Joy of sustainable management

January 17, 2021. Here is the way I introduced my students to the broader issues concerning leaders today, based on an understanding of the evolution of the concept of sustainable development, a term hardly known or ever spoken when I was sitting in their seats in the college classroom.

SM 01 Prospering in a global hypereconom.

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Sustainable development means the process of pursuing long-term prosperity for both people and the natural environment, including a reasonably fair distribution of both the costs and benefits of sustainable development across a global population. This is not equality, equality or fairness, but it is a form of justice or positive peace that is both morally and economically sound, i.e., sustainable and 'just.'

Sustainable development has the appearance of being a panacea, a global solution to our problems of balancing economic growth, environmental quality and social justice, but the definition used here is not universally accepted. Proponents of any one part of this three-part concept like to elevate their agenda to the exclusion or at least ignorance of one or both of the other two elements.