ADMS 1000 Lecture Notes - Lecture 11: Gro Harlem Brundtland, Triple Bottom Line, Business Ethics

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Natalie Guriel

Document Summary

One definition by former prime minister of norway, gro harlem brundtland: ^(cid:498)development that meets the needs of the present without compromising the ability of future generations to meet their own needs. (cid:499) The definition can be broken down into three parts: Development - to progress the economy and society. A sustainability reporting tool to assess the combined economic, social and environmental performance of an organization. Sustainable practices that do the least harm to our: The business case for sustainability: reducing costs. ^reducing waste: reducing risks, improving public relations. ^improves existing skills, processes, methods, performance standards: transitional change. ^replaces what already exists with something completely new. ^requires the organization to depart from old methods: transformational change. ^transforms the future state from the current state dramatically. ^employees and their mindsets, behaviour, and culture must change to successfully implement this type of change. An organization that facilitates the learning of all its members and consciously transforms itself and its context.