Professional Documents
Culture Documents
1. What, according to the course designers, are the main elements of “The Business
Case for Sustainable Development?” Amplify upon and support your answer.
2. What types of tools have the course developers used to help you to learn about
the roles different stakeholders perform in making decisions pertaining to
environmental, economic and social progress toward more sustainable societal
patterns? (Be sure to play different roles in the several case studies so you can
learn from different perspectives.)
3. What lessons did you learn in the process of working through the course that
helped you to:
a. Gain new insights into how company leaders and their employees may
benefit from the “Business Case for Sustainable Development.”
b. Gain new insights that can help you as you interact with companies and/or
that can help you as a private citizen.
This covers:
Employee rights
Responsible workplace practices
Employee health and safety
Work life balance
Respect for diversity
Employee compensation (pay and benefits).
Employee health and safety. Promoting a healthy and safe workplace. This
includes compliance with occupational health and safety standards and
practices, management of health and safety risks in the workplace, and
employee training.
Work life balance. Promoting balance between work and personal or family
life. Examples of programmes and practices include flexible work options,
dependent care services, time-off policies, or health and wellness programs.
This covers:
Social equity
Basic human needs
Human capital.
Read more about community and society well-being before answering the questions.
Basic human needs. Helping to address basic human needs through the
core activities of the company, by delivering value in healthcare, nutrition,
education, housing, sanitation, clean water, transportation, and
communication in the communities in which the company operates and in
society at large.
This covers:
Business ethics
Basic human rights. Protecting and upholding the basic human rights to
which all people are entitled regardless of race, nationality, gender, economic
status, or religion.
Fair and free competition. Engaging in fair and free competition; not
offering, paying, or accepting bribes or kickbacks, and refraining from using
information on competitors that was obtained illegally or unethically.
Shareholder value creation Topic 4 o
By shareholder value creation we mean integrating sustainable development
thinking into business practices in order to create long-term shareholder value by
securing a competitive return on investment, protecting the company’s assets, and
enhancing the company’s reputation and brand image.
This covers:
Read more about shareholder value creation before answering the questions.
This covers:
Economic development
This covers:
This covers:
Living resources
Energy
Water
Raw materials.
Read more about natural resource protection before answering the questions.
Water. Conserving water and improving water quality through efficient use
and careful planning. Includes improving the water efficiency of facilities,
processes, and products and reducing or eliminating process and wastewater
discharges.
Share knowledge
This is where you see the company performing well, but not paying enough attention
to its success. Circulating knowledge about the positive things that are going on
could motivate others in the company to succeed in a similar way. There are many
ways you could do this: informal conversations, email, notice boards and meetings
are a start; there might also be opportunities to contribute to more formal
knowledge-sharing initiatives.
Importance
Performance area Suggestion
(to you)
KEY TO SUGGESTIONS
Share knowledge. This is where you see the company performing well, but
not paying enough attention to its success. Circulating knowledge about the
positive things that are going on could motivate others in the company to
succeed in a similar way. There are many ways you could do this: informal
conversations, email, notice boards and meetings are a start; there might
also be opportunities to contribute to more formal knowledge-sharing
initiatives.
Keep moving. This is where the company is doing well and knows about it. It
is good news. But could you help the company build on its success and
achieve much more? For example, if 'Employee well-being' appeared in this
category, you probably admire the relationship between management and
employees. But would the company be ready to sign global agreements with
umbrella unions outlining minimum labour standards? Or commit to radical
reductions of greenhouse gas emissions? Based on the company's success
there could be value in disclosing more information to the public, or inviting
external verification of performance. Where do you think the opportunities lie?
Time for change? This is where you feel your company could do better, yet
it doesn't seem to recognise its problems. Changing the situation may be
difficult, but that is your challenge. It's not unusual for employees to have
different priorities from their company: a perfect fit would be extremely rare.
The urge to close the gap can release a lot of positive energy - energy which
the company needs to help it grow in the right direction. Discuss the situation
with colleagues to find out whether other people share your view. The joint
thinking can be extremely productive in its own right, and may lead to action
in the right areas.
Seek solution. This is where you believe the company is keen to improve its
performance, but is not delivering in practice. Others may disagree with your
assessment, or perhaps you have seen something they haven't? There are a
number of things you can do. Keeping quiet about the problems is one option,
but contacting whoever is responsible, explaining your concerns, and offering
your support, is more likely to help the company. When the company is
actively looking for new ideas, for example to support pilot projects or other
company initiatives, your insights and effort could really count.
Taking stock
From time to time everyone runs into obstacles at work. No matter how good you
are at handling situations, your ability to gather resources, allocate time and
convince colleagues will be tested on a regular basis. Sustainable development is no
exception.
Setting priorities is the easy part - in practice, someone or something must make
them happen. Defining realistic, measurable goals that keep the company moving in
the right direction is a good start. Bringing people along with you is also critical.
The trick is to think positively, make the most of the opportunities which arise and be
willing to challenge the status quo in a constructive way.
Sources of influence
Understand who you are talking with. Spend time listening to what they
do in the company, what kinds of pressure they are under, and who they
need to convince.
Build trust. Highlight your own concerns about the issues too, to help build
credibility and trust. Demonstrate your knowledge of the subject, and never
take someone for a fool.
Source:
As you consider what to do after Chronos, you may not have anything very dramatic
in mind. That’s ok: a modest start makes a lot of sense.
One possibility is backcasting. This involves setting out a vision and working
backwards to see what needs to be done now to achieve it. The technique is
particularly helpful when planning changes which require a fundamental rethink of
the way things are done at present.
Although backcasting is a useful tool for personal planning, even greater value can
be obtained by using it among groups - shared vision has long been associated
with shared commitment and action.
This is the creative stage. Among colleagues, or simply by yourself, move forward in
time and imagine the company has fully solved its sustainability problem, or fully
benefited from an opportunity. Be as creative as you can - go beyond your normal
constraints. Notice how the present situation differs from your vision. Small details
are just as important as bigger differences. Don't worry too much about how you will
get there - ideas are more important at this stage.
Proving that sustainable development works in practice is the surest way to gain
support. Results really count. But start modestly - a small step in the right direction
is better than an expensive flop. Each win makes it more likely that your vision will
be valued by others, so pick your targets carefully, work collaboratively, and keep
the vision alive. Lead by example, keep focused, and keep going!
Making a difference
Chronos has given you the opportunity to think about how you can make a difference
to your company. You might call this your leadership challenge.
Leaving the programme with a commitment to do one or two small things is fine. Or
you may be inspired to go further - to make sustainable development a focus for
future action.