During the week of October 16, 2017- October 20,2017, our main discussion was on the book of Ray C. Anderson Confessions of a Radical Industrialist. The book talks about how Ray A. Anderson, the founder of Interface, Inc., the largest manufacturer of carpet tiles in the world, set the goal in 1994 to make his company environmentally sustainable. By 2008, the Interface, Inc. was able to achieve its goal and cut greenhouse gas emissions by 82%, cut fossil fuel consumption by 60%, cut waste by 66%, cut water use by 75%, invented and patented new machines, materials, and processes, increased sales by 66%, doubled earnings, Raised profit margins. In the book, Anderson elaborates seven paths to sustainability that could lead businesses to more profit.…
L., & Hunger, J. D. (2012). Strategic management and business policy: Toward global sustainability. Upper Saddle River, NJ: Pearson Prentice…
Move to a business model based on solutions 4. Reinvest in natural capital. Natural Capitalism emphasises on the fact that businesses shall “Do well by doing Good”. It is an instinctive framework which guides businesses in their track for the difficult achievement of Sustainability (Senge 1999).…
Sustainability is an important part of the strategy of Caterpillar Inc. They apply innovation a technology in order to improve the sustainability performance of their products, services, solutions and operations. What is more, they believe sustainable progress is made possible by developing better systems that maximize the life cycle benefits, while also minimizing the economic social and environmental costs of ownership, as reflected in their sustainability principles. Caterpillar has 3 sustainability principles: ¬ Develop better systems (Innovation)…
The Stain of Sustainability Sustainability is discussed in “Attention Whole Food Shoppers” by Robert Paarlberg and “Sustainability by Christian R Weisser. Christian R Weisser speaks more about the idea of what sustainability is and how is important for society to be aware of it. Robert Paarlberg explains in his article the way the Earth is more and less sustainable because of everyone 's actions around the world. Both articles touch on the ideas that there are people out there helping change Earth for the better, and want to make earth sustainable for the future. The authors both explain how there are also harmful situations happening that hardly balance out the help from others trying to make a difference.…
When taken into account, these factors, which include the interests of stakeholders, may benefit the firm in different ways (e.g. happier employees leads to higher productivity, obeying government regulations lessens penalties, sustainable business processes leads to less pressure from environmental activists, social awareness entices customer loyalty, etc). In contrast, stakeholder theory focuses on what the first theory ignores. The changes in business environment that Freeman (1984) took note of in the 1980’s are still affecting firms today. People have become increasingly aware of environmental and social issues and their power to close or change a ‘bad’ business. Unlike shareholder theory, the holistic view of stakeholder theory also considers sustainability—an important reminder that natural and human resources are limited.…
Will sound business practice be truly reliable with vision and ecological best practice? This examination into the systems received and the difficulties confronted by Green-Works, a UK non-profit organization, makes three commitments to the research in social and ecological enterprise. Right off the bat it exhibits a solid connection amongst entrepreneurialism and environmentalism. People who considers waste to be an open door instead of an issue, empowers his fruitful quest for a triptych of natural, social and financial objectives. Also, Green-Works' plan of action shows that monetary supportability is feasible for social and natural endeavors.…
Do you know what going green means, it means to use less and to reduce your your waste by reducing,reusing,and recycling. This would help landfills to reduce trash in the area. This could help future generations have less trouble on their hands about garbage in their way of making a new mall or useful resource like that. Sustainability also have great toll on this subject also. Sustainability means to use only what we need and to reduce your financial and community expenses.…
Teacher Experiences with Global Sustainability Teaching young people about environmental sustainability on a global scale has become increasingly important over the past 20 years. However, these ideas are often tangled in complex historical issues: colonialism and its legacy, economic inequality, marginalization and unequal power relations between the global North vs South. This study asks how teachers consider these issues and deal with them in their lessons when teaching about global sustainability to high school students. The author of this paper interviewed six high school teachers from three different towns in Sweden, all of whom had been involved in educational programs relating to sustainable development and had hosted teachers…
Many programs that employ a community based approach fail to achieve the behavioral and health goals that they were developed to achieve (Merzel, & D 'Afflitti (2003). Yet with the ballooning health inequalities seen across our health care system, this result is no longer an option. This points to the need for a new and fresh approach to growing and sustaining programs and linkages. Growing and sustaining community clinical linkages takes time and effort. However, like all partnerships, there will be ebbs and flows in the relationship between both sectors.…
We have a major role when it comes to the sustainability of the environment we live in today. Now, that we all have more knowledge about the world and how it works we all should understand that each of our action have their own consequences. You would think by us knowing how much we are contributing to ruining the world we all love people would change their ways, but we don’t because we all are very selfish. The most direct way that we are impacting the ecosystem is by polluting it. Everyone on this earth has contributed to polluting the ecosystem in one way.…
Southwest Airlines: CSR In this era of globalization, sustainable development, ethical business practices and Corporate Social Responsibility is the need of the hour. Perhaps the best example of a contemporary organization that has used these principles effectively is Southwest Airlines. McGee-Cooper, Trammell, & Looper (2008) describes how Colleen Barrett, a leader at Southwest works passionately with her followers by holding herself accountable to their needs and creating a supportive environment for them. She leads selflessly by encouraging a strong spirit of service, caring for her employees, and creating an engaged and inspired workforce thereby ensuring that all the employees participate towards sustainable business practices.…
2. Theoretical approaches There are various approaches are included in the analysis for Sustainable Management. But in my study I have chosen Corporate Social Responsibility of TESCO along with their…
For decades, the concept of luxury has evolved from a status assumption to a sheer lifestyle offering that goes beyond traditional imagination. Jean-Noël Kapferer, the co-creator of The Luxury Strategy; states that luxury has opened it’s doors to the mass interest and is changing the old belief of a having a selective market to elevate economies and achieve record breaking profits. The breadth and depth of this change has acquainted luxury brands to a global affluent audience. (Doran, S., 2013)…
Sustainability is all about striving and thriving for the future which is the core foundation of any business. Thus sustainability is the ability to achieve success without sacrificing the future needs of a business. As a result the organisations focuses on the fulfilling current customer demands at the same time taking into accord the desires and wants of the future generation in order to achieve sustainability. Organisational sustainability thus revolves around the core principle of keeping the business obtainable. The essence of organisational sustainability is based on the principle of enhancing the social, economic and environmental conditions in which the business operates.…