Foundations of Sustainable Business: Theory, Function, and Strategy

Nada R. Sanders, John D. Wood

John Wiley & Sons, Dec 12, 2019 - Business & Economics - 352 pages

The second edition of Sustainable Business prepares future business leaders to tackle the most crucial social and environmental issues of our time. This engaging textbook provides students with a comprehensive, balanced introduction to integrating sustainable business policies into all core business functions and processes. The text employs a qualitative-based learning process to help students understand how leadership, finance, accounting, risk management, marketing, supply chain management, and operations can be adapted to meet the sustainability goals of the 21st century.

Looking at sustainable business from the managerial viewpoint, the fully-updated new edition explains how and why business is evolving due to increased consumer and regulatory pressure for sustainable performance. Business topics are first introduced in the same manner as traditional MBA programs, and then examined through the lens of sustainably. The text incorporates real-life examples of social and environmental leadership to demonstrate the efficacy of good sustainable business decisions, and illustrates the negative ramifications of outdated, purely economic-driven managerial decision-making. Influential concepts based on interdisciplinary research in sustainability are discussed in detail, and practical insights address how to turn policy into practice in the workplace.

Contents

• Preface vi: 3
• Perspectives: 6
• Chapter 2: 12
• Further Research: 31
• Perspectives on Sustainability by Focus Area: 37
• Environmental Kuznets Curve: 48
• Nine Planetary Boundaries: 55
• Conclusion: 57
• Leadership Change Management: 63
• Stakeholders of Corporate Conduct: 65
• Profile of a Sustainable Leader: 71
• Three Processes of Change Management: 79
• Chief Sustainability Officer CSO: 90
• Key Terms: 91
• Accountability: 97
• Chapter 4: 101
• Benefits of Legal Environment of Business: 107
• Discussion Questions: 124
• The American Legislative Exchange Council: 125
• Chapter 5: 133
• Why Do Companies Analyze Sustainability Metrics?: 142
• How High Up the Ladder Does Reporting: 149
• Key Terms: 153
• Risk Management: 159
• Key Terms: 187
• Implementation: 191
• From Superbowl Ads to Viral Videos: 193
• Key Terms: 221
• Supply Chain Management: 227
• Key Terms: 255
• Operations Management: 261
• Key Terms: 286
• Glossary: 7
• Index: 25
• 159: 29

About the author

Nada R. Sanders is an internationally recognized thought leader and expert in forecasting and supply chain management. She is author of the book Supply Chain Management: A Global Perspective and is co-author of Operations Management, in its 7th edition. She was ranked in the top 8 percent of individuals in the field of operations management from a pool of 738 authors and 237 different schools by a study of research productivity in U.S. business schools, is a Fellow of the Decision Sciences Institute, and has served on the Board of Directors of the International Institute of Forecasters (IIF), Decision Sciences Institute (DSI), and the Production Operations Management Society (POMS), where in 2019 she became the President of POMS.
Dr. Sanders has authored over one hundred scholarly works and has served on the editorial boards of prominent journals in her field, including the Journal of Operations Management, Production and Operations Management, Decision Sciences Journal, Journal of Business Logistics, and International Institute of Forecasting. She is co-editor for the Journal of Business Logistics' special issue on interdisciplinary research and was co-founder and Associate Editor of Foresight: The International Journal of Applied Forecasting. In 2008 she was invited to serve as a participant at The Gordon Cook Conversations at Windsor Castle, UK. This retreat brought together a small, diverse group of international leaders identified to have "star quality" in the development of strategies that will impact society in the coming decade.

John D. Wood is a Member of the New York State Bar, the Texas State Bar, founder of The Law Firm of John D. Wood, PLLC, and Executive Director of Econautics Sustainability Institute (ESI), a 501(c)(3) non-profit dedicated to promoting sustainability in the private sector through research, education, and advising. Wood also serves as Administrator for Suncoast Claims, Inc., a public insurance adjusting firm that represents commercial and industrial property owners in making insurance claims in the wake of environmental catastrophes in the Atlantic and Gulf Coast regions. He has served as an Adjunct Professor of Green Business in the Environmental Studies Program at Lasell College, and has lectured on sustainable business at SUNY, George Mason, and Northeastern University. Wood has taught continuing professional education programs on the subject of "Taking Insurance Claims Green," approved by the New York Department of Financial Services, the Texas Department of Insurance, and the Florida Department of Business and Professional Regulation.
Wood is a legal scholar with publications in the Environmental Law Reporter, the NYU Environmental Law Journal, the NYU Journal of Law and Liberty, The New York Environmental Lawyer, and the Torts, Insurance, and Compensation Law Journal. He is an expert in risk management, corporate sustainability strategy, and insurance law. Wood earned his J.D. from New York University School of Law and his B.A., summa cum laude, in English and Philosophy from Texas Christian University.

Bibliographic information

• Title: Foundations of Sustainable Business: Theory, Function, and Strategy
• Authors: Nada R. Sanders, John D. Wood
• Edition: 2, illustrated
• Publisher: John Wiley & Sons, 2019
• ISBN: 1119577551, 9781119577553
• Length: 352 pages
• Subjects: Business & Economics / Development / Business Development; Business & Economics / General; Business & Economics / Green Business