Error An error has occurred.
Error: is currently unavailable.

Water – The Oil of the 21st Century

by Veronica Lescay Megret, MBA ‘13 (12/23/11)
Veronica Lescay Megret, MBA ‘13

If water is the oil of the 21st century, then MBA students should take note of water issues and how they affect the global economy.



If water is the oil of the 21st century, then MBA students should take note of water issues and how they affect the global economy.

As a first-year MBA student pursuing a career in international development, I know that water will be an important consideration in my future profession, but I am not sure exactly why or how. I have traveled around the world and have seen how climate change and rampant pollution have affected water resources from Morocco to Cambodia. Because I know that I have to be well-versed on the sustainability of water and how it influences business, I joined the Water Affinity Group at Johnson.

As I learn more about water-industry related issues, I have started to examine more closely the water needs of international markets, how the public and private market forces work together (or sometimes clash), and why some sustainability solutions in one country work while in other geographic areas barriers are yet to be overcome. The challenges related to climate change, water scarcity, and waste water treatment pose difficult yet fascinating questions.

As club leadership roles are passed from the MBA Class of 2012 to the Class of 2013, I took the position of Water Programming Coordinator for the Agriculture and Water Affinity Group. In this position, I hope to make the SGE and overall Johnson community aware of water issues, and get MBAs to think about how water availability can affect markets, how water allocations can possibly restrict a company’s supply chain, and how consumers change their use of everyday products because of a lack of water.

For anyone interested in exploring water issues, I encourage you to look beyond Johnson and take full advantage of the Cornell community – The David R. Atkinson Center for a Sustainable Future, Einaudi Center for International Studies, AguaClara in the Civil and Environmental Engineering Department, and the Cornell Department of Government are just some of the programs at Cornell that address water problems.

Cutting water consumption makes business sense but the business community needs to take charge and lead the global water movement for a water secure world.

rating
  Comments