Redesigning Management Education for the Next Decade Is Sustainability Management the future of MBA? Presented by: S.Bharani Ramakrishnan S.Vivek kumar BSMED, Bharathiar University, Coimbatore, Tamilnadu
This economic growth has been accompanied by accelerated depletion of natural resources and rapid deterioration in environment quality.
This has necessitated a new business paradigm which enables rapid economic growth without compromising the capacity of the ecosystem to sustain, nurture and fuel economic development and human well-being.
This calls for a sustainability approach of doing business, wherein business success is measured not only in terms of its financial bottom line, but also in terms of its performance in social and environmental areas.
Why Corporate Sustainability Management is Vital for Businesses?
Business Case for Corporate Sustainability Management
Nurture internal capabilities - Strategic commitment and culture necessary to turn the environmental, social and economic risks into competitive advantage
Engage external constituencies - Systematic knowledge of political, social, economic, technological and ecological drivers for securing reputation and legitimacy
Accelerate innovation and repositioning - Product stewardship into the entire value chain, and skills and competencies for the future
Crystallize the company's growth path and trajectory - A sustainability vision which is a shared road map for meeting the unmet needs of the emerging and new markets
Cutting edge software solution with sustainability management
The sustainability management service providers online are ready to work in partnership with various commercial as well as public sectors to provide an optimised solution for their clients
They combine the latest technology with the existing management resources to deliver effective solutions
They offer higher level of assistance to bring about effective changes for proper management of the resources
Demand for Leaders in Sustainability on the Rise
The curriculum should prepare the managers, executives and entrepreneurs to lead their companies to a more successful and sustainable way of doing business – one that enhances all forms of capital, including natural, human and financial
The managers and executives should learn to both understand and apply sustainable solutions that transform traditional business strategies.