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Sustainable Value: How the World's Leading Companies Are Doing Well
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In Sustainable Value, Chris Laszlo illustrates how the competitive strategies of some of the world's largest businesses are changing as their leaders begin to take on a number of the world's most important social, environmental, and economic issues.
Part I of the book is a management fable about a young CEO and the challenges she faces in addressing her company's impact on society and the environment, while remaining profitable. Based on forward-thinking business leaders the author has worked with over the past twenty-five years, her character reveals how a small but influential group of leaders are re-inventing the role of business in society by offering new solutions to global problems that the public sector has been unable to tackle alone.
Part II outlines the new competitive environment in which societal challenges are becoming huge business opportunities. It showcases global industry leaders who are successfully integrating sustainability into their core activities as they respond to issues such as climate change, ecosystem health, and global poverty—not only from a sense of moral correctness, but because it makes good business sense. It demonstrates that, in the "new" competitive environment, stakeholder value built on a company's economic, ecological, and social impact is becoming an effective way to achieve competitive advantage. The real-life sustainability stories of DuPont, Wal-Mart, Lafarge, and Cargills NatureWorks are guided by top management with Profit & Loss responsibility.
Part III introduces the Sustainable Value tool-kit—a step-by-step approach to creating and managing value for stakeholders in a broad range of sectors in today's shifting competitive environment. The tool-kit is based on the authors many consulting engagements and executive working sessions in Fortune 1000 companies. These sessions, and this book, are designed to equip managers with the skills to identify how and where they can do well by doing good, thus providing them with the means to build sustainable value and compete effectively in the twenty-first century.
- Sales Rank: #915324 in Books
- Brand: Brand: Stanford Business Books
- Published on: 2008-01-16
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .80" w x 6.00" l, 1.02 pounds
- Binding: Hardcover
- 208 pages
- Used Book in Good Condition
Review