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In this paper we intend to discuss a few current approaches to the sustainability development, in particular in the enterprise (or institutional) context; to investigate briefly a method of measuring and monitoring organisational sustainability; and to give an example of a sustainability monitoring system for a specific enterprise, namely for Qantas Airlines.
Initially the term “sustainability” came from agriculture and ecology sciences, where it is understood as the “sustainability of natural ecosystems” and is defined as “the dynamic equilibrium between natural inputs and outputs, modified by external events such as climatic change and natural disasters” (Fresco & Kroonenberg, 1992, cited in Bell & Morse, 2008, p.10). Today the definition of sustainability is generally applied to various socio-economical systems and includes “the capacity of a system to maintain output at a level approximately equal to or greater than its historical average, with the approximation determined by the historical level of variability” (Pearce & Turner, 1990, cited in Bell & Morse, 2008, p.10).
As for the sustainable development, it is a “development that meets the needs of current generations without compromising the ability of future generations to meet their needs and aspirations” (Brundtland, 1987, cited in Bell & Morse, 2008, p.10). This definition has promoted a developing the Triple Bottom Line concept, which is based on the understanding of sustainability as a “dynamic balance among three mutually interdependent elements:
The Triple Bottom Line concept (see Fig.1) was coined by the sustainable business consultant John Elkington (2004) for the framework used to measure success of organisations, regions or societies taking into account three dimensions of performance: financial, social and ecological. The framework is also widely known as “TBL” or “Three Pillars” (People, Planet, and
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Further, the discussion investigates why some companies may succeed in the implementation of the ERP system, while others fail in the same. ERP is an information management system that is applied by businesses to facilitate the flow of business information, both internally and externally, through sharing the same information with the external stakeholders.
121). However, the implementation of an ERP system can increase the number of shadow systems – instead of reducing them – due to the threat of shadow systems. Shadow systems threaten the success of the ERP system’s success; the failure of the system mainly results from the lack of integration, which increases the effects and the presence of the systems.
The reasons are pretty clear, global sustainability is not possible due to the following factors (1) continued population growth or population burst, (2) degree of the present technology, (3) overall structure of the industrial production, (4) present market trends encourage market driven incentives that result in more consumption than investments and (5) more importantly keeping the social values and attitudes in tact.
n more than its equivalent progressive financial growth in environmental degradation in terms of air pollution or carbon (CO2) emissions, noise pollution, fuel among others [see Figure:4]. Nevertheless the industry through its umbrella body Sustenance Aviation (SA) has made
me up with strategic move in order to obtain its corporate goals, and an integral component of it is to earn significant amount of profit from sustainability issue. Monsanto’s life science strategy of food, health and hope is therefore a primary step to create a business out
An enterprise is made of many custom built applications, which operates on different operating platforms. It is not rare to find an enterprise with numerous websites and uncountable number of solutions for the respective departments. We might be wondering a lot why the owners of these enterprises allow the businesses to fail.
Corporate culture widely focuses on ethics. Professional ethics are defined as the professionally adopted standards of business and personal behaviour, guiding principles and values. The organization set
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