The Role of Knowledge Management in Strategic Sustainable Development : Comparing Theory and Practice in Companies Applying the FSSD

Abstract: The purpose of this study is to explore the role of knowledge management (KM) in integrating sustainability into business strategy in companies applying the framework for strategic sustainable development (FSSD).Corporations have the potential to be key players in moving society towards sustainability, but they lack clear definitions and guidelines around strategic sustainable development (SSD). The authors focus on the benefits of KM in organisations applying the FSSD, which offers general strategic guidelines, but does not refer to the complexity of managing the new sustainability knowledge.This study first examines the scientific literature around KM and FSSD and compares it with the results of expert interviews to develop a State of the Art Model of KM for SSD. Then the model is compared to current practices of corporations applying the FSSD and the gap is examined.The results of the analysis show that the concept of KM is widely discussed in the literature, yet it does not have much presence in the business world. The value of knowledge is recognised, but KM is not much used and no structured practices were identified. It was concluded that companies would benefit from a strategic KM system when integrating sustainability.