Essay on The Business Philosophy And Management
Fashion is used as a medium for people to express themselves and communicate who they are, however, as a whole, the industry is based on materialism and design obsolescence that undermines the notion of sustainability. Sustainability can be defined as being able to meet the needs of the present without compromising the future economically, socially and environmentally (TFIA, 2014). Designers have a responsibility to work within these guidelines, though most do not. Businesses can control the impact they have on the environment, society and economy by changing their business philosophy, modifying their production processes and products, and by utilising their influence to educate consumers.
Business Philosophy and Management
Companies have a social, economic and environmental responsibility to partake in sustainable practices. As a business, the first step towards fulfilling this responsibility is to change the company’s vision and philosophy. To strive towards intergenerational equity, where the needs of today are met without compromising those of the future.
Companies are adding sustainable practices to their philosophy to meet rising demand and awareness of issues like global warming and sweatshops. Some examples of these companies include, Gorman, Stella McCartney and Nike. The Gorman philosophy as stated on their website, is to “offer customers a sustainable choice without compromising good design and quality” (Gorman, 2015). Essentially, this is the goal of…