2015/01/22 by Lára Jóhannsdóttir, Snjólfur Ólafsson, Brynhildur Davíðsdóttir · 1 citation
Business, Management and Accounting · Economics, Econometrics and Finance · #Insurance and Financial Risk Management #Islamic Finance and Banking Studies #Supply Chain Resilience and Risk Management
paper · doi:10.1108/jocm-12-2013-0238
openalex publication_date 2015/01/22 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/26
Purpose – The change management literature on strategy implementation identifies different dimensions of resistance to change. The contrary view – that of dimensions of acceptance of change when implementing strategy – has received less attention. The purpose of this paper is to explore the implementation of environmental sustainability strategies by Nordic insurers, the role of leadership in implementing these changes, and employee acceptance of change. Design/methodology/approach – For achieving this purpose, this paper reports on an explanatory case study of Nordic non-life insurers, where interviews with insurance executives and specialists were the primary source of data. Findings – The authors have developed simple strategy maps, focusing on insurers’ own operations, product offerings, loss prevention and claims settlements, investments and influence on stakeholders, to show how common elements of environmental strategies are implemented within the insurance industry. The importance of leadership in organizational change is evident in the data, as well as in employees’ positive attitudes towards implementation of environmental sustainability strategies. Originality/value – The scientific contribution of this paper is the empirical mapping of a hitherto unexplored area of the implementation of environmental sustainability strategies within the Nordic insurance industry, highlighting the leadership role in implementing environmental sustainability strategies and the elements shaping employee acceptance of change when implementing environmental sustainability strategies.