Sustainability and Circular Economy System

Nestle company was set up in 1867 in Switzerland by Henri Nestle (Koese, pg 746). The word Nestle means "little nest". Farine Lactee was the first product of the Company for children whom their mothers could not breastfeed. Chocolate, soups, instant coffee, corn flakes, frozen foods, seasoning and mineral water are the current products; they also expand these products to pet foods, pharmaceutical and cosmetics. Nestle having accomplished with innovative and business acquisitions; it became the world largest food company in terms of its sales since it has factories in all the 82 global countries. The fifth crucial principle is the personal responsibility and leadership by reputing and respecting all the staff members in the business organization- whether skilled or non-skilled. It is also important to motivate and provide equality in promotion of the staff.

This helps to develop the staff and workers in the leadership and management of the business. Good health, just like safety, in any business organization is important. This is the sixth principle which must be included and followed in any company or business organization. It also reduces use of plastics and other products which are toxic to the business setting and the society at large. On the other hand, the nation’s economic sustainability is very crucial (Geissdeofer, et. al, 762) in the society we live. Economic Sustainability refers to the improving economic power, which is projected into the world’s future. The nation’s economic level is usually determined as the nation’s Gross National Product (GNP) that obviously must consist of environmental costs such as natural capital.

al, pg 762) The management of organizations should be in the forefront in setting realistic goals, mission statement which should state the required direction to be taken by an organization in attaining its goals or the vision; where the organization wants to be in future. Research has shown that the solution is not in making effort to get more finances or money but the major issue is solved in coming up with realistic mission and vision statements and strategies to attain organization goals and objectives effectively and efficiently. Coming up with unrealistic goals and vision will imply that everything else in the organization shall remain unrealistic and therefore the organization will take the wrong direction against attaining its goals. It refers implies that an organization should strategically position itself for both short term and long term goals in order to attain sustainability.

Product and program sustainability refers to ensuring that both products and services of the best quality and that the programs in play are of the best quality also. This will ensure tasks and duties are accomplished in a timely manner without lapses. Financial sustainability refers to the ability of an organization to meet its financial obligations with the money available whether little or much. If an organization fails in the above sustainability dimensions it is implicit that financial sustainability can’t be upheld. An organization should be able to plan for its contingent uncertainties and at the same time have money in reserve in order to avoid being caught up by business risks. Whether an organization has enough money or not it should be able to plan and allocate finances for contingent liabilities and also reserve some money for business risks which are not predictable, (Warner, pg 42) To the business environment sustainability is important because organizational environment is composed of so many variables or factors that either positively or adversely influence its performance depending on how the situation is managed.

For this reason is why I look forward to Nestle Company to adopt this sustainability initiative for it will serve as the driving force in meeting and surpassing the organization set goals. Research has shown that today employees are more motivated by joining the organizations that are embracing and providing room for employees to grow and develop in their careers through additional trainings and learning in the process. (Warner, pg 42) This ultimately adds to the employee’s intrinsic motivation giving them more positive energy to do better and better in their performance. The organization will benefit in double portion from highly motivated employees to high performance and great profits in return. Again well trained employees will help the company in attaining better quality of its products and services and this will translate to better reputation with increased return customers and sales at large.