Abstract
This chapter explores the role of embedding sustainable practices, employee-centric circular happiness, and purpose-driven business models (PDBMs) for attaining sustainable competitive advantage. The chapter is strongly underpinned by a range of theories, such as the triple bottom line (TBL), stakeholder theory, resource-based theory (RBT), innovation theories, Porter, and Kramer’s shared value model (PK-SVM), biophilic design, theories of organisational citizenship and theories of sustainability. The aim is to enhance employee engagement, employee happiness and purpose-driven, sustainable, competitive advantage of the organisation. The chapter also highlights the key principles of circular happiness economy, sustainability, and their role in the purpose-driven growth of the business.
| Original language | English |
|---|---|
| Title of host publication | Circular Happiness: Building Sustainable Workplaces for the Next Generation |
| Editors | Pawan Kumar, Pretty Bhalla, Rajesh Verma, Sumesh S. Dadwal |
| Place of Publication | Leeds |
| Publisher | Emerald |
| Chapter | 4 |
| Pages | 59-91 |
| Number of pages | 33 |
| ISBN (Electronic) | 9781805929079, 9781805929093 |
| ISBN (Print) | 9781805929086 |
| DOIs | |
| Publication status | Published - 18 May 2026 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 12 Responsible Consumption and Production
Keywords
- circular economy
- circular happiness
- competitive advantage
- green spaces
- purpose-driven business models
- sustainability
- Sustainable practice
- triple bottom line
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