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WELCOME
NATURAL RESOURCE
MANAGEMENT & SUSTAINABLE
DEVELOPMENT: Some Observations
5/24/2017
Prof. Ranjan Kumar Bal
1
SUSTAINABLE DEVELOPMENT
 Meets
the needs of present generation
without compromising the ability of
future generations
 Minimum
 Maximum
environmental impact
value addition for
Customers/Society
5/24/2017
2
NATURAL RESOURCES MANAGEMENT
 Environmental
Resources Management:
Climate Change – Natural Hazards
 Air Resources Management
 Water Resources Management
 Wildlife
Management
 Forestry
 Soil Conservation
India
is 7 times behind China.
5/24/2017
3
NATURAL RESOURCES
MANAGEMENT – Cont.
 Efficient
& Effective Deployment:
Cost-Benefit Analysis
 Planning, Controlling & Managing to
achieve 100% resource utilisation
 Match: Demand Vs. Supply
INCLUSIVE GROWTH
5/24/2017
4
ST
21
CENTURY
 Trust
-Transparency Gap
 Information provided Vs. Information
needs of Stakeholders / Society.

Trust-me Culture

Tell-me Culture

Show-me Culture
Osama
5/24/2017 Bin Laden wanted to become a manager !!5
Research Findings:
KPMG study: On “Measuring Performance of
the Organizations of the Future”
“Over-reliance on summary financial
performance measures (Viz. ROI) was
hindering an organization’s abilities to
create future economic value.”
FINDING:
More Natural Resources =
Less Economic Development
5/24/2017
6
RESEARCH FINDINGS
 McKinsey
& Co: 400 Firms
“The environmental challenge is
one of the central issues of the 21st
century.”
 World
Economic Forum: 650 Executives
“Environment is the most important
challenge affecting business.”
5/24/2017
7
Social
Economic
Triple
Bottom
Line
Environmental
5/24/2017
8
TBL or Sustainability
for measuring performance
 Single bottom line to Triple bottom line
 Shareholder-oriented accounting to
Stakeholder-oriented accounting
 Framework
3
Ps: Profit,
5/24/2017
Planet & People
9
SOCIAL BOTTOM LINE
 Organisation’s
impact on society
 Public health & Community Dev.
 Skill & Education
 Social justice & Human Rights
 Trust, Integrity & Teamwork
 Labour practices
 Product Responsibility
5/24/2017
10
ENVIRONMENTAL
BOTTOM LINE
 Efficient
use of natural resources
 Efficient
environmental mgt.
 Renewable
5/24/2017
natural capital
DISASTER MANAGERS
11
ECONOMIC BOTTOM LINE
Economic
profitability
Employment generation
Market creation
Financial capital &
Physical capital
5/24/2017
12
WHY SUSTAINABILITY ?
of Environmentalism
 Climate Change & Natural Hazards
 Relationship with Communities
 Growth
5/24/2017
13
SUSTAINABLE ENTERPRISE
Makes resource-efficient products
 Minimum environmental impact
 Maximum value to stakeholders


Adding value to society.
5/24/2017
14
Sustainability :Challenges
 Management
& maintenance of
economic, natural, social capital
 Create
“win-win” situation: Social &
Environment friendly
Climate Change – Natural Resources –
Inclusive Growth
5/24/2017
15
CHANGE
Change is the only constant in to-day’s
world.
“Vasudheiba Kutumbakam.”
INNOVATIVE STRATEGY
5/24/2017
Awareness & Education
16
“Earth provides enough to
satisfy everyone’s needs,
but not everyman’s greed.”
-GANDHIJI
Self Discipline
5/24/2017
17
Writings on the Wall:
“ACT NOW or GET READY TO
BE A PART OF HISTORY.”
THANK ‘U’
5/24/2017
18