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Jargon Bursting Definitions
| SUSTAINABILITY
Sustainability may best be defined as the "capacity for
continuance into the long-term future". Anything that can go on being
done on an indefinite basis is sustainable. Anything that cannot go on
being done indefinitely is unsustainable.
| Sustainable
development is the process by which we move towards sustainability. |
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VALUE MANAGEMENT
| LIFE
CYCLE ASSESSMENT
The compilation and evaluation of the inputs, outputs and the
potential environmental impacts of a product system throughout its
life cycle
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PARTNERING
TEAMWORK
| INNOVATION
The term innovation means different things to different
organisations. The SIGMA Project views innovation from a number of
different perspectives and has identified several key drivers of its
successful implementation:
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| The
knowledge driven organisation: where the accumulation, application
and acquisition of knowledge drives the organisation and facilitates
the achievement of organisational goals. |
| The
learning organisation: where the organisation is in an almost
constant state of learning, both from past successes and failures
and from new techniques, technologies and management approaches. The
organisation strives for improvement and enlightenment and develops
new learning models for different learning situations. |
| Partnership
and diversity: successful organisations often attribute their
success to partnerships (formal and informal, business to business,
and with other stakeholders), and to internal diversity (including
diversity in staff expertise and knowledge or in the range of
activities they undertake). |
| Leadership
and empowerment: Innovation is often dependent on a combination of
visionary leadership and the empowerment of staff (either in the
creative sense of the word or in the ability of staff to make sound
and well-informed decisions with a minimum of bureaucracy). |
| Change
management: innovation may result in the need for change. Therefore
the effectiveness of the change management process will directly
affect the ability of the organisation to innovate. |
| Evolution v's Revolution:
innovation often arises from an understanding of when it is
appropriate to implement incremental change (evolutionary change) or
when something more radical is required to move the organisation
towards sustainability (a paradigm shift or revolutionary change). |
| STAKEHOLDER
Stakeholder is any: "Individual or group concerned with, or
affected by, a gain or loss in natural, human, manufactured,
financial or social capital (or any other impact or outcome) brought
about by an organisation's activities, products or services."
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