Strategic Management of Corporate Sustainability: Value and Performance Based Sustainable Strategic Management Model

Abstract

In recent years, sustainability has become a major factor in strategic management. Companies now focus on sustainable practices to ensure their operations are environmentally friendly and can continue operating in a cost-effective manner. Strategic management is a process of making decisions and taking action to achieve long-term goals. It involves setting goals, developing strategies and implementing plans to achieve those goals. Sustainability is an important consideration when conducting strategic planning because it helps to ensure that resources are used responsibly and efficiently. By incorporating sustainability into strategic management, companies can minimize their environmental impact while continuing to achieve the results they desire. In this study, an initial-level study on whether a model developed by Ulusoy et al., (2022) can be a strategic management model has been presented for discussion on the academic platform.