Water Risk For a $5 Trillion Industry

Water Risk For a $5 Trillion Industry

October 6, 2017

Article Title: Nestle, Coca-Cola top list of companies disclosing water risk

Author of Article: Anya Khalamayzer

Date of article: September 14, 2017

Source URL: https://www.greenbiz.com/article/nestle-coca-cola-top-list-companies-disclosing-water-risk

Summarizing the key points from the 2017 Feeding Ourselves Thirsty report, this article relates specifically to OM in that it identifies a shortage of water and pollution of water as a risk to the sustainability of operations in the $5 trillion food and agribusiness industry. This risk is not just operational, but reputational, and has marketplace, regulatory, and litigation risks attached to it.  Nestle and Coca Cola earned the highest scores for their water risk management programs, while Chiquita earned only 1 point, given its lack of transparency.

Discussion Questions
1. Examine all the ways in your personal and professional life, you either consume or come in contact with items that consume water in the manufacture of them. Discuss what impact a shortage of water would have on you and the products both personally and professionally.

Guidance: This open-ended question can be used to encourage class discussion in process management, process improvement, ethics, productivity, product redesign, triple bottom line, corporate social responsibility, and sustainable supply chain.

2. Discuss what your Continue reading

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Steelcase Runs Circles Around Waste

Steelcase Runs Circles Around Waste

October 1, 2017

Article Title: How Steelcase’s Initiatives Support a Circular Economy

Author of Article: Mallory Szczepanski

Date of article: September 6, 2017

Source URL: http://www.waste360.com/waste-reduction/how-steelcase-s-initiatives-support-circular-economy

An estimated 8.5 million tons of furniture waste goes to landfills annually. According to Steelcase, the root cause is “an economic model that is built on taking, making, and throwing away.”  This Grand Rapids, Michigan furniture designer and manufacturer is looking for ways to enhance an organization’s bottom line, and open up new ways to conduct business.  Their Eco-Services and Phase 2 programs help companies evaluate their furniture inventory for opportunities to reduce, reuse and recycle.

Discussion Questions
1. What are the benefits to companies of participating in the Eco-Services or Phase 2 programs?

Guidance: Discuss the concepts of triple bottom line/sustainability, of waste management, leaning a business.

2. How could the Steelcase initiatives be applied to other business uses?

Guidance: A great opportunity to re-imagine/brainstorm ways to repurpose waste or excess inventory. Steelcase has found a way to turn the concept of reducing furniture waste into a business opportunity.

3. What is the tipping point for you or your organization to pay more for products that have a positive Continue reading

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