Summary:
This is about a survey that was done to see if mangers are concerned about the impacts of climate change on their businesses. Some companies like Coca-Cola and Nike are taking this issue seriously. "Water availability, extreme weather brings unpredictable dangers for physical assets or massive disruptions to supply chains." Companies are becoming more understanding because they now understand how this problem is going to affect them now and in the future. "Only 9% of respondents thought their organizations were really prepared." Companies struggle with long-term thinking, preparing for multiple contingencies so companies "need to fight the short-terminus that plagues business, set goals based on science to drastically cut carbon fast enough, innovate in heretical new ways and collaborate with friends." Its okay if a company doesn't think about climate change but if they do they are more engaged and more innovated.
Reflection:
It was surprising to me how many companies and organizations are prepared for climate change because this is a big problem. Resources that are available now may not be available later which is going to leave businesses stuck. It is better to prepare now and make plans so employees know what to do and the companies wont face issues. Its going to be bad if they aren't prepared because not only is productive going to decrease it could hurt businesses. Climate change effects everyone around the world because many companies are worldwide. Many countries depend on big companies like Nike for products. Companies need to realize how big climate change is, make goals to prevent climate change from getting worse and find ways to innovate in case of sudden big changes. No one knows what is really going to happen and make countries are dependent on companies so its best to start preparing now. Climate change is happening more companies need to start taking action.
http://blogs.hbr.org/2014/03/how-much-do-companies-really-worry-about-climate-change/
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