How the U.S. Navy is Responding to Climate Change

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 18 August 2017

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Forest Reinhardt and Michael Toffel, Harvard Business School professors, talk about how a giant, global enterprise that operates and owns assets at sea level is fighting climate change—and adapting to it. They discuss what the private sector can learn from the U.S. Navy’s scientific and sober view of the world. Reinhardt and Toffel are the authors of “Managing Climate Change: Lessons from the U.S. Navy” in the July–August 2017 issue of Harvard Business Review.

Transcript

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0:00.0	The Closer Podcast brings you the inside story of deals changing the world, told by the people who know how it all went down.
0:09.0	Understand the human motivations behind groundbreaking business decisions with host Amy Keene.
0:14.6	Listen to The Closer, wherever you get your podcasts. Welcome to the HBR IDEA Cats from Harvard Business Review. I'm Sarah Green Carmichael.
0:34.3	Picture some companies you think are doing the best
0:36.5	at fighting climate change and getting ready for it.
0:39.9	Maybe you're imagining Patagonia's 1% for the planet.
0:43.3	Or maybe Starbucks growing pest resistant coffee plants.
0:46.6	Or you, lovers work to take carbon out of the supply chain.
0:50.3	Our guests today say there's a different sort of enterprise that's a model for managing climate change.
0:55.0	In fact, it's on the front lines of rising sea levels, because it operates at sea level.
1:01.0	The United States Navy is elevating docks, building advanced storm
1:05.3	warning systems, and increasingly powering missions with the sun instead of with
1:09.4	fossil fuels. Businesses can actually learn a great deal from the American military's forward-looking
1:14.5	approach, according to Harvard Business School Professors, Forrest Reinhart and Michael Toffel.
1:20.1	They're the authors of Managing Climate Change, Lessons from the US Navy in the July-August 2017 issue
1:25.4	of Harvard Business Review.
1:26.8	And they're here with us now.
1:28.7	Forrest, thanks so much for joining us.
1:30.6	Thank you for inviting us.
1:31.8	And Mike, thanks to you too.
1:33.0	Great, great to be here.
1:35.1	Why is the Navy preparing now for climate change?
	...

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