Question

Think of a company that you admire and consider how well they are competing on the operations front in terms of sustainability. List the company in your post and discuss how you think they are doing in at least one facet of operations that is related to sustainability. You may have to do a little extra research in regard to the relationship between operations and green or sustainable manufacturing. So, start with the company that you admire and then determine how they are doing on the green front.

Answer 1

Let's look at BCG and the efforts around sustainability. The company has created a comprehensive map for sustainability solutions which helps companies to chart out their journey on the sustainability front. With the evolving technology, company uses strategies, frameworks and advanced tools to make sustainability an everyday practice. The company has developed a solution map for other companies that are using set strategies, organization, governance, and steering. The map pushes the companies for a sustainability approach in a more systematic way. Few crucial elements of the map are highlighted below:

A) Designing a model that describes clear ambitions towards sustainability and makes sure that they are achieved.

B) To ensure the long-term and sustainable supply of resources by reshaping the supply chain management system.

C) To enhance the efficiency of the resources, the company should redesign models via innovation and reducing the consumption and wastage of natural resources such as energy and water.

D) Developing new sustainability-based value and product postulations for capturing growth opportunities.

E) Defining and communication of metrics for CSR (corporate social responsibility) for measuring impact.