06/05/2020 10.00 (Moscow time) will be one of open popular science lectures by leading scientists of the Southern Federal University, as well as visiting professors of SFEDU.

Professor Dipak Raj Pant (Università Cattaneo - LIUC, Italy) is visiting professors of IMES SFEDU. He will present his view on the impact of Sustainable to Business Management

Sustainability has become the prime concern in policy and management. Resource depletion, environmental degradation and climate uncertainties are affecting public health and livelihoods. Therefore, these issues have gained the urgent and informed attention of civic organizations, businesses, governments and international institutions. From the business management point of view ‘sustainability’ means adding value to the existing assets, and avoiding cost and burden for the future. The strategic imperative of any business entity is to create market value and, at the same time, to ensure the continuity of the firm and its stakeholders’ network, i.e. the business-system. A firm with its business-system may create, temporarily, some market value thanks to its stakeholder network coordination, supply chain management and productivity of each unit involved in the business process. But it can’t ensure continuity without ensuring the integrity of community and territory where the stakeholders are based and where they operate, i.e. the place-system, and without obtaining moral legitimacy from the society at large. Business system must take care of the place-system to ensure value-creation over a long period of time.

Therefore, it is important to focus on the implementation of ‘sustainability’ in everyday management practice. To be ‘sustainable’ the business strategy should go beyond the respect of legality and beyond the corporate social responsibility. It must lead the civil society with a clear ethical intention regarding environment and society. Therefore, it is necessary to put sustainability at the heart of business strategy as cultural leadership of business.

Lecture's language - English.

Stream will be in MS Teams. Link: https://teams.microsoft.com/l/meetup-join/19%3a1b2897a156a04a7695264189a9848664%40thread.tacv2/1588238089167?context=%7b%22Tid%22%3a%2219ba435d-e46c-436a-84f2-1b01e693e480%22%2c%22Oid%22%3a%226148f5a9-a3d5-4c28-b8c5-dab822c37e37%22%7d

If You are a member of Southern Federal University, You could join to the group "Open popular science lectures_IMES SFEDU":

1. Link to the group - https://teams.microsoft.com/l/team/19%3a1b2897a156a04a7695264189a9848664%40thread.tacv2/conversations?groupId=5b5a18f2-6537-4650-a5b0-fa06baad34d9&tenantId=19ba435d-e46c-436a-84f2-1b01e693e480

2. Code to the group - ln1suha

If You are not from Southern Federal University and don't have account in MS Teams You should connect to the stream from browser - https://teams.microsoft.com/l/meetup-join/19%3a1b2897a156a04a7695264189a9848664%40thread.tacv2/1588238089167?context=%7b%22Tid%22%3a%2219ba435d-e46c-436a-84f2-1b01e693e480%22%2c%22Oid%22%3a%226148f5a9-a3d5-4c28-b8c5-dab822c37e37%22%7d

If You have any questions about participation, please, write to this email - ekzashitina@sfedu.ru