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Sustainable Management Futures - Assignment Example

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In the essay “Sustainable Management Futures” the author analyzes the financial services of the Ford Motor Company. The company is leveraging its strengths in global product development so that it can deliver fuel efficient, safe and fun-to-drive vehicles to the customers…
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Sustainable Management Futures
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"Sustainable Management Futures"

Download file to see previous pages It had been evident that since many years researchers as well as planners have been struggling hard to define the concept of sustainable development. However, the definition has been too general. It can be said that the goals need to be quite specific and this might vary in order to reflect different conditions and national development policies across countries. The nation’s objective for the environmentally sustainable development plays a vital role in this regards (Hoole & Et. Al., 1995). Considering the definition of sustainability, there are three fundamental aspects namely employment and income generation, people participation and empowerment and conservation of environment and natural resources. The priorities set may be different while implementing each of these aspects and tends to express different attitudes towards nature, society and ethical decisions involved (Mansvelt & Mulder, 2002).   It can be evaluated that the challenges of the sustainable development for the policy are quite different in comparison to other policy problems. The differences tend to arise from comprehensive nature of sustainable development and emphasis that is laid upon the welfare of the future generation. Differences may also arise from the emphasis provided to the sustainable development considering it as a process of change where the utilisation of the resources, the trend of the technological development and change as well as the direction of the investment are made consistent....
However, the definition has been too general. It can be said that the goals need to be quite specific and this might vary in order to reflect different conditions and national development policies across countries. The nation’s objective for the environmentally sustainable development plays a vital role in this regards (Hoole & Et. Al., 1995). Considering the definition of sustainability, there are three fundamental aspects namely employment and income generation, people participation and empowerment and conservation of environment and natural resources. The priorities set may be different while implementing each of these aspects and tends to express different attitudes towards nature, society and ethical decisions involved (Mansvelt & Mulder, 2002). It can be evaluated that the challenges of the sustainable development for the policy are quite different in comparison to other policy problems. The differences tend to arise from comprehensive nature of sustainable development and emphasis that is laid upon the welfare of the future generation. Differences may also arise from the emphasis provided to the sustainable development considering it as a process of change where the utilisation of the resources, the trend of the technological development and change as well as the direction of the investment are made consistent with the needs of the future and the present. It can further be revealed that the sustainable development policy needs to be based upon institutions and decision making structures leading to sustainable outcomes. Another important criterion for the sustainable development is that the choice of the policy needs to be guided by economic efficiency. The reason behind this is that if the criterion ...Download file to see next pagesRead More
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