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Fachmi Ibrahim
Universitas Al-Azhar Indonesia
Aerospace Engineering Agriculture, Biological Sciences & Forestry Humanities Automotive Engineering Chemical Engineering, Chemistry & Bioengineering Chemistry Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Mathematics Medicine & Pharmacology Nursing Social Sciences Other

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Innovative Strategy for Sustainable Business Model Development with Value and Social Impact Approach for Economic Sustainability Ibrahim, Fachmi
ADMAN: Journal of Contemporary Administration and Management Vol 1 No 3 (2023): December 2023
Publisher : PT. LITERASI SAINS NUSANTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61100/adman.v1i3.96

Abstract

Economic sustainability has become a primary concern in addressing global challenges. Confronting the complexity of economic sustainability challenges, innovation and the development of sustainable business models are crucial. This research aims to identify, develop, and test innovative strategies for sustainable business model development with a focus on value and social impact. The study employs a comprehensive examination of previously published works, utilizing qualitative analysis to achieve a holistic understanding of the topic, spanning the timeframe from 2016 to 2023. The findings indicate that the development of sustainable business models with a focus on value and social impact is an essential strategic step amid the complexity of economic, social, and environmental challenges. The implementation of these strategies is not only a moral responsibility for companies but also an urgent necessity in the face of rapid global changes. Engaging various aspects, including economic, social, and environmental dimensions, several key points need emphasis, namely the integration of sustainable values, technological and product innovation, stakeholder collaboration and engagement, employee development, and performance reporting and accountability.
Co-Authors Alma Mandjusri Des Hanafi Djuara P Lubis Dwi Sadono Ismah, Syadiyah Nur Karyaningtyas, Setyowati Katigo, Zahrio Herlanda Khori Suci Maifianti Laela Purnamasari Lymbarski Caesariano Mandjusri, Alma Manik Sunuantari Pudji Muljono Rasmira Safira Hasna Shambodo, Yoedo Tambunan, Resman Muharul