12 Green Management Practices by Small and Medium Enterprises
-
M. Chithra
Abstract
As ‘Greening’ the process has become norm of the day, total quality management in manufacturing sector becomes a reality only with green practices. Having green practices in place, creating awareness among the employees and adhering to the mandate on green practices sustainable practices, does have a huge impact on performance of the entities. This chapter attempts to bring together, the components of green management practices, from existing literature and contemporary practices. Green management practices enable continuous improvement and sustainability. Green Manufacturing is the most emerging sustainable manufacturing practice that has the capability to solve the most of issues that the Indian industries come across now. It covers all aspect to reduce the environmental impact by optimum use of available resources and reduction of waste. Due to various reasons, small and medium sized enterprises (SMEs) may have been left out of the regulatory and social pressures. The time has come where ignoring environmental impacts of SMEs is no longer viable. Small and medium sized firms are essential to all economies but also have a significant negative impact on the environment. Their collective footprint equates to the major contribution of industrial pollution, yet SMEs are not convinced of the necessity for behaviour change. It is imperative to understand the importance of becoming green, and act swiftly.
Abstract
As ‘Greening’ the process has become norm of the day, total quality management in manufacturing sector becomes a reality only with green practices. Having green practices in place, creating awareness among the employees and adhering to the mandate on green practices sustainable practices, does have a huge impact on performance of the entities. This chapter attempts to bring together, the components of green management practices, from existing literature and contemporary practices. Green management practices enable continuous improvement and sustainability. Green Manufacturing is the most emerging sustainable manufacturing practice that has the capability to solve the most of issues that the Indian industries come across now. It covers all aspect to reduce the environmental impact by optimum use of available resources and reduction of waste. Due to various reasons, small and medium sized enterprises (SMEs) may have been left out of the regulatory and social pressures. The time has come where ignoring environmental impacts of SMEs is no longer viable. Small and medium sized firms are essential to all economies but also have a significant negative impact on the environment. Their collective footprint equates to the major contribution of industrial pollution, yet SMEs are not convinced of the necessity for behaviour change. It is imperative to understand the importance of becoming green, and act swiftly.
Kapitel in diesem Buch
- Frontmatter I
- Preface V
- Contents VII
- Introduction IX
- 1 Enhancing SMEs’ Sustainability Through Innovative Practices 1
- 2 The Approach of SMEs Towards Green Management Practices 17
- 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture 33
- 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice 57
- 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India 73
- 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment 95
- 7 Ownership Structures and Performance of SMEs: An Empirical Analysis 119
- 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue 141
- 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India 165
- 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth 187
- 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs) 199
- 12 Green Management Practices by Small and Medium Enterprises 211
- 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India 227
- 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability 247
- 15 Effect of Government Policies on SME Innovation and Entrepreneurship 267
- 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility 285
- 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data- Driven Strategies 315
- List of Contributors 333
- About the Editors 339
- List of Tables 341
- List of Figures 343
- Index 345
Kapitel in diesem Buch
- Frontmatter I
- Preface V
- Contents VII
- Introduction IX
- 1 Enhancing SMEs’ Sustainability Through Innovative Practices 1
- 2 The Approach of SMEs Towards Green Management Practices 17
- 3 Factors Influencing Financial Backers’ Exit Decisions from a New Venture 33
- 4 Technological Advancement in Industrial Revolution 4.0 for Sustainable Development of India: Understanding Linkages in Theory and Practice 57
- 5 Impact of Macroeconomic Determinants and Corporate Attributes on Firms’ Financial Success in India 73
- 6 Exploring Individual Investor Intentions Towards Socially Responsible Investment 95
- 7 Ownership Structures and Performance of SMEs: An Empirical Analysis 119
- 8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue 141
- 9 Emerging Green: Exploring Strategic Factors for SMEs’ Adoption of Green Technology and Innovation in India 165
- 10 Impact of Sustainability and Green Finance on SMEs to Promote Green Growth 187
- 11 Progress Intention and Sales Revenue Growth in Micro, Small and Medium Enterprises (SMEs) 199
- 12 Green Management Practices by Small and Medium Enterprises 211
- 13 An Analysis of MSMEs’ Contributions to the Promotion of SDGs in India 227
- 14 Impact of Innovation and Its Role in Small Medium Enterprises’ Sustainability 247
- 15 Effect of Government Policies on SME Innovation and Entrepreneurship 267
- 16 A Study on Various Aspects of SMEs’ Orientation for Corporate Social Responsibility 285
- 17 SME and Environmental Sustenance: Digital Marketing in SMEs via Data- Driven Strategies 315
- List of Contributors 333
- About the Editors 339
- List of Tables 341
- List of Figures 343
- Index 345
