Identifying and prioritizing drivers for optimizing the sustainable value chain of Iran's petrochemical industry with a strategic foresight approach

Document Type : Original Article

Authors

1 Associate Professor, Department of Business Administration, Faculty of Management and Accounting, Allameh Tabatabai University, Tehran, Iran.

2 Master of Public Administration, Faculty of Management and Accounting, Allameh Tabatabaei University, Tehran, Iran.

3 Master of International Business, Faculty of Management and Accounting, Allameh Tabatabai University, Tehran, Iran.

Abstract

Background and Objectives: The sustainable value chain of the Iranian petrochemical industry plays a key role in achieving sustainable development in the Islamic Republic of Iran by increasing productivity, reducing environmental pollutants, and developing downstream industries. Therefore, the purpose of this study was to identify and prioritize the drivers of optimizing the sustainable value chain of the Iranian petrochemical industry with a strategic foresight approach.

Materials and Methods: The present study is based on the analysis of the interaction/structural matrix with a strategic foresight approach in terms of its method and is of a developmental-applied type in terms of its purpose. The statistical population of this study consists of 15 academic experts and senior managers of the petrochemical industry in the Islamic Republic of Iran. The data of this study were collected through semi-structured interviews and a qualitative questionnaire rated from zero to three according to the interaction/structural matrix and analyzed with the Miqmac statistical software.

Results: The findings of this study showed that the drivers of promoting a culture of sustainable development and corporate social responsibility are the development of new technologies and digitalization of business and production processes, the implementation of monitoring systems for safety, environmental, and occupational health standards, flexibility, and integration of the supply chain and production processes as influential drivers (influence).

Conclusion: The results of this study showed that prioritizing the drivers of optimizing the sustainable value chain of the Iranian petrochemical industry with a strategic foresight approach can help petrochemical companies achieve a sustainable value chain by focusing on economic, social, and environmental development goals.

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History

  • Receive Date: 25 February 2025
  • Revise Date: 09 March 2025
  • Accept Date: 04 April 2025
  • Publish Date: 19 February 2025

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