Management Reflective Journal: Business Ethics and Sustainability

This reflective journal entry, completed for a university management course, analyzes a case study and two related readings on business ethics and sustainability. The student reflects on the handling of crises, the role of boards of directors, and the importance of ethical decision-making. The student discusses the 'Impact Multiple of Money' method for investment analysis and the significance of sustainability programs in business operations. The reflection connects the readings to the student's professional experience, focusing on methods for calculating the return on investments while considering societal benefits. References include works from Harvard Business Review and other sources, illustrating the student's understanding of the subject matter.

Running head: MANAGEMENT
Business ethics and sustainability
Name of the student:
Name of the university:
Author note:

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MANAGEMENT
Session X: Reflective Journal (result HD)
Wednesday 11-2 PM (289 words)
Case: Business Ethics and Sustainability
Readings: The Performance Frontier; Calculating the value of impact on the investments
Main readings from the case
The case sheds light on effective handling of the responsibilities for averting the
crisis. According to the arguments of Jana Seijts, the board of director are in search of a
scapegoat, to who would submit themselves to the orders of the authority. This is the time
when the chances of turnover are high, indicating the lack of capabilities of the managers to
control the situation in favour of the personnel (Hbr.org 2019). Even if the situation is in
control, it should not be disclosed, which the case study reflects.
Main insight from the readings
 Reading 1- Impact Multiple of money proves beneficial for achieving effective
solutions regarding the investment returns. According to Chris et al. (2019), the
contribution of The Rise Fund and Bridgespan Group are to be praised for their
methodological approach towards estimating the financial value in terms of social and
environment parameters.
 Ready 2- Sustainable approach is vital for contributing in the advent of innovation.
Most of the companies need to be praised for adopting sustainability programs by
cutting on the carbon emissions, reducing waste for enhancing operational efficiency
(Eccles and Serafeim 2013). Typical reference can be cited of solid waste
management, which has acted as an agent for making value contributions in ensuring
the social wellbeing.

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MANAGEMENT
Relation to my Present or Future
 In order to effectively handle the crisis situation, my company has adopted the
Impact Multiple of money method for estimating the impact of investments.
A question that interests or troubles me
 What methods can be used for calculating the return on investments with due
respect to the benefits of the society?

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MANAGEMENT
References
Hbr.org 2019. After a Crisis, Who Should Take the Fall? Available at:
https://hbr.org/2015/05/case-study-after-a-crisis-who-should-take-the-fall [Accessed on 21st
May 2019]
Chris, Addy, Chorengel, Maya, Collins Mariah and Etzel Michael. 2019. Calculating the
value of ınvesting impact: An evidence-based way to estimate social and environmental
returns An evidence-based way to estimate social and environmental returns. Harvard
business review. p.104-109
Eccles, R.G. and Serafeim, G., 2013. The performance frontier. Harvard business review,
91(5), pp.50-60.