“Great risk management is simply the movement of information from the informed to the empowered. While employees are often fearful to share observations about compliance risks due to concerns about retaliation, some companies are markedly better at enabling and encouraging employees to do so.”
An engaging lead-in to the recent Corporate Compliance Insights post, The Importance of Integrity Capital in Corporate Culture, the article spotlights one of the major areas of business development our sustainability consulting foresees throughout 2012. Corporate culture change, rather than process analysis, will be a key focal point in 2012.
Leveraging Corporate Compliance Insight, our sustainability consulting practice explores the many steps in implementing a value-driven management program. As the article explains, this process begins with corporate self-assessment:
- Know the marketplace in which you are operating
- Know which regulatory agencies apply to your business
- Set clear expectations for ethical behavior
- Hold employees at all levels consistently accountable
- Assess your suppliers and customers.
- Reexamine your existing policies that govern organizational behavior
Over the past several years, our sustainability consulting practice has found that the top performing companies are taking a more strategic approach to business integrity by aligning core values with business sustainability activities. Yet, it is not uncommon for executives to falsely believe their business is exempt from sustainability risk. Consider how asking the following questions from a business sustainability perspective differ from the traditional approach and how the remainder of your 2012 could be different.
• What business are we in?
• What are the industry risks?
• What's our unique positioning within the industry, and what gives us competitive advantage?
• What are the strategic imperatives that are tied to our overall strategy?
• What are the processes that are tied to the strategic imperatives, and then the risks that are tied to those?
Early adopters of a pro-environment policy are answering these questions differently. Business sustainability reshapes the business conversation. By evaluating business risks through the lens of sustainability, small businesses are benefiting from the tangible and intangible rewards of going green.
Are you looking for ways to green your business? Our small business resource offerings include:
- 15 Small Business Tips to Going Green
- Sustainability: A Small Business Differentiator
- How Cloud Computing Helps Small Business to Reduce Emissions and Improve Productivity
- IdeaScale: Small Business Tool for Stakeholder Engagement
- Social Media Advancing the Business Sustainability Conversation
- Telecommuting: help your Business, help the Environment
- The Growing Role of Virtual Conferencing and Webinars in the Sustainability Meeting Landscape
- 5 Ways to a Greener Website
- A Guide for SME's: How and Why to go Paperless
- Intuit's GreenSnapshot: Do You Have it in Your Green Biz Toolkit?
- CRM: Golden Nugget for Sustainability in Business
- Top 10 Benefits of Bicycle Commuting Programs for Businesses
“Perhaps it is fortunate that varying opinions abound within corporations concerning ‘doing what is right and sustainable’. But regrettably, in relation to sustainable strategies, company leaders rarely encourage and seldom enable enterprise-wide airing of all those diverse points of view. Perhaps leaders avoid the discussions because they fear that the conflicting opinions might impede the company’s ability to execute.”
“When it comes to energy and the environment, most people want to do the right thing. But how many people actually contribute to improving energy use and environmental impact is another story.”
The ability to capitalize on opportunity or mitigate business
A major component of any corporate sustainability plan isn’t so much how a company carries out those strategies but also how it communicates it to its many stakeholders.
With new tools and strategies
“As many of us are wrapping up our 2012 budgeting and planning process, one thing continues to worry even the most seasoned senior executives: Market Volatility. Twenty-eleven has been a year in which volatility reached historic levels, and one in which even the most experienced of global investors increasingly worried about risk as the year progressed. In this kind of market even the best spiked egg nog may have difficulty calming the fears of the investment community. Innovation executives can’t help but worry about how the broader investment climate will affect their 2012 innovation plans.”
Did you know that there are about 10,000 regular three-leaf clovers for every lucky four-leaf clover? Apparently, the number 4 has special meaning. It has come to be considered the number of labor and stability. Why? In the maxim that art is "
“Most businesspeople are so busy working for their business or in their business that they never find time to
In previous 
Nearly every business is on Facebook and Twitter, but other social media platforms are often overlooked as a means to communicate
Can social media
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Our sustainability consulting has discussed the topic of team/group
The use of social media collaboration technologies can help organizations break down silos and facilitate knowledge sharing across business units, corporate functions and stakeholders.
The days of the controlled and scripted press release may be coming to an end. The propagation of sustainable information to effectively communicate business sustainability successes is becoming a more active dialog. However, there are challenges to effectively and clearly communicating the business sustainability message internal and external to the organization.

