Entries by Bob Willard

4 Videos about Sustainable Business Models

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Can a company that uses today’s business model actually become a sustainable enterprise? Or, do we need entrepreneurs to launch new companies—with new business models, purposes, and measures for success which align with sustainability principles? This can be an emotionally charged debate. Sometimes, viewing a video allows people to reflect on points of view put forward by spokespeople in the film and to refine their own perspectives accordingly.

Here are four videos that are helpful catalysts to the dialogue about corporate business models. They are intended to support the possibility of companies making the transformation to being sustainable enterprises.
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3 Videos about Our Unsustainable Economic Model

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Today’s business model demands continuous growth. It is designed to foster ever-higher levels of consumption of our increasingly scarce resources. It permits a company to externalize the costs of many of the social and environmental impacts of its operations and of its products’ usage. It limits a company’s liabilities for impacts for which it is, or should be, accountable. It almost requires companies to continue their race to the bottom and seek ever-cheaper sources of labor.

Three good videos illustrate why today’s economic model is unsustainable. To view these videos in full screen, click on the arrows in the bottom right corner of the video.  If you are receiving this blog post via email, click on the title of the video to view it.
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3 Videos about Global Society, Diversity, and Inequities

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A picture is worth a thousand words; a video is worth a thousand pictures. As sustainability champions, it’s helpful to have a few short, crisp videos up our sleeves to help audiences understand whatever point we are making about sustainability strategies.

Here are three that remind us of the challenges we have with the social justice dimension of sustainability. Click on the arrow icon on the bottom right of each video to expand it to full screen.
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Volunteerism Energizes Employee Engagement

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Employee volunteers are an important dimension of any company’s philanthropic efforts. When employees are engaged in a company’s social and environmental initiatives, people see that the company is more than a bank throwing money at random causes in an effort to buff up its image.

They see the company as made up of people who care about tough social and environmental issues. Its employees bring their talent, time, and energy to causes that they personally care about and which align with their company’s mission. Who would have thought that a surprise co-benefit of the company’s support for these projects is the volunteers’ higher level of engagement and productivity in the workplace?
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CSR Efforts Correlate with Employee Engagement

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“People buy from people they trust.” That was a slogan we used in sales training at IBM. We used it to reinforce the human element of a customer-supplier transaction. No trust, no sale. There’s a similar dynamic in the relationship between employees and their companies.

If employees’ values resonate with their company’s values, and if they trust that their company genuinely cares about the same things they care about, then they are more energized and productive.  A company’s corporate social responsibility (CSR) efforts signal what it cares about. Their co-benefit is that they seem to increase employee engagement.
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CSR Efforts and Employee Engagement Drive Business Results

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Wouldn’t it be great if we could show that companies which embrace corporate social responsibility (CSR) reap financial rewards? Sustainability champions armed with this information would be welcomed by business leaders seeking new ways to get the most from their companies’ resources and efforts. Fortunately, the links between CSR efforts, employee engagement, and business results are becoming clearer.
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The Sustainability-Enabled Business Value Chain

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business value chain

In my September 21, 2010 blog, I synergized a generic business value chain. It’s based on several other models and frameworks, and represents the most important elements from each. Why would sustainability champions care? When selling sustainability strategies to business leaders who are preoccupied with ensuring that every link of their value chain is optimized, we need to meet them where they are.

We need to relate our propositions to their business priorities, and show them that our recommendations will help them beat their competitors. By showing how sustainability-related strategies are helpful to key elements in their current business model, we gain their support and accelerate their adoption of sustainability-based approaches. We make sustainability relevant.
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A 15-Link Generic Business Value Chain

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The March-April 1994 issue of the Harvard Business Review (HBR) featured a seminal article, “Putting the Service-Profit Chain to Work,” by James L. Heskett, Thomas O. Jones, Gary W. Loveman, W. Earl Sasser, Jr., and Leonard A. Schlesinger. At that time, I was working in IBM Canada’s Leadership Development department.

The article was a welcome reinforcement for the important role that mangers play in building an energizing and empowering work environment for their employees—a foundational link in a chain of value leading to company success.
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4 Reasons Why the WBCSD’s Vision 2050 is Significant

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At the World CEO Forum in New Delhi, India, in February 2010, the World Business Council for Sustainable Development (WBCSD) released its Vision 2050: The new agenda for business report. Pulling this together was not a trivial task. It was compiled over an 18-month period by 29 leading global companies who represent 14 industries. It reflects the combined efforts of CEOs and experts, and benefits from dialogues with over 200 companies and external stakeholders in some 20 countries. The effort was significant. So is its content, for four reasons.
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3 Recent Guides for Sustainability Champions

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In my bibliography at the end of The Sustainability Champion’s Guidebook, I list “20 Good Books on Transforming to a Sustainable Enterprise.” Happily, that list of resources for agents of transformation keeps growing. Here are three more excellent, free, downloadable resources that came out in the last year which I would welcome to my previous list of 20:

  1. Planning for Sustainability, from The Natural Step
  2. Making Your Impact at Work, from Net Impact
  3. Greening your Business, from the RBC Royal Bank

1. The Natural Step’s Planning for Sustainability: A Starter Guide
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