Strategic fit |
Brook & Pagnanelli (2014)Brook, J. W., & Pagnanelli, F. (2014). Integrating sustainability into innovation project portfolio management - A strategic perspective. Journal of Engineering and Technology Management, 34, 46-62. http://dx.doi.org/10.1016/j.jengtecman.2013.11.004. http://dx.doi.org/10.1016/j.jengtecman.2...
, Cooper et al. (1999)Cooper, R., Edgett, S., & Kleinschmidt, E. (1999). New product portfolio management: practices and performance. Journal of Product Innovation Management, 16(4), 331-351. http://dx.doi.org/10.1016/S0737-6782(99)00005-3. http://dx.doi.org/10.1016/S0737-6782(99)...
, Kock et al. (2015)Kock, A., Heising, W., & Gemünden, H. G. (2015). How ideation portfolio management influences front-end success. Journal of Product Innovation Management, 32(4), 539-555. http://dx.doi.org/10.1111/jpim.12217. http://dx.doi.org/10.1111/jpim.12217...
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Presence of a sustainability board that develops sustainability policies to meet the social, environmental, and economic demands of its stakeholders. The influence of this board reinforces the environmental and social analyses of the projects planned, approved, and executed. R&D efforts to develop projects for the production of wind energy. |
Balance |
Cooper et al. (1999)Cooper, R., Edgett, S., & Kleinschmidt, E. (1999). New product portfolio management: practices and performance. Journal of Product Innovation Management, 16(4), 331-351. http://dx.doi.org/10.1016/S0737-6782(99)00005-3. http://dx.doi.org/10.1016/S0737-6782(99)...
, Kock et al. (2015)Kock, A., Heising, W., & Gemünden, H. G. (2015). How ideation portfolio management influences front-end success. Journal of Product Innovation Management, 32(4), 539-555. http://dx.doi.org/10.1111/jpim.12217. http://dx.doi.org/10.1111/jpim.12217...
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Some of the projects that make up the company’s portfolio are complex and long term (such as thermal and hydroelectric power plants). |
Maximized portfolio value |
Brook & Pagnanelli (2014)Brook, J. W., & Pagnanelli, F. (2014). Integrating sustainability into innovation project portfolio management - A strategic perspective. Journal of Engineering and Technology Management, 34, 46-62. http://dx.doi.org/10.1016/j.jengtecman.2013.11.004. http://dx.doi.org/10.1016/j.jengtecman.2...
, Cooper et al. (1999)Cooper, R., Edgett, S., & Kleinschmidt, E. (1999). New product portfolio management: practices and performance. Journal of Product Innovation Management, 16(4), 331-351. http://dx.doi.org/10.1016/S0737-6782(99)00005-3. http://dx.doi.org/10.1016/S0737-6782(99)...
, Kock et al. (2015)Kock, A., Heising, W., & Gemünden, H. G. (2015). How ideation portfolio management influences front-end success. Journal of Product Innovation Management, 32(4), 539-555. http://dx.doi.org/10.1111/jpim.12217. http://dx.doi.org/10.1111/jpim.12217...
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Difficult to measure and account for long-term environmental impacts in their projects, especially when considering the impacts on biodiversity. |
Preparation for the future |
Cooper et al. (1999)Cooper, R., Edgett, S., & Kleinschmidt, E. (1999). New product portfolio management: practices and performance. Journal of Product Innovation Management, 16(4), 331-351. http://dx.doi.org/10.1016/S0737-6782(99)00005-3. http://dx.doi.org/10.1016/S0737-6782(99)...
, Kock et al. (2015)Kock, A., Heising, W., & Gemünden, H. G. (2015). How ideation portfolio management influences front-end success. Journal of Product Innovation Management, 32(4), 539-555. http://dx.doi.org/10.1111/jpim.12217. http://dx.doi.org/10.1111/jpim.12217...
, Voss (2012)Voss, M. (2012). Impact of customer integration on project portfolio management and its success – developing a conceptual framework. International Journal of Project Management, 30(5), 567-581. http://dx.doi.org/10.1016/j.ijproman.2012.01.017. http://dx.doi.org/10.1016/j.ijproman.201...
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Internal R&D projects and open innovation initiatives for the joint development of projects (energy project competition and partnership with universities, for example). |
Brand |
Brook & Pagnanelli (2014)Brook, J. W., & Pagnanelli, F. (2014). Integrating sustainability into innovation project portfolio management - A strategic perspective. Journal of Engineering and Technology Management, 34, 46-62. http://dx.doi.org/10.1016/j.jengtecman.2013.11.004. http://dx.doi.org/10.1016/j.jengtecman.2...
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The company positions itself as a sustainable company. Large portfolio of projects in wind and solar energy. |
Environmental indicators in the project portfolio |
Brook & Pagnanelli (2014)Brook, J. W., & Pagnanelli, F. (2014). Integrating sustainability into innovation project portfolio management - A strategic perspective. Journal of Engineering and Technology Management, 34, 46-62. http://dx.doi.org/10.1016/j.jengtecman.2013.11.004. http://dx.doi.org/10.1016/j.jengtecman.2...
, Khalili-Damghani & Tavana (2014)Khalili-Damghani, K., & Tavana, M. (2014). A Comprehensive framework for sustainable project portfolio selection based on structural equation modeling. Journal of Project Management, 45(2), 83-97. http://dx.doi.org/10.1002/pmj.21404. http://dx.doi.org/10.1002/pmj.21404...
, Silvius et al. (2012)Silvius, G. A. J., Schipper, R. P. J., Planko, J., Van DenBrink, J., & Köhler, A. (2012). Sustainability in project management: advances in project management. Surrey, England: Gower Publishing.
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Adoption of consolidated sustainability indices such as the Dow Jones Sustainability Index. The need to develop environmental project indicators to meet the legislation in the countries where it operates. |
Stimuli for the adoption of environmental sustainability in the project portfolio |
Van Hemel & Cramer (2002)Van Hemel, C., & Cramer, J. (2002). Barriers and stimuli for ecodesign in SMEs. Journal of Cleaner Production, 10(5), 439-453. http://dx.doi.org/10.1016/S0959-6526(02)00013-6. http://dx.doi.org/10.1016/S0959-6526(02)...
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Organizational culture oriented towards environmental sustainability (the company aims to be recognized as sustainable from the environmental point of view, which is contemplated in its various projects). Compliance with the legislation of the countries in which it operates. |
Barriers to the adoption of environmental sustainability in the project portfolio |
Collado-Ruiz & Ostad-Ahmad-Ghorabi (2013)Collado-Ruiz, D., & Ostad-Ahmad-Ghorabi, H. (2013). Estimating environmental behavior without performing a life cycle assessment. Journal of Industrial Ecology, 17(1), 31-42. http://dx.doi.org/10.1111/j.1530-9290.2012.00510.x. http://dx.doi.org/10.1111/j.1530-9290.20...
, Van Hemel & Cramer (2002)Van Hemel, C., & Cramer, J. (2002). Barriers and stimuli for ecodesign in SMEs. Journal of Cleaner Production, 10(5), 439-453. http://dx.doi.org/10.1016/S0959-6526(02)00013-6. http://dx.doi.org/10.1016/S0959-6526(02)...
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Adequacy of legislation in different countries. Lack of clarity of legislation. Technological restrictions. |