|Certain important and a few new Management Principles have been depicted in the form of Matrix presentation (for easy understanding and grasp) with a brief write-up on each of them.|
|A: Sustainable Development (SD)|
|The Triple Bottomline (TBL)
(John Elkington -1994)
|SD refers to the process of the quality of environmental (sustainability) and social systems (well-being of society) in pursuit of economic development (wealth creation). The three bottom lines are related to Profit, People and the Planet.|
|It meets the needs of the present generation without compromising the ability of future generations to meet their needs. It is to ensure inter-generational equity. There should be no tax on future generations by squandering away the resources for the present by the present generation.|
|B: Response Styles (Shelly Gable- 2006)|
You come home one evening, excited, having been selected to attend an Executive Development Programme at Wharton for three months and break the news to your wife.
Response 2: Oh, cool. That’s nice.
Response 3: Oh! Why should they send you all the way to the US? You will go away for three months. What will I do?
Response 4: Ah, well, I just got a new video game.
|So, how you respond every day to your colleagues defines your relationship. It can be warm, spontaneous, genuine, positive: a great way to build and strengthen relationships. The pay-off is: both feel better.|
|If the response is cold, manipulative and negative, the bonding is strained or broken.|
|The role positive emotional exchange plays in making our relationships healthy may be noted.|
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