Are you stressed? Here are 5 ways how to cope with stress

11 April, 2021 ∙ By Vidhi Kapoor ∙ 6 Comments

I cannot stress enough (pun intended) that stress is part of everyone’s life, in one way or another: it is the proportion that differs.

We all are different and handle stress in different ways.

I recently moved from one province to another. Trust me, it was more stressful than moving countries as I did almost four years back. I stopped to think, why? I was venturing out onto an unknown territory in both cases, I knew one or a few friends and family there, and it was a new challenge in my life. Then what was different, I wondered. Upon analysing the situation, I came to an interesting conclusion. There were a few things that were different in the first case: 1. I was more willing/open to change 2. I was mentally better prepared 3. I was young(er). (But does that matter? Check out our blog: Age is just a number) 4. I had greater acceptability for risks 5. The fear of the outcome was significantly less/or none at all.

By definition, stress is a feeling of physical, psychological, or emotional tension. It can originate from stress-causing factors or stressors; that makes you feel nervous, angry, or frustrated. The feeling of stress that continues even after the stressor (the event or the thought) is gone becomes anxiety. The body, as a result, requires immediate attention. And like I said before, it’s one’s response to stress, and it is stress management that makes a big difference to their well-being.

Types of stress

There are two types of stress:

Acute stress: acute stress refers to situational events relating to the present or near future. These can be small everyday situations like meeting a deadline, getting late to work or missing an appointment. Better time management can help you become more resilient towards acute stress.
Chronic stress: when you are exposed to high-pressure situations for prolonged intervals, it leads to chronic stress. This may lead to other symptoms of stress such as depression and anxiety.

The stressors can be of three types:

Routine stress such as work-related stress, studies, financial stress, etc.
Unexpected stress like change in location, job
Traumatic stress that results from an accident, social, economic, or environmental disaster, etc.

Financial stress is a kind of routine stress

And I think that some stresses just fall under all the above three categories. For instance, Covid-19 that started as traumatic stress, has seeped into our lives as routine stress.

We live in a very dynamic, ever-changing, highly competitive world with an information overload through various media including social-media. In the concrete jungle we live and work in, living in stress has become a new normal, and it’s down to ‘survival of the fittest. Because more than what stress you have, how you manage it is more important. Here are five ways how one can manage stress.

5 strategies to cope with stress

Time Management

I believe the key to a successful and efficient life is better time management. Most of our stresses that lead to more tensions can be warded off simply by managing your time more effectively. This is true in any part of our lives. If you are following our #DILO series – A day in the life of an RKC Student, you have noticed that all the RKC students and alumni trust that better time management is essential for work-life balance and successful completion of the master’s programme. Also, check out our blog on time management.

Yoga & Exercise

Set a routine that allows some exercise, a physical activity, going outdoors, or follow a sport. There are several forms of yoga such as hot yoga, power yoga, Iyengar yoga, Bikram yoga, and many more. Exercise and/or yoga relieve your mind and body from mental and muscular stress. It balances hormones and reduces stress.

Meditate

Quiet your mind from unnecessary thoughts

As I mentioned before, stress is caused by an event or thought – the stressor. It is, therefore, necessary to quiet your mind and free it from unnecessary thoughts. Meditation has proven to be an effective tool in managing stress and leading a stress-free life.

Eat healthily

Prepare a meal plan and avoid processed foods

Eating healthy should be a lifestyle you choose to live. In today’s world, everyone is rushed and mindlessly following the rat race from morning till night, meeting deadlines, jobs, handling personal responsibilities, relationships. There is no time to eat, let alone eat a healthy meal. Just a quick grab fast food has become a lifestyle for many. Eating a healthy balanced diet helps to develop a strong immune system that helps in dealing with stress. Prepare a meal plan for the week and buy the ingredients. While healthy eating planning can be daunting, it can be easily managed by prepping for a week or few days in advance. Prepare home cooked meals with fresh vegetables and fruits and avoid the processed foods. You may also want to cut down on sugar and artificially flavoured drinks and watch out fo the portion sizes.

Talk and share

If you feel stress symptoms, don’t be wary about sharing your feelings with friends, family, or colleagues. Often we realise that we are not the only ones dealing with stress, Vent off some steam now and then and that helps too.

