emerging trends in global business environment

5/21/2018 Emerging Trends in Global Business Environment

1/15


2/15

Just as natural resources are becoming scares and

costly, customers, employees and investors are

increasingly becoming environmentally conscious.

A green business strives to have a positive impact on

the environment and community. A green economy

adopts principles, policies and practices that improvesthe quality of life for its customers and employees.


3/15

The International Chamber of Commerce (ICC)

representing global business defines green economy as

an economy in which economic growth and

environmental responsibility work together in amutually reinforcing fashion while supporting progress

on social development.


4/15

Karl Burkart defines a green economy as based on six

main sectors:

Renewable energy

Green buildings Sustainable transport

Water management

Waste management

Land management


5/15

According to 2011 study by MIT, sustainable is now a

permanent part 70 percent of corporate agendas.

Mostly companies now also consider green practices to

be vital to remaining competitive and many affirm that

these practices are contributing profits.


6/15

Reduced Risk: environment degradation threatens the

ecosystem services that allow our economy to function

and companies are beginning to take a notice. Eg Pepsi

Co. for example is investing in sustainable solutions to

water scarcity.

Green product demand: the demand for

environmentally friendly services and productscontinues to grow. Near about 35 percent are willing to

spend more for green products.


7/15

Consumer Engagement: Community involvement isan important cornerstone for many companies, andgreen practices enhance public image communityrelations and goodwill.

Attracting talent : environment conscious businesspractices help attract and retain the best employees byincreasing employee satisfaction and the pride in theworkplace. According to a monster trak poll on green

employment, 92 percent of young professionals wouldbe more inclined to work for an environment friendlycompany.


8/15

Turning off equipment when its not being used.

Reducing fax related paper waste by using a fax

modem.: fax modem allow documents to be sent

directly from a computer, without requiring a printed

hard copy.

Not leaving taps dripping,

Producing double sided documents whenever possible.


9/15

Finding a supply with maximum available recycled

content.

Choosing suppliers who take back packaging for reuse.


10/15

PPP is a publicprivate business venture which is funded and

operated through a partnership of government and one or more

private sector companies.

PPP involves a contract between a public sector authority and a

private party, in which the private party along with a government

organiation undertakes a project like roads, highways etc.


11/15

In some types, capital investment is made by the

private sector and the cost of providing the service is

born wholly or in part by the government.

In some cases, the cost of using the service is born by

the user of the services, such as road toll tax.

In some cases, the government may support the projectby providing revenue subsidies, including tax holiday

for a fixed time period.


12/15

In India PPP model gained momentum in India in thepost liberalised era since 1991. the major infrastructuredevelopment projects in the Indian state of Maharashtra( more than 50 percent 0 are based on the PPP model.

Well Defined Contract between Gov. and Private party.

Appropriate allocation of risks between Gov. andPrivate sector.

the public sector needs to have adequate resources andcapacities to meet its commitments and obligationsunder contracts.


13/15

Stable Political Environment

Entrepreneurship and effective leadership.

Well defined and transparent process for securing

government support.

Smooth coordination among various Gov ministries/

departments.


14/15

Helps to Generate Employment

Reduction in Government Fiscal Deficit

Overcomes the problem of cost overruns. Economic growth

Rural development

Social development

Standard of living


15/15

emerging trends in global business environment

Documents