Question

In: Operations Management

You are required to make a research regarding the topic "How nature can inspire companies regarding...

You are required to make a research regarding the topic "How nature can inspire companies regarding innovative sustainability practices?" You must prepare at least 1 page.

Solutions

Expert Solution

Nature can inspire companies regarding innovative sustainability practices by following principles of adaptation, succession planning, resilience, economies of scale, innovation and iinterdependence. The companies can learn the way nature maximises the chances to flourish by maximising their growth in favorable conditions. It creates capabilities that can later help the company to adapt or change as per the external conditions. The challenges like adverse conditions lead to coping by adaptation and change as per the need for the time. The nature also proliferates and promotes growing in size to create strength as well as encouraging diversity. Thus organisation should promote diversity growth that helps in learning more skills and growth opportunities. Succession planning is another thing to learn so that the mentoring is practiced so that the younger generation learns from their seniors.


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