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EMS Topic 5 Linking Environmental Management with Business Strategy -…
EMS Topic 5 Linking Environmental Management with Business Strategy
Introduction
In order to do business in some markets, such as Japan and the European Union (EU), an organization must have an Environmental Management System (EMS).
Implementing an EMS provides a competitive edge as more customers and business partners become environmentally concerned.
As a result, it is critical to integrate environmental management into corporate planning.
Strategy
How can the company outperform the competition in such markets?
What resources, such as skills, assets, cash, relationships, technical expertise, and facilities, are needed to compete?
Which markets should a company compete in, and what kinds of activities should they engage in?
What external, environmental elements have an impact on a company's capacity to compete?
The direction of the business.
What are the values and expectations of persons in positions of authority in and around business? Consider the stakeholders.
Synergy
Synergy is a state in which two or more agents, entities, factors, processes, substances, or systems work together in a particularly fruitful way that produces an effect greater the sum of their individual effects.
For example, two (or more) employees who excel together but are ordinary when working alone are said to have synergy.
Benefits of Environmental Management Strategy
More supplier and client demand this strategy as a standards for business relationship
Economic benefits for hotel by reducing cost and focus on having specific objective and realistic goal together to achieve better efficiency
Enhances Hotel publicity and attract more business opportunity from environmental conscious consumers
Tourists seeking assurances they are supporting an operation that works to protect the environment represent a growing segment of the tourism market.
Strategy at Different levels
Business Unit Strategy
It is concerned with strategic decisions on product selection, satisfying customer requirements, establishing a competitive edge, exploiting or generating new possibilities, and so on.
Concern more on an organization's competitive position in a market.
Operational Strategy
Operational strategy therefore focuses on issues of resources, processes, people etc.
Concerned with how each element of the organization is organised to give strategic direction at the corporate and business-unit levels.
Corporate Strategy
Since investors heavily influence strategic decisions within the business, it is an important level.
Corporate strategy is often stated explicitly in a "mission statement".
Concerned with meeting stakeholder expectations in terms of the overall purpose and scope of the business.
Synergy of linking environmental management with business strategy
Staff Suitability
Partner with Authority and Other companies
Will have good relations as share same goals
New Business Opportunities
Having an environmental management system facilitates corporate collaboration since both parties share the same viewpoint on environmental management.
International Certification
Able to get ISO 14001 and Green Globe 21
Able to improve corporates publicity and image
SEE NOTES FOR Examples of companies That have achieved outstanding achievements in reducing packaging waste
REFER NOTES ON Case Studies On Buildings That Have Environment Management System