Business Sustainability, Sustainable Planning, Operational Efficiency, and the Role of Emerging Technologies
摘要
This abstract discovers how strategic planning and evolving, and the transformative impact of technologies can support business sustainability. Business sustainability is a mandatory corporate strategy for all the organization as part of survival and growth to sustain in the market. It is facing a remarkable as part of corporate strategy in the organization for maintaining profitability and growth. Strategic and tactical planning needs to incorporate environmental, social, and governance (ESG) factors into strategic decision-making practices. Strategic decisions made by aligning long-term strategic goals, while exploring existing business opportunities and overcoming the market threat and challenges for maintaining and exploring sustainability. It can be achieved through utilizing current resources, optimizing efficacy, innovation, and value chain for value addition. Emerging technologies such as Internet of Things (IoT), blockchain, artificial intelligence (AI), virtual reality (VR), blockchain supported value chain are supporting business houses in reshaping the business floor. These technologies support in achieving sustainability by effectively utilizing resources, minimizing waste, reducing carbon emissions, saving the environment, and supporting the world as a better place to live. Sustainable production and consumption model support using, reusing, refurbishing, recycling, and sharing of existing materials, infrastructure as long as possible that gives a helping hand in developing circular economy. The finding suggests that strategic planning, supported with modern technology, will support profitability, sustainability, environmental control, and reduced carbon footprint.