| Meeting our own needs without compromising the ability of future generations to meet their own needs | Sustainability |
| Embedded in most definitions of sustainability we also find concerns for two.. | Social equity and economic development |
| Process of living within the limits of available physical, natural, and social resources | Sustainability |
| An intersection of business and sustainability | Sustainability management |
| Practice of managing a firm's impact on people, planet and profit | Sustainability management |
| Supports a business' long-term viability, because its preventive rather than proactive | Sustainability management |
| It can take many forms including investing in fair-trade products, reducing packaging materials, and ensuring humane working conditions at supplier factories. | Sustainability management |
| An in-depth review to determine whether a company is meeting its organizational objectives in the most efficient way | Strategic audit |
| It assesses various aspects of a business and evaluates and determines the most appropriate direction for the company to move toward in achieving its goals. | Strategic audit |
| It assesses your current business strategy. | Strategic audit |
| It assesses how suitable it is for your business. | Strategic audit |
| It assesses whether your company is in position to execute the strategy. | Strategic audit |
| Tool used to compareyour company's practices with best practices for sustainability | Sustainability audit |
| It draws upon widely-accepted best practices and condenses these into specific initiatives for conserving resources, engaging employees, giving back, and more. | Sustainability audit |
| Poverty, malnutrition | Health and welfare |
| Lack of education | Health and welfare |
| Illness, air and water pollution | Health and welfare |
| Lack of basic supplies | Health and welfare |
| Soil erosion, water shortage | Nutrition |
| Malnutrition | Nutrition |
| Food pollution | Nutrition |
| Distribution and storage problems | Nutrition |
| Child labor | Human rights |
| Wage dumping, work safety | Human rights |
| Discrimination, injustice | Human rights |
| Oppression, lawlessness | Human rights |
| Pillar of sustainability that reduce operating costs and increase efficiency | Economic |
| Pillar of sustainability which reduce the use of resources due to sophisticated environmental technology | Environmental |
| Pillar of sustainability for healthy, motivating working conditions, job security, for treatment of the environment | Social |
| Environmental & Economics | Bearable |
| Economics and social | Visible |
| Environmental and social | Equitable |
| Economics, environmental, and social | Sustainable |
| Ecological integrity is maintained, all of Earth's environmental systems are kept in balance and natural resources within them are consumed by humans | Environmental sustainability |
| Secure sources of livelihood | Economic sustainability |
| Universal human rights and basic necessities are attainable by all people, who have access to enough resources in order to keep their families and communities healthy and secure. | Social sustainability |
| Individuals or nations are assigned a productive area. | Ecological footprint |
| Individual demand in nature is determined. | Ecological footprint |
| Resource generation and emissions are quantified | Ecological footprint |
| Area needed for regeneration is calculated based on individual use | Ecological footprint |
| Bilogically productive area of a country or region | Bio capacity |
| Ratio > 1 denote land use to existing surface | Benchmark of sustainability |
| Identification of all relevant parties/interest groups and their claims | Tools |
| Criteria of time, cost and quality management are indispensable to each project | Application |
| Set of managerial decisions and actions that determines the long-term performance of a corporation | Strategic Mangement |
| This is strategic management element that focuses on both internal and external, SWOT analysis, industry analysis, competitors, organizations' benchmark | Environmental scanning |
| Strategic or long-range planning, vision, mission, goals and objectives | Strategy formulation |
| It refers to what is the organization. | Strategy formulation |
| It refers to what specific action should be done. | Strategy formulation |
| It refers to time to time evaluation. | Evaluation and control |
| It is applicable to each department where there are controllable and uncontrollable risks. | Evaluation and control |
| This phase includes all internal information: receipts, possible expenditures, disbursements. | Basic financial planning |
| This phase is where projects proposed on the basis of every little analysis, with most information coming from within the firm. | Basic financial planning |
| This phase is where internal information, historical data, assumptions, and overlooking of data are done. | Forecast-based planning |
| This phase is time consuming. | Forecast-based planning |
| This phase's time horizon is usually 3-5 years. | Forecast-based planning |
| This phase is where the company seeks to increase its responsiveness to changing markets and competition by thinking strategically. | Externally-oriented planning |
| It is doing an act when problem is present. | Reactive |
| It is anticipating solutions for future situation. | Proactive |
| To sustain operation regarding the efficacy of the organization | Sustainability |
| Benefits of strategic management | Clearer sense of strategic vision for the firm |
| Benefits of strategic management | Sharper focus on what is strategically important |
| Benefits of strategic management | Improved understanding of a rapidly changing environment |
| The use of business practices to reduce a company's impact upon the natural, physical environment | Environmental sustainability |
| Risks about rules, regulations, practices | Regulatory risks |
| Policies in organization, businesses to customers | Supply chain risks |
| Word of mouth, research development (top earning department) | Product Risks |
| Lawsuits | Litigation risks |
| Company's impact on the environment can heavily affect its overall reputation | Reputational risks |
| Direct posed by climate change includes the physical effects of droughts, floods, storms, and rising sea levels | Physical risks |
| Proposes that organizations can & do adapt to changing conditions by imitating other successful organizations | Institution theory |
| Proposing that not only do organizations adapt to a changing environment, but they also have the opportunity and power to reshapre their environment | Strategic choice perspective |
| An organization adjusts defensively to a changing environments and uses knowledge offensively to improve the fit between itself and its environment | Organizational learning theory |
| HOTS | Higher Order Thinking Skills |
| Capacity to think and make decisions fairly | rational |
| for contingency plans | experimenting with new approaches |
| Monitoring, evaluating, disseminating information | Environmental scanning |
| From external and internal environments to key people within the corporation | Environmental scanning |
| To identify strategic factors | Environmental scanning |
| Factors of production | Land, labor, capital, entrepreneurs |
| Development of long-range plans for the effective management of environmental opportunities and threats | Strategy formulation |
| Defining corporate mission | Strategy formulation |
| Specifying achievable objectives | Strategy formulation |
| Developing strategies | Strategy formulation |
| Setting policy guidelines | Strategy formulation |
| Purpose/reason of the organization's existence | Mission |
| What the company is providing the society either a service or a product | Mission |
| claims that corporations should commit to focusing on social and environmental issues as much as they do on income | triple bottom line |
| aims to calculate the extent of commitment of a company to corporate social responsibility and its effect on the environment over time | triple bottom line |
| range of sustainability innovations from new product development to | hybrid distribution chains
public-private partnerships in sustainable municipal transportation
community-based innovation models
citizen cooperatives for alternative energy production and distribution |
| sustainable innovation is imperative for business survival in the sense of environment that is highly (4) | volatile
uncertain
complex
ambiguous |
| disassociate development from the environmental footprint but at the same time increasing the positive social effects | sustainability |
| where each of the partners leverages its experties and its access to networks | collaborative and multistakeholder approach |
| people are encouraged to get what they need from each other directly | collaborative economy |
| suggests that conventional firms are threatened by their former customers' cooperation | collaborative economy |
| key goals: sustainability innovation and entrepreneurship | role of citizens |
| key goals: agents of change | role of companies and entrepreneurs |
| key goals: shaping more sustainable lifestyles and favoring sustainability innovation and entrepreneurship | role of policy |
| 5 areas of inquiry and action for sustainability | understand consumers' values and behavior |
| not a passive recipient of products and services, but rather an active participant in transparrent processes of innovation | citizumer |
