IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i24p11244-d1549651.html
   My bibliography  Save this article

Empowering Nanostores for Competitiveness and Sustainable Communities in Emerging Countries: A Generative Artificial Intelligence Strategy Ideation Process

Author

Listed:
  • David Ernesto Salinas-Navarro

    (Facultad de Ingeniería, Universidad Panamericana, Augusto Rodín 498, Ciudad de México 03920, Mexico)

  • Eliseo Vilalta-Perdomo

    (Aston Business School, Aston University, Birmingham B4 7ET, UK)

  • Rosario Michel-Villarreal

    (Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds LS2 9JT, UK)

Abstract

This exploratory study investigates Generative Artificial Intelligence’s (GenAI) use in strategy ideation for nanostores—i.e., small independent grocery retailers—to enhance their competitiveness while contributing to community sustainability. Nanostores, particularly in emerging countries, face intense competition and rapidly changing trends. These stores adopt various strategies by leveraging their proximity to consumers in neighbourhoods, resulting in different business configurations. While the existing literature highlights the broader nanostores’ functions, there is limited research on how they may develop comprehensive strategies to face their challenges. By employing a thing ethnography methodology, this work proposes GenAI thing interviewing—i.e., with ChatGPT 3.5 and Microsoft Copilot—through incremental prompting to explore potential strategy ideation and practices. Key findings suggest GenAI conversations can aid shopkeepers in strategy ideation through human-like written language, aligning with small business dynamics and structures. This proposition results in a GenAI ideation framework for strategy generation and definition. Moreover, this technology can enhance nanostore competitiveness and sustainability impact by enacting improved strategy practices in stakeholder engagements. Accordingly, this work’s main contribution underscores a GenAI-enabled conversational approach to facilitate nanostores’ strategy ideation and embedding in everyday business operations. Future work must address the limitations and further investigate GenAI’s influence on human understanding and technological creation, strategy ideation, adoption, and usability in nanostores.

