logo

Sustainable operations and destinations Report 2022

   

Added on  2022-10-09

13 Pages2970 Words19 Views
Running Head: MANAGEMENT 0
SUSTAINABLE OPERATIONS
AND DESTINATIONS

MANAGEMENT 1
Table of Contents
Introduction................................................................................................................................2
Sustainable Development...........................................................................................................2
Three pillars of sustainable development...................................................................................2
Triple bottom line.......................................................................................................................4
The butler sequence....................................................................................................................5
Building resilience.....................................................................................................................6
Sustainable tourism....................................................................................................................7
Archie Carroll’s pyramid of corporate social responsibility......................................................7
Social Enterprise........................................................................................................................8
Overall View..............................................................................................................................9
Conclusion................................................................................................................................10
References................................................................................................................................11

MANAGEMENT 2
Introduction
The significance of sustainability, corporate social responsibility and global
challenges has been felt by businesses in recent times. In addition, with global economy
becoming stronger with more challenges, there is greater importance for the organisation to
undertake more sustainable operations by being a social enterprise. The report will emphasise
on the significance of sustainable business practices in contemporary times with associated to
market competitiveness and trends. It will also be based on many sustainable themes, theories
and concepts. In last, a conclusion will be drawn based on the information in the study.
Sustainable Development
Sustainability is defined as way of doing a business which benefits an organisation to
develop its ecosystem with enhancing the lives of people and not impact on ecological
balance of the community. Hence, sustainable development can be defined as the
development that fulfils the necessities of the current generation without overlooking the
ability of future generations to fulfil their own needs. Sustainable development requires
collaboration and influence cross-political boundaries considering individual and local
actions. In addition, it is also known as the pathway to sustainability (Frisk & Larson, 2011).
Sustainable development cannot be thrust upon by an external agent – whether it is the
United Nation, World Bank or the government forestry department and therefore, it can never
be absolute.
Three pillars of sustainable development

MANAGEMENT 3
Source: (Purvis, Mao & Robbinson, 2019)
The sustainable development issue can broadly be defined with three pillars of
sustainability: Economic, Social and Environmental pillars. The system as a whole will be
unsustainable and if any of the pillars is weak. From customer to consumption, the economic
pillar signifies the large population that is becoming very strong on having a great-
consumption routine. However, with effective use of resources and fair distribution,
economic pillar can be more viable (Hess, 2008). To be sustainable, an organisation must be
profitable and this pillar offers a counterbalance to severe practices that businesses are at
times pressed to embrace like leaving chemical fertilizers or fossil fuels rapidly rather than
phasing in changes. Some example of economic pillar can be a living wage indicator, the end
of tax havens, tax avoidance and reaching a minimum global corporate tax rate (Hess, 2008).
The next pillar of sustainable development is all about global citizen and thus
represents social aspects such as poverty, social injustice and inequality and many more. It is
important for sustainable organisation to have provision and approval of its workers,
stakeholders and the society it functions in. In this competitive business environment, it is
important for the organisations to emphasis on engagement and retention strategies so that to
benefit the community indirectly by reducing unemployment. For example, Hyatt Hotels &
Groups train its employee for the long term and completely, more than 14,000 of Hyatt nearly
75, 000 US workers have worked at the group for more than 10 years (geteverwise.com,
2018).
The third pillar of sustainable development often gets the most attention from the
government and community where business is undertaking various strategies to decrease its
water usage, carbon footprints, packaging waste and overall influence on the environment.
The environment pillar also helps an organisation to gain competitive edge of its competitors
and one of the best examples can be taken of the company Walmart which keyed on packing
through its zero-waste practices, leading to less packaging in the supply chain and also most
of the packing sourced from reused and recycled materials (Bembar, 2019).
Hence to the organisation, sustainability signifies an opportunity to form varied
efforts to identify why of their corporate practices that could have severe, if steady, influence
on their processes.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Sustainable Operations and Destinations
|8
|1096
|103

Sustainability Challenges and Management Strategies in Tourism Industry
|7
|1409
|477

Sustainable Business and Leadership Assignment 2022
|6
|2054
|18

Sustainable Operations and Destination Assessment 2022
|20
|3546
|14

Responsible Business for People and Planet
|14
|4327
|87

Sustainable Hospitality Management Assignment
|13
|3944
|118