Sustainable Management

Abstract

We are living in the era of sustainable development goal 2030 (SDG). Individual, society, business, and national priorities are aligned within the broader framework of SDG. So, management of organizations, business and non-business alike are expected to follow the trend. All organizations and managers are concerned about how to make management more sustainable, at least normatively, as expected by multitude of stakeholders. Quite well before the SDG in action, the issue of environmentally and ecologically friendly organization and management had been there in practice, which we now call practice of 'sustainability', as a common term to communicate the same. But important change is that what was once a 'good to have' or 'should have', now has become part of the mainstream. Or in other words, organizations and management is under stakeholders' pressure to mainstream the idea of sustainability. This paper deals with that subject matter. The objective is to review the long established and ongoing best practices in the business world or organizational world in the sustainability domain. This review will lead to identify some patterns of practice for others to follow, from a practical point of view. Methodology will be a qualitative review of the practice oriented leading business journals like Harvard Business Review, scholarly pieces from popular media, and sources from leading consulting companies, which document the ongoing 'practice', rather than ongoing 'theories' as in ‘academic' journals. These 'Practices' will be sorted and analyzed, to provide guidelines for others to follow. As a particular emphasis, the paper will attempt to identify 'more feasible and practical' framework relevant to resource constraint organizations located in emerging and developing countries, including Bangladesh.