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ISO 9001:2008 8 principles
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As said earlier, both ISO 14001 and ISO 9001 seem to overlap with each other in terms of their specifications. The ISO 9001 advocates more of quality standardisation in a company?s process which is reflected in ISO 14001 as well. The ISO 14001 can be used to develop Hart?s Strategies to offer companies environmental sustainability which would enable them to have a competitive advantage. The ISO 14001 standard advocates three principles for the companies: pollution prevention, continuous improvement and voluntary participation (Joaquín Cañón-de-Francia and Concepción Garcés-Ayerbe, 2009). Pollution prevention reduces pollution even before production begins. This is one of the strategies Hart talks about in his study. By eliminating pollution right in the beginning of the process, the huge costs associated with the building of end of pipe pollution can be prevented. Apart from this advantage, pollution prevention could lead to increase in efficiency and productivity. This again relates well with Porter?s strategies for cost advantages. The ISO 14001 is a process based standard and says that companies should achieve eco friendly concepts not by drastic changes but by seeking continuous improvement of process. Thus, the standards can be embedded easily and ?Life cycle Assessment? advocated by Hart can be implemented by use of these Environment managements systems as it is the core principle of the standard ISO 14040. A question may arise asking if companies need necessarily go for certification instead of forming their own management systems without resorting to a certification from ISO. The answer to this question would be that even though a company may have its own quality management, by getting certified, it becomes easier to embed...
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21. Prakash, Asseem (2000) Greening the Firm: The Politics of Corporate Environmentalism. Cambridge: Cambridge Univ. Press.
22. Russo, M. V., & Fouts, P. A., 1997. A resource-based perspective on corporate environmental performance and profitability. Academy of Management Journal, 40, pp. 534?559.
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ISO 9001 is a quality management standard that helps a company or an organisation to continually monitor quality across all operations. As an internationally recognised quality standard, it outlines ways to achieve, as well as
Wheelen, T. L., & Hunger, J. D. (2010). In Concepts in Strategic Management and Business Policy Achieving Sustainability, Twelfth Edition. Pearson Education.
An organization must always look within and outside of themselves to assess their internal strengths and weaknesses and realize which external factors pose a threat or an opportunity for them. These factors have direct impact on how the organization operates, allowing them to mitigate their threats and maximize their opening to create new and diverse products as the demands of the people grow and technology advances (Rothaermel, 2013). The desire to have greener options in the products people use has forced The Home Depot and Ford Motor Company to respond. However, these two companies not only enforce the environmental concerns of the people with the products they offer to the public, but also in how their plants and stores are ran under sustainable energy. This will
Quality management systems such as Total Quality Management (TQM), Quality Control (QC), and International Organization for Standardization (ISO) 9000 focus on the continuous improvement of products and services, customer satisfaction, and participatory manage-ment. Although much has been written about quality management systems and their application in business, industry, and (more recently) education, little connection has been made between these systems and educational assessment. This paper explores the three most prestigious awards recognizing quality improvement in business and industry and describes how the criteria for business and industry assessments of quality can be correlated with vocational education assessment.
Jared Diamond, in his essay “Will Big Business Save the Earth?”, argues that even though multi-billion dollar corporations generate massive amounts of waste, they are also capable of being forerunners in support of environmentalism. Without a doubt, Diamond makes it very clear to the reader that, originally, he was of the opinion that big corporations were incapable of minimizing their impact on the environment, due to their purely financial drive to accumulate revenue for their investors. But when he became a board member of environmentalist outfits like the World Wildlife Fund and Conservation International, he was given the task to assess the environmental impact of various companies across differing economic sectors. While there were indeed some that made a huge negative impact on the environment, in his research, Diamond noticed that were a sizeable number of companies that excelled greatly in being more cautious in how they affect the environment. Of these companies, he takes note of
In this Unit 3 Assignment, Caterpillar’s Chief Sustainability Officer (CSO) whom hired me has informed me that Caterpillar’s CEO is resistant to the idea of investing more resources into Caterpillar’s sustainability programs. It is my understanding that the CEO believes that environmental initiatives that have been presented and in place do not help the company’s bottom line and therefore should not be continued. Within this paper I will briefly discuss the information that is covered within Caterpillar’s 2013 Sustainability Report as well as identifying any areas that would benefit from more company resources. I will also be making an argument for its economic and social benefits while focusing on how implementing such an initiative would
For as long as we have lived some business has been known to destroy the earth’s natural environment for their own selfish reasons, without showing any concern of who or what might be affected from their decisions. Environmental conscience means to have a sense of what is right and wrong with in the environment. In the article “Business and Environmental Ethics” by W. Michael Hoffman debates that business has a moral obligation to develop an environmental conscience and to participate in solving environmental problems. In the film ‘The Corporation” it argues that it is not even possible for a corporation to develop an environmental conscience at all. In this essay I will explain how W. Michael Hoffman argue his position and why the film “The
For the past three decades matters pertaining to the organization and its interaction with its physical environment, have been widely accepted. Any business in its operations affects its immediate physical environment both directly and indirectly. It is, therefore, important for a business organizational to assess the degree with which it affects its environment and subsequently stands accountable, not only for economic benefits, but also for the future well being of the society (Henderson et al., 2006). There is concrete evidence to believe that success in business is derived, in part at least, from the society and the natural environment. Business, the society and nature maintain a symbiotic relationship that guarantees mutual benefits for all the parties. A business acquires factors of production and market for its final goods from the society and the natural environment. Contextually, our company acquires its raw materials (tree) directly from the environment. This has a direct impact to the society and the environment in terms of deforestation and the subsequent consequences of deforestation to the ...
