Search Results for: Beyond The Triple Bottom Line

Beyond the Triple Bottom Line

Beyond the Triple Bottom Line

Author: Francisco Szekely

Publisher: MIT Press

ISBN: 9780262035996

Category: Business & Economics

Page: 248

View: 616

A pragmatic new business model for sustainability that outlines eight steps that range from exploring a mission to promoting innovation; with case studies. Many recent books make the case for businesses to become more sustainable, but few explain the specifics. In this book, Francisco Szekely and Zahir Dossa offer a pragmatic new business model for sustainability that extends beyond the traditional framework of the triple bottom line, describing eight steps that range from exploring a vision and establishing a strategy to implementing the strategy and promoting innovation. Szekely and Dossa argue that businesses and organizations need to move away from the business case for sustainability toward a sustainable business model. That is, businesses should go beyond the usual short-term focus on minimizing harm while maximizing profits. Instead, businesses on the path to sustainability should, from the start, focus on addressing a societal need and view profitability not as an end but as a means to support the sustainable organization. Szekely and Dossa explore key problems organizations face when pursuing a sustainability agenda. Each chapter presents one of the eight steps, describes a business dilemma for sustainability, provides a theoretically grounded strategic framework, offers case studies that illustrate the dilemma, and summarizes key findings; the case studies draw on the experiences of such companies as Tesla Motors, Patagonia, TOMs, and Panera. The book emphasizes leadership, arguing that leaders who question the status quo, inspire others, and take risks are essential for achieving sustainable business practices.

Beyond the Triple Bottom Line

Beyond the Triple Bottom Line

Author: Francisco Szekely

Publisher: MIT Press

ISBN: 9780262339087

Category: Business & Economics

Page: 248

View: 203

A pragmatic new business model for sustainability that outlines eight steps that range from exploring a mission to promoting innovation; with case studies. Many recent books make the case for businesses to become more sustainable, but few explain the specifics. In this book, Francisco Szekely and Zahir Dossa offer a pragmatic new business model for sustainability that extends beyond the traditional framework of the triple bottom line, describing eight steps that range from exploring a vision and establishing a strategy to implementing the strategy and promoting innovation. Szekely and Dossa argue that businesses and organizations need to move away from the business case for sustainability toward a sustainable business model. That is, businesses should go beyond the usual short-term focus on minimizing harm while maximizing profits. Instead, businesses on the path to sustainability should, from the start, focus on addressing a societal need and view profitability not as an end but as a means to support the sustainable organization. Szekely and Dossa explore key problems organizations face when pursuing a sustainability agenda. Each chapter presents one of the eight steps, describes a business dilemma for sustainability, provides a theoretically grounded strategic framework, offers case studies that illustrate the dilemma, and summarizes key findings; the case studies draw on the experiences of such companies as Tesla Motors, Patagonia, TOMs, and Panera. The book emphasizes leadership, arguing that leaders who question the status quo, inspire others, and take risks are essential for achieving sustainable business practices.

The Triple Bottom Line

The Triple Bottom Line

Author: Adrian Henriques

Publisher: Routledge

ISBN: 9781136551673

Category: Business & Economics

Page: 208

View: 557

The concept of the 'triple bottom line' (TBL) - the idea that business activity can simultaneously deliver financial, social and environmental benefits - was introduced in the early 1990s. A decade on, The Triple Bottom Line: Does it All Add Up? brings together the world's leading experts on corporate responsibility to assess the implications, benefits and limitations of the TBL. This collection provides a review of what has already been achieved in stimulating change in corporate culture and bringing businesses to an appreciation of the importance and benefits of corporate social responsibility (CSR) and good environmental performance. It further explores the conceptual and practical limits of the metaphor of the TBL and sets out what can be achieved through regulation and legislation, presenting detailed professional procedures for environmental accounting and management and social auditing. The contributors' wealth of experience and insight provides a vivid picture of how much attention is now being focused by businesses on delivering more than just financial targets, and they clearly outline the necessary steps for successfully continuing along this trajectory.

Key Concepts in Corporate Social Responsibility

Key Concepts in Corporate Social Responsibility

Author: Suzanne Benn

Publisher: SAGE

ISBN: 9781847879288

Category: Business & Economics

Page: 246

View: 392

Introducing the key concepts in corporate social responsibility, Suzanne Benn brings together the essential issues relevant to the responsible management of businesses, not-for-profit organizations and government. With detailed coverage and cross-referencing for each concept and over 50 concepts introduced, this guide to both the theory and implementation of CSR and sustainability, provides an indispensable reference for any student of the subject.

