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Sustainability > sustainability > Flashcards

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
Q

2040 population growth

A

Hispanic 170%
Asian 196%
black 50%
white 8%

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26
Q

2050 workforce

A

white decreases

black Hispanic Asian increase

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27
Q

people who move to a new place or location for:

A

family and friends

employment

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28
Q

Inclusion

A

keep employees and cultures valued

keep the doors open

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29
Q

foundation of sustainable diversity and inclusion

A

business case- what we sell
talent case- who does the work
operations case- how we run the business

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30
Q

Rons business components framework

A 
employees
customers
financial performance
suppliers
reputation and liability
senior leadership
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31
Q

talent case

A

recruit
develop
retention

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32
Q

business case examples

employees

A 
cost money to fire and rehire 
severance pay
vacancy
replacement
training
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33
Q

average turnover cost for an ex-employee

A

$10,000 per person

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34
Q

video: J&J diversity and inclusion

A 
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
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35
Q

business case:

customers

A

responsibility
sales
new product development

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36
Q

Toyota

A

used Latino business group to adjust navigation language used in cars

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37
Q

business case:

financials

A

buying power
financial performance
global markets

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38
Q

operations case:

legal and reputaion

A 
lawsuits
public image
increase reputation
2 keys:
gain positive reputation
avoid negative actions
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39
Q

video: cambells and women

A 
helping women develop
winning in the 
workplace
market place
community
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40
Q

operations case:

suppliers

A

sourcing
govt regulation
global

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41
Q

video: AT&T

A

ranked #1 diversity

24% of suppliers are minority or women owned

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42
Q

business, operations, talent case:

senior leadership

A

vision
resources
accountability

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43
Q

wally triplett

A

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

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44
Q

triple bottom line

A

people (social)
profit (economics)
planet (environment)

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45
Q

first author to use triple bottom line

A

john elkington 1997

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46
Q

kennametal

A

manufactures parts for machinary and equipment
headquarters in PA
installed new lighting

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47
Q

kennametals triple bottom line

A

People: increase productivity,safety
profit: tax benefits decrease costs
Planet: less waste, maintenance and carbon footprint

48
Q

sustainability

A

development that satifies the present without jeopardizing future generations needs

49
Q

two polarized view points sustainability

A

shelter/protect environment

use up resources because we can

50
Q

the stewardship model

A

responsibly managing resources between the polarized view

51
Q

proctor and gamble

A

started zero waste policy
saved them 1 billion
engaged their workforce

52
Q

tragedy of the commons or freedom of the commons (cow example)

A

cow owners increase cows and land
icreased their resources (milk, meat, money)
depleted natural resources
developing populations desire more resources

53
Q

climate change framework

A

scientific
political
economic/financial

54
Q

IPCC

A

intergovernmental panel on climate change
govt officials around the world
GHG - green house gas levels

55
Q

video: PwC

A

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
Q

climate change bottom line for smeal students

A

globally need to address GHG emissions and CC
addressing CC impact global business through
incentives
regulations
public pressure

57
Q

sustainability practical examples

A

geothermal heating and cooling

SKF headquarters LEED certified (LEDs

58
Q

light bulbs and stake holders

business changes lighting system

A

individuals- cost vs savings
companies- regulations, savings, atmosphere
govt- decreased resource use, regulations, incentives

environment- decreased resource use

59
Q

video: SAS on sustainability

A 
solar farm
using sheep instead of lawnmowers
thermal systems
efficient elevators
LEDs
reduce irrigation
recycling
LEED certified
decreased employee travel
60
Q

IBM sustainability structure

A

legal and compliance
philanthropy
efficiency
growth

61
Q

exam question

how many companies have clearly defined their approach to sustainability?

A

32% of companies have

62
Q

siements corporation

why use resources efficiently?

A

urbanization
demographic change
climate change
globalization

63
Q

1 reason for companies to be sustainable

A

brand recognition

64
Q

forces driving sustainability

A 
customer preference
legislative
resource scarcity
competition
supply chain requirement
owners
talent competition
premium price
employees
license to operate
65
Q

IBM Presentation

A 
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
Q

sustainability in what smeal majors

A 
marketing
finance
risk management
accounting
management
supply chain
67
Q

sustainability related to marketing

A 
product development
sales
research
reputation
communication
68
Q

the big issue in marketing

A

green washing

company puts “green” label on products without actually becoming more sustainable

69
Q

the big 5

A 
global reporting
ISO
carbon disclosure project
dow jones sustainability indexes
the princes accounting for sustainability
70
Q

GRI 4 guidelines

A

economic,
environmental,
social
governance.

