South Asian Journal of Marketing & Management Research
  • Year: 2013
  • Volume: 3
  • Issue: 5

Identifying the business risks and opportunities arising from ecosystem change

  • Author:
  • T. Shiva Shanmugam
  • Total Page Count: 12
  • Page Number: 1 to 12

Director, Management Studies, AVS College of Science, Salem, India

Online published on 23 May, 2013.

Abstract

The Corporate Ecosystem Services Review (ESR) consists of a structured methodology that helps managers proactively develop strategies to manage business risks and opportunities arising from their company’s dependence and impact on ecosystems. The Ecosystem Services Review can provide value to businesses in industries that directly interact with ecosystems such as agriculture, beverages, water services, forestry, electricity, oil, gas, mining, and tourism. Many businesses, unfortunately, fail to make the connection between the health of ecosystems and corporate performance. Companies often are not fully aware of the extent of their dependence and impact on ecosystems and the possible ramifications. The main objective of the present is to identifying the business risks and opportunities arising from ecosystem change. The conclusion will be given.

Keywords

Corporate Ecosystem, Dead Zones, Nutrient Cycling, Pollination, Priority Services, Ramifications, Revenue Streams, Trade-offs