2025
A Theoretical Approach to Sustainability in Business
VARTIAK, Lukáš and Jana MAJEROVÁBasic information
Original name
A Theoretical Approach to Sustainability in Business
Authors
VARTIAK, Lukáš and Jana MAJEROVÁ
Edition
Berlin, Innovation and Sustainability in Digital Era, p. 501-512, 12 pp. 2025
Publisher
Peter Lang
Other information
Language
English
Type of outcome
Chapter(s) of a specialized book
Field of Study
50204 Business and management
Country of publisher
Germany
Confidentiality degree
is not subject to a state or trade secret
Publication form
electronic version available online
References:
Marked to be transferred to RIV
Yes
Organization unit
Ambis University
ISBN
978-3-631-93593-4
Keywords in English
Sustainability; McKinsey 7S; Chung’s Critical Success Factors; Business Excellence
Tags
Tags
International impact, Reviewed
Changed: 24/2/2026 17:54, Ing. Kateřina Lendrová
Abstract
In the original language
Every business, regardless of its subject matter, strives to achieve success. Many businesses understand success as profit. Profit is the basic principle for which businesses are established, but looking at how profit is achieved is also necessary. Since businesses today find themselves in a challenging competitive struggle, they seek ways to emerge victorious. The basis for victory is to reach customers, which can only be achieved by differentiating themselves from the competition. Differentiation does not consist only in offering a unique product. A business must be focused on customer needs and, at the same time, must look at its surroundings to be profitable. This is the only way to achieve sustainability in business. A simplified guide for every business is its focus on achieving quality in products, its internal processes, and external relations. This chapter summarizes the essential theoretical foundations for achieving sustainability in business by examining and assessing the concepts of critical success factors, business excellence, and corporate social responsibility.