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Re-conceptualizing dynamic capabilities in the light of sustainability

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posted on 2023-06-09, 03:22 authored by Romano Dyerson, Lutz Preuss
In this paper, we argue for a re-conceptualization of dynamic capabilities that explicitly integrates sustainability. We begin by exploring aspects where sustainability requires a different approach to the standard business outlook, namely in the range of actors that have an interest in the company and in the nature of the interdependencies that arise from managerial decision-making. We show how these aspects have implications for the conventional treatment of dynamic capabilities. Hence, we argue that our understanding of dynamic capabilities needs to change as sustainability reframes the context of mainstream business operations. This discussion leads us to develop the concept of sustainability-driven dynamic capabilities that act hierarchically on dynamic capabilities orientated towards renewal and regeneration.

History

Publication status

  • Published

Presentation Type

  • paper

Event name

34th Strategic Management Society (SMS) annual international conference

Event location

Madrid

Event type

conference

Event date

20-23 Sep 2014

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2016-10-10

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