Making Business Decisions Based on Sustainability Factors
Course Info
Code IND01-135
Duration 5 Days
Format Classroom Online
Course Summary
The concept of sustainability is relatively new, yet that does not mean it is not important. An organisation or business changing their practices to be sustainable is becoming increasingly necessary to stay ahead in their respective markets.
The transition into sustainability is not simple. A considerable amount of strategy and planning is required for successful execution and implantation. The business needs to carefully assess their current standing in all factors, including financial capabilities and maintaining their supply chain. There are many challenges to be faced when attempting to be sustainable, and thorough knowledge and preparation is crucial.
The main way to become sustainable is to adjust energy sources. The transition from non-renewable to renewable sources is highly effective, however, it does come with risk. There is a fine balance between being fully energy efficient while also maintaining maximum effectiveness for daily functions. With the correct planning, implantation methods and attentive monitoring, the business can thrive with better sustainability practices and ideal energy efficiency.
- To understand the importance of sustainability for modern organisations.
- To assess existing functions and measure how sustainable they are for short and long-term practices.
- To review the internal and external influences in achieving sustainable practices.
- To evaluate how to balance efficiency and sustainability within the organisation.
- To effectively design and create plans detailing personal and organisational goals for sustainability.
- To establish strategies to meet organisation and consumer needs through sustainability.
- To perform financial analysis for energy efficiency proposals.
- To apply project management concepts on energy efficiency projects.
This course is designed for anyone within an organisation in charge of decision making who wishes to make typical functions more sustainable. It would be most beneficial for:
- Project Managers
- Operations Managers
- Energy Engineers
- Finance Analysts
- Business Strategists
- Energy Managers
- Strategy and Planning Directors
- Sustainability Personnels
This course uses a variety of adult learning styles to aid full understanding and comprehension. Participants will review real-world case studies of established businesses to highlight key influences in their transition to sustainable and energy efficient practices.
Participants will be granted ample opportunities to gain a thorough understanding of the taught concepts. Through a combination of discussions, video material, presentations and practical activities, participants will be able to fully develop the practical skills alongside understanding the knowledge. To demonstrate what they have learned, participants will be able to create their own action plans for energy efficiency in relation to their specific roles.
Course Content & Outline
- Different energy profiles regionally and worldwide.
- The major types of energy sources.
- Review the triple bottom line theory and how it’s utilised within a business.
- Aligning sustainability with the triple bottom line.
- The interaction between energy and sustainability.
- Evaluating current trends relating to energy.
- Finding the balance between energy efficiency and sustainability.
- The vitality of effective strategic management.
- How the concepts of strategic management developed over time.
- Porter’s three strategic directions – cost-leadership, differentiation, and focus.
- Environmental analysis – internal and external influences.
- Strategy formulation, planning and implantation.
- Utilise different methods to strategize ways of improving sustainability.
- Defining the meaning of ‘project.’
- The project lifecycle.
- The process of initiation, planning, execution, and monitoring.
- Establishing projects surrounding energy efficiency and sustainability.
- Assessing how sustainable practices will influence the lifecycle of related and unrelated projects.
- Methods of monitoring project performance throughout the beginning and post-execution stages.
- The various sources and types of data in energy business.
- Measuring central tendency.
- Measuring spread and data distribution.
- Utilising different applications to record and track financial data.
- Understanding the marginal cost of energy.
- Balancing financial capabilities with an organisation’s goal.
- Maintaining financial risk management throughout the transition to sustainable practices.
- What processes are involved within the supply chain.
- The evolution of the supply chain.
- Why supply chain management is necessary.
- How sustainability can be integrated within the supply chain.
- Methods of making the distribution and transport processes function at maximum energy efficiency.
Empower your workforce with sustainability training, fostering eco-consciousness and ethical practices in your organisation. Discover the transformative journey toward corporate environmental responsibility.
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