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In Sustainability Leslie Paul Thiele provides an overview to a concept that has

ID: 236296 • Letter: I

Question

In Sustainability Leslie Paul Thiele provides an overview to a concept that has been widely adopted by many people, businesses, and governments yet implemented by few. Sustainability is frequently treated as little more than a public relations “trick” that justifies business as usual rather than a driver of fundamental change. But in this era of living in an ever more populated planet, achieving true sustainability is needed more than ever. What key approaches to achieving a sustainable environment, economy, and social equity does Thiele support?   Do you agree with his analysis? Why or why not?   

Explanation / Answer

In Sustainability Leslie Paul Thiele provides an overview to a concept that has been widely adopted by many people, businesses, and governments yet implemented by few. Sustainability is frequently treated as little more than a public relations “trick” that justifies business as usual rather than a driver of fundamental change. But in this era of living in an ever more populated planet, achieving true sustainability is needed more than ever. What key approaches to achieving a sustainable environment, economy, and social equity does Thiele support?   Do you agree with his analysis? Why or why not?   

Sustainability is defined as minimal negative impact on business, environment, community or economy. Business sustainability is a process by which companies manage their financial, social and environemental risks.

Sustainability requires proper planning, making right and timely decisions and implementing them in a attractive business of that time. Sustainability is required one to sustain long time in a business by making profits and reaching required targets. Without sustainability no business, activity and management get success and leads collapse.

Business sustainability can be achieved by proper management, co-ordination, social and financial demands and concerns to ensure responsible, ethical and ongoing success.

Sustainability is measured as profitable return of investment. Initial period need investment but in sustained business the income on business take care of the business in its sustainability and growth to reach set targets.

Thiele opines that practice of sustainability is not for pursuing simply self interest. Because of angle of more self-interest modern generation creating problems environmental degradation, unhealthy lives and damaging future life. Very few governments, locals and business people practising healthy methods for sustainability others at the cost of sustainability bringing more damages in all spheres of our lives.

As per Thiele sustainability theory, the best predictor of the future is always past and it was too practiced in ancient times.

Thiele says that for economic growth people focusing on GDP and it has many adverse effects human life and environment. For the potential sustainability to meet people needthere are many methods but business people are not practicing them.

Business people, entrepreneurs and managers are more interested in management theory, strategic decision-making and organizational behaviour. Economics are number-based abstractions of the world in which real managers have to make decisions. Thiele mentions triple-bottom line accounting principles in some degree of detail and acknowledges the idea that businesses need to be prof itable in order f or them to be sustainable.

I support the Leslie Paul Thiele’s Sustainability theory as it is a worthwhile project for sustainability. Sustainability concepts Thiele that has been widely adopted by many people, businesses, and governments but implemented by few. Peopletreat Sustainability as little more than a public relations “trick” that justifies business as usual rather than a driver of fundamental change. But in this modern era sustainability means sustaining in all sphere of life to sustain life of future generation. To achieve a sustainable environment, economy, and social equity we should support Thiele’s views.

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