Sustainability

Sustainability
Sustainability is a business practice that enables business organizations to maintain a positive change in balance for the growth and development of the organization. The interactive session four about sustainability has enhanced my knowledge of business management. I attended the live recording of the interactive session and also listened to the recorded session to refresh the concepts of sustainability in my mind. The interactive session, therefore, ended me to appreciate several interesting concepts about sustainability in the business environment. This paper analyzes some of the most interesting ideas regarding sustainability and how the approach can be incorporated in real life business environment.
The interactive session on sustainability was an extraordinary session that enabled students to understand the concepts of diversity and the application in a business environment. The most exciting thing I discovered during the course was the fact that every individual in society has their own opinions about the term sustainability. The two primary elements of sustainability that affects the production process of business organizations include economic sustainability and environmental sustainability. A business organization can achieve to establish economic sustainability in their companies by reducing their cost of operation. Reducing operation cost results in increased profitability for the business organization.
Business operations are also affected by various environmental factors that affect the production process. Success can be achieved by reducing the risks of the business environment in the organization. There are internal and external environmental factors that affect the operations of the business. However, the company can also achieve environmental sustainability by developing eco-friendly production process to reduce the rate of environmental degradation for a sustainable and long term survival of the organization.

1. What was the most interesting thing from the sustainability discussion? (a few sentences is fine)
2. Additional Comments/Feedback from the sustainability module (A few sentences is fine)
3. What is something that you learned that you can apply regarding sustainability?
    For these questions the answers based on the link i provided.
   https://us-lti.bbcollab.com/recording/50553493138b406f93904e7a58a29185

Module 4: Interactive Session Writeup:

1. Did you attend the live session or watch the recording? Y / N
   Watch the Recording
2. Which one did you attend?
   I attend the first and second.
   Live Session / Recording
   Live session
3. What was the most interesting thing from the sustainability discussion? (a few sentences is fine)
4. Additional Comments/Feedback from the sustainability module (A few sentences is fine)
5. What is something that you learned that you can apply regarding sustainability?
    
   Individual Case Study Write-up
   Below is a brief outline of one possible way you could approach this assignment. I’ve left it very generic. Feel free to adapt the outline, but include the important pieces (bolded). Remember, this is an outline, not a full write-up (use bullet points not paragraphs).
   Intro: What decision needed to be made in this case? (A few bullet points to introduce the overall case)
   -The Decision was X.

• This was primarily motivated by external environmental pressures
  o Pressure 1
  o Pressure 2
  o Pressure 3
• This was also due to a few other reasons
  o Reason 1
  o Reason 2
  -Some other decisions that were less important included, ABC
  Decision-Making: What were the most important decision criteria that you identified? (Note 3-5 issues and a bullet point or two describing the issue in the case)
• The most important issues were Alpha, Beta, Gamma
• Alpha is a big deal
  o R1
  o R2
• So is Beta
  o R1
  o R2
• So is Gamma
• R1
• R2
  Options: What are 2-3 options that are reasonable in this case? – A few bullet points arguing for pros/cons of these each
  Two options were considered
• Option 1
  o Pros include
   A, b, c
  o Cons include
   A, b, c
• Option 2
  o Pros include
   A, b, c
  o Cons include
   A, b, c
  Decision: What suggestion do you think? A few bullet points to justify why this is the right choice.
  The best decision is Option 1
• Using a weighted average it scores better when considering the main issues
  o See, here is a pretty table
• We also used this other relevant decision making tool.
  o See, here is a pretty graph/2x2/map/etc.
• Overall, Alpha is the right decision because of ABC
  Implementation: How should this be implemented?
• Short term
  o Do thing 1
• Medium term
  o Do things 2 and 3
• Long term
  o Do things 4 and 5
• Some other implementation things, or smaller decisions that could make the company better off:
  o Side Note 1
  o Side Note 2
• How to know evaluate whether we made the right decision
  o At time X, check for Y
  Conclusion
• We considered these things
• made this decision based on these criteria
• This is what we think it will accomplish.
   
   
  Practical Application: Sustainability

1. Use the People/Planets/Profits model to identify what is within your sphere of influence in each of those different areas and how can you work towards improving your own performance in those areas. Present a model which breaks down things in your control regarding each of those three areas.
2. Choose one specific thing in each of those three areas that you can do to improve. What is that thing for each option?
3. Develop a more developed implementation strategy for one of those three things. What are some immediate steps you can take? What are more long-term actions that you could take?