State of the WorldState of the World Business and Economy: Management PrioritiesBusiness and Economy: Management Priorities

Melissa Losey, Juan Ortiz, Melissa Losey, Juan Ortiz, Abbey Baker, & Oscar CardenasAbbey Baker, & Oscar Cardenas

Information OverviewInformation OverviewAbbey BakerAbbey Baker

Adapting Institution for Adapting Institution for Life in a Full WorldLife 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 Today’s 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

Sustainable Work Sustainable Work Schedules for AllSchedules 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 work=bigger 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)

Changing Business Changing Business Cultures from WithinCultures 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 better…its about being different

Social Entrepreneurs:Social Entrepreneurs:Innovating Toward SustainabilityInnovating 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

Relocalizing BusinessRelocalizing 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 community’s 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 work…efficiency 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

Refuting ConceptsRefuting ConceptsMelissa LoseyMelissa Losey

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

Concept #2: Our world today is a full world.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.

Concept #3: We must create sustainable Concept #3: We must create sustainable

work schedules for all.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.

Concept #4: Businesses must adapt their entire visions and Concept #4: Businesses must adapt their entire visions and

business plans to make sustainability the overall objective.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.

Concept #5: companies should make businesses smaller and local Concept #5: companies should make businesses smaller and local

businesses should be developed to support their area they supply.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.

Local and National ExamplesLocal and National Examples

OscarOscar CardenasCardenas

Local Business Going “Green”Local Business Going “Green”

Ron’s Painting

Paint World

Zero Tap- Sanibel

Carpet One

Florida Gulf Coast University

Big Business that “Went Green”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

Information for Information for Management MajorsManagement Majors

Juan OrtizJuan Ortiz

The Business SideThe 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 can’t handle. But the only reason we are doing this is because that is what the company can afford to do.

The Environment SideThe 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 they’d rather save money when dealing with portioning out and caring for the environment.