While it may seem like stress management can be stressful, the above five ways prove to be simple yet effective means to cope with stress. It is essential to take care of your well-being.

Stressed about which masters programme you should pursue, how online education works, or what the application process is? Don’t worry, we got you. Talk to our advisors today on WhatsApp to get answers to these questions.

Age is just a number! It is never too late to learn.

3 April, 2021 ∙ By Sahil Devasia ∙ 10 Comments

I went all the way from kindergarten to MBA without a break. I am sure there are a lot of you out there who might have done the same. Looking back, I began to realise that I did not value the education I got. I don’t think it was even the education I wanted.

On the other hand, I know that a vast majority of people in this world are not as blessed as I was and don’t even have access to basic education. Whatever the reason people miss out on an education – social, cultural, economic, familial responsibility, geographical, political, etc., it is never too late to get an education, especially if you are driven for success.

Human beings have started to live longer lives now than at any time in our history – the miracle of modern technology. We try our best to shorten our lives – global warming, deforestation, polluting the planet, genetically modifying food (there are both pros and cons here), hunting animal species to extension, wars, etc. Still, we find ways to work around these self-created issues and extend our lives. This means gone are the days when you could retire at 60 and hope to live out the rest of your days in peace and happiness. Today, you will most likely run out of money.

Celebrating RKC 2018 Graduates @ York St John University

I have started this blog by listing three points that I feel are relevant to why mature students go back to school:

Got yourself a degree that is not in line with your dreams or career growth path
Did not get the education that you think you deserved (due to reasons out of your control at that time)
Need to stay relevant and competitive in today’s work environment by adding value to yourself

Once you have decided to go back to school, there are several points you have to consider. Ask yourself:

Which programme works for you? Which will add the most value to you?
What certificate do you want to get – bachelor/master’s degree, professional certification, etc.?
Do you want to study full-time, part-time, or online?
From which university do you want your degree and why?
Work-Family-Education balance, can you do it and how?
How much do you want to spend? Can you make space for the programme in your budget?

So, you have decided on your budget, the programme, the university, worked out a study plan and budgeted for the additional expense. But now, there are a few more challenges or fears that have cropped up, and you are not alone. The following are four challenges/fears that most mature students face and suggestions for overcoming them.

Learning to learn again: While it might be a few years since you last studied, you haven’t been wasting your time. You have been learning your job and gaining confidence and proficiency in it. Use this confidence to get back in the groove of learning; it is like riding a bike, you never forget. And the fact that you are back to learning as a mature student speaks volumes for your motivation. Also, you won’t be the only mature student – work together as a group to overcome your fears.
Fear of assignments: Assignments can be daunting. Researching, referencing, planning, writing, and submitting a 5000-words assignment on time can scare anyone, especially if you have never done it before or if it has been many years since you last had to do it. The fact is, like any skill, assignment writing can be learnt. Maybe do a short course on how to research and write an assignment before joining the programme, or if that is not an option, you can find plenty of “how-to” videos online. Ask your professors for help and pro-tips – that is one reason they are there, to help. Ask your fellow students how they do it. But at the end of the day, the only way to gain proficiency in any skill is to do it.
Work-Family-Education balance: In my opinion, this is the one point that will constantly be a bother. You start with a plan, but like Field Marshal Helmuth Karl Bernhard von Moltke said, “no plan survives first contact with the enemy”. So, keep an eye on the situation and evolve your plans accordingly. Life is change, adapt or get left behind.
Don’t have the skills: This may or may not be accurate, but if you think like this, then what you don’t have is confidence. Remember, all skills can be learnt, which is why you are here to learn. You have work and life experience, which typical on-campus, fresh-out-of-school students might not have. Use it, you will find you are more skilled than you think. And always remember, this was your choice, you are already more motivated than most to do well.

Gregory Foster, one of RKC’s mature students who graduated from the University of Cumbria with an MBA in Leadership and Sustainability, received the university’s Postgraduate Student of the Year prize in 2018

Don’t forget your motivation for choosing to learn again. Choosing to become a mature student.

If you have chosen to learn, then Chat LIVE on WhatsApp with one of our Education Advisors for more information on all the management and business law programmes we offer (Bachelor and Master’s degrees) and the application process. I hope to one day be able to feature your story on our blog!

