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  • Sustainability: New Horizons for Entrepreneurs

    Posted on April 6th, 2009 admin 15 comments
    Valparaiso University (see announcement below) is jumping on the “Sustainability” band wagon by introducing an extension to their MBA Program. What’s being attempted via “sustainability,” is a tuning of environmental concerns with reduction of costs in a firm’s supply chain. Readers of this blog better get on board this freight train. Under recent government “incentives,” there is a humongous push that will put relentless pressure on energy costs, as well as much more than lip service paid to environmental concerns. This puts companies in a box so to speak, and “sustainability” is in line to become the new ISO standard of the future.

    Local firms have already jumped on this bandwagon. Our local SIA plant [mentioned in the email below] is way ahead of the curve in this area. Browse their link for details. Frito-Lay’s Modesto, California plant recently was highlighted in an insert into this month’s National Geographic which was very interesting reading. One of the more interesting aspects of Frito-Lay’s sustainability efforts is the capture of moisture given off in the cooking of potatoes for chips. Potatoes are 80% water. Through unique recovery technology, Frito-Lay in essence is using the potatoes to wash themselves.

    ISO 14001, mentioned in the announcement below, is the international specification for an environmental management system. You’d better know about it, what’s going on in related energy areas [cap and trade for instance], and how to position your entrepreneurial skill set accordingly. Hank

    Dear Prospective
    Student:

    Valparaiso Universitys Graduate Business School is introducing
    its new MBA PLUS program.  Beginning fall 09, VU is offering a Center of
    Excellence in Sustainability.  The designation will be available to students who
    are willing to spend an additional semester, after completing the standard MBA
    requirements, to focus on topics, case studies and field projects in
    Sustainability.  VUs MBA program was selected by the United Nations in the fall
    of 2008 to be a member in the UNs Matchmaker program. The program matches
    selected universities to be part of an environmental audit of businesses
    submitting a voluntary report encompassing its environmental impact, social
    responsibilities initiatives, and labor practices throughout its supply
    chain.

    Students study new technologies and innovations that improve our
    environment while also increasing the bottom line.  Companies such as Subaru,
    Interface, Inc. and Nucor Steel are converting waste into profits and pushing
    sustainability down the supply chain.  Our students learn from what has been
    accomplished and apply these (and new techniques) to real companies hoping to
    attain similar successes.

    The January, 2009 issue of Industry Weekly
    estimates 5 million new jobs in the alternative energy field in the next ten
    years.  Twelve hundred US CEOs will require the implementation of ISO 14001
    standard to their entire supply chain in addition to their own companies,
    according to the January, 2009 issue of Mechanical Engineering Journal.  The
    Journal of Commerce reports in their January, 2009 edition that Wal-Mart will
    require its global supply chain to develop and implement Sustainability
    standards.

    Green has moved from tree-hugging to business.  Maintaining
    the sustainability of our planet will require new business strategies that clean
    our current practices while strengthen the health of our economy.  Our challenge
    will be to teach the entrepreneurial skills necessary to grow this new market
    and ensure its success by combining strong business principles with our Values
    Based Leadership.

    The program is taught by business consultants,
    engineers, legal professionals, and academic researchers.

    Topics
    include:
    New Technologies
    Managing Sustainability
    ISO 14001
    Global
    Reporting Initiative
    EPA
    Governments Role
    Kyoto Conference
    Market
    Forces
    CO2 Credits
    Case Studies
    GRI Auditing
    Field Projects with
    Real Companies

    Classes begin August 24!  Don’t miss this opportunity to
    advance your career!

    For admission requirements, call me at (219)
    465-7952 or go to


    http://www.valpo.edu/mba/admissions.php to fill out your application
    today!

    Cindy A. Tuholski, MBA Alumnus
    Assistant Director,
    Graduate
    Programs in Management
    Valparaiso University
    Valparaiso, Indiana
    46383

    Telephone: (219) 465-7952
    Fax: (219) 464-5789
    Email: Cindy.Tuholski@valpo.edu

     

    15 responses to “Sustainability: New Horizons for Entrepreneurs”

    1. Vincent Witzel

      This whole idea is making me look forward to next semester’s Supply Chain Management class even more. I’m sure there’ll be plenty of areas where the sustainability issue can be raised. The governmental push is definitely making me wonder if we will soon have the aforementioned ISO ‘Sustainability Management System’ certification.

      FYI, there was a small typo in the blog entry: the environmental management system follows ISO spec 14001, not 40001 :-) . [Thanks! My bad. Corrected. Hank]

    2. Spencer McKee

      This sounds like a cool new program. It seems like only having to stay one extra semester definatly makes it worth it.

    3. Trisha Delsart

      I think this is a great option to offer especially with the direction all businesses will to need to operate with in the future. I hope Purdue adds something like this!

    4. Sikhanyisiwe Nkala

      This is really cool especially just for spending one semester. If Purdue were to do this I would definetly be staying one more smester. Thats an amazing program.

    5. Lauren Withers

      I think that it is a really good opportunity for students. Hopefully Purdue will do this in the future so students can take advantage of the opportunity.

    6. I think that this would be a great idea, and I believe that many students would be interested in becoming involved in the program. As far as Purdue goes…Its possible depending on the success of the program.

    7. I think for only having to spend one semester on this, it would be worth it. It seems this program would be useful and many students would most likely benefit from this good opportunity.

    8. Devarshi Patel

      It’s a great piece of information for entrepreneurs who want to start a technological venture that involves manufacturing..
      Also at Purdue there is a course ME597 offered this fall regarding Sustainable manufacturing… sounded really interesting…
      check out mypurdue for more details.

      good luck

      999

    9. I echo what many are saying. I think it would be great if Purdue decided to create a program such as this. Even if it would take an extra semester, the benefits seem to outweigh the negatives. THis would be such a great opportunity. I look forward to see if this program becomes available.

    10. Michelle Miller

      Like everyone else said, this does sound like a good opportunity for students. I wonder how many students Valpo will have taking advatage of this. It did say that you had to have a MBA already so maybe this could push more students to get their masters that wouldn’t normally. It would be nice if Purdue got a program like this soon. They could even maybe take a tour of SIA and see how exactly they are turning their waste into profit.

    11. Stach Hazzard

      Purdue needs to investigate and do this program. It would be awesome if they did it, because it’s a good opportunity for students. I would like to see how popular it becomes with the students after they have completed it.

    12. Katie Robinson

      I think that this is a great idea for Purdue to get into like everyone else has been saying. I hope that Purdue does it even if it does take an extra semester to get done.

    13. Mike Dieckmann

      Sure would be nice if purdue had something similar. and not only for entrepreneurs but for anyone to take. In one way or another i think it will affect everyone job and it can never hurt to be educated on the subject and may show a company that you are innovative and forward thinking. Could be a big help to alot of students regardless of major.

    14. It is odd to think this is happening in our backyard.

    15. It would be exciting to see something similar here at Purdue University but I agree with Mike that everyone should take advantage here, not just entrepreneurs. It is something worth getting information on, and it will somehow impact everyone’s jobs.

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