Authors: Kongkiti Phusavat; Chavatip Chindavijak; Sasivimol Meeampol; Pekka Kess; Achmad Nizar Hidayanto
Addresses: Center for Advanced Study in Industrial Technology, Faculty of Engineering, Kasetsart University, Bangkok 10900, Thailand ' Center for Advanced Study in Industrial Technology, Faculty of Engineering, Kasetsart University, Bangkok 10900, Thailand ' Faculty of Business Administration, Kasetsart University, Bangkok 10900, Thailand ' Faculty of Technology, Oulu University, Oulu 90014, Finland ' Faculty of Computer Science, Universitas Indonesia, Depok 16424, Indonesia
Abstract: The study aims to confirm the key elements for an enterprise's performance in the areas of sustainability. These elements (anticipation, concern, leadership, communication, capability, planning, execution, performance and report) have been earlier derived from the previous study which is based on the literature reviews and the interviews with the researchers and practitioners from Thailand and Finland. The focus-group and survey approaches are applied for this confirmation or verification. For the focus-group approach, there were altogether 30 participants while there were 504 enterprises completed the questionnaire. After analysing the results with the criteria, the nine key elements are deemed to reflect the term sustainability. They provide the premise for an enterprise to consider when attempting to deal with the term sustainability. Sustainability has been viewed as the next step to ensure long-term business competitiveness for an enterprise after productivity and quality, environment, occupational safety and health, and corporate social responsibility.
Keywords: enterprise development; enterprise performance; sustainability.
International Journal of Management and Enterprise Development, 2017 Vol.16 No.4, pp.275 - 290
Received: 01 Apr 2016
Accepted: 11 Dec 2016
Published online: 21 Jun 2017 *