Write a 8 pages paper on organisation theory and behaviour. Recently government, organization and even general public have started showing considerable concern about the inadvertent social, economic, and environmental penalty of quick economic growth, population growth and rapid utilization of the natural resources, as a result of which the concept of sustainability has emerged. Sustainability is important to ensure that water, minerals, other materials, and resources are available and will be available in the future. Sustainability puts individual actions into a broader context, that is, a global perspective. It means that individuals are responsible for the environment.
Everything that a human needing for his/her survival, health and safety is dependent, either directly or indirectly, on the natural environment. The concept of sustainability is based on this simple principle. Sustainability helps in creating and maintaining the environment under which nature and human can subsist in productive accord that allows satisfying the social and economic needs of present and future generations.
As there has been growing interest in the concept of sustainability in recent years, the focus of organizations has also shifted towards this concept. There are three assumptions as to why managers would show interest in sustainability. The first being, that most businesses have an interest in creating value in the long-standing. Managers are very much concerned about the repute of the organization. People being more aware of how an organization might harm the environment and nature has resulted in managers being responsible socially and economically.
Second of these is that if the conduct of an organization is destructive and is harmful to the social and natural environment, it will ultimately pressurize the managers in the shape of direct or indirect costs. Formal penalties might be imposed by the government or damaged relationship with important stakeholders such as. shareholders, employees, and customers as consequences of careless and irresponsible social behavior may result in loss of value.
Thirdly, new mercantile opportunities for business can be created by pursuing sustainable growth. This would help in developing and marketing new services and goods that would undoubtedly increase profits and assist in achieving the objective of sustainability. As more emphasis is placed on sustainability the leaders of businesses, inclusive of multinational organizations as well as the singularly owned companies, face the unprecedented and unique challenge of planning organization culture that caters to achieve sustainability. The organization’s design and culture should be such that, that it serves to a broad range of stakeholders and ensures that business is sustainable within their physical, market, social, and financial realms. The corporate board of directors must be able to provide strategic directions and an oversight that stretches further than short-term financial performance and recognize the social, environmental and governance responsibility of the organization and are essential to its performance in the long-term sustainability. This requires organizations to be tactically positioned within the distinctive intersection of corporate citizenship, environmental stewardship, financial strength, and product/service excellence.
