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Toward a spirituality mode of firm sustainability strategic planning processes

Katelin Barron (College of Business & Engineering, The University of Texas of the Permian Basin, Odessa, Texas, USA)
Shih Yung Chou (College of Business & Engineering, The University of Texas of the Permian Basin, Odessa, Texas, USA)

Society and Business Review

ISSN: 1746-5680

Article publication date: 13 February 2017

1050

Abstract

Purpose

This paper aims to develop a spirituality mode of firm strategic planning processes that incorporate four basic firm spirituality elements, namely, transcendence, an inexhaustible source of will, a basic and supreme power and interconnectedness and oneness, used for promoting corporate and community sustainability.

Design/methodology/approach

A conceptual analysis was performed.

Findings

Drawing upon prior research, this paper suggests that there are four major spiritual elements of the firm, namely, transcendence, an inexhaustible source of will, a basic and supreme power and interconnectedness and oneness. Additionally, this paper proposes that to promote long-term sustainability and survival of the firm and community, firms can place strong emphasis on firm transcendence when establishing the vision and mission statements. Moreover, firms may need to assess environmental conditions based upon an inexhaustible source of will. Furthermore, when formulating and selecting strategic alternatives, firms can utilize a basic and supreme power. Finally, firms may implement selected strategic alternatives and strategic controls with interconnectedness and oneness mentality.

Originality/value

This paper is one of the first studies that develop a spirituality mode of strategic planning processes focusing on both corporate and community sustainability.

Keywords

Citation

Barron, K. and Chou, S.Y. (2017), "Toward a spirituality mode of firm sustainability strategic planning processes", Society and Business Review, Vol. 12 No. 1, pp. 46-62. https://doi.org/10.1108/SBR-01-2016-0008

Publisher

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Emerald Publishing Limited

Copyright © 2017, Emerald Publishing Limited

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