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sustainability Flashcards

1
Q

Why boys Fail

A

Verbal skills develop later
More laid off
60-40 women-men getting bachelors

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2
Q

personal triad

A

social - caring about diversity
emotional - more passionate about diversity
personal- different levels of experience in diversity

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3
Q

corporate triad

A

organizational - need to manage diversity
national - nations have their own approach
Global - need to conduct their nations diversity policy across cultures

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4
Q

3 points to address diversity

A

what is diversity? past and present
diversity data info and meaning
the business case for diversity and inclusion

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5
Q

2 focal points for diversity

A

traditional

contemporary

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6
Q

traditional focus

A

color, sexual orientation, gender, race, ethnicity, religion, age,

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7
Q

contemporary focus

A

Innermost: personality
Internal dimensions: gender, race, age, ethnicity,
external dimensions: education, back round, work experience, religion, income, etc
organizational dimensions: location, function, mgmt status, field, seniority

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8
Q

Diversity

A

Environment to
Recruit
Develop
Leverage best talent to achieve business goals

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9
Q

1500-1800 diversity slavery era

A

emancipation proclamation

made slaves free but no rights

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10
Q

1900-1964 painful slow change era

A

civil rights movement

approximately 100 years

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11
Q

1964-present civil rights diversity and inclusion

A

federal laws prohibiting job discrimination

separate but very unequal

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12
Q

federal laws prohibiting job discrimination

A 
civil rights act 1964
equal pay act 1963
age discrimination act 1967
disabilities act 1990
civil rights act 1991
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13
Q

EEOC

A

equal employment opportunity commission

enforcing diversity and opportunity laws

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14
Q

abercrombie and fitch case

A

lawsuits concerning looks policy pg 708

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15
Q

discrimination

A

overt or subtle denial of opportunity

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16
Q

diversity progression

A

affirmative action- legal approach
valuing differences- training approach
managing diversity- business approach

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17
Q

affirmative action “big 3”

A

employment- diverse workforce
education- opportunity for education
government contracting- supplier diversity

