Global supply chains offer multinationals in advanced economies low-cost products and services without the need to invest heavily in overseas jobs and infrastructure. They also provide the emerging economies in which they operate with value – creating more employment opportunities than the suppliers could hope for on their own domestic markets.
But managing a supply chain across continents is a challenge. Differing local laws, large distances, skills gaps and shaky quality standards can threaten a multinational’s competitiveness in the market. Not to mention pressure applied to multinationals’ sustainability record and ethical footprint.
Rigid sustainability benchmarks, although suited to developed markets, can also clash with the complex, unpredictable specificities of a local market.
With the COVID-19 pandemic, decreasing international cooperation and pressure to clean up business on an ethical and environmental dimension, there is a need for agile sustainability governance to develop.
How to set up and drive agile sustainability governance for your supply chain
Professor Tanusree Jain, Trinity Business School, Trinity College Dublin, shares her research with colleagues Vivek Soundararajan, University of Bath, Sreevas Sahasranamam, University of Strathclyde, and Zaheer Khan, University of Aberdeen on how to set up and implement agile sustainability governance for your supply chain.
Implementing Agile Sustainability Governance for your Global Supply Chain: The latest in an ongoing series of Council on Business & Society Research Pods – condensed learning capsules inspired from internationally published research in the fields of CSR, management & leadership, HR, sustainable finance & reporting, social enterprise, entrepreneurship, philanthropy, and sustainable business practices.
The 3 Ps in a CoBS Pod
Implementing Agile Sustainability Governance for your Global Supply Chain. Download the CoBS Research Pod
Learning Objective: Understand the challenges facing global supply chains and the sustainability context, the importance of empowering local stakeholders, and how to set up and manage agile sustainability governance.
Related research: Multinational enterprises and the governance of sustainability practices in emerging market supply chains: An agile governance perspective, Journal of World Business.
- Go further and read the full feature article on the topic.
- Download the full article and others in Global Voice magazine #17
- Study an international MBA or EMBA at Trinity Business School, Trinity College Dublin.
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