One challenge with stakeholder/better business ideas is that there are so many things to be good (and bad) at. Is it enough to be good for the environment if you are awful to your employees? If you give money to your local community does that absolve other sins? Opinions might reasonably differ. As such we…
Search Results for: sustainable business
Is Sustainable Competitive Advantage A Useful Goal
I must confess to being a bit dubious about the idea of sustainable competitive advantage. It seems designed to allow people to pontificate with a pronouncement that sounds meaningful. Yet, speaking about sustainable competitive advantage often requires little actual evidence given the underlying idea is a bit vague. Sustainable Competitive Advantage A competitive advantage isn’t…
A Sustainable Standard When Accounting For Marketing
The Sustainability Accounting Standards Board (SASB) seems to have been remarkably successful. They have recruited some well-known board members. These have included Michael Bloomberg, Mary Schapiro (former SEC chair), and Laura Tyson (former London Business School Dean). This has helped them raise their profile. They have been working on a sustainable standard when accounting for…
Laziness Is A Sustainable Resource
People can be lazy. We often don’t find out all information relevant to the decision we are making. It is hard work to find information. Our decisions based upon limited information can lead to personally or environmentally destructive outcomes. People wouldn’t make these decisions if they thought a little harder. This is a problem. What…
Profound Market Shifts Towards Sustainability
John Elkington is a leading thinker in business sustainability. He is likely best known for advancing the idea of the Triple Bottom Line, see here. He has a somewhat positive take on where humanity is going regarding sustainability. He sees profound market shifts towards sustainability coming. He calls these Green Swans. Green Swans, Black Swans,…
Eliminating The Concept Of Waste
In their book Cradle to Cradle, sustainability writers William (Bill) McDonough and Michael Braungart argued that we should be thinking not in terms of Cradle to Grave — birth to death — for products. Instead, we should be thinking of reuse. Their second book along those lines, Upcycle, goes further. Their basic argument is that…
Environmental Impact Equation
Ray Anderson is a bit of a legend in sustainable business circles. He was from Georgia and even played American football for Georgia Tech to which he later bequeathed a Center in Sustainable Business. Today I’ll look at his book — Mid-Course Correction, and highlight the way he saw the role of technology in an…
The Brussels Effect
The Brussels Effect is a phenomenon whereby regulations created by the EU (European Union) become global standards. A key point is that this is something that the EU can do on its own. It isn’t about expanding regulation through multilateral treaties whereby Brussels attempts to get other states to adopt the EU rules. Instead, the…
Managing For Stakeholders
My second post on Paul Polman’s (former Unilever CEO) and Andrew Winston’s great book, Net Positive, covers a random bunch of advice and ideas that they give on managing for stakeholders. How best to manage a firm with more than just the shareholders in mind? Better Business Practice Can Lead To Better Opportunities Many in…
B Corp Research Papers
There is a lot of work being done by academics on B Corp research papers, i.e., research related to B Corporations. The Challenge And Potential Benefit Of B Corp Research One of the challenges of such research is the fact that research cuts across disciplinary boundaries. (To be fair this is also a strength —…