Redefining University Leadership for the 21st Century

Redefining University Leadership for the 21st Century

Author: Christine Chow

Publisher: Bentham Science Publishers

ISBN: 9781681087498

Category: Business & Economics

Page: 165

View: 854

In a constantly changing economic environment, higher education institutions need to adapt in order to be relevant to their stakeholders and the society. The unpredictable landscape also demands a fresh approach as university presidents are increasingly subject to high resolution and three-dimensional scrutiny. Instead of relying on last century’s old management mindset, university leaders must build institutions that are agile and flexible, which can continuously learn to adapt to the changing environment. Redefining University Leadership for the 21st Century is a treatise on the challenges universities face in current times. Readers will understand, in three parts, the heart of what makes a great university. The initial part of the book covers the market failures and the management practices that have led to the erosion of confidence in universities among stakeholders. The authors examine the consequences of market failures caused by the marketization of higher education: an oversupply of graduates, student dissatisfaction, mismatch between qualifications and needed skills, student disillusionment, and the diminishing return on investments by students and their families. Next, authors offer concrete advice on how universities can future-proof university graduates in this fast-changing world of the fourth industrial revolution and artificial intelligence. The authors also provide valuable strategies to help university leaders to lead effectively in this uncertain world with a concluding case study on the University of Hong Kong. With its clear, logical and concise presentation, Redefining University Leadership for the 21st Century is a must-read for anyone who leads, works or studies in a university, or is interested in current trends in the higher education sector.

Understanding Business Ethics

Understanding Business Ethics

Author: Peter Stanwick

Publisher: SAGE

ISBN: 9781452256559

Category: Business & Economics

Page: 584

View: 443

Highly applied and packed with real-world examples and cases, Understanding Business Ethics, Second Edition by Peter A. Stanwick and Sarah D. Stanwick, prepares readers for the ethical dilemmas they may face in their chosen careers by providing broad, comprehensive coverage of business ethics from a global perspective. The book’s 26 cases deal with a variety of ethical areas, including Ponzi schemes, fraud, product recall, bribery, telephone hacking, insider trading, the illegal downloading of copyrighted material, the unethical and dangerous activities of a monopoly, and dangerous working conditions, as well as four cases that emphasize the positive aspects of business ethics.

Economic Growth and Financial Development

Economic Growth and Financial Development

Author: Muhammad Shahbaz

Publisher: Springer Nature

ISBN: 9783030790035

Category: Business & Economics

Page: 237

View: 844

This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies. By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.

Recent Developments in Asian Economics

Recent Developments in Asian Economics

Author: William A. Barnett

Publisher: Emerald Group Publishing

ISBN: 9781838673611

Category: Business & Economics

Page: 480

View: 475

Recent Developments in Asian Economics is a crucial resource of current, cutting-edge research for any scholar of international finance and economics. Chapters cover a wide range of topics, such as social welfare systems, organizational culture, sustainability, the impact of economic policy uncertainty, and more.

The Business Environment

The Business Environment

Author: Paul Wetherly

Publisher: Oxford University Press

ISBN: 9780198739920

Category: Business

Page: 531

View: 810

The only book with a 'themes and issues' approach that encourages critical engagement with contemporary debates in the business environment.

Beyond Play

Beyond Play

Author: Dawn Pretorius

Publisher: Xlibris Corporation

ISBN: 9781493194360

Category: Business & Economics

Page: 448

View: 166

There is a lot of information available on governance, risk and compliance as separate subjects but little on the interrelation between the three components known in the industry as enterprise-wide governance, risk and compliance (eGRC). This book brings eGRC to the reader in a way that starts with simple concepts and builds on them to provide insight and a practical guide for a holistic approach to eGRC. Companies have to manage risk in order to remain a sustainable force in the marketplace. Efforts to reduce risk can, unintentionally, be uncoordinated, disjointed or even neglected. Through not implementing a more cohesive and systematic approach to managing risk, opportunities to benefit the company can also be missed. Beyond Play offers a practical and simple approach. Compliance is a very specific form of risk: that of complying with the law, but the role of the compliance officer includes a lot more. Working with the law and regulators and applying a compliance methodology are explained to provide value to learners, compliance officers, managers, prescribed officers and directors. Many companies 'play' at corporate governance, probably because it is perceived as being 'too big' to grasp. This book will change your thinking and will help directors' pave the way for implementing a framework that can be worked with on a practical level within an enterprise wide risk management context. the systemic nature of risk means it can spread to customers, shareholders, communities and economies as the credit bubble of 2008 has proved. Equally, a company that applies a robust an intelligent approach to eGRC has a positive influence on the marketplace, the community and a nation. Do you believe that your business, whether for profit or not for profit and on the basis on which it currently operates, is sustainable in an increasingly dynamic world? This book uses examples from the financial services industry; it also makes reference to South African legislation and governance codes. These references do, however, focus on international best practices so the methodologies can be universally applied. Governance, risk and compliance is an integrated concept to be incorporated within an enterprise risk framework which helps an organisation, either private or public, for profit or non profit, to direct its strategies and operations with integrity and within the law; the reason being to achieve its goals in such a way that its stakeholders and the economy as a whole are never compromised or put at risk beyond that which has been carefully defined and deemed acceptable.