Suggested Citation

  • David Ernesto Salinas-Navarro & Eliseo Vilalta-Perdomo & Rosario Michel-Villarreal, 2024. "Empowering Nanostores for Competitiveness and Sustainable Communities in Emerging Countries: A Generative Artificial Intelligence Strategy Ideation Process," Sustainability, MDPI, vol. 16(24), pages 1-31, December.
  • Handle: RePEc:gam:jsusta:v:16:y:2024:i:24:p:11244-:d:1549651
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/24/11244/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/16/24/11244/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chris Stokel-Walker & Richard Van Noorden, 2023. "What ChatGPT and generative AI mean for science," Nature, Nature, vol. 614(7947), pages 214-216, February.
    2. Mariani, Marcello & Dwivedi, Yogesh K., 2024. "Generative artificial intelligence in innovation management: A preview of future research developments," Journal of Business Research, Elsevier, vol. 175(C).
    3. Atul Arun Pathak & George Kandathil, 2020. "Strategizing in small informal retailers in India: Home delivery as a strategic practice," Asia Pacific Journal of Management, Springer, vol. 37(3), pages 851-877, September.
    4. David Hidalgo-Carvajal & Edgar Gutierrez-Franco & Christopher Mejia-Argueta & Helen Suntura-Escobar, 2023. "Out of the Box: Exploring Cardboard Returnability in Nanostore Supply Chains," Sustainability, MDPI, vol. 15(10), pages 1-16, May.
    5. Eduardo Ordonez-Ponce & Amelia Clarke & Adriane MacDonald, 2021. "Business contributions to the sustainable development goals through community sustainability partnerships," Sustainability Accounting, Management and Policy Journal, Emerald Group Publishing Limited, vol. 12(6), pages 1239-1267, June.
    6. Gregory, Amanda J. & Atkins, Jonathan P. & Midgley, Gerald & Hodgson, Anthony M., 2020. "Stakeholder identification and engagement in problem structuring interventions," European Journal of Operational Research, Elsevier, vol. 283(1), pages 321-340.
    7. Cui, Yuanyuan (Gina) & van Esch, Patrick & Phelan, Steven, 2024. "How to build a competitive advantage for your brand using generative AI," Business Horizons, Elsevier, vol. 67(5), pages 583-594.
    8. Christopher Luederitz & Guido Caniglia & Barry Colbert & Sarah Burch, 2021. "How do small businesses pursue sustainability? The role of collective agency for integrating planned and emergent strategy making," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 3376-3393, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giordano, Vito & Spada, Irene & Chiarello, Filippo & Fantoni, Gualtiero, 2024. "The impact of ChatGPT on human skills: A quantitative study on twitter data," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    2. Milena Serzante & Anastasiia Khudozhnyk, 2023. "Reviewing Sustainability Measurement Methods for Enterprises," Sustainability, MDPI, vol. 15(21), pages 1-14, November.
    3. Pablo Aragonés‐Beltrán & Mª. Carmen González‐Cruz & Astrid León‐Camargo & Rosario Viñoles‐Cebolla, 2023. "Assessment of regional development needs according to criteria based on the Sustainable Development Goals in the Meta Region (Colombia)," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 1101-1121, April.
    4. Turgut Karakose & Murat Demirkol & Ramazan Yirci & Hakan Polat & Tuncay Yavuz Ozdemir & Tijen Tülübaş, 2023. "A Conversation with ChatGPT about Digital Leadership and Technology Integration: Comparative Analysis Based on Human–AI Collaboration," Administrative Sciences, MDPI, vol. 13(7), pages 1-19, June.
    5. Pedota, Mattia & Cicala, Francesco & Basti, Alessio, 2024. "A Wild Mind with a Disciplined Eye: Unleashing Human-GenAI Creativity Through Simulated Entity Elicitation," OSF Preprints 3bn95, Center for Open Science.
    6. Rajneesh Chowdhury, 2023. "Methodological Flexibility in Systems Thinking: Musings from the Standpoint of a Systems Consultant," Systemic Practice and Action Research, Springer, vol. 36(1), pages 59-86, February.
    7. Yunqian Hu & Pu Hao, 2024. "Research on the Impact of Scientific and Technological Talent Agglomeration on Green Development," Journal of Information Economics, Anser Press, vol. 2(3), pages 70-89, September.
    8. Ion-Danut LIXANDRU, 2024. "The Use of Artificial Intelligence for Qualitative Data Analysis: ChatGPT," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 28(1), pages 57-67.
    9. Elena Bakhanova & Jaime A. Garcia & William L. Raffe & Alexey Voinov, 2023. "Gamification Framework for Participatory Modeling: A Proposal," Group Decision and Negotiation, Springer, vol. 32(5), pages 1167-1182, October.
    10. Xing, Yunfei & Zhang, Justin Zuopeng & Teng, Guangqing & Zhou, Xiaotang, 2024. "Voices in the digital storm: Unraveling online polarization with ChatGPT," Technology in Society, Elsevier, vol. 77(C).
    11. Moreno-Miranda, Carlos & Dries, Liesbeth, 2022. "Integrating coordination mechanisms in the sustainability assessment of agri-food chains: From a structured literature review to a comprehensive framework," Ecological Economics, Elsevier, vol. 192(C).
    12. Abdelhalim, Esraa & Anazodo, Kemi Salawu & Gali, Nazha & Robson, Karen, 2024. "A framework of diversity, equity, and inclusion safeguards for chatbots," Business Horizons, Elsevier, vol. 67(5), pages 487-498.
    13. Sydelko, Pamela & Midgley, Gerald & Espinosa, Angela, 2021. "Designing interagency responses to wicked problems: Creating a common, cross-agency understanding," European Journal of Operational Research, Elsevier, vol. 294(1), pages 250-263.
    14. Thi-Minh-Ngoc Luu & Phuong Mai Nguyen & Huy Hung Ta, 2024. "Revisiting the Corporate Governance–Firm Performance Nexus in Vietnam: Does Capital Structure Really Matter?," Indian Journal of Corporate Governance, , vol. 17(2), pages 182-201, December.
    15. Chong Lan & Yongsheng Wang & Chengze Wang & Shirong Song & Zheng Gong, 2023. "Application of ChatGPT-Based Digital Human in Animation Creation," Future Internet, MDPI, vol. 15(9), pages 1-18, September.
    16. Brady D. Lund & Ting Wang & Nishith Reddy Mannuru & Bing Nie & Somipam Shimray & Ziang Wang, 2023. "ChatGPT and a new academic reality: Artificial Intelligence‐written research papers and the ethics of the large language models in scholarly publishing," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 74(5), pages 570-581, May.
    17. Ramaul, Laavanya & Ritala, Paavo & Ruokonen, Mika, 2024. "Creational and conversational AI affordances: How the new breed of chatbots is revolutionizing knowledge industries," Business Horizons, Elsevier, vol. 67(5), pages 615-627.
    18. Manu Suvarna & Alain Claude Vaucher & Sharon Mitchell & Teodoro Laino & Javier Pérez-Ramírez, 2023. "Language models and protocol standardization guidelines for accelerating synthesis planning in heterogeneous catalysis," Nature Communications, Nature, vol. 14(1), pages 1-11, December.
    19. Isabela Caroline de Sousa & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Jefferson de Souza Pinto & Lucas Gabriel Zanon & Walter Leal Filho & Rosley Anholon, 2024. "Analysis of the quality of sustainability reports published by Brazilian companies: An analytic hierarchy process‐grey clustering approach," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4298-4314, September.
    20. Foote, J. & Midgley, G. & Ahuriri-Driscoll, A. & Hepi, M. & Earl-Goulet, J., 2021. "Systemic evaluation of community environmental management programmes," European Journal of Operational Research, Elsevier, vol. 288(1), pages 207-224.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:24:p:11244-:d:1549651. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.