Business Sustainability: Moving Beyond the Concept

Wednesday, May 19, 2010 by Julie Urlaub
image: partnersThe rapidly changing landscape of business today has place sustainability as pinnacle conversation in executive boardroom discussions and strategy sessions for future company success.  By shifting the traditional view of business sustainability as an added cost to a true business value opportunity, companies are jumping onboard to capture untapped benefits.  However, capturing this value requires executives and their organizations to move beyond the business sustainability concept to real action.

The economically driven actions over the past two years may have temporarily shifted the direction of the business; however, the prospect of financial recovery is creating a new platform for business sustainability.  If the corporate actions of the first quarter are any indication of the future, then business sustainability is definitely a 2010 focus. 

So the question you should be asking yourself: has my business transformed the business sustainability concept discussion into sustainable business action?

With many still on the fence, there is a distinct and defined early-mover advantage in taking proactive steps to create a business case for sustainability: 

•    Cut operating costs through operational and supply chain efficiencies
•    Improve throughput with asset and capacity utilization
•    Stabilize base revenue through customer loyalty and retention.
•    Grow revenue new streams by responding to shifting consumer expectations.
•    Stabilize investment dollars and stock performance with an improved business reputation

By treating sustainability as a goal today, early movers will develop competencies that rivals will be hard-pressed to match.  Our sustainability consulting experience has shown there to be an exponentially increasing number of benefits to sustainability, and we interact with organizations eager to tap into this business sustainability value. 

Comments for Business Sustainability: Moving Beyond the Concept

Thursday, May 26, 2011 by Jon:
In my experience, companies care only about the present and do not take actions to survive and prosper in the future. The majority of companies and organizations I have worked for have gone out of business, been severely downsized, been bought out, or lost their independence within five years.

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