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18
Q

two main ways companies discriminate

A

disparate treatment

disparate impact

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19
Q

disparate treatment

A

indivdual is singled out

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20
Q

disparate impact

A

not a direct discriminatory but becomes discriminatory through its effects

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21
Q

griggs vs duke power company

A

disparate impact-

applicants needed to pass a test based on questions that needed formal education

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22
Q

valuing differences

A

training approach-

positive and negative outcomes

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23
Q

managing diversity

A

allowing people to reach their full potential

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24
Q

video: diversity

A

it is now business imperative

license to operate

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25
2040 population growth
Hispanic 170% Asian 196% black 50% white 8%
26
2050 workforce
white decreases | black Hispanic Asian increase
27
people who move to a new place or location for:
family and friends | employment
28
Inclusion
keep employees and cultures valued | keep the doors open
29
foundation of sustainable diversity and inclusion
business case- what we sell talent case- who does the work operations case- how we run the business
30
Rons business components framework
``` employees customers financial performance suppliers reputation and liability senior leadership ```
31
talent case
recruit develop retention
32
business case examples | employees
``` cost money to fire and rehire severance pay vacancy replacement training ```
33
average turnover cost for an ex-employee
$10,000 per person
34
video: J&J diversity and inclusion
``` ranked 10 in diversity differences should be acounted for and respected Employee resource groups affinity groups 2 keys of employees: understand the customer better demonstrates diversity ```
35
business case: | customers
responsibility sales new product development
36
Toyota
used Latino business group to adjust navigation language used in cars
37
business case: | financials
buying power financial performance global markets
38
operations case: | legal and reputaion
``` lawsuits public image increase reputation 2 keys: gain positive reputation avoid negative actions ```
39
video: cambells and women
``` helping women develop winning in the workplace market place community ```
40
operations case: | suppliers
sourcing govt regulation global
41
video: AT&T
ranked #1 diversity | 24% of suppliers are minority or women owned
42
business, operations, talent case: | senior leadership
vision resources accountability
43
wally triplett
first black psu football player U of Miami requested he not play against them, penn state did not play penn state denied invite to cotton bowl, SMU asked blacks to not play eventually changed their mind and played anyway WE ARE...PENN STATE
44
triple bottom line
people (social) profit (economics) planet (environment)
45
first author to use triple bottom line
john elkington 1997
46
kennametal
manufactures parts for machinary and equipment headquarters in PA installed new lighting
47
kennametals triple bottom line
People: increase productivity,safety profit: tax benefits decrease costs Planet: less waste, maintenance and carbon footprint
48
sustainability
development that satifies the present without jeopardizing future generations needs
49
two polarized view points sustainability
shelter/protect environment | use up resources because we can
50
the stewardship model
responsibly managing resources between the polarized view
51
proctor and gamble
started zero waste policy saved them 1 billion engaged their workforce
52
tragedy of the commons or freedom of the commons (cow example)
cow owners increase cows and land icreased their resources (milk, meat, money) depleted natural resources developing populations desire more resources
53
climate change framework
scientific political economic/financial
54
IPCC
intergovernmental panel on climate change govt officials around the world GHG - green house gas levels
55
video: PwC
focus on climate change is good for business goals and decisions will affect us all industrializing wasnt regulated a century ago innovation created lot of pollution developing countries industrialize, creating pollution who should pay to clean up? developed or developing???
56
climate change bottom line for smeal students
globally need to address GHG emissions and CC addressing CC impact global business through incentives regulations public pressure
57
sustainability practical examples
geothermal heating and cooling | SKF headquarters LEED certified (LEDs
58
light bulbs and stake holders | business changes lighting system
individuals- cost vs savings companies- regulations, savings, atmosphere govt- decreased resource use, regulations, incentives environment- decreased resource use
59
video: SAS on sustainability
``` solar farm using sheep instead of lawnmowers thermal systems efficient elevators LEDs reduce irrigation recycling LEED certified decreased employee travel ```
60
IBM sustainability structure
legal and compliance philanthropy efficiency growth
61
exam question | how many companies have clearly defined their approach to sustainability?
32% of companies have
62
siements corporation | why use resources efficiently?
urbanization demographic change climate change globalization
63
#1 reason for companies to be sustainable
brand recognition
64
forces driving sustainability
``` customer preference legislative resource scarcity competition supply chain requirement owners talent competition premium price employees license to operate ```
65
IBM Presentation
``` 104.5 bil yearly revenue 430,000 employees services company prevent waste during the process line management and constant attention global environmental management system EMS montley fool ```
66
sustainability in what smeal majors
``` marketing finance risk management accounting management supply chain ```
67
sustainability related to marketing
``` product development sales research reputation communication ```
68
the big issue in marketing
green washing | company puts "green" label on products without actually becoming more sustainable
69
the big 5
``` global reporting ISO carbon disclosure project dow jones sustainability indexes the princes accounting for sustainability ```
70
GRI 4 guidelines
economic, environmental, social governance.
71
adam werbach | Saatchi and Saatchi
``` protecting the environment culture social economic sustainability transparency engagement networking ```
72
sustainability related to accounting
FASB (financial accounting standards board SASB (sustainability accounting standards board GRI (global reporting initiative sustainability reports compliance
73
big issue in accounting
integrated reporting
74
video: walmart and packing
zero waste wire reels | new ones are 100 recyclable
75
walmart 4 categories for suppliers
National Product Suppliers Local Product Suppliers Service and Non-Resale Suppliers Direct Import & Global Suppliers.
76
cradle to the grave
responsible life cycle of products | womb to tomb
77
sustainability related to finance
``` social impact investing dow jones sustainability index regulation carbon markets energy markets bottom line profit reputation ```
78
video: IBM summit on sustainability
finance and sustainability are coming together | managing risk and evaluation long term rewards
79
sustainability related to management
``` recruitment and retention training employee engagement community and social governance HR ```
80
video: | green to gold making money from implementing green strategies
leadership in sustainability more services/products with less supplies cut costs employee engagement
81
sustainability related to risk management
``` enterprise and real estate insurance assessment climate change reporting and auditing LEED litigation NGO (non govt organizations) healthcare ```
82
LEED
leadership in energy environment design
83
Dan Guide smeal professor lecture
sustainability and closed loop supply chains climate change exponential ammounts of E-waste (electronics) increasing number of short life cycle products increased awareness of industrial impact
84
prius or hummer
prius is more fuel efficient but is made with nickel and hard to dispose of
85
dan guide definition of sustainability
reduce process design reuse product design - remanufacture recycle product design - design for environment
86
business view on sustainability
fundamentals eco-efficiency product stewardship sustainable strategy
87
steps of a closed loop supply chain
``` raw materials mining materials production component manufacturing product assembly distribution end of life cycle ```
88
more sustainable closed loop supply chain
collect and inspect re-processing create more loops
89
the big 5 stake holders
``` community government owners consumers employees ```
90
trust acts
sherman antitrust act interstate commerce act clayton antitrust act
91
how does business effect govt?
lobbying
92
how does govt effect business
regulation
93
clash of beliefs
govt must do more | govt must do less
94
two ways government impacts business
non regulatory | regulatory
95
regulatory
policy policies to control business industrial policy privatization
96
solyndra solar video
govt loaned 535 million and went bankrunpt
97
USPS
not complete govt agency pays for itself heavy regulation privatize?
98
USPS pros privatize
more efficient | shareholder money
99
USPS cons privatize
price would go up | services might change
100
regulation
governing and bringing under control of the law
101
3 main points of regulation | Control:
control natural monopolies control negative externalities achieve social goals
102
child hood obesity problem
inactivitiy kids watch tv and bad diet children have major adults issue
103
mcdonalds video:
toys are easy to market to kids and make them eat very unhealthy
104
regulation expenditures
direct expenditures compliance costs altered behavior
105
two main areas of regulation spending
social 86% economic 14% 55 billion total
106
compliance cost
1752 trillion dollars
107
influence involves what 3 aspects?
lobbying, coalitions, political action
108
3 types of lobbying
umbrella trade company
109
US chamber of commerce
challenges opportunities and problems represent fundamentals of business voice of business connecting people to help eachother
110
non regulatory
influence
111
reduce
process design | most important of 3 r's
112
reuse
product design
113
recycle
product design
114
IBM growth platforms
smarter planet business analytics cloud computing growth markets
115
walmarts 3 goals
be supplied 100% by renewable energy create zero waste sell products that sustain people and the environment
116
IBM 3 i's
Instrumented Interconnected Intelligent
116
3 big issues with sustainability
population intensity of resource use climate change

Sustainability (1 decks)

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