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Green Management: The prime need for business leaders!

4 mins readUpdated on Dec 15, 2022 04:16 IST

Green management - a concept that involves improving environmental awareness through the usage of energy resources and eco-friendly technologies, reduce and recycle of wastes beginning with sourcing to production to packing and packaging and further, to delivering the products to the end customers.

The organization involved in the operational process need to fully integrate with the environmental goals and objectives that enables them to win over their competitors by creating a niche position and take complete advantage through best practices in connection to disposing or reusing scraps and wastes, take sustainable measures by implementing concepts such as ‘kaizen’ and maintain social responsibility and awareness. By doing so, the organization gains better recognition and goodwill across communities and societies.

The concept revolves around business sustainability without compromising the growth and development of the organization to face the future world, but to gain more advantage to completely take a win over the future market by providing long-term success building goals and solutions. The added advantage of being a business that is focused on green practices is to enhance the work place quality and to maintain the environment at the same time.

Q:   Is ISBR Business School worth it?

A:

ISBR Business School has a good placement record and the highest and average package offered during ISBR Bangalore PGDM placements 2022 was INR 14 LPA and INR 8 LPA, respectively. Moreover, the institute is also approved by AICTE and AIU. The university has been awarded as the “Best Industry Linked Institute (Management)” by AICTE-CII survey for 2 years.

Q:   How is ISBR Bangalore for PGDM?

A:

PGDM is the flagship course of ISBR Bangalore approved by AICTE, Ministry of HRD, Govt. of India. Talking about recognition, ISBR ranked no. 1 under 'New Generation B-Schools of India' in DM B-School Survey. ISBR is ranked as platinum institute -AICTE-CII survey for five years in a row. This places ISBR among top 3% of Indian Management colleges. 

Moving on to the placements offered to PGDM students, the placement rate recorded during ISBR Bangalore PGDM placements 2022 was 98%. Further, the the highest and average package offered during ISBR Bangalore PGDM placements 2022 stood at INR 14 LPA and INR 8 LPA, respectively.

Q:   Is ISBR Business School good for MBA?

A:
ISBR Bangalore was set up under the aegis of Bangalore Education Trust in 1990. ISBR College is accredited by NBA and is approved by AIU and AICTE. ISBR Business School offers PG courses to students across Management, Marketing Management, Data Science & Business Analytics, Finance, and various other streams. ISBR Business School is ranked 80 by The Times 2022 for PGDM. ISBR Bangalore also offers placement assistance to PGDM students. The total fee for PGDM is INR 5 Lacs - INR 12 Lacs.

When an organization avoids or removes certain processes that are dangerous or harmful to the ecological environment, it is generally known to be a green practice.

Let us take Mr.X for example. Mr.X has worked for more than twenty two years in the same organization. When he started working about two decades ago, he and his company used enormous amounts of paper. There were millions of customer letters being sent, invoices that were eight pages long be sent to each customer by the end of each month. Meanwhile internally, several notepads were used by all the employees and the visitors for each meeting and for other general note-making during business hours. Moreover, there were several bundles of paper that came to the backyard daily that were to be shredded and be disposed. With no further explanation, it is clearly seen that his organization was utilizing tonnes of paper on a daily basis.

In the last two years, the organization has taken a major shift in its approach to daily usage of paper and has almost moved to a paperless organization. The decision was made unanimously by all the members in the organization to start being environmentally friendly, and avoid the practice of using papers for daily requirements. The idea was brought in to their system slowly through a recycling program that opened everyone’s eyes on the amounts of papers being wasted by the organization on the whole.

However, today all of their documents are stored and maintained electronically. Customer invoices are sent through emails and notepads are replaced with laptop notebooks for making quick notes and reminders by most of the employees.

Q:   Is ISBR Business School accredited?

A:
Yes, ISBR Bangalore was set up under the aegis of Bangalore Education Trust in 1990. ISBR Bangalore is accredited by NBA (National Board of Accreditation) and is approved by AIU (Association of Indian Universities) and AICTE (All India Council for Technical Education). All the postgraduate courses offered by the college are approved by AIU (Association of Indian Universities) and AICTE (All India Council for Technical Education) and are accredited by NBA (National Board of Accreditation).. .

Q:   Is PGDM available at ISBR Bangalore?

