1011 Systems Perspective Flashcards
(20 cards)
Brundtland and Pyllick definition of sustainability
Development needs of present without compromising future
4 Normative Principles of Equity
- Inter-generational Equity
- Intra-generational Equity
- Environment
- Participation
2 Sustainability consensus approach
- Metafix (Dialectical)
2. Fuzziness
Shades of green perspective Continuum
Techno-centrism
Eco-centrism
2 Sustainability of capital depends on
Substitutionality
Irreversibility
3 Types of capital
- Environmental
- Social
- Economical
3 Conditions needed for sustainability
- Integrate 3 type of capital
- Integrate short and long term aspects (issue discount rates)
- Consume income not capital
Sustainability is a dynamic concepts
No fixed state, needs changing
- Needs of current generation changing
- future needs changing
- needs of ecology changing
Destructive Locusts
Business operating in self-interest
4 A vast opportunity exists for the private sector to
provide sustainability solutions through
- Sustainability Strategies
- Sustainability Oriented Innovation
- Sustainable Business Models
- Social Entrepreneurship
3 Intertwined concept combines
- Environment
- Profit
- Community
8 UN millennium goals
- Poverty/Hunger
- Primary education
- Gender Equality
- Child Mortality
- Maternal health
- Sustainable environment
- Global partnership
Sustainability paradox
Corporate practices, Management studies ^
Earth system resilience (down)
3 Disconnected targets, ->
- Baseline year
- Other companies
- short-term goals
- > Future-fit gap
3 Embedded view
- Economy
- Society
- Biosphere
3 Systems concept (Embedded view) you need to understand
- Carrying capacity
- Interconnections
- Feedback
3 Boundaries past safe thresholds
- Climate Change
- Biodiversity loss
- Nitrogen cycle
3 scales - Whiteman, Walker, Perego
- Planetary Scale
- Continental Scale/Regional scale
- Local scale
4 Failures of management studies because
- Diverse and highly debated
- failed to inform managing practices
- doesn’t resonate management practice
- Over-focus on business case
A few ideas for use from Whiteman Walker and Perego on sustainability
(takeaways)
- Overcome feeling that sustainability is too complex
- Use to assess impact and focus action
- Construct CSR target
- Platform for cross-section collab