Strategic management or sustainable decisions in business: A case of greening the transport companies

Elaboration of steps for the strategic management of environmentally sound business solutions is essential for achieving sustainable development goals in Ukraine. Although strategic directions for decarbonization of the transport sector have already been developed at the national level, effectivenes...

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Autores principales:	Olena Shkarupa, Dmytro Vlasenko, Svitlana Vesperis, Alla Treus, Zuzana Juhaszova
Formato:	article
Lenguaje:	EN
Publicado:	LLC "CPC "Business Perspectives" 2021
Materias:	cost-effective decision-making greening management strategy sustainable development Business HF5001-6182
Acceso en línea:	https://doaj.org/article/e0410693c4664e799395d3ebb00268ff
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spelling	oai:doaj.org-article:e0410693c4664e799395d3ebb00268ff2021-11-29T09:28:31ZStrategic management or sustainable decisions in business: A case of greening the transport companies10.21511/ppm.19(4).2021.251727-70511810-5467https://doaj.org/article/e0410693c4664e799395d3ebb00268ff2021-11-01T00:00:00Zhttps://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15861/PPM_2021_04_Shkarupa.pdfhttps://doaj.org/toc/1727-7051https://doaj.org/toc/1810-5467Elaboration of steps for the strategic management of environmentally sound business solutions is essential for achieving sustainable development goals in Ukraine. Although strategic directions for decarbonization of the transport sector have already been developed at the national level, effectiveness of sustainable decision-making is closely related to the greening initiative on the local level. The purpose of the paper is to form a framework of greening strategy and sustainable decision-making for transport companies that is based on the necessity to reduce emissions. The research findings are obtained using the systems analysis, SWOT analysis, and cost-benefit method. The paper proves that choosing biogas (methane) as a main transport fuel is a viable and cost-effective initiative and can be used as a financial ground for the company’s strategic formation process that involves both tactical and organizational dimensions. The analysis results also showed threats and opportunities for greening based on switching transport companies to biogas and requiring steps of governmental support in developing biogas station networks. According to the green course, this study also reveals the possibility of establishing strategic management due to an authority delegation map between services and top management of a transport company. The study has made it possible to improve strategic management of a transport company by developing an optimal scheme of interaction between stakeholders and departments in strategic leadership for greening. AcknowledgmentThis study is a part of the Scientific Project “Modeling the Transfer of Eco-Innovations in the Enterprise-Region-State System: Impact on Ukraine’s Economic Growth and Security” (№ 0119U100364), which is financed by the state budget of Ukraine.On behalf of Zuzana Juhaszova’s contribution, this paper was supported by the Slovak Research and Development Agency under the contract No. APVV-16-0602 Enhancement of the relevance of the accounting data in the SR – from expenses to value.Olena ShkarupaDmytro VlasenkoSvitlana VesperisAlla TreusZuzana JuhaszovaLLC "CPC "Business Perspectives"articlecost-effectivedecision-makinggreeningmanagementstrategysustainable developmentBusinessHF5001-6182ENProblems and Perspectives in Management, Vol 19, Iss 4, Pp 311-324 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	cost-effective decision-making greening management strategy sustainable development Business HF5001-6182
spellingShingle	cost-effective decision-making greening management strategy sustainable development Business HF5001-6182 Olena Shkarupa Dmytro Vlasenko Svitlana Vesperis Alla Treus Zuzana Juhaszova Strategic management or sustainable decisions in business: A case of greening the transport companies
description	Elaboration of steps for the strategic management of environmentally sound business solutions is essential for achieving sustainable development goals in Ukraine. Although strategic directions for decarbonization of the transport sector have already been developed at the national level, effectiveness of sustainable decision-making is closely related to the greening initiative on the local level. The purpose of the paper is to form a framework of greening strategy and sustainable decision-making for transport companies that is based on the necessity to reduce emissions. The research findings are obtained using the systems analysis, SWOT analysis, and cost-benefit method. The paper proves that choosing biogas (methane) as a main transport fuel is a viable and cost-effective initiative and can be used as a financial ground for the company’s strategic formation process that involves both tactical and organizational dimensions. The analysis results also showed threats and opportunities for greening based on switching transport companies to biogas and requiring steps of governmental support in developing biogas station networks. According to the green course, this study also reveals the possibility of establishing strategic management due to an authority delegation map between services and top management of a transport company. The study has made it possible to improve strategic management of a transport company by developing an optimal scheme of interaction between stakeholders and departments in strategic leadership for greening. AcknowledgmentThis study is a part of the Scientific Project “Modeling the Transfer of Eco-Innovations in the Enterprise-Region-State System: Impact on Ukraine’s Economic Growth and Security” (№ 0119U100364), which is financed by the state budget of Ukraine.On behalf of Zuzana Juhaszova’s contribution, this paper was supported by the Slovak Research and Development Agency under the contract No. APVV-16-0602 Enhancement of the relevance of the accounting data in the SR – from expenses to value.
format	article
author	Olena Shkarupa Dmytro Vlasenko Svitlana Vesperis Alla Treus Zuzana Juhaszova
author_facet	Olena Shkarupa Dmytro Vlasenko Svitlana Vesperis Alla Treus Zuzana Juhaszova
author_sort	Olena Shkarupa
title	Strategic management or sustainable decisions in business: A case of greening the transport companies
title_short	Strategic management or sustainable decisions in business: A case of greening the transport companies
title_full	Strategic management or sustainable decisions in business: A case of greening the transport companies
title_fullStr	Strategic management or sustainable decisions in business: A case of greening the transport companies
title_full_unstemmed	Strategic management or sustainable decisions in business: A case of greening the transport companies
title_sort	strategic management or sustainable decisions in business: a case of greening the transport companies
publisher	LLC "CPC "Business Perspectives"
publishDate	2021
url	https://doaj.org/article/e0410693c4664e799395d3ebb00268ff
work_keys_str_mv	AT olenashkarupa strategicmanagementorsustainabledecisionsinbusinessacaseofgreeningthetransportcompanies AT dmytrovlasenko strategicmanagementorsustainabledecisionsinbusinessacaseofgreeningthetransportcompanies AT svitlanavesperis strategicmanagementorsustainabledecisionsinbusinessacaseofgreeningthetransportcompanies AT allatreus strategicmanagementorsustainabledecisionsinbusinessacaseofgreeningthetransportcompanies AT zuzanajuhaszova strategicmanagementorsustainabledecisionsinbusinessacaseofgreeningthetransportcompanies
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Strategic management or sustainable decisions in business: A case of greening the transport companies

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