Page 72 - Management Digest Udyama Vol 1 Isuue 2

Sustainable Development in

Education

Is it Imperative for Business Students?

Economic development was
the prime objective of the
nations over the centuries, but
as a consequence, the failures
of the eco-logical balance
were experienced as a bitter
truth over the last 50 years.
Subsequently, the global
community has embarked on the
path of Sustainable development
as a way out, but the lack of
consciousness of decision-
makers has hampered the
progress of the implementation
of those approaches at national,
institutional, and corporate levels.

The students of the business
schools and graduates from
business faculties suppose to
occupy managerial positions at
an early stage of their carrier
compared to the engineering
and applied science students.
Nevertheless, business students
typically follow limited subjects
under the theme of sustainable
development in most of the
educational institutes in the However, the circumstances have operational level, whereas the
developing world. The main been changed in the last two tools usable at the strategic level
reason behind this is most of decades. It was realized by the pave the way for bringing
the conventional concepts, new millennium that the entry the changes along the supply
tools, techniques developed of sustainability concepts at the chain adjusting the business
for realizing the Sustainable strategic level of the businesses strategies. During the first
Development goals are applicable could generate an impact of at decade of the 21st century, the
at the operational level in the least 3 folds compared to the corporate giants in Europe went
organizations, and those tools application of the operational for the implementation of
are supposed to be handled with level tools such as Green Eco-innovation as a sustainability
the technical level capacities. productivity, Cleaner Production, tool to develop new business
Therefore, those subjects have etc. The reason behind this models based on new business
been predominantly included is such conventional tools strategies which were having
in curricular of engineering and are calling for technical level sustainability in the core of the
science streams. improvements mostly at the businesses.

70 September 2021