#DILO (A day in the life of) a master’s student – Andy W

6 February, 2021 ∙ By Sahil Devasia ∙ 4 Comments

Continuing with our blog series bringing you answers to some of the questions we at Robert Kennedy College (RKC) get frequently from students who are looking to join one of our online programmes. We asked some of our past and current students to share their thoughts and opinions, to give their feedback on how they handled online learning challenges. Hopefully, this will in turn help you make an informed decision.

Blog series on ‘a day in the life of an online master’s degree student

Let us learn from those who came before and see if what worked for them will also help you become a better student!

Andy is from the United Kingdom and has completed our 100% Online Master of Business Administration that we offer through an exclusive partnership with the University of Cumbria, U.K., and this is what he had to say about what worked for him.

An Introduction

Who are you, really?

Andy W

Which Uni are you studying with?

University of Cumbria

Which programme did you choose and why?

Master of Business Administration (MBA)

The Study Plan

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week?

I planned to allocate a certain number of hours per week on fixed evenings and the occasional weekend, but it didn’t work out that way. I’m definitely a “deadlines” person, so the regular modular structure of the course helped keep things ticking along nicely, with draft essays and other assignments keeping me focused on making good progress. It became more of a challenge with the dissertation as there was a) a hiatus after finishing the last essay and then being allowed to start the dissertation, so I completely lost momentum and, b) there were no intermediate milestones/deadlines to keep me ticking along. As a result, I had to be much more disciplined and ended up taking blocks of time off work to complete the dissertation. I clearly needed to get up a head of steam and tackle sections in a block rather than do a little often with stop-start not working for me.

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?)

As above, longer blocks of time suited me best, rather than a particular time of day. That said, because I was also doing a full-time job and other activities, I was mostly restricted to evenings and weekends.

How much time did you devote to each assignment?

Unknown, sorry – I didn’t keep a log.

Travelling and Communication

How did travelling impact your ability to study?

Work travel tends to be occasional long-haul flights for me, which helped as I could download relevant readings and could then take notes, etc. on the flight. Most of my study time, however, was spent at home. Travelling was not applicable in my case.

How were you able to interact with peers and/or professors given the time differences?

The forums were okay, but this is the biggest issue with remote courses in my experience. You simply don’t get the same level of interaction, shared learning, and general camaraderie/shared experience as you do with face-to-face learning. This was particularly noticeable with the excellent week-long sustainability residential in Cumbria, especially when juxtaposed against the comparative isolation (even loneliness) of the dissertation. The benefits of remote learning definitely outweigh the restrictions, however.

A typical day as a master’s student

What does a typical day as an Online Masters’ student look like for you?

Lots of evening reading during the modules, getting the interim assignments complete and then a bigger burst of effort in two or three day block for the final assessment submissions. The dissertation was a whole new ball game with longer blocks of time needed to really focus on getting the job done.

Any advice?

Listen to advice, but figure out what works for you

Any advice you have for students to better plan their studies.

I can only suggest people find their own rhythm – if you’re very disciplined, then a little often may work for you, but I’m not like that so had to adapt to fit my own way of working within the wider context of work and MBA deadlines.

I hope this blog has answered some of your questions, and please watch this space for similar posts. You can also chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, the application process, and for details on discounts we might be offering at this time.

#DILO (A day in the life of) a master’s student - Dina

12 December, 2020 ∙ By Sahil Devasia ∙ No Comments

Continuing with our blog series bringing you answers to some of the questions we at Robert Kennedy College (RKC) get asked frequently by students who are looking to join one of our online programmes, we asked some of our past and current students to share their thoughts and opinions, to give their feedback on how they handled the challenges of online learning. Hopefully, this will help you make an informed decision.

Let us learn from those who came before and see if what worked for them will also help you become a better student!

Dina is from Jordan and has completed our online MBA programme, this is what she had to say about what worked for her.

An Introduction

Who are you, really? 

I am Dina, from Jordan 

Which Uni are you studying with? 

University of Cumbria, U.K.

Which programme did you choose and why? 

MBA in Leadership and Sustainability 

The Study Plan 

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week? 

I took one module at a time, and I dedicated one day a week for studying – usually during the weekend, and that’s like 7-8 hours a week, and of course, I did more work for the assignments.

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?) 

Weekends the entire day and sometimes early mornings before going to work.

