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MGMT8420 Sustainable Development

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MGMT8420 Sustainable Development

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MGMT8420 Sustainable Development

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Course Code: MGMT8420
University: Conestoga College

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Country: Canada

Question:

Conduct exploratory research to identify four organizations with a sustainability strategy. While you may wish to focus on organizations that you are interested in working for, be sure to select organizations of varying size, geographic location, etc.  List the organizations in a table, similar to the one included in Appendix A.

Conduct in-depth research to identify, for each organization, three distinct drivers (motivators) for business sustainability. For example, Interface is an example of an organization that has attracted and retained top talent, created new markets and reduced operational expenses due to their sustainability strategy.   List each of the three drivers (motivators) on your table.  While some of the drivers among organizations may be the same, be sure to provide at least one unique driver per organization.

For each driver (12 in total) provide one reputable resource for information, in APA format. Do not use the organizations website or related publications, as this information may be bias.

Select one organization, listed in your chart, to profile in greater detail. Provide a 400 – 500 word explanation detailing the three drivers (motivators) for sustainability and how this approach has improved their triple bottom line performance.

Answer:

From the above chart, the selected organization is Amazon with its three drivers, discussed below –

Full control over value chain – A value chain of the organization includes many factors like inbound, outbound logistics and response time with all to the direction of customers (Bidgoli, 2010).The value chain of Amazon focuses on embraced technology. With the help of countless automation and AI algorithms, the company have full control over their efficiency and delivery speeds. They also focus on freeing up funds in the inward and outwards logistics. This efficiency in the value chain also helps Amazon in the improvement of the triple bottom line performance. The three element of the triple bottom .
line performance is – Social, Environmental and Financial aspects (People, planet and profits). In terms of environment aspects, Amazon can be seen as a greener option as unlike traditional retailers, they need not operate with many physical locations and there transportation logistics efficiencies may reduce the lifecycle energy use of consumer products which is good and well for both society and environment. Most of the activities done in Amazon logistics and distributions centres are via advanced and innovative technologies with various AI algorithms which help them in saving a huge amount of materialistic cost and thus improves the overall financial performance of the company.

Warehouses around the globe and predictive analysis – Although Amazon is an e-commerce company, however, it also needs various fulfilments centres and warehouse to process the products from the seller to the buyer. In addition, Amazon success also lies in its expert warehousing strategy, which ensures that all of its products are easily accessible from any part of the world and the predictive analysis technology of Amazon also help them in fast processing of the orders (Will, 2015). In their warehouses, the company focuses on health and safer working environments and they have also set various standards related to the right to legal wages and benefits for their people. With the help of Inventory Performance Index, the company is removing the products that are taking space as well as not sellable to the customers. This will have a direct impact on improving the financial performance of the company.

Diversification and development of other business portfolios like AWS – Amazon started as an online e-book seller but with the increased competition in the market, Amazon gets to know that diversification needs to be included in their corporate strategy so that to achieve competitive advantage (Trefis, 2016). One of their early experiment in cloud computing (called Amazon Web Services) proved to be successful and also impact significantly in the improvement of financial performance of the company. The data centers locations are chosen wisely by the company which also saved the high cost data of the clients with the help of three-layer protection. The company also made a long-term commitment to use AWS cloud will 100% renewable energy which reduces carbon emission by 88% and helps Amazon in achieving economy of scale.

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