A sustainable future is no longer a choice nor an option, it is a necessity. The new generations of managers will have to rethink business practices to permit a sustainable impact on the environment, on economic development, and on society at large.
The origins of sustainability can be found in ecology, where sustainability is described as the way how biological systems remain diverse and productive. Examples for sustainable biological systems are long-lived and healthy wetlands and forests. In general terms, sustainability is the endurance of systems and processes.
The organizing principle for sustainability, is sustainable development, which includes the four interconnected domains, ecology, economics, politics and culture. Sustainability science is the study of sustainable development and environmental science. Sustainable management is needed because it is an important part of the ability to successfully maintain the quality of life on our planet.
Sustainable management takes the concepts from sustainability and synthesizes them with the concepts of management. It creates the ability to keep a system running indefinitely without depleting resources, maintaining economic viability, and also nourishing the needs of the present and future generations. From this definition, sustainable management has been created to be defined as the application of sustainable practices in various sectors and even in personal life by managing them in a way that will benefit current generations and future generations.
We engage in the ability to keep a system and organizations running indefinitely without depleting resources, maintaining economic viability, and also nourishing the needs of the present and future generations. We are trying to apply sustainable practices through our activities to all aspects of our lives. For example, the practices of a business should be sustainable if they wish to stay in businesses, because if the business is unsustainable, then by the definition of sustainability they will cease to be able to be in competition. Communities are in a need of sustainable management, because if the community is to prosper, then the management must be sustainable. Forest and natural resources need to have sustainable management if they are to be able to be continually used by our generation and future generations. Our personal lives also need to be managed sustainably. This can be by making decisions that will help sustain our immediate surroundings and environment, or it can be by managing our emotional and physical well-being.