day 4 ppt

• Systems thinking


  Watch this video https://www.youtube.com/watch?v=GPW0j2Bo_eY
• The Goals of Management

  • Financial well-being
  • Ecological well-being
  • Social well-being
• Financial Bottom Line (FBL) Management


  • Focus on maximizing organizations' financial performance
• Triple Bottom Line (TBL) Management


  • Focus on maximizing financial performance via sustainable development (triple bottom line refers to financial, social, and ecological well-being)
• Social and Ecological Thought (SET) Management

  • Focus on socio-ecological well-being ahead of maximizing financial
• Depicting the three approaches
• Dan and Wilma Wiens Shared Farm
• Trends


  • FAST FASHION
  • SLOW FASHION
• Trends


  • FAST FOOD
  • SLOW FOOD
• Five causes of poor mental health

  • Lack of meaning/larger purpose
  • Lack of social interaction
  • Lack of physical activity
  • Other stressors
  • Lack of coping strategies
• Five things that can be done to reduce causes

  • Provide opportunities to talk about meaning of life
  • Provide opportunities to mingle in and outside of class
  • Include gym membership in tuition
  • Provide bursaries, scholarships, employment opportunities
  • Teach relaxation and breathing exercises
• Five things that cultivate happiness

  • Deliberately think about meaning, and hopes in next 5 years
  • Make an effort to talk to others, and share about yours and their interests
  • Savor positive experiences and sensations
  • Cultivate and express gratitude
  • Engage in kind acts
• Financial well-being


  Three Dimensions of Economic Well-being: Jobs, Goods and Services, Profits
• Financial Bottom Line (FBL) Management

  • Jobs for the poor
• Triple Bottom Line (TBL) Management


  • Good jobs for the poor
• Social and Ecological Thought (SET) Management

  • Fair trade; living wage
• Financial Bottom Line (FBL) Management


  • Free trade/global GDP
• Triple Bottom Line (TBL) Management


  • Empower those at the base of the pyramid
• Social and Ecological Thought (SET) Management

  • Fair trade; tariffs that benefit the poor
• Financial Bottom Line (FBL) Management


  • Free flow of money helps all/ IMF
• Triple Bottom Line (TBL) Management


  • Help poor via funds from the World Bank
• Social and Ecological Thought (SET) Management

  • Profits from Socially Responsible Investing
• Ecological well-being


  What is ecological well-being?
• Financial Bottom Line (FBL) Management


  • Considers economic activity to be separate and independent from the natural and social environment
• Triple Bottom Line (TBL) Management

  • Economic activity is interdependent with the natural and social environments
• Social and Ecological Thought (SET) Management

  • Economic activity is dependent on social and ecological well-being
• Approaches to Managing Issues
• Social well-being


  What is social well-being?
• Five causes of poor mental health

  • Lack of meaning/larger purpose
  • Lack of social interaction
  • Lack of physical activity
  • Other stressors
  • Lack of coping strategies
• Five things that can be done to reduce causes

  • Provide opportunities to talk about meaning of life
  • Provide opportunities to mingle in and outside of class
  • Include gym membership in tuition
  • Provide bursaries, scholarships, employment opportunities
  • Teach relaxation and breathing exercises
• Five things that cultivate happiness

  • Deliberately think about meaning, and hopes in next 5 years
  • Make an effort to talk to others, and share about yours and their interests
  • Savor positive experiences and sensations
  • Cultivate and express gratitude
  • Engage in kind acts
• Financial Bottom Line (FBL) Management


  • Materialistic source and individualistic focus
• Triple Bottom Line (TBL) Management

  • Transcendent source and individualistic focus; materialistic source and holistic focus
• Social and Ecological Thought (SET) Management

  • Transcendent source and holistic focus
• Financial Bottom Line (FBL) Management


  • Financial success; getting ahead
• Triple Bottom Line (TBL) Management


  • Job crafting; enhance pro-social aspects
• Social and Ecological Thought (SET) Management

  • Healthy giving; voluntary simplicity
• Financial Bottom Line (FBL) Management

  • Emphasis on instrumental aspects
• Triple Bottom Line (TBL) Management


  • Work-life balance
• Social and Ecological Thought (SET) Management

  • Re-personalization; compassion; gratitude