- October 21, 2013
- Posted by: hpiadmin
- Category: Power Ideas
There are many proven reasons to implement a sustainability strategy. Here are some that you may find of value for your organization:
- Improving your profitability (doing good things in order to do well)
- Existing or impending regulations
- Your customers are (or will be) demanding it
- Your competition is doing it and they look better as a result
- Improving your corporate image
- Reflection of your moral organizational values
- You’ve identified specific incentives and financial returns
- It’s easier to recruit top talent who share your values
- It’s where the world is going and you don’t want to be left behind
- You’ve identified new revenue streams or new business opportunities
- It gets you to think outside the box – to be innovative
- It’s a logical extension of existing efforts (process improvement, employee involvement, operating efficiencies, etc.)
- You have a greater understanding of environmental needs
- Sincere concern for the future and our children
- Personal experiences
- Improving employee morale and loyalty
- Risk avoidance; being pro-active in addressing sustainability issues can prevent environmental liabilities
- Because it is the right thing to do
Here are some questions for you:
- Which of these reasons could have the greatest impact on our organization? How? Be Specific.
- What unique or other reasons make sense for our organization?
Implementing a sustainability strategy can have a dramatic and positive economic impact to your organization. Sustainability is no longer just for larger organizations. In fact, it’s actually a great deal easier to implement in a small to mid-sized organization.
Tune in next week and we’ll share some examples of sustainability efforts that have had a major impact on the organizations that implemented a sustainability strategy.