doi.org/10.47353/ecbis.v2i5.170
Primary Topic
Economic and Business Development Strategies
Type
article
Field-Weighted Citation Impact
0.00
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article

Green Management as The Key to Competitive Advantage: A Corporate Strategy Perspective in 2024

Muh. Rijal Alim Rahmat, Achmad Ridha, Azlan Azhari
Economics and Business Journal (ECBIS)
Economic and Business Development Strategies
article

Green Management as The Key to Competitive Advantage: A Corporate Strategy Perspective in 2024

Muh. Rijal Alim Rahmat, Achmad Ridha, Azlan Azhari
article en

Abstract

Green management has become a crucial element in modern corporate strategies to achieve competitive advantage while supporting environmental sustainability. This study analyzes the implementation of five key segments of green management: greening of products, processes, workplaces, communities, and workforce. Case studies of global companies such as Samsung, Patagonia, and IKEA demonstrate that integrating green strategies not only reduces environmental impact but also enhances operational efficiency, innovation, and customer loyalty. The findings affirm that green management is a strategic investment that yields long-term benefits, particularly in attracting sustainability-focused investors. The study concludes by emphasizing the importance of synergy between the private sector, government, and society in achieving inclusive economic growth aligned with the Sustainable Development Goals

Economics and Business Journal (ECBIS)Vol. 2(5)
State University of Makassar (ID)
Openalex Percentile: Top 67%
Economic and Business Development Strategies
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