International Strategic Management Assignment Example | Topics and Well Written Essays - 3000 words - 1

International Strategic Management - Assignment Example To adequately address his concept of sustainability, Elkingtons (1998) introduced the three Ps that include people, profit and planet therefore, the concept of Triple Bottom Line. Since the introduction of the TBL framework in mid 1990s, many organizations have been adopting the practice as their main approach that supports sustainability goals especially based on the increased ability to measure environmental and social impact in addition to the more traditional financial performance. This essay presents an evaluation of the concept of Triple Bottom Line (TBL) and its usefulness for businesses. The difficulties of measuring TBL especially social and environmental components is also discussed bearing in mind there is no standard unit of measure for the two. By definition, TBL refers to an accounting approach for business, non-profit and government organizations to assess performance based on three frameworks covering financial, environmental and social dimensions. However, TBL represents a more complex measure of performance as it includes social and ecological aspects of the organization, which is difficult to quantify during the process of assessment. Further, this is a more plausible measure as it is more comprehensive than the eco-efficiency method of sustainability measurement, which had also gained widespread use during the time of TBL introduction. To simplify further the application of this framework, Elkingtons (1998) presented its application in terms of the three Ps comprising people, planet and profits (3Ps). The researcher, therefore, was able to breakdown his analysis where people as a bottom line refers to all the individuals interacting with the organization or products and the impact both the organization and products has on them. The organization will therefore be concerned with the wellbeing of individuals such as farmers, suppliers, of raw materials and employees

Reflection Paper Essay Example | Topics and Well Written Essays - 1250 words - 5

Reflection Paper - Essay Example Up to this point in time, including this very moment, the Roman Catholic Church is undergoing many changes as secular culture continuously challenges the church to keep up with the signs of the times. We find the church moving in various directions as a result of the many cultures and sub-cultures in America that need attention. It is so important for the church to adopt ways, strategies and techniques so that the mission that was handed down from Christ through the Apostles will be carried out to the end. As a contemporary Roman Catholic priest in today’s America, my vision is to lead my flock to the concept of piety and holiness reflected in these ideas. I hope to live up to the vision of our founder and lead the flock based on the work that was handed down to me by our brothers as it is shaped and defined by the modern era. I will continually seek innovative ways, strategies and techniques to achieve the social, political, economical, religious, institutional and personal goals of the individual members of my flock in keeping with the traditional values and beliefs of our order. Considering these goals, I am recognizing that each one of us is affected one way or the other by those around us and this will be a major challenge. My own vision of the piety and holiness to which I want to lead my flock is that it must first be based on the personal, social, political, emotional, cultural, intellectual and religious background of what I have had experienced throughout the course of my life. This will not be easy as my experiences here in America are an ongoing learning experience culturally and mentally. It will require consistent reflec tion and self-understanding. However, in understanding these things, it is very crucial to consider and internalize the many changes experienced in both the American culture and the Catholic Church on a