LSweek 9 m 9 Essay Example | Topics and Well Written Essays - 1000 words

LSweek 9 m 9 - Essay ExampleIt should also be observe that all aspects of development, whether social or economic, need to be measured in terms of sustainability. These efforts, however, if met by companies and or corporate bodies should be rewarded. However, historical experiences show that such rewards have rarely occurred. If this has to be done, measurement and strategical management is an inevitable requirement. Major changes in political will and economic policy need to be put in place to control use of resources in a manner that does not comply with the principles of sustainability. Such measures can include legislations, positive rewards to complying companies just to mention a few. In a seek conducted in Japan by Michael Angelo and Cortez, in 2011 at the Asia Pacific University to establish how challenges related to social and environmental performance affect financial performance, any environmental initiation geared towards sustainability impacted positively on market performance. In addition, an increase in the short-term liabilities was attributed to the investment placed on environmental innovation in terms of cost of maintenance corporate social responsibility cost. Similarly, while markets concern almost environmental conservation takes precedence in economic measures, social expenses is not their major concern as they presumably take this as a government responsibility. It is important that as we work towards economic stability, leadership should be able to Measure Companys performance in more systematic bearings. These way organizations will play an important role towards a competitive and suitable society. Based on the above-mentioned fact, most leaders today have adopted the strategy through reduction of the companys socio-environmental impacts in the world as well as drawing limits to risks posed on the environment such as global warming. This is done through enhanced ecological management practices, sustainable use of the addressa ble resources and care for the natural resources. An emerging trend is where executives and top management officials are beginning to exhibit innocent operations with regards to finances and accountability in a manner that go beyond use of antediluvian patriarch performance measures. This behavior is as a result of increasing compulsion for companies to take responsibility for the non-financial effects. On the other hand, the general ideas of sustainability are geared towards the enhancement of valuable features with an intention of reaching them out to the fireing generations. Two theories have been adapted to explain the meaning of this statement preservation and development version and resilience. The cooperate theory is that of enhancing and maintaining natural and human capital. The adaptation based theory views sustainability as an adaptation route whose approach closely links system theories and complexity theories on self-maintenance. The view relates the internal system s of an organization to external interactions exhibited by the environment. It is worthy to note that as the organization tries to