71
Q

adam werbach

Saatchi and Saatchi

A 
protecting the environment
culture
social
economic sustainability
transparency
engagement
networking
72
Q

sustainability related to accounting

A

FASB (financial accounting standards board
SASB (sustainability accounting standards board
GRI (global reporting initiative
sustainability reports
compliance

73
Q

big issue in accounting

A

integrated reporting

74
Q

video: walmart and packing

A

zero waste wire reels

new ones are 100 recyclable

75
Q

walmart 4 categories for suppliers

A

National Product Suppliers
Local Product Suppliers
Service and Non-Resale Suppliers
Direct Import & Global Suppliers.

76
Q

cradle to the grave

A

responsible life cycle of products

womb to tomb

77
Q

sustainability related to finance

A 
social impact investing
dow jones sustainability index
regulation
carbon markets
energy markets
bottom line profit 
reputation
78
Q

video: IBM summit on sustainability

A

finance and sustainability are coming together

managing risk and evaluation long term rewards

79
Q

sustainability related to management

A 
recruitment and retention
training
employee engagement
community and social
governance
HR
80
Q

video:

green to gold making money from implementing green strategies

A

leadership in sustainability
more services/products with less supplies
cut costs
employee engagement

81
Q

sustainability related to risk management

A 
enterprise and real estate
insurance
assessment
climate change
reporting and auditing 
LEED
litigation
NGO (non govt organizations)
healthcare
82
Q

LEED

A

leadership in energy environment design

83
Q

Dan Guide smeal professor lecture

A

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
Q

prius or hummer

A

prius is more fuel efficient but is made with nickel and hard to dispose of

85
Q

dan guide definition of sustainability

A

reduce process design
reuse product design - remanufacture
recycle product design - design for environment

86
Q

business view on sustainability

A

fundamentals
eco-efficiency
product stewardship
sustainable strategy

87
Q

steps of a closed loop supply chain

A 
raw materials mining
materials production
component manufacturing
product assembly
distribution
end of life cycle
88
Q

more sustainable closed loop supply chain

A

collect and inspect
re-processing
create more loops

89
Q

the big 5 stake holders

A 
community 
government
owners
consumers
employees
90
Q

trust acts

A

sherman antitrust act
interstate commerce act
clayton antitrust act

91
Q

how does business effect govt?

A

lobbying

92
Q

how does govt effect business

A

regulation

93
Q

clash of beliefs

A

govt must do more

govt must do less

94
Q

two ways government impacts business

A

non regulatory

regulatory

95
Q

regulatory

A

policy
policies to control business
industrial policy
privatization

96
Q

solyndra solar video

A

govt loaned 535 million and went bankrunpt

97
Q

USPS

A

not complete govt agency
pays for itself
heavy regulation
privatize?

98
Q

USPS pros privatize

A

more efficient

shareholder money

99
Q

USPS cons privatize

A

price would go up

services might change

100
Q

regulation

A

governing and bringing under control of the law

101
Q

3 main points of regulation

Control:

A

control natural monopolies
control negative externalities
achieve social goals

102
Q

child hood obesity problem

A

inactivitiy
kids watch tv and bad diet
children have major adults issue

103
Q

mcdonalds video:

A

toys are easy to market to kids and make them eat very unhealthy

104
Q

regulation expenditures

A

direct expenditures
compliance costs
altered behavior

105
Q

two main areas of regulation spending

A

social 86%
economic 14%
55 billion total

106
Q

compliance cost

A

1752 trillion dollars

107
Q

influence involves what 3 aspects?

A

lobbying, coalitions, political action

108
Q

3 types of lobbying

A

umbrella
trade
company

109
Q

US chamber of commerce

A

challenges opportunities and problems
represent fundamentals of business
voice of business
connecting people to help eachother

110
Q

non regulatory

A

influence

111
Q

reduce

A

process design

most important of 3 r’s

112
Q

reuse

A

product design

113
Q

recycle

A

product design

114
Q

IBM growth platforms

A

smarter planet
business analytics
cloud computing
growth markets

115
Q

walmarts 3 goals

A

be supplied 100% by renewable energy
create zero waste
sell products that sustain people and the environment

116
Q

IBM 3 i’s

A

Instrumented
Interconnected
Intelligent

116
Q

3 big issues with sustainability

A

population
intensity of resource use
climate change

Sustainability (1 decks)

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