Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach

In recent years, our planet faces massive social, environment and economical challenges. Meanwhile, only 40% of the companies registered in Bursa Malaysia embed a sustainability concept in their whole projects or businesses due to lack of participation and awareness on sustainability as reported in...

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Main Author:	Nur Soliha, Sahimi
Format:	Thesis
Language:	English
Published:	2020
Subjects:	HD28 Management Industrial Management
Online Access:	http://umpir.ump.edu.my/id/eprint/30324/1/Business%20sustainability%20practice%20%28BSP%29%20profile%20assessment%20in%20malaysia%20economic%20sectors%20using%20k-mean%20clustering%20approach.wm.pdf
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spelling	my-ump-ir.303242023-05-10T07:52:49Z Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach 2020-02 Nur Soliha, Sahimi HD28 Management. Industrial Management In recent years, our planet faces massive social, environment and economical challenges. Meanwhile, only 40% of the companies registered in Bursa Malaysia embed a sustainability concept in their whole projects or businesses due to lack of participation and awareness on sustainability as reported in the Environmental Democracy Index (EDI), Sustainable Developement Index (SDI) and Human Developement Index (HDI). Therefore, no competitive edge among Malaysia Economic Sectors has been achieved. In Malaysia, there were only several academic studies or business reports presenting how a few companies that incorporate sustainability in their businesses nature. In order to combat these issue and achieve a better sustainability practices, an integration technique of the Business Sustainability Practice (BSP) was proposed to assess the BSP performance by using the K-Mean clustering approach and result validation using the Expert Elicitation method. From this attempts, the gap between the practice elements of knowledge and consciousness is improved through proper guidance, and this technique is acknowledged by the experts. From this research there are two main results which are the development of an integrated BSP which associate the perceptional (attitudinal) and knowledge through mapping between Sustainability Development Goals (SDG) and Green Project Management (GPM); secondly, the clustering and sector profiling on sustainability practice shown steadfast in consciousness but limited in knowledge of sustainability. Most of the clusters were located at the first and second quadrant. Then the best BSP performance is mining and quarrying’s sector which at steady state in sustainable practice with fully incorporated at planet’s attribution which are transport, energy, water, waste, and material and procurement. In contrast, the agriculture shows volatile trend for every attribution rather than other economic sectors. The collective feedback was agreed with the integrated system for Business Sustainability Practice (BSP) as found in the first finding as the solution for the Malaysian economic performance and the BSP profile for the second finding, where 100% of feedback agreed with both research findings to be implement later on. The feedback from the expert is this research finding is one of the good imitative thus will use in wider application to promote the competitive edge among Malaysia economic sectors in Malaysia. Now, it is time for every business in every sector and industry in Malaysia to take a serious action that will improve awareness and enhance Malaysia’s index rank to be among developed countries in the future. 2020-02 Thesis http://umpir.ump.edu.my/id/eprint/30324/ http://umpir.ump.edu.my/id/eprint/30324/1/Business%20sustainability%20practice%20%28BSP%29%20profile%20assessment%20in%20malaysia%20economic%20sectors%20using%20k-mean%20clustering%20approach.wm.pdf pdf en public masters Universiti Malaysia Pahang Faculty of Manufacturing and Mechatronic Engineering Technology Mohd Turan, Faiz
institution	Universiti Malaysia Pahang Al-Sultan Abdullah
collection	UMPSA Institutional Repository
language	English
advisor	Mohd Turan, Faiz
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management Nur Soliha, Sahimi Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
description	In recent years, our planet faces massive social, environment and economical challenges. Meanwhile, only 40% of the companies registered in Bursa Malaysia embed a sustainability concept in their whole projects or businesses due to lack of participation and awareness on sustainability as reported in the Environmental Democracy Index (EDI), Sustainable Developement Index (SDI) and Human Developement Index (HDI). Therefore, no competitive edge among Malaysia Economic Sectors has been achieved. In Malaysia, there were only several academic studies or business reports presenting how a few companies that incorporate sustainability in their businesses nature. In order to combat these issue and achieve a better sustainability practices, an integration technique of the Business Sustainability Practice (BSP) was proposed to assess the BSP performance by using the K-Mean clustering approach and result validation using the Expert Elicitation method. From this attempts, the gap between the practice elements of knowledge and consciousness is improved through proper guidance, and this technique is acknowledged by the experts. From this research there are two main results which are the development of an integrated BSP which associate the perceptional (attitudinal) and knowledge through mapping between Sustainability Development Goals (SDG) and Green Project Management (GPM); secondly, the clustering and sector profiling on sustainability practice shown steadfast in consciousness but limited in knowledge of sustainability. Most of the clusters were located at the first and second quadrant. Then the best BSP performance is mining and quarrying’s sector which at steady state in sustainable practice with fully incorporated at planet’s attribution which are transport, energy, water, waste, and material and procurement. In contrast, the agriculture shows volatile trend for every attribution rather than other economic sectors. The collective feedback was agreed with the integrated system for Business Sustainability Practice (BSP) as found in the first finding as the solution for the Malaysian economic performance and the BSP profile for the second finding, where 100% of feedback agreed with both research findings to be implement later on. The feedback from the expert is this research finding is one of the good imitative thus will use in wider application to promote the competitive edge among Malaysia economic sectors in Malaysia. Now, it is time for every business in every sector and industry in Malaysia to take a serious action that will improve awareness and enhance Malaysia’s index rank to be among developed countries in the future.
format	Thesis
qualification_level	Master's degree
author	Nur Soliha, Sahimi
author_facet	Nur Soliha, Sahimi
author_sort	Nur Soliha, Sahimi
title	Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
title_short	Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
title_full	Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
title_fullStr	Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
title_full_unstemmed	Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach
title_sort	business sustainability practice (bsp) profile assessment in malaysia economic sectors using k-mean clustering approach
granting_institution	Universiti Malaysia Pahang
granting_department	Faculty of Manufacturing and Mechatronic Engineering Technology
publishDate	2020
url	http://umpir.ump.edu.my/id/eprint/30324/1/Business%20sustainability%20practice%20%28BSP%29%20profile%20assessment%20in%20malaysia%20economic%20sectors%20using%20k-mean%20clustering%20approach.wm.pdf
_version_	1783732138899668992

Business sustainability practice (BSP) profile assessment in Malaysia economic sectors using K-mean clustering approach

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