DANCEST 805 Lecture Notes - Lecture 5: Non-Governmental Organization, Organizational Culture, Critical Role
Document Summary
Chapter 16 sustainable operations management preparing for the future. Managers often describe sustainability in terms of the triple bottom line (3bl), an approach that seeks to reduce the negative impacts of a firm"s processes and products on the environment and society, while pursuing sustainable business models. It is also called the three ps, because it considers people, planet and profit. Environmental sustainability involves more than simply reducing air or water pollution. Sustainability describes the ability or capacity of the system to maintain or sustain itself by improving its performance in terms of how it manages pollution, people and changes in the business model. Customers are increasingly demanding products that are environmentally sustainable. Implications for operations management: a broader view of waste. Environmental sustainability expands the concept of waste to include environmental impacts as waste generated across a product"s life cycle. Life cycle assessment captures these various forms of waste using a common unit of measure.
