Business sustainability conceptualization

Abstract

Sustainability of ICT businesses is a timely topic in the context of the rapidly changing macro-environmental market conditions. This paper documents research that has been undertaken to define the term business sustainability by analyzing multiple definitions proposed in the existing literature. The definitions of business sustainability have undergone a process of abstractive decomposition which decomposes the definition into pieces and then constructs a new definition from the pool of decomposed phrases. Business sustainability is a multifaceted concept with different emerging perspectives that can be achieved through the concentrated efforts on organizational activities and processes. The outcomes of business sustainability could benefit both the organization as well as the environment. Well defined production methods, architectural strategy and the organizational commitment towards technological support are paramount for ensuring business sustainability. This study’s significance is the contribution of a newer and comprehensive version of the definition the term business sustainability. The main conceptual contribution of this paper is its holistic presentation of the concept of business sustainability with contextual relevance to the ICT sector.