Author: Laszlo, Chris
Source: Stanford Business Books
Number of pages: 208
A small but influential group of mainstream global industry leaders are now reinventing the role of business in society. They are shifting the focus away from minimising negative impacts to offering new solutions to global problems that the public sector has been unable to tackle alone. In this new competitive environment, societal challenges such as climate change or the alleviation of global poverty are not only risks, but huge business opportunities, not only for niche players, but for mainstream business. These leaders are creating 'Sustainable Value'. They are creating it through the provision of value to both their shareholders and their stakeholders - an ever-growing list of diverse constituents impacted by the social, environmental and financial performance of global business. In short, they are doing well by doing good.
In this book, Chris Laszlo defines, illustrates and shows how business can action 'Sustainable Value' in three profoundly different ways. First, a management fable looks at the experiences of a dynamic business leader as she grapples with the new business realities of managing stakeholder, as well as shareholder pressures. Second, with the real thing - inside stories from some of the largest corporations in the world that are successfully integrating sustainability into their core activities, not only from a sense of moral correctness, but because it makes good business sense. And, finally, with frameworks, tools, and methods that will make sustainable value creation concrete for business practitioners everywhere.