Cell Biology and Development Studies

ABSTRACT

This paper discusses innovation in future-oriented business and strategic management, focusing on Diversity, Equity, and Inclusion (DEI), Environmental, social, and governance (ESG), innovation, strategic management, organizational sustainability, and organizational fortitude. The emphasis on DEI and ESG reflects the importance of considering these aspects in making responsible and sustainable business decisions. Innovation is seen as key to strengthening an organization's future competitiveness and relevance. Future-focused strategic management also includes developing organizational fortitude, i.e., the ability to survive and adapt in the face of rapid and complex change. In the context of sustainability, organizations need to consider their operations' environmental and social impacts and integrate sustainable practices into their business models. This research uses an unstructured literature review approach to conceptually explore how organizations can integrate DEI, ESG, innovation, and organizational fortitude into their management strategies and practices.The findings from this study can provide valuable insights for organizations looking to improve their performance through innovation and sustainable strategic management.

Article History

Received 21 June 2023; Revised 21 September 2023; Accepted 28 September 2023

KEYWORDS

1. Diversity, equity and inclusion (DEI)
2. Environmental, social, and governance (ESG)
3. Innovation
4. Strategic management
5. Organizational fortitude
6. Sustainability