How much time did you devote to each assignment? 

I used to check the assignment at the beginning of each module and take notes as I go through the week. I usually started working on the assignments pretty early so that I had a few weeks before the deadline to plan and manage my time. 

Travelling and Communication

How did travelling impact your ability to study? 

Travelling was not required for my work.

How were you able to interact with peers and/or professors given the time differences? 

The forums really helped and made the communication process easier.

A typical day as a master’s student

What does a typical day as an Online Masters’ student look like for you? 

I wake up, check my email, check the forum, go to work and read an article or study a bit before bed. But the majority of the studying was usually done on the weekends.

Any advice? 

Any advice you have for students to better plan their studies. 

I was sceptical at first, and I thought that I might lose interest in studying, but each module was different. All you need is a little time management and commitment. 

I hope this blog has answered some of your questions, and please watch this space for similar blogs in the future. 

You can now chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, the application process, and for information on discounts we might be offering at this time. 

What I wish I knew before starting a business -Robert Kennedy College Blog

14 November, 2020 ∙ By Sahil Devasia ∙ No Comments

Once upon a time (about twelve or thirteen years ago), I decided to try my hand at starting a manufacturing business. Why? I was in my 20’s, with an MBA and a few years of work experience under my belt, and I had a dream – to leave my mark on this world, to become the next Henry Ford or Steve Jobs, and I figured, if things go to hell, I was young enough to risk it and still have time to bounce back!

There is of course a lot more to this story and my thought process that lead to my decision, but this is not the point of this post. The point is, when you do decide to start a business there is this steep learning curve, and as the business is your own, there are a lot of factors that must be considered while making decisions.

Many factors that must be considered while making decisions

Like me, if you came from the corporate world, still early in your career with limited managerial experience, you probably just had to look after a very specific task – sales, marketing, a small part of finance, etc. But when you are the head of your own business (no matter how small), you need to be involved in everything! Business Plan, Finance, Revenue, Marketing, Sales…

Strategic Management

When you have so much on your plate there is a risk of your dropping the plate and causing it to break into many tiny pieces (the “plate” here is your business :D).

Understanding how business works, the points to consider before making a decision, and knowing and correctly identifying the different sources of information on which to base your decisions is paramount for the success of your business. This is where strategic management takes on a whole new importance in your thought process. It does not matter how big or small your business/company is, start thinking strategically!!

Three principles underlying strategy: (1) Creating a “unique and valuable” [market] position (2) Making trade-offs by choosing “what not to do”, and (3) Creating “fit” by aligning company activities to one another to support the chosen strategy
Prof. Michael E. Porter, Ph.D., Harvard Business School

The simplest definition of strategic management is “the formulation and implementation of the major goals and initiatives taken by an organisation’s top managers on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organisation operates.” Strategic management provides overall direction to a business and involves specifying the organisation’s objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans (source: Strategic Management for Voluntary Nonprofit Organizations, Roger Courtney).

A system of finding, formulating, and developing a doctrine that will ensure longterm success if followed faithfully.
Dr. Vladimir Kvint, Chair of the Department of Financial Strategy at the Moscow School of Economics of the Lomonosov Moscow State University

So, how do you go about making your life (business really) easier by implementing strategic management?

First, identify your goals – let’s say your goal is to increase annual sales, but what does that actually mean? It is just too vague. Quantify and be specific. As an example, our goal is to sell 100 ballpoint pens and 200 ink pens by the end of the next financial year.

Now, how do you go about achieving this goal?

Start by identifying what goods you are going to be manufacturing (in our example they are pens), then the market to which you will be selling these manufactured goods.
Next, organise the resources you will need to achieve your goals, like putting in place purchasing and supply chain management to ensure a timely supply of raw materials, people and equipment to carry out the manufacturing process, marketing and sales team to bring in clients, and employing or contracting an adequate support staff (if you are unable to do it yourself) to carry out other support functions.
There are also a number of external forces that can have an impact on your business strategy. One of the tools most used in understanding these forces and helping in developing a strategy is Michael E. Porter’s Five Forces Framework which is a business analysis model that helps explain why various industries are able to sustain different levels of profitability. The Five Forces model is widely used to analyse and determine the corporate strategy of a company.

