With the shift in consumer preferences over the past few years, companies have been aggressive to respond to the growing ‘green’ value opportunity. However, lifecycle questions remain on company responsibilities once the products are in the hands of the consumer. Does a sustainable business need to market and sell to a responsible consumer to be sustainable? Do customers respond to a product or should products arise from the needs of the customer? Our sustainability consulting explores.
As a professional consultant and an advocate for sustainable change in business, I express to clients, peers, and friends that everything we buy is an expression of consumer preference. This purchase choice tells the business world that we approve of the product and service they are providing. On the flip-side, businesses also have a responsibility to position their products and services in a way to attract the right consumers.
“Companies struggle to create products that consistently satisfy customer needs. Focus insight generation on the ultimate benefits that customers derive from a product or service. This helps guide technology project selection towards the highest-value opportunities.” -CEB Views
The good news for business is there seems to be a general trend towards increasing eco awareness and a decreasing resistance for more sustainable products. In fact, a 2009 consumer survey indicated that 34 percent of American consumers are more likely to buy environmentally responsible products today, and another 44 percent indicate their environmental shopping habits have not changed as a result of the economy. For this reason, we ask: How can a company effectively engage the shifting dynamics of the market and the ever changing expectations of the consumer.
“Progressive companies focus on understanding customer needs at the earliest stages. They continuously integrate knowledge outside the gate review process to execute faster without wasting resources.” –Procurement Strategy Council
Our sustainability consulting is mindful of the voice of the consumer as a key business sustainability influencer. In fact, we view the expanding eco awareness of the global consumer to be a driving change in business. For the companies sensitive to this change, there is a tremendous opportunity in managing the many voices of business sustainability. Visit us at Taiga Company to learn more about this concept and how social media engagement strategies for key business sustainability stakeholders can transform your organization.
Super powers are cool. They invoke the imagination of superhuman qualities capable of tacking any challenge and succeeding. In many ways, the call for sustainability invokes the better qualities of us as humans. If we were to have
Developing a comprehensive business sustainability plan includes incorporating sustainability concepts across the entire supply chain. A major part of this strategy is the need to
The
“Many companies suffer from disproportionately high breakthrough project failure rates because they find it hard to balance execution discipline with flexibility to respond to changing technical and market realities. When executing on breakthrough projects, use detailed maturity checklists to establish flexible yet guard-railed execution paths.” -CEB Views
Do you fall prey to routine habits out of convenience or do you take extra steps to embrace sustainability concepts in your daily life? It seems in recent years being busy has become the rule rather than the exception. With busy comes conveniences and sometimes conveniences means having to compromise on values. Fortunately, that's no longer the case. With growing eco awareness sprouting more and more environmentally friendly options, those living a busy and sustainable lifestyle can take their green on the go.
The economic challenges over the past few years resulted in a ‘business detour’ from progressive corporate practices, particularly advancements in sustainable supply chain management. Moving beyond early post-recovery actions focused on cost control and business maintenance, today’s leading business sustainability efforts have their eyes on a much larger prize. Once again corporate attention is focused on the role strategic supplier relationships play in the immediate return to profitability and long-term business sustainability.
Creating a sustainable business involves more than defining a vision, building a consumer forecast, and bringing a green product or service to market.
“In today's economic environment, companies are continuously pressured to reduce costs in order to combat slower growth and offset commodity price increases, rising costs of energy and transportation, and various other pressures. Despite these issues and the economic instability worldwide, companies must continue to find growth opportunities to compete in the global marketplace. The question I keep returning to is, why don't more CFOs turn to indirect procurement as a significant source of savings to create a competitive advantage and fuel this growth?” - Robert Brust former CFO for Sprint
What is Karma?
The GreenBiz article,
Experience and recent business results demonstrate that innovation will be essential to success over the next decade as companies continue to recover from recent economic downturn. Our sustainability consulting has worked with companies who are seeking to seize new opportunities and improve competitive positions through refined evolved business plans and innovative solutions. But these
“The creation of a thousand forest in one acorn.”
In today’s global business environment, it is rare for a company to own an entire product or service value chain. Business operations rely heavily on external sources exposing the supply chain as a
As the world continuously adapts to shifting
“To maintain relevance, Procurement must expand its support of business growth strategies beyond standard cost reduction. Procurement organizations that mix sophistication, impact, and payoff horizon deliver more than three times the yearly savings and four times the annual innovation of their peers.” –Procurement Strategy Council
“People have evolved to become extremely good at dynamically adapting to our social environment. In teams, we constantly synchronize and modify our actions and expectations to keep them aligned with those of our collaborators…So managers of virtual teams should have dual, complementary objectives: structure and socialize.”
"If you can imagine it, you can achieve it; If you can dream it, you can become it." ~ William Arthur Ward

