Sustainability is rapidly becoming a critical business strategy, driven by a convergence of factors such as increasing regulation, changing customer expectations, competitor and technology advances, value chain partner requirements, brand equity protection and global risk management.
Companies must undertake sustainability-driven enterprise transformation efforts to improve financial, environmental and social performance. Sustainability, approached the right way, can be a significant driver of enterprise value, and must generate economic value to evolve from an environmental specialty to a mainstream growth engine. Leading companies have begun driving improved shareholder value by broadening the definition of "sustainable enterprise" and by executing "green" practices where doing so delivers positive returns.
In this paper, "Creating the Wholly Sustainable Enterprise,” Chris Park, principal, Deloitte Consulting LLP, and Tim Hanley, vice chairman and U.S. Process & Industrial Products leader, Deloitte & Touche LLP, explain the five major platforms where sustainability principles must be applied to transform the enterprise for value, including:
The Green Products/Services Portfolio
The Green Work force
The Green Workplace
The Green Function/Process Model
The Green Management and Governance Principles
These platforms represent a fundamental change in the strategy and composition of the company, but the changes themselves are incremental and, hence, executable.
To learn more, download the attached point of view from the September edition of Managing Automation magazine.
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Business Issue: Sustainability