Porter’s five forces are:

Competition in the industry
Potential of new entrants into the industry
Power of suppliers
Power of customers
Threat of substitute products

*A graphical representation of Porter’s five forces*

Understanding the principles behind strategic management might take time, but when it comes right down to it, you will find that it is basically logic. The challenge is in getting the right data from the right sources on which you can base your decisions, and of course the methodology you use to analyse the data to arrive at your decisions. A wrong strategic decision may end up costing you dearly.

This is why strategy and strategic management is an important module in a number of our online master’s degree programmes.

You can also chat LIVE on WhatsApp with one of our Education Advisors for more information on the programmes we offer, the application process, and for information on discounts we might be offering at this time.

Women in RKC – Elizabeth (Liza) Rudolfsson, MA Leading Innovation and Change, York St John University, UK

17 October, 2020 ∙ By Sahil Devasia ∙ 1 Comment

Continuing with our blog series featuring our female students, we asked our students to share their experiences with us – the challenges of getting back to school, of managing work and study along with family, and the unique challenges they faced being female students.

Liza is a graduate of our MA programme in Leading Innovation and Change (MALIC) through our exclusive partnership with York St John University, UK. This programme has been discontinued, and has reincarnated as a 100% online MBA programme in Leading Innovation and Change.

Now, let us see what she has to say!

Who is …

A short profile

Sahil Devasia (SD): Who are you, really?

Elizabeth (Liza) Rudolfsson (ER): Creative and hard-working business consultant with roots in the construction industry.

Getting back into education

Your story of getting back to do a Master’s degree

SD: What was the driving force behind your enrolling for an online degree? Who inspired you? What motivated you?

ER: Interest in the subject. Hope that I could apply this new knowledge directly with my customers. Watched a test video with George Boak, which convinced me to choose YSJ.

SD: What were the thoughts/situations/people/challenges holding you back from starting (if any)? How did you overcome them?

ER: People around me were surprised (I’m 63) but supportive. Luckily, I underestimated the time it would take, or I would never have started.

SD: What surprised you the most when you started your studies?

ER: How much time was required! The high level of ambition. The fun of having ‘classmates’ from all over the world.

SD: Do you feel there are unique challenges women face when deciding to get back into education?

ER: Not really.

Getting the degree

The work to get the degree – what did you learn, how did you balance, what would you do differently

SD: Which programme did you do? Why?

ER: Leading Innovation and Change because I’m interested in – and work with – leadership, change and innovation.

SD: What is the single most important thing you learned during the programme?

ER: A ton of interesting facts, theories and models, but the most important learning was scientific, critical thinking and how to handle sources and references.

SD: How did you balance work and studies?

ER: I cut down on my work.

SD: Any particular challenges to being a woman and studying online, or do you think all students face the same ones?

ER: I don’t know about other students, but I can’t see any particular challenges.

Life post degree

What changed, if anything?

SD: What’s new in your life since graduating / starting your studies? Any visible impact already?

ER: I sold a strategy project for small businesses right after the Strategy module. This is now a yearly event, thank you MALIC! Before, I had a lot of superficial knowledge and a lot of practical experience. Now I find that I have a steady foundation with deeper knowledge that also ties into my experience and brings it all together. I get a lot of comments from customers about my solid knowledge, and they appreciate how I reference everything so that they know where the information comes from.

SD: Anything you are doing differently now because of the things you learned?

ER: I reference everything! I carefully separate information and opinion. I venture into new areas. I always did, but now with more confidence.

SD: Do you feel that getting a Master’s degree or doing other online programmes can reduce gender discrimination in the work place?

ER: Probably not in itself, maybe combined with other factors.

Advice for other women

Or other students, really.

SD: Imagine you could send a message back in time to your pre-degree self: what would it be?

ER: Take the writing of assignments (and the feedback) seriously, that’s where most of the learning happens. Use your new knowledge right away to make it stick.

If you have been thinking about getting your master’s degree, proving to yourself and others that you CAN do it, now would be a good time to take the plunge. Have a look at our list of programmes and see if we have anything that could help.

Hope this blog has answered some of your questions, and please watch this place for more similar blogs. You can also chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, application process, and for information on discounts we might be offering at this time.

#DILO (A day in the life of) a master’s student – Folarin

3 October, 2020 ∙ By Sahil Devasia ∙ 2 Comments

What is the best way to study online? Should you do an online programme? How to better manage time when studying online?

