State of the World Business and Economy: Management Priorities

1
State of the World Business and Economy
Management Priorities

• Melissa Losey, Juan Ortiz,
• Abbey Baker, Oscar Cardenas

2
Information Overview

• Abbey Baker

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Adapting Institution for Life in a Full World

• The view we have now emerged during the
  Industrial Revolution
• Our technology growth has led us to hold a larger
  population, and made a full world
• When laws were formed to handle the new ideas and
  growth, the current problems we have now we not
  even considered
• Why does the current regime not work
• There is no unlimited resource or energy supply
• Unlimited resources and energy does not increase
  well being
• Todays institutions are met to fill a small need
  and not the full world
• How do we go about fixing the situation
• Redefine well-being metrics
• Ensure the well being of populations during the
  transition
• Reduce complexity and increase resilience
• Expand the common sector
• Use the Internet to remove communication barriers
  and improve democracy

4
Sustainable Work Schedules for All

• Its not just about the environment, but the
  people in it, and the time they spend
• Time-stressed households have a large ecological
  footprint
• Is productivity really good?
• More people in the work force, more hours being
  worked, more productivity
• More hours workbigger footprint
• More work, less sleep, more health problems, and
  more money into the environmentally harmful
  medical world
• Busy schedules mean less time for family and
  community participation
• Healthy middle class came from shortening hours
• The economy could sustain it based on past
  history (Great Depression and recent economic
  change)

5
Changing Business Cultures from Within

• Mindset that we still hold was great when we had
  expanse resources
• We need to start change by changing our goals
• The business itself needs to change, not just the
  products
• The process of Change
• Awakening defining the vision
• Cocooning creating the road map
• Metamorphosis aligning the organization
• Emergence ongoing integration
• Engagement influencing others
• Its not about being faster or betterits about
  being different

6
Social EntrepreneursInnovating Toward
Sustainability

• There is strength in non-profit organizations
• Social Entrepreneurship is a leading trend in the
  current business world
• When the people demand change, businesses change.
  We should run the institutions not have the
  institutions run the individuals
• Local Efforts have Global Impacts
• The key to successful social entrepreneurship is
  persistence
• Find a balance between Economic growth and
  Quality of Life

7
Relocalizing Business

• Its not about the big picture but rather the
  local town.
• This idea is not new, just forgotten and has a
  strong source of potential
• Goals in the localization
• Sustainability- new definition community should
  meet its current and future needs without
  compromising that communitys future generations
  needs.
• Prosperity- local businesses spend more money
  locally
• Efficiency- When you care about who you work for,
  what you work on, and where you workefficiency
  increases
• A large part of the problem is the mindset of the
  consumer, they no longer have trust that their
  local market can fulfill their need

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Refuting Concepts

• Melissa Losey

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Concept 1 We could just as easily center the
global economy around sustainability as we now
center it on consumerism.

• Refute The general public will never respond
  well to a global movement that could possibly
  detract from their personal lifestyle.
• I think if globally, the population was to
  understand just why sustainability is important
  to their daily lives, it would be a lot easier to
  move in that direction. However, it is way too
  easy for the majority of the population to take
  the easy way out.

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Concept 2 Our world today is a full world.

• Refute If the world today were truly full, the
  population would cease to expand because there
  would not be enough resources and space to
  accommodate them. Plus, we could not continue to
  develop, as we are.
• Personally I do not know if it is correct to say
  that the world is full. I do know, however,
  that the world is being drained of much of its
  important resources. Also, if we do continue to
  encroach on the small percentage of this earth
  that is undeveloped land, we will certainly be in
  trouble.

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Concept 3 We must create sustainable work
schedules for all.

• Refute If we take work hours away from hard
  working individuals who need and want the hours
  and the pay, and we distribute them among the
  public and people who do not necessarily have the
  same desire to work, businesses will suffer
  negative effects.
• Personally I think that if we are to implement
  sustainable work schedules, it should be by
  choice, not mandated. Those who want to work long
  hours, should be able to.

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Concept 4 Businesses must adapt their entire
visions and business plans to make sustainability
the overall objective.

• Refute Doing so would be very expensive and
  might reduce the amount of profit for a company
  by a huge percentage.
• Personally I believe that changes in this area
  of business should really start small and move
  forward in steps, instead of drastically changing
  at one time, to balance things out.

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Concept 5 companies should make businesses
smaller and local businesses should be developed
to support their area they supply.

• Refute buying locally is expensive and buying
  from big chains is much more convenient.
• Personally if local businesses were bought from
  at a higher rate and utilized by local residents,
  the cost of these goods would go down. Especially
  if local large organizations (schools, hospitals,
  etc) were to utilize the local companies goods
  as well. It would take some time, but would be
  effective for the local economy and would reduce
  the ecological footprint.

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Local and National Examples

• Oscar Cardenas

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Local Business Going Green

• Rons Painting
• Paint World
• Zero Tap- Sanibel
• Carpet One
• Florida Gulf Coast University

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Big Business that Went Green

• 1. Bank of America
• 2. Ceres
• 3. General Electric
• 4. Dupont
• 5. Innovest
• 6. McDonalds
• 7. Home Depot
• 8 . Anheuser-Busch
• 9. Pratt Whitney
• 10. Starbucks
• 11. Wal-Mart
• 12. Tesla Motors

• 13. Coca-Cola
• 14. Enterprise Rent-A-Car
• 16. Dell
• 17. Target
• 18. Brooks
• 19. Honda
• 20. Continental Airlines
• 21. Tesco
• 22. S.C. Johnson
• 23. Goldman Sachs
• 24. Hewlett-Packard
• 25. TJX Companies

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Information for Management Majors

• Juan Ortiz

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The Business Side

• From myself being a business major I now see both
  side, I see how we are taught to do what is most
  profitable and most affordable. These days we do
  so many things to this world and it is really
  hurting it. Business are doing things such as
  expanding and making more and more waste that our
  world cant handle. But the only reason we are
  doing this is because that is what the company
  can afford to do.

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The Environment Side

• Now as we take Colloquium I get to see how we
  should spend a little more here and there to keep
  the world green and healthy. When the world was
  put here it was able to sustain itself. Most
  major business men and women probably do not even
  thing if the world and support the extra trash
  that they or now having to dispose of because
  theyd rather save money when dealing with
  portioning out and caring for the environment.