203
subject to an agreed framework and action plan. There is, however, no standardization
of this approach that gives guidance to future initiatives elsewhere and in other sectors. An attempt to provide such a framework through ISEAL attempted to federate
individual initiatives and to facilitate experience sharing. So far ISEAL regroups
over 20 members (Fig. 14.2 ) mostly ones concerned with ethical and social issues
surrounding resource exploitation (ISEAL 2015 ).
While obviously compatible with conventional LCM ideas, some of the collaborative initiatives may operate under other names such as SSCM, SMM, material
management and so on. The diversity of nomenclature is perhaps one of the consequences of a lack of clear, formal and universally accepted framework of LCM.
5 Life Cycle Management and Business Organizations
Due to their infl uence over corporate management practice, it is useful to review
also the role of management institutions and business associations in improving
value chain performance. The peak business body WBCSD ( www.wbcsd.org ),
while broadly endorsing a life cycle management approach, is concentrating on
Fig. 14.2 ISEAL members (ISEAL 2015 )
14 Life Cycle Management Responsibilities and Procedures in the Value Chain
subject to an agreed framework and action plan. There is, however, no standardization
of this approach that gives guidance to future initiatives elsewhere and in other sectors. An attempt to provide such a framework through ISEAL attempted to federate
individual initiatives and to facilitate experience sharing. So far ISEAL regroups
over 20 members (Fig. 14.2 ) mostly ones concerned with ethical and social issues
surrounding resource exploitation (ISEAL 2015 ).
While obviously compatible with conventional LCM ideas, some of the collaborative initiatives may operate under other names such as SSCM, SMM, material
management and so on. The diversity of nomenclature is perhaps one of the consequences of a lack of clear, formal and universally accepted framework of LCM.
5 Life Cycle Management and Business Organizations
Due to their infl uence over corporate management practice, it is useful to review
also the role of management institutions and business associations in improving
value chain performance. The peak business body WBCSD ( www.wbcsd.org ),
while broadly endorsing a life cycle management approach, is concentrating on
Fig. 14.2 ISEAL members (ISEAL 2015 )
14 Life Cycle Management Responsibilities and Procedures in the Value Chain