These are all questions that we at Robert Kennedy College (RKC) get asked regularly by students who are looking to join one of our online programmes. Undertaking to do an online master’s degree programme will be an additional commitment on your time and finances, and it is smart to get information before hand, cross your T’s and dot your I’s, before making your decision.

Through this series of blog posts, we asked some of our past and current students to share their thoughts and opinions, to give their feedback on how they handled some of these choices and situations. Hopefully this will help you to make an informed decision.

Learning from those who came before you is smart. I am not asking you to blindly follow what they are saying, but to take what they said worked for them, and see if it will work for you, maybe make a few changes (or a lot). In the end, only you know what works best for you!

Folarin is currently doing our M.Sc. programme in Procurement, Logistics and Supply Chain Management, that we offer through an exclusive partnership with the University of Salford, UK, and this is what he had to say.

An Introduction

Who you are, really?

I am Folarin, from Nigeria

Which Uni are you studying with?

The University of Salford’s (UK), M.Sc. programme in Procurement, Logistics and Supply Chain Management

Which programme did you choose and why?

MSc. Procurement, Logistics and Supply Chain Management. I have been a professional in the chosen career since 1996, when I obtained the Professional Certificate of the Nigerian Institute of Purchasing and Supply Management, now Chartered Institute of Purchasing and Supply Management of Nigeria.

The Study Plan

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week?

I planned to be flexible, juggling work and study! The reality for me was planning, and studying between work hours. I cannot specifically count the number of hours I study per day – I study according to time-window of opportunity.

What part of the day did/do you find most suitable to study? (e.g. early mornings, lunch break, evenings, weekends?)

I work tight schedules and was always exhausted during the weekdays. So, I found weekends most suitable to study – Friday evening through Sunday.

How much time did you devote for each assignment?

An average of one hour per day.

Travelling and Communication

How did travelling impact your ability to study?

Travelling helps me to relate life events with studying.

How were you able to interact with peers and/or professors given the time differences?

I explore IT facilities and internet resources – Email and WhatsApp messages.

A typical day as a master’s student

What does a typical day as an Online Masters’ student look like for you?

Dividing my attention, schedule, and activities to perform as both a Procurement, Logistics and Supply Chain Management professional and as a student. Balancing work and study as a mature man with the responsibility to cater for a family of 6.

Any advice?

Any advice you have for students to better plan their studies.

Identify your area of core competence and/or SWOT analysis of your personality. Evaluate your financial capacity in line with your regular income before enrolment for the online master’s programme.

All you want to know about Sustainable Leadership

19 July, 2020 ∙ By Vidhi Kapoor ∙ 7 Comments

“Denmark based renewable energy provider, Ørsted, revamped their business model completely by being a fully renewable power provider. The company moved from being heavily coal intensive to using renewable sources to produce energy. Their carbon emissions have reduced by 83%.”

“Kering SA, the French firm that owns several consumer-facing brands like Gucci, Alexander McQueen, YSL sources 40% of its products from certified sustainable sources. Also, 60% of the company’s board is composed of women showcasing gender equality”.

“Neste, a Finnish company, has more than 50% of its investments into the development of renewable biofuels”.

“Lyft recently announced that all its rides will be carbon neutral.”

These are just a few examples of headlines showcasing corporate sustainability accomplishments. From sustainable food to sustainable energy, we look up to our leaders to lead towards a sustainable world.

What is sustainable leadership really? Let’s explore together!

What is Sustainability?

Sustainability can simply be defined as the ability to sustain (Sustain-Ability). The UN World Commission on Environment and Development defines sustainable development as the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Sustainability encompasses 3 interlocking aspects:

Environmental: Environmental sustainability is about the environmental impacts associated with business while ecological sustainability is about its impacts on biodiversity.

Social: Social sustainability deals with the social impacts of a business – how are people and communities affected, internally as well as externally?

Economic: Commercial and economic sustainability is a reflection of a company’s ability to carry on business and generate profit to sustain its viability.

All the above three interlocking aspects are intertwined with the regulatory sustainability aspect that requires organizations to comply with government regulations and law.

