Source of Sustainable Corporate Development (Capability Law and Strategy Application)

Author: Yu Weiping
Publisher:
Publish Date: 2005-02-01
Features: With the development of economic globalization and information technology, the environment in which businesses survive and thrive has undergone significant changes. Many companies have declined due to their inability to adapt to this transformation. How to ensure that businesses can maintain their current growth while also achieving sustained success in the future has garnered increasing attention from all sectors. This book comprehensively employs both normative and empirical research methods, grounded in three major theoretical foundations—corporate growth theory, corporate capability theory, and corporate life cycle theory. It combines the excellent business practices of the top 500 Western companies with practical cases from Chinese enterprises to systematically analyze the mechanisms of corporate sustainability from a capability perspective, yielding highly valuable findings.
Using inductive methods, the book constructs the POSTEN model—a corporate capability combination model that influences and determines sustainable development through literature review and questionnaire surveys. Employing deductive methods, it reveals the dynamic adaptation relationship between the POSTEN model and the corporate life cycle through questionnaire surveys, field research, and case studies, identifying the dominant capabilities at each stage of the life cycle and proposing evolutionary pathways for capability combinations to achieve sustainable development. The book quantitatively assesses the corporate life cycle and conducts empirical analysis on 1,135 Chinese listed companies. It also uncovers the dynamic evolution patterns of each capability within the POSTEN model across different life cycle stages. Finally, it compares and analyzes domestic and international corporate competitiveness evaluation systems, exploring pathways to enhance the competitiveness of Chinese enterprises.