Highlights
Sustainable development is something which can be seen as the ultimate goal for every company and especially for SMEs. It is something that guarantees its present and future adequate function. Its importance is (huge, especially during financial crisis years and this is why all companies struggle to achieve it one way or another. In this chapter we discussed about sustainable development, what it is, its main components, and how it can be achieved by small business.
The main points of this chapter are the following:
• Four management systems toward sustainable development
• Company culture
• Six emerging organizational culture development practices toward sustainable development
• Innovation/innopreneurship
• Environmental impact of sustainable development
• Organizational development and organizational development learning
• Methods of sustainable product development
• Leadership
• Preventive management and high environmental performance to-ward sustainable development.
The three components of sustainable development questions:
I. What do we mean by the term sustainable development? Why is it so important for small businesses during financial crisis periods?
2. Which are the four management systems that small businesses can use toward their sustainable development?
3. Which are the six emerging organizational culture development practices which can lead small businesses to their sustainable development?
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