A Stairway to the Stars

Monitoring Sustainability Performance in SMBs

Authors

  • David A. Robinson
  • Brad P. Nikolic

DOI:

https://doi.org/10.15209/jbsge.v9i1.611

Abstract

This article proposes a framework that can be used, or modified for use, as a mechanism to measure, evaluate and monitor progress in business sustainability. It draws upon previous change management models, such as ‘Management by Objectives’ (Lynch, 1977; Felix and Riggs, 1983) and ‘Balanced Scorecard’ (Kaplan and Norton, 1995), proposing a conceptual framework for the monitoring of business sustainability. The framework allows sustainability improvement to be monitored by means of a composite sustainability index derived from specific metrics appropriate to a range of prioritised strategic objectives. It then discusses the necessity for such a mechanism to be sufficiently robust in respect of seven contextual issues. It recommends that a firm’s choice of sustainability performance measures and their relative priorities should be aligned with global, societal, external, industry, organisational, leadership and individual-personal contexts.

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Published

2014-10-07

How to Cite

Robinson , D. A., & Nikolic , B. P. (2014). A Stairway to the Stars: Monitoring Sustainability Performance in SMBs. Journal of Law and Governance, 9(1), 23–38. https://doi.org/10.15209/jbsge.v9i1.611

Issue

Vol. 9 No. 1 (2014)

Section

Articles

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