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Flashcards in 1011 Systems Perspective Deck (20)
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1

Brundtland and Pyllick definition of sustainability

Development needs of present without compromising future

2

4 Normative Principles of Equity

1. Inter-generational Equity
2. Intra-generational Equity
3. Environment
4. Participation

3

2 Sustainability consensus approach

1. Metafix (Dialectical)
2. Fuzziness

4

Shades of green perspective Continuum

Techno-centrism
Eco-centrism

5

2 Sustainability of capital depends on

Substitutionality
Irreversibility

6

3 Types of capital

1. Environmental
2. Social
3. Economical

7

3 Conditions needed for sustainability

1. Integrate 3 type of capital
2. Integrate short and long term aspects (issue discount rates)
3. Consume income not capital

8

Sustainability is a dynamic concepts

No fixed state, needs changing


- Needs of current generation changing
- future needs changing
- needs of ecology changing

9

Destructive Locusts

Business operating in self-interest

10

4 A vast opportunity exists for the private sector to
provide sustainability solutions through

1. Sustainability Strategies
2. Sustainability Oriented Innovation
3. Sustainable Business Models
4. Social Entrepreneurship

11

3 Intertwined concept combines

1. Environment
2. Profit
3. Community

12

8 UN millennium goals

1. Poverty/Hunger
2. Primary education
3. Gender Equality
4. Child Mortality
5. Maternal health
6. Sustainable environment
7. Global partnership

13

Sustainability paradox

Corporate practices, Management studies ^

Earth system resilience (down)

14

3 Disconnected targets, ->

1. Baseline year
2. Other companies
3. short-term goals
-> Future-fit gap

15

3 Embedded view

1. Economy
2. Society
3. Biosphere

16

3 Systems concept (Embedded view) you need to understand

1. Carrying capacity
2. Interconnections
3. Feedback

17

3 Boundaries past safe thresholds

1. Climate Change
2. Biodiversity loss
3. Nitrogen cycle

18

3 scales - Whiteman, Walker, Perego

1. Planetary Scale
2. Continental Scale/Regional scale
3. Local scale

19

4 Failures of management studies because

1. Diverse and highly debated
2. failed to inform managing practices
3. doesn't resonate management practice
4. Over-focus on business case

20

A few ideas for use from Whiteman Walker and Perego on sustainability

(takeaways)

1. Overcome feeling that sustainability is too complex
2. Use to assess impact and focus action
3. Construct CSR target
4. Platform for cross-section collab