Managing the environment in megacities: Business potential of industrial waste

Francisco Szekely

European Management Journal, 1992, vol. 10, issue 3, 294-303

Abstract: The world's population is living increasingly in megacities, where the inhabitants perceive their quality of life to be threatened by industrial waste. Francisco Szekely examines the new business opportunities which are arising for companies who, by embracing environmental management principles, decide to internalize their industrial waste. There are many examples of successful initiatives to solve environmental problems in cities -- the 'command and control' approach of governments, industry initiatives such as recycling, community participation, and conservation and environmental protection by non-governmental organizations. The author concludes with an assessment of the main factors in the success of such strategies and lists some important questions that still have not been answered as we approach the twenty-first century.

Date: 1992
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