When translated to the business context, sustainability is increasingly being realized as the new normal. Businesses understand that they cannot just selfishly operate for profits. They use resources from society and nature, and therefore owe some responsibility towards society. The elements of the triple bottom line – People, Planet, and Profits, are inter-reliant. Society depends on the economy and the economy depends on the global ecosystem. The ultimate bottom line is the health of the eco-system.

The concept of corporate sustainability is still developing and is debatable. Sustainability should be understood as a concept that has been socially and politically constructed that reflects the interests and values of those involved like the business owners, social groups, and other institutions.

Sustainable Leadership

Sustainability is a wide-ranging concept with universal applicability. Businesses have always been about profitability at the expense of sustainability initiatives. While there is no denying the fact that most for-profit corporations run for maximizing return on investment for shareholders, the contribution of sustainability in enhancing or detracting bottom lines can no longer be ignored by businesses.

Sustainable Leadership embraces the triple bottom line concept and can be defined as the mindful actions and behaviours of the leaders that embrace a global worldview. It recognizes the connection between the planet and humanity and through personal and organizational choices creates positive environmental and social change.

Globalisation and increased awareness have led to increasing social pressure in society that is contributing to a shift in the type of leadership of corporations. And sustainable leadership is not only something that can make business operations sustainable and eco-friendly, it can also help a company’s bottom line. Society judges the decisions of CEOs and looks for innovative solutions from the world leaders.

Being sustainable is not merely a regulatory requirement for businesses to comply with. The corporations want to leverage their positions and increase profitability by supporting environmental and sustainability initiatives. Businesses want to look good and portray that they are not just about profits, but care about their impact on society, the environment, and the local community.

Principles of Sustainable Leadership

Global Benefit: Gone are the days when corporations could get away with environmental damages and gender inequalities. Societies and the environment benefit when CEOs and companies prioritize sustainable leadership because environment, society, and governance (ESG) are added to the bottom line. Being responsible and adopting sustainable leadership makes money!

Understanding and establishing the system interconnections: A sustainable leader is foresighted in recognising the inter-reliance and impact of the three P factors (People, Planet, and Profits) on each other.

Transform from within: It is critical that more leaders integrate sustainability in their business strategies and can shift the company culture in the process.

Protect the environment and society: Business leaders need to pay attention to the impact their businesses have on people and environment and minimise it.

Lead by example: The only way others will follow and adopt your initiatives is when you hold yourself responsible in the first place for adhering to those initiatives (to reduce waste and increase efficiency, etc.).

It is interesting to find what initiatives different corporations adopt to become global leaders in sustainability. Here are the top 10 sustainability leaders of 2019 according to the GlobeScan-SustainAbility Leaders Survey:

Source: The GlobeScan-SustainAbility Leaders Survey

Here’s a great example of sustainable leadership:

Walmart’s Sustainability Project Gigaton.

Project Gigaton is a Walmart initiative to avoid one billion metric tons (one gigaton) of greenhouse gas emissions from the global value chain by 2030. This commitment is a cornerstone of Walmart’s approved Science-Based Target.

Through Project Gigaton, suppliers can take their sustainability efforts to the next level through goal setting to reduce emissions in their own operations and value chain. Since the program was introduced in 2017, over 1,000 Walmart suppliers have collectively reported more than 93 million metric tons towards the goal.

CDP recently awarded Walmart an A- grade in its most recent environmental scorecard ranking.

Despite the global corporations’ initiatives towards sustainability and adopting sustainable business practices, the progress has been far from satisfactory. A report published in 2019 at the United Nations by the United Nations Global Compact and the business consultancy Accenture finds that just 21% of CEOs believe business is playing a critical role in contributing to the global sustainability goals and that fewer than half are integrating sustainability into their business operations. The world requires more sustainability leaders.

Designed for tomorrow’s leader, our online MBA in Leadership and Sustainability creates distinctive managers with a unique leadership-oriented career opportunity. Calling future leaders who share a vision of a sustainable future!

Women in RKC – Marie-Theres Moser, MA Leading Innovation and Change, York St John University, UK

4 July, 2020 ∙ By Sahil Devasia ∙ 2 Comments

Ms. Marie-Theres Moser is a graduate of our MA programme in Leading Innovation and Change (MALIC) through our exclusive partnership with York St John University, UK. This programme has been discontinued and has been reincarnated as a 100% online MBA programme in Leading Innovation and Change.

Now, let us see what she has to say!