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An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation

Mini Dissertation (MBA)--University of Pretoria, 2023.

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Other Authors: Myres, Kerrin
Format: Thesis
Language:English
Published: University of Pretoria 2023
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access_status_str Open Access
author2 Myres, Kerrin
author_browse Myres, Kerrin
author_facet Myres, Kerrin
collection Thesis
dc_rights_str_mv © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2023.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:48.227Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/92058 An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation Myres, Kerrin ichelp@gibs.co.za Wilson, Elaine Margaret UCTD Circular economy Sustainability Dynamic capabilities Microfoundation Innovation Mini Dissertation (MBA)--University of Pretoria, 2023. "The circular economy is increasingly seen as essential to gaining a competitive advantage and reducing the effect of manufacturing on the environment. However, with mounting pressure on companies to adopt the three pillars of sustainability (economic, environmental, and social), many companies need help to convert the circular economy practices into a business model. The literature indicates that companies require dynamic capabilities to facilitate the transitions to implementing circular economy practices, but there needs to be more discussion on what capabilities are required and how to incorporate them. A qualitative research approach was taken to understand the dynamic capabilities that either help or hinder the development and implementation of sustainability initiatives in SMEs that have successfully transitioned. The findings indicate that a deeply embedded sustainability culture throughout these companies, driven by strategy and top management, is critical for incorporating sustainability. Furthermore, companies with sustainability at the core are willing to adapt and change anything within the business to take advantage of new opportunities provided they contribute to the sustainability vision of the company and are financial viable. Stemming from the capabilities within these companies, these companies have successfully incorporated the three pillars of sustainability into their business model. The main barriers inhibiting sustainability implementation are lack of access to capital, insufficient guidelines, standards and regulations, education and an understanding of how to incorporate sustainability into practice. This study contributes to the literature by identifying four sensing, four seizing and six reconfiguring building blocks of microfoundations of dynamic capabilities found in SMEs that have successfully transitioned. These may guide SMEs to incorporate sustainability practices within these companies. The limitation of this study is that interviews were conducted with top-level managers and heavily weighted toward the textile manufacturing industry in KwaZulu Natal." Gordon Institute of Business Science (GIBS) MBA Unrestricted 2023-08-28T07:36:13Z 2023-08-28T07:36:13Z 2023-09-08 2023-03-07 Mini Dissertation * S2023 http://hdl.handle.net/2263/92058 en © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Circular economy
Sustainability
Dynamic capabilities
Microfoundation
Innovation
An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title_full An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title_fullStr An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title_full_unstemmed An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title_short An SMEs’ perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
title_sort smes perspective on the role of dynamic capabilities in bridging the gap for sustainability implementation
topic UCTD
Circular economy
Sustainability
Dynamic capabilities
Microfoundation
Innovation
url http://hdl.handle.net/2263/92058