The following essay question was part of the Fellowship Opportunity offered by The Lewis Institute. The fellowship is linked to Babson’s mission to shape leaders with a strong business foundation and entrepreneurial mindset.
Essay
Why do you think it is important for Babson to graduate its student with a
basic literacy around the UN sustainable Development Goals? How are
these goals relevant to business? How are these goals relevant to your own
lives?
Sustainable Development is the development practice that meets the needs of the present, without compromising the ability of future generations to meet their own needs. In simplicity, Sustainable Development revolves around the key concept of needs and wants. In today’s world and age where everything is easily accessible owing it to technology; us, humans have developed the ability to convert our needs into wants and further into desire and demand. But we are blindly overlooking how this will affect us and the environment in the long run. By providing Babson students with the basic literacy around the UN sustainable goals, we are educating them about the requirement of the present and the future. How their decisions now will affect the future generation. When educational institutes ensure such education accessible to everyone, a quiet revolution is set in motion as the education becomes the engine of sustainable development and a key to the better world. By educating students about UN sustainable goals we are directly contributing to Goal 4 i.e Quality education.
Sustainable development is the amalgam of social progress, economic development and environment. From business point of view, everything we develop initiate from natural resources. As we are depleting very fast on these, the competition in the market is increasing. Understanding these progressively, organizations from all segments are confronting and adjusting to a scope of problematic powers counting globalization, expanded urbanization, extreme competitiveness for crude materials and normal assets and an upset in innovation that is testing the plans of action of numerous areas while constraining all organizations to be more responsible to, and straightforward with, every one of their partners.
Therefore, manageability is moving from the corporate sidelines into the standard. Confronted with a fate of indeterminate vitality costs, approaching control on carbon discharges, worries about access to crude materials and the accessibility of normal assets like water, organizations everywhere throughout the world are awakening to the truth that ecological manageability is a key thought. In the meantime those same organizations are going under more prominent investigation about their part in the public arena. Fueled by the blast in online person to person communication, buyers, NGOs, the media and their own representatives are considering organizations responsible about their treatment of specialists, the sourcing and nature of their items and their corporate culture. As organizations explore this questionable business scene, having a strong vision of ecological and social maintainability will enable them to grow new models for development and chances to be item, administration and market pioneers. So there is no better time for the Assembled Countries to dispatch its Feasible Advancement Objectives (SDGs) – a guide for good business development for the following 15 years.
Every small step contributes to achieve the bigger target. By understanding these goals myself, I am able to contribute by understanding what I buy, how it is produced and selecting the products that are recyclable. not limited to this only, we must also focus on paving the way for everyone in having equal opportunities to education, safety, food and medicine. We, at Babson are the future workforce, we are the torchbearers of tomorrow and we need to understand what is needed to achieve the goals.
Mission MBA 