The paper “ System Thinking in Sustainable Management” is an actual example of the essay on management. Sustainability carries two perspectives, either a set of goals or practices and behaviors that support the goals. As a set of targets, sustainability is a description of desired environmental conditions and the direct or indirect benefit to human beings. As a practice and behavior sustainability are actions that enhance and support the well-being of persons through environmental interactions. The importance of sustainability lies in its future impact of actions and decisions made today.
Sound decisions will prevent dire consequences in the future. The future depends on sustainability activities and actions. A sustainable future depends on fossil fuel depletion, increasing the cost of water and energy, and lastly climate change due to carbon emissions. Fossil fuels are Non- renewable and the growth in demand for the product will lead to depletion. Countries as India and China are increasing their industries; this means that global demand for fossil fuels will increase; this is accompanied by an increase in carbon emissions. The prices of energy and freshwater are similarly increasing.
The increase in prices puts a burden on economies and middle-income households. A move towards sustainability is critical for future survival. It is important to design approaches that minimize the negative impact on environments. Increasing sustainability will save the environment in addition to reducing the economic impact of plummeting energy prices. This paper looks at systems thinking in developing solutions to sustainability challenges and uses placing a price on carbon as the wicked problem. The paper approaches the topic by analyzing system thinking, its relationship to sustainable management looks at the future of sustainability, analyses the wicked problem, looks at approaches, and difficulty associated with pricing carbon. Systems ThinkingSystems thinking approach applies in the context of economic, social, business, and environment.
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