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Sustainable DevelopmentAn attempt to review the field, and re-define how
organizations can tackle sustainability more effectively
The 2nd International Conference
on Organization and Management (ICOM) 2016
Organized by the College of Business Administration at Abu Dhabi
University in collaboration with Asia Academy of Management
20-21 November 2016 | Park Rotana, Abu Dhabi, UAE.
• Core Functions of Organizations
• The Sustainability Concept
• Social Responsibility from a Global
Perspective
• The need for Sustainability
• Barriers to Sustainability
• 4 Considerations for Organizations
• Conclusion and Recommendations
Agenda
Conventional Business Priorities
Productivity | Efficiency | Effectiveness | Revenue Increase | Expense Reduction | Profit | Share Price | Stakeholders | Company Growth | Leadership Quality | Vision | Mission | Governance | Accountability Transparency | Teamwork |
Learning | Innovation | Talent Management | Technology | Health | Safety | Risk Management |Emerging Market Forces
| Supply and Demand | Raw Materials | Competition | Customers Loyalty | Quality | Regulatory compliance
Conventional Business Priorities
Productivity | Efficiency | Effectiveness | Revenue Increase | Expense Reduction | Profit | Share Price | Stakeholders | Company Growth | Leadership Quality | Vision | Mission | Governance | Accountability Transparency | Teamwork |
Learning | Innovation | Talent Management | Technology | Health | Safety | Risk Management |Emerging Market Forces
| Supply and Demand | Raw Materials | Competition | Customers Loyalty | Quality | Regulatory compliance
The degree to which
organizations successfully
handle and respond to these
priorities determines their fate!
Sustainability in
Organizations
.. the ability of the
organization to produce
efficiently, and grow
economically while
maintaining
commitment to its
society demands of its
social responsibility.
Social
Responsibility
Definition
Is a moral theory that
any entity, whether an
organization or an
individual, has to work
for the benefit of society
as a whole.
World Poverty
925 million people
don’t have enough
to eat.
2.8 billion people
survive on less
than $2 a day.
Examples only:
1. reduced extreme poverty by half
2. drinking water for more than 2 billion people
3. Death rates fell 25%
4. improved living standard for 200 million
5. Reduction of hunger from 23% to 15%
6. Child mortality fell from 87 per thousand to 51
7. Decline in illiteracy among children from
102 million to 57
Results obtained from
UN CSR Programs
Sustainability
Balance performance
in terms of the
equivalent
environmental and
social ‘bottom lines’ in
order to deliver
sustainable economic
value to shareholders
Successfully reduced
waste by two-thirds.
$20 million annual savings
+ prevention of 17,000
tonnes of waste being
sent to landfills.
“For every
dollar we spend,
we are getting
US$1.50-2.00
back.”
Wayne Balta, Vice president,
corporate environmental
affairs and product safety,
IBM
Overflowed with
complacency
Communication
issue within the
company
Failure to adapt to
new technology
Dow Jones World Sustainability Index
-
500.00
1,000.00
1,500.00
2,000.00
2,500.00
7/24/1998 4/19/2001 1/14/2004 10/10/2006 7/6/2009 4/1/2012 12/27/2014 9/22/2017
USD DJSI World Total Return
Need for holistic,
top-downimplementation
knowledge as opposed to
ad hoc attempts at
resolving efficiency
issues.
Institutions should become
learning organizationsthat discover, interpreted and
import and export knowledge.
Management
Teams
Need to come to the
fore.. And deal with
crucial elements of short
and long-term
sustainability matters.
Disrupt Old
Business
Models
Sustainability is
possible if old
ways are
challenged to
generate
innovation
The role of Government
and international
organizations in defining &
agreeing on social
development priorities to
be targeted.
Promoting the concept of
organizational learning
in both government and
private sectors to
complement national
education systems.
Appreciation need to
translate into incentives
and privileges.
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