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Supporting decision‐making for recycling‐based investments
Author(s) -
Noci Giuliano
Publication year - 1995
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/bse.3280040203
Subject(s) - delegate , process (computing) , business , decision maker , identification (biology) , risk analysis (engineering) , neglect , environmental economics , order (exchange) , process management , management science , economics , computer science , finance , medicine , botany , nursing , biology , programming language , operating system
Abstract The increasing demand for environmentally friendly products and the introduction of tougher environmental laws have encouraged firms to consider the adoption of recycling issues as one of the most effective solutions for reducing their impact on the environment. Unfortunately, many companies delegate decision‐making on recycling issues at an operational level. This attitude presents some problems as it could lead companies to neglect many effects resulting from the adoption of recycling‐based investments. The objective of this paper is to suggest a conceptual model aimed at supporting managers in the integration of recycling issues into the overall process of strategy formation; in particular, the designed approach is divided into two main phases: the identification of the main recycling‐based programmes and the definition of a framework, based on both physical and accounting measures, aimed at assessing the effectiveness of different recycling initiatives according to the main priorities of the decision‐maker.