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Key Sustainability Challenges Of Colep

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1. The Sustainability Challenge

Moving from corporate to business unit level, the key point is the definition of a strategy to win in the market and be competitive – “how the BU wins in the market place?” (Porter, 1996), (Luecke, 2005). In order to drive increase revenues through customer satisfaction it is required that companies have a market oriented strategy. This typically derives from understanding and meeting customer needs (Kotler and Keller, 2006). In order to successfully outperform the market, best practices suggest that a combination between inside out (company to market) and outside in analysis (market to company) should be considered to define a winning strategy (Titov and Protsiv, 2006). From an inside out analysis it is …show more content…

Those tools will enable Colep to direct its efforts on developing new products (Eco Design phase) and select more sustainable raw materials and suppliers. On a front end perspective, this may allow Colep to enter new markets that are currently inaccessible and approach tier one customers to work together in order to develop technological sustainable solutions. The key sustainability challenge that is going to be addressed is how Colep can integrate environmental impact measurement tools, such as LCAs, in its new product development process to provide sustainable solutions to its …show more content…

With the kick-off of The Unilever Sustainable Living Plan (USLP) in 2008, Unilever has been focusing its business strategy on the need to develop solutions to some of the world’s deep social and environmental challenges. According Unilever (2014), the success of their business relies on finding sustainable solutions to support long-term growth. They target to double the size of the business while reducing the environmental footprint (Unilever, 2014). In 2013 Unilever launched the compressed deodorant aerosol spray technology, a sustainable solution which resulted in less impact to the environment. According to the LCA studies, if 1 million of people switched to compressed deodorants and assuming each person uses in average 5 units a year, there would be a reduction of 696 tonnes of CO2 in the air (Unilever, 2013). However, Unilever recognizes that to achieve great solutions there must be partnerships with both suppliers and customers; a complete value chain analysis (Unilever, 2014). Important to highlight that from a business point of view, Unilever experienced tremendous growth since they start their sustainability plan (Karlsson and Luttropp, 2006). Other companies are following a similar path on sustainability such as Colep. By supporting customers to achieve their objectives, Colep’s

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