A:

Yes, ISBR Bangalore offers PGDM for a duration of two-years. PGDM is an AICTE approved course offered by the institute. Below are the PGDM courses offered at ISBR:

  • PGDM General
  • Data Science and Business Analytics
  • Product Management
  • Global PGDM-Three Country 
  • PGDM with One Semester Abroad
  • International Study Trip
  • Sports Management

The advantages in the above case are,

  • Being environment friendly
  • Less carbon footprint
  • Simple and efficient approach
  • Reduces overall cost of materials
  • Boosts employee morale and satisfaction
  • Recognition by regulators under environment protection act
  • Paves ways to explore opportunities to reduced wastage in other areas

Green management is the answer when an organization follows practices to avoid processes that affect the environment. Environmental problems need to be kept as every organization’s top priority.

As business educators, ISBR believes in following the best of all practices that are people-friendly and environment-friendly. The adaptation of being environment friendly is followed by all the staff and students inside and outside the campus acting as a reminder to be kind to one another and to the nature, which is clearly our motto - ‘Real World, Real Learning’.

Fig. Green Management’s impact and influence in Business practice

There are several benefits through the adaptation of green management practices in an organization. This could be both short-term and long-term. Let us go through some of these benefits for deeper understanding.

Short-term benefits:

- Better health

- Better discipline

- Recycle and Reuse

- Better perception

- Radiates positivity

- Feel good effect in all the stake-holders, and

- Cleanliness as the result of elimination of wastes and dumps

As the short terms benefits are realized by the employees one after another, the loyalty towards the organization improves. This leads to reduced attrition among the employees and further helps in several administration aspects of the business indeed. As short term benefits get added, it leads into a snow-ball effect resulting in long-term benefits that are as follows.

Long-term benefits:

- Better brand

- Better relationships

- Teamwork in every part of work-life

- Better employee morale

- Best of cost efficiency

- Faster technology upgrades and adaptations

- Less utilisation of energy

- Optimisation of costs, and

- Reduced liabilities for the business

Organizations’ move into green management practices improves the awareness of the brand and its image. The larger community acclaims the firm doing its best to support the environment, and the employees are more positively driven with confidence carrying the company’s vision in their daily living.

To conclude, being socially responsible is everyone’s duty - starting within ourselves, in our homes and in our offices. It connects and builds better relationships across every entity and promotes positivity.

About the author

The article has been written by Dr Veena Shenoy, Professor- HR & OB, ISBR Business School

 

Note: The views expressed in this article are solely author’s own and do not reflect/represent those of Shiksha

About the Author

Shiksha writer

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Answered a month ago

Yes, ISBR Bangalore is a good institute for pursuing a PGDM course if considering the placement opportunities. As per the latest report, the highest and average package offered during ISBR Bangalore placement 2024 was INR 15 LPA and INR 7.5 LPA. The key highlights of ISBR Bangalore placements for th

...more

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Shoaib Mehdi

Contributor-Level 10

Answered a month ago

ISBR Bangalore offers good placements annually for its PGDM, BBA, BCom, courses. The key highlights of ISBR Bangalore placements for the Class of 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Highest package

INR 15 LPA

Average package

INR 7.5 LPA

Total recruiters

180+

Total offers

240

Placement percentage

92%

31734515
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

The following is a list of a few top companies that were a part of the recent placement drive at ISBR Bangalore:

ISBR Bangalore Top Recruiters

Morgan Stanley

Air India

Google

Flipkart

Wipro

Philips

Dell

Decathlon

PwC

TCS

Britannia

Just Pay

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

As per the latest report, the participating recruiters offered over 240 jobs to the students of the batch 2024 during ISBR Bangalore placements 2024. The total number of offers provided during ISBR Bangalore placements 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Total offers

240

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

The ISBR Bangalore average package offered during the 2024 placement drive stood at INR 7.5 LPA. The same is presented below: 

Particulars

Placement Statistics (2024)

Average package

INR 7.5 LPA

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

As per the latest report, over 180 companies recruited at ISBR Bangalore in the academic year 2023-2024. The total number of companies recruited students in 2024 are tabulated below:

Particulars

Placement Statistics (2024)

Total recruiters

180+

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

In today’s VUCA world and ever demanding job market, organizations look for core technical skills, excellent functional skills, learning and managerial skills and exceptional outlook in the young talents. The ISBR Bangalore training modules for students align to the business needs and employer expec

...more

39519231
Shoaib Mehdi

Contributor-Level 10

Answered a month ago

The ISBR Bangalore highest package offered during the 2024 placement drive stood at INR 15 LPA. The following table showcases the ISBR Bangalore highest package offered in 2024 placement drive:

Particulars

Placement Statistics (2024)

Highest Package

INR 15 LPA

39519231
Shoaib Mehdi

Contributor-Level 10