Making its first appearance in the 1950’s and continuing to grow each day since its increase in popularity in the 1980’s, Total Quality Management is another trend effecting Cost and Managerial Accounting (American Society for Quality, 2016). Total Quality Management is a philosophy that focuses on quality in every part of the business in order to meet stakeholders’ needs with efficiency and effectiveness, all without compromising ethical values (Chartered Quality Institute, 2016; American Society for Quality, 2016). It is important to note that Total Quality Management is not a means to an end, but instead is the end goal itself. Meaning that Total Quality Management is not a process used to achieve a goal, but instead
When you look at the history of General Motors, you will find a long, rich heritage. General Motors came into existence in 1908 when it was founded by William "Billy" Durant. At that time Buick Motor Company was a member of GM. over the years GM would acquire more than 20 companies, to include Opel, Chevrolet, Cadillac, Pontiac, and Oldsmobile. By the 1960's through 1979 was known as a revolution period for General Motors. Everyone was focusing on environmental concerns, increased prices of gasoline lead to the unprecedented downsizing of vehicles. The smaller cars lead to one the largest re-engineering program ever taken in the industry. By 1973, General Motors was the first to offer an air bag in a production car.
Even though Total Quality Management (TQM) has been replaced by other quality methodologies in many cases, organizations that have taken the long arduous journey to properly implement TQM benefited from it immensely [1]. While TQM may be perceived by many employees as just another passing fad that will soon fall by the wayside, the environmental conditions that exist within the organization will determine if TQM can be successfully implemented and take root. What is Total Quality Management (TQM)? TQM is a system of continuous improvement of work processes to enhance the organization’s ability to deliver high-quality products or services in a cost-effective manner [2].
Important companies like Shell, DuPont, BP has been reorganised to generate profits from this green market of goods and services. In this sense, it may sound altruistic, "the sustainability", the logic of profitability and competition is what will determine the ability of companies of the future to meet the changing needs of consumers.
What is the socially optimum level of production keeping in mind the environment? How should it be achieved? It is at this point that the great economic minds of out time begin to take up arms. Michael Porter, a Professor of Business at the Harvard Business School claims that environmental regulation of businesses will actually give the businesses a competitive advantage over their counterparts in nations with less stringent regulation because it forces them to innovate. Porter claims that by changing their production processes, the businesses will actually lower their production costs (Porter, 97).
Since the Industrial Revolution of the late 1700’s and early 1800‘s organizations have become increasingly prosperous. With this rapid growth, however, has come irresponsibility in the management of business resources. This irresponsibility increases the costs to the company and is also taxing on the environment, increasing: ozone depletion, deforestation, and global warming (Shrivastava, 1995, p. 936). Sustainability in the business sector goes beyond environmental initiatives and includes the company’s financial and managerial performance, and employee quality of life. The movement of sustainable human resource management provides a balance between economic development, environmental stewardship, and societal equity—often
In conclusion, I have to say that there is a solid invisible relationship between impacts of businesses on environments, profitability of sustainable business, and responsibility of business. When one of these ones changes, it will effect to others. When a business adapts efficient and sustainable system, it will reduce negative externalities and increase positive externalities to environment. Once the business adapted efficient business model, it will reduce cost and maximize its profits. Obviously, the sustainable and efficient business model will make the business social more responsible to environments.