‘Green’ entrepreneurs are people who pursue business goals keeping in mind the sustainable development of society. They are actually change agents, who are showing the path to others as to how sustainability can
be kept in mind even when prioritizing profit maximisation. In today’s age, just meeting environmental standards is not enough! Entrepreneurs need to look at how environmentally conscious their organisation is due to various reasons such as customer perception, curtailing cost, revenues etc. In the last few years, awareness of environmental and societal concerns has grown so rapidly, that green businesses are becoming more and more mainstream. As, the consumer preferences are changing so they want products and services which they perceive as being eco-friendly. Some years ago one might have said that these opportunities exist only in developed countries, but today, the developing countries have leapfrogged into a time when green businesses are growing rapidly in scope
Clockwork
7am: Wake up, exercise and check mails. Work on presentation for client interested in a joint venture
10am: Reach office, check appointments for the day, fine-tune presentation
2am: Break for lunch
3pm: Meet client for presentation, hold discussions
6.30pm: Take client to solar cell manufacturing unit for product presentation
10pm: Dinner with client
The Payoff
Green is in and these entrepreneurs are smart to know that such technology will be in great demand in the future. The national action plan on climate change enumerates eight missions in which the government would encourage green entrepreneurship. The solar mission offers opportunities for technology development and innovations in this important field. There is a focus on energy-efficient technologies, in which government incentives and sops will be available to encourage green ideas
Skills/Traits
The Center for Environment Education and the Teri University offer programmes related to the environment, and to sustainable development. B-schools are also looking towards greening their curricula. Teri University’s MBA in business sustainability attempts to incorporate sustainability issues into each course and specialization
Institutes and URLs
Clockwork
7am: Wake up, exercise and check mails. Work on presentation for client interested in a joint venture
10am: Reach office, check appointments for the day, fine-tune presentation
2am: Break for lunch
3pm: Meet client for presentation, hold discussions
6.30pm: Take client to solar cell manufacturing unit for product presentation
10pm: Dinner with client
The Payoff
Green is in and these entrepreneurs are smart to know that such technology will be in great demand in the future. The national action plan on climate change enumerates eight missions in which the government would encourage green entrepreneurship. The solar mission offers opportunities for technology development and innovations in this important field. There is a focus on energy-efficient technologies, in which government incentives and sops will be available to encourage green ideas
Skills/Traits
- Excellent entrepreneurial and managerial skills
- Good communication skills are essential to tell others about your great idea
- Ability to keep the big picture in mind and work for sustainability and the earth’s future
The Center for Environment Education and the Teri University offer programmes related to the environment, and to sustainable development. B-schools are also looking towards greening their curricula. Teri University’s MBA in business sustainability attempts to incorporate sustainability issues into each course and specialization
Institutes and URLs
- Teri University, New Delhi; www.teriuniversity.ac.in
- Centre for Environment Education, New Delhi; www.ceeindia.org
- Indian Institutes of Management; iimcal.ac.in, iimahd.ernet.in, iimb.ernet.in, iiml.ac.in
- University of Hyderabad, School of Management Studies; www.uohyd.ernet.in
- International Management Institute, New Delhi; www.imi.edu
- Mudra Institute of Communications, Ahmedabad; www.mica.ac.in
- Faculty of Management Studies, Delhi University; www.fms.edu
- Great satisfaction in running a business that has adopted environment-friendly practices
- Complying with strict regulations can be tough
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