Corporate titles or business titles are given to company and organization officials to show what duties and responsibilities they have in the organization. Such titles are used publicly and privately held for-profit corporations. In addition, many non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles.
The chief executive officer (CEO), or just chief executive (CE), is the most senior corporate, executive, or administrative officer in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations. The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc.
Sustainable management takes the concepts from sustainability and synthesizes them with the concepts of management. Sustainability has three branches: the environment, the needs of present and future generations, and the economy. Using these branches, it creates the ability of a system to thrive by maintaining economic viability and also nourishing the needs of the present and future generations by limiting resource depletion. From this definition, sustainable management has been created to be defined as the application of sustainable practices in the categories of businesses, agriculture, society, environment, and personal life by managing them in a way that will benefit current generations and future generations.
The triple bottom line is an accounting framework with three parts: social, environmental and financial. Some organizations have adopted the TBL framework to evaluate their performance in a broader perspective to create greater business value. Business writer John Elkington claims to have coined the phrase in 1994.
Corporate social responsibility is a type of international private business self-regulation. While once it was possible to describe CSR as an internal organisational policy or a corporate ethic strategy, that time has passed as various international laws have been developed and various organisations have used their authority to push it beyond individual or even industry-wide initiatives. While it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organisations, to mandatory schemes at regional, national and even transnational levels.
The World Business Council for Sustainable Development (WBCSD) is a CEO-led organization of over 200 international companies. The Council is also connected to 60 national and regional business councils and partner organizations.
Social responsibility is an ethical framework and suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems. A trade-off may exist between economic development, in the material sense, and the welfare of the society and environment, though this has been challenged by many reports over the past decade. Social responsibility means sustaining the equilibrium between the two. It pertains not only to business organizations but also to everyone whose any action impacts the environment. This responsibility can be passive, by avoiding engaging in socially harmful acts, or active, by performing activities that directly advance social goals. Social responsibility must be intergenerational since the actions of one generation have consequences on those following.
Sustainable business, or a green business, is an enterprise that has minimal negative impact on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line. Often, sustainable businesses have progressive environmental and human rights policies. In general, business
is described as green if it matches the following four criteria:
- It incorporates principles of sustainability into each of its business decisions.
- It supplies environmentally friendly products or services that replaces demand for nongreen products and/or services.
- It is greener than traditional competition.
- It has made an enduring commitment to environmental principles in its business operations.
Corporate behaviour is the actions of a company or group who are acting as a single body. It defines the company's ethical strategies and describes the image of the company.
Export Development Canada is Canada's export credit agency and a state-owned enterprise wholly owned by the Government of Canada. Its mandate is to support and develop trade between Canada and other countries and Canada's competitiveness in the international market-place.
EDC products and services include trade credit insurance, export financing for Canadian companies and for their foreign customers, bonding solutions, international market expertise, as well as information on opportunities in international markets.
The following outline is provided as an overview of and topical guide to management:
Sims Metal Management Ltd is the leading metals and electronics recycling company in the world. The company specializes in ferrous and non-ferrous metals recycling, post-consumer electronic goods recycling, and municipal waste recycling. Founded in 1917, its primary operations are located in the United States, Australia, and the UK.
The chief governance officer (CGO) is normally a senior vice executive reporting to the CEO, however in the not-for-profit sector when an organization uses Policy Governance the Chair of the Board often takes on the role of CGO, who is tasked with directing the people, business processes and systems needed to enable good governance from inside the corporation in support of the board of directors. In some geographies the role is assumed by the chief counsel, in others by a corporate or company secretary.
Sustainability organizations are (1) organized groups of people that aim to advance sustainability and/or (2) those actions of organizing something sustainably. Unlike many business organizations, sustainability organizations are not limited to implementing sustainability strategies which provide them with economic and cultural benefits attained through environmental responsibility. For sustainability organizations, sustainability can also be an end in itself without further justifications.
The Gies College of Business Instructional Facility (BIF) is a $60 million, 160,000 sq ft (15,000 m2) state-of-the-art business facility designed by Pelli Clarke Pelli Architects located on the Champaign campus at the University of Illinois at Urbana–Champaign (UIUC). The facility is home to numerous classrooms, career development and academic counseling centers, student program offices, a recruitment suite, a 300-seat auditorium, and a spacious study area for students. Rafael Pelli, a partner of Pelli Clarke Pelli Architects who was the project principal for the Business Instructional Facility, explained in an interview on October 17, 2008 that the purpose of this building is to serve as "a sense of place, a community, a center to the College of Business". The 'U'-shaped building consists of a large commons area, furnished mainly with wood, with a prominent glass curtain wall on the south side of BIF facing the courtyard formed by the 'U' shape. The building is the first business facility at a public university in the world to achieve a platinum certification through Leadership in Energy and Environmental Design (LEED), a U.S. Green Building Council rating system used to measure the sustainability in construction, and is the first building on the UIUC campus to achieve a LEED certification. The noteworthy 'green' elements of the Business Instructional Facility include solar panels, a green roof, and an energy-efficient cooling and heating system. The combined 'green' initiatives are expected to produce savings of $300,000 per year in comparison with traditional classroom buildings on the UIUC campus.
Executive Order 13514 is an Executive Order titled Federal Leadership in Environmental, Energy, and Economic Performance which U.S. President Barack Obama issued on October 5, 2009. EO 13514 was replaced by Executive Order 13693, titled Planning for Federal Sustainability in the Next Decade, issued by Obama on March 19, 2015. The Office of the Federal Environmental Executive, which is housed at the Council on Environmental Quality within the Executive Office of the President of the United States, oversees policy, guidance, and implementation of the sustainability Executive Order.
Traditionally, market orientation (MO) focuses on microenvironment and the functional management of an organisation. However, contemporary organisations have widened their focus to incorporate more roles, functions and emphasis on the macro environment. Firms have been concerned with short run success and often not taken into account the long-run ecological, social and economic effects from their activities. Despite growth in the MO concept, there is still a need to reconceptualise the concept with a greater emphasis on external factors that influence a firm.
Social accounting is the process of communicating the social and environmental effects of organizations' economic actions to particular interest groups within society and to society at large. Social Accounting is different from public interest accounting as well as from critical accounting.
Corporate Environmental Responsibility (CER) refers to a company's duties to abstain from damaging natural environments. The term derives from corporate social responsibility (CSR).
