CAGE Distance Framework
Want to expand overseas? The CAGE distance framework can help ensure you're constructing a solid global strategy in four areas: cultural, administrative, economic, and geographic. Learn how to leverage useful differences between countries, identify potential obstacles, and achieve global business success.
There's more to leadership than driving a team to profit. In fact, there's a word for looking beyond self-interest to prioritize individual growth: servant leadership. Try this course for a quick breakdown of what that is, how it works, and how it can lead to organizational success.
Strategy: Creating Value Inside Your Company
Have you ever wondered why certain companies are more successful than others? The answer is strategy: internal processes that control costs, allocate resources, and create value. This course from GLOBIS Unlimited can give you the tools you need for that strategic edge.
Strategy: Understanding the External Environment
To plan strategy on any level, you need to understand your company's external environment. In fact, your level of understanding can impact hiring, budgeting, marketing, or nearly any other part of the business world. Want to learn how to do all that? This course from GLOBIS Unlimited is the perfect first step!
Using Japanese Values to Thrive in Global Business
Japanese companies have unique cultural, communication, and operational challenges. But they also have values that have led to remarkable longevity. Check out this seminar to hear how these values help earn trust from overseas head offices and develop employees.
Marketing: Reaching Your Target
Every company works hard to get its products into the hands of customers. Are you doing everything you can to compete? In this course, you’ll find a winning formula to turn a product idea into real sales. Follow along through the fundamentals of the marketing mix and see how companies successfully bring products to market.
Basic Accounting: Financial Analysis
Want to compare your performance vs. a competitor? Or evaluate a potential vendor? Then you'll need to conduct a financial analysis. This course will teach you how to use three financial statements and evaluate financial performance in terms of profitability, efficiency, soundness, growth, and overall strength.
What drives you to be good at your job?
Career anchors are based on your values, desires, motivations, and abilities. They are the immovable parts of your professional self-image that guide you throughout your career journey.
Try this short GLOBIS Unlimited course to identify which of the eight career anchors is yours!
Leadership with Passion through Kokorozashi
The key ingredient to success? Passion.
Finding your kokorozashi will unify your passions and skills to create positive change in society. This GLOBIS Unlimited course will help you develop the values and lifelong goals you need to become a strong, passion-driven leader.
If you’re a consumer, the benefits of repairable products are clear: They last longer and help you save money. Public interest advocate US PIRG estimates that in the United States, repairing existing products (rather than buying new ones) could save the average family around $330 a year.
But things look a little different from the company side.
Disposable products have been a mainstay of cutting manufacturing costs since the 1950s. But in the age of climate change and rising environmental awareness, disposability is swiftly losing its appeal. These days, it’s all about sustainable technology.
What many businesses don’t realize is that a more repair-friendly model has real benefits for their bottom line. To reap those benefits at your company, you need to start with a mindset for sustainable innovation.
The Downsides of Building for the Short Term
For sustainable innovation, first thing’s first: Forget about how “great” disposable products are.
Consumer electronics like phones are becoming more difficult to repair. This leads to more products being discarded after the failure of a single component.
The result of this pattern is an unprecedented buildup of electronic waste, or e-waste. According to the United Nations Institute for Training and Research’s Global E-waste Monitor 2020 report, 53.6 metric tons of e-waste was produced globally in 2019 alone. That’s a staggering 7.3 kilograms per person. Another UN-affiliated study projects that amount could more than double by 2050.
Technology made without considering long-term environmental outcomes creates a huge toll on the environment. While avoiding the downsides of building for the short term is important, it is also good to recognize the benefits of building products with long lifespans.
The Benefits of Sustainable Technology
Businesses can benefit from manufacturing products that are easy to repair, but that repairability needs to be worked in from the design stage. Doing so makes them easier to disassemble, and therefore easier to recycle. Ease of recycling in turn enables companies to transition to a circular economy model.
How does any of that translate to good news for the bottom line?
Renewables will eventually be the only cost-effective materials. By increasing the yield of recycled materials, you reduce the need for virgin raw materials and other natural resources.
Let’s face it: Those are only going to get more expensive and controversial.
Product longevity is a key metric in consumer purchasing decisions. Sustainability-conscious consumers are more willing to purchase products that advertise longer lifespans. They’re also willing to pay a premium for eco-friendly products.
Even in business-to-business transactions, product longevity can serve as a competitive advantage. Businesses in fields like agriculture and logistics will find value in long-lasting products that reduce downtime and expenses.
How Companies Can Create a More Sustainable Future
Businesses tend to think that the only way to go sustainable is to make big changes to their supply chain. But there are internal changes businesses can (and should) take to increase the lifespan of their products, too.
Sustainability as Company Culture
Nirav Patel, the founder of Framework, a company that manufactures sustainable laptops, suggests prioritizing sustainability in company culture. That can be accomplished by incorporating environmental impact and device longevity metrics into performance incentives, for starters.
Another step companies can take toward a more sustainability-oriented culture is to use open specifications as much as possible. For example, rather than utilizing proprietary screwheads in their devices, you could use the more common flathead or Phillips head screws to make it easier for consumers to extend the lives of their products without having to purchase specific equipment.
Design Thinking as Recycling
Fairphone, a modular smartphone company, implores companies to work directly with recyclers. Bringing them into the design process can help find new ways to build phones that are easier to recycle.
When manufacturing a product with an understanding of the recycling process, more resource-efficient devices are inevitable. This will reduce greenhouse gas emissions and fossil fuel dependency, too.
Consumers as Technicians
Kyle Wiens, CEO of iFixit, suggests creating products with modular components and giving consumers the tools they need to repair them.
Offering consumers access to repair manuals is a great start. If the product requires specific tools to be repaired, they can be rented out or sold separately. For devices too complicated or dangerous for the average consumer to repair, working with independent third-party repair shops will make product repairs as accessible as possible.
By increasing the lifespan of consumer electronics, companies will actively work toward a more sustainable future.
How Consumers Can Support Sustainable Technology
You may think your business is ill equipped to move to a sustainable business model, but that likely isn’t true. If you consider sustainability from the outset all the way to end of the product life cycle, you may find that there are opportunities right in front of you that you haven’t taken advantage of yet.