Term
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Definition
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Term
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Definition
profit, planet, people
(economic, environmental, social |
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Term
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Definition
| the responsible management of resources |
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Term
| kennametal triple bottom line case |
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Definition
people- increase morale, productivity and safety
planet- less waste
profit- tax benefits, decrease cost, increase profit |
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Term
| sustainable development definition |
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Definition
| development that meets the needs of the present without compromising the ability of future generations to meet their needs |
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Term
| 3 big issues that drive sustainability |
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Definition
population growth
resource usage rate
climate change
+ 3 lenses (scientific, political, financial)
5 worlds- How many earths would it take if we all used as many resources as developed world |
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Term
| tragedy of the commons- ron's cows |
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Definition
| everyone operating individually in their own interest, |
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Term
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Definition
Intergovernmental Panel on Climate Change
provides the world with a clear scientific view on the current state of knowledge in climate change and its potential environmental and socio-economic impacts |
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Definition
| leadership in energy environmental design |
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Definition
| personal, social, emotional |
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Term
| corporate diversity triad |
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Definition
| national, organizational, global |
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Term
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Definition
| creating an environment where we recruit, develop, and leverage the best talent to achieve business goals profitably (opens doors) |
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Term
| EEOC stands for what and what does it do? |
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Definition
Equal Employment Opportunity Commission
battles disparate treatment- discriminating overtly based on a certain characteristic
disparate impact- discriminating against an overall group |
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Term
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Definition
taking positive steps to hire and promote people from groups previously discriminated against
Can not discriminate in the following areas:
Employment
Education
Government Contracting |
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Definition
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Term
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Definition
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Term
| 5 stakeholders in business |
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Definition
| community, government, employees, owners, consumers |
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Term
| General opinion of government involvement in business |
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Definition
| half population thinks gov should do more, other half think they should do less |
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Term
| Non-regulatory influence- Solyndra |
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Definition
gov’t wants to invest in alt. energy forms… some people like some don’t… gov’t allowed to “take bets”
Solyndra makes solar panels backed by Obama administration, company went bankrupt, federal government was stuck with the bill
Sited competition from china for its downfall
Government created pool of money to deal with alternative energy issues
Take 535 million in form of government loan guarantees, begins to work on creating alternative energy facility
Went bankrupt, FBI confiscating files, wondering what happened |
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Term
| should we privatize the USPS? |
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Definition
Cutbacks
Limiting mail to remote addresses, not contractually allowed to do so
Provides a vital national delivery system
Demand for paper mail has declined, losses, financial crisis, many cutbacks, layoffs, closing of postal offices
Any rescue of the postal service would require new legislation
Not a government agency- has to finance itself- but under heavy congressional regulation
Should we privatize the post office? Would require a lot of consolidation |
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Term
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Definition
| The Act of Governing, according to rule, or bringing under the control of law or constituted authority. |
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Term
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Definition
1. Control Natural Monopolies
Natural Monopoly- Microsoft and Google are accused of being natural monopolies, want to make sure no trust like groups
2. Achieve Social Goals
Government will have a social goal (ex: obesity)
3. Control Negative Externalities
Law of unintended consequences, regulate things negative to external to business |
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Term
| Differences between social and economic regulation |
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Definition
social- consumer safety and health, homeland security (#1), transportation, workplace, environmental, energy
economic- financial and banking, industry specific, general business |
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Term
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Definition
1. Direct Expenditures
Lowest cost = administration of regulation (direct expenditure)
2. Compliance costs- What does it cost the businesses to comply with the regulation
3. Altered Behavior- If people alter their behavior in a way that costs them money |
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Term
| 3 Ways business influences gov. |
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Definition
1. lobbying- first amendment, Prohibits the making of any law respecting an establishment of religion, impeding the free exercise of religion, abridging the freedom of speech, infringing on the freedom of the press, interfering with the right to peaceably assemble or prohibiting the petitioning for a governmental redress of grievances.
2. coalitions- pact or treaty
3. political action |
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Term
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Definition
1. umbrella- big things, ex: chamber of commerce- to strengthen the US economy
2. trade- trade association
3. company- ex: IBM, penn state |
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Term
| What is the #1 driver for business sustainability? |
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Definition
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Term
| Global Reporting Initiative's vision + mission statements |
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Definition
VISION
A sustainable global economy where organizations manage their economic, environmental, social and governance performance and impacts responsibly, and report transparently.
MISSION
To make sustainability reporting standard practice by providing guidance and support to organizations. |
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Term
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Definition
Efficient Use of Resources
Urbanization
Demographic Change
Climate Change
Globalization |
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Term
| What is SAS doing to drive sustainability? |
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Definition
solar farm for renewable power
using sheep to maintain grass
regenerative drive elevators
low flow plumbing
reduced irrigation schedules
reuse veggies for compost
using recycled content for new buildings |
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Term
| Adam Werbach + Saatchi & Saatchi |
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Definition
social, cultural, environmental, and economic
transparency, engagement, and networking
CEO's responsibility to promote sustainability |
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Term
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Definition
| green thinking- do more with less |
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Term
| what percentage of corporations have clearly defined their approach to sustainability? |
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Definition
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Term
| Walmart's 3 main sustainability goals |
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Definition
1. 100% renewable energy
2. zero waste
3. sell products that sustain people and the environment |
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Term
| 5 elements of Walmart 360 |
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Definition
OPERATIONS
SUPPLIERS
CUSTOMERS
ASSOCIATES
COMMUNITIES |
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Term
| 4 aspects Walmart considers when picking their suppliers |
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Definition
1. energy and climate
2. material efficiency
3. natural resources
4. people and community |
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Term
| PWC and McKinsey sustainable service offerings |
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Definition
Strategic sustainability
Assurance & reporting
Governance, risk & compliance
Supply chain & operations
Policy & economics
Tax & the regulatory environment |
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Term
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Definition
More girls are graduating from college
only 20% girls in engineering, math & sciences
Need to get more girls in these majors or more boys in college
Boys are not hard-wired to learn verbal skills at young age- will not catch up |
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Term
| Traditional vs. Contemporary diversity |
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Definition
Traditional is focused on race and gender
Solving discrimination
Providing inclusive atmosphere
Contemporary is more inclusion
Opportunity for all
Looking way beyond demographic characteristics |
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Term
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Definition
Refuses to give up seat on bus in 1955
Civil rights movement is born |
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Term
| Federal Laws Prohibiting Job Discrimination |
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Definition
Title VII of the Civil Rights Act
Equal Pay Act
Age Discrimination In Employment Act
Title I Americans with Disabilities Act
Section 510 Rehabilitation Act
Civil Rights Act |
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Term
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Definition
| Your attitude can not be changed, but as a manager you can insist a change in behavior |
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Term
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Definition
| Holistic approach creating a corporate Environment allowing all people to Reach their full potential |
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Term
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Definition
| Proactively working to insure all employee’s cultures are valued so everyone can contribute to their full potential (keeps doors open). |
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Term
| business components to diversity (6) |
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Definition
1. employees (find/keep talent, understand customer better)
2. customers (demand, want to buy from a company that demonstrates they understand diversity)
3. financial performance (If you have diversity embedded and a global perspective you will do better financially)
4. suppliers (sourcing, gov. regulation)
5. reputation and liability (public image, morale)
6. senior leadership (vision, resources, accountability) |
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Term
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Definition
Three main goals: winning in the workplace, market place and community
Women- increased leadership, groups to help women succeed, provide opportunities, inclusive experience |
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Term
| Dan Guide speaker main issue |
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Definition
| how can you do something that makes money while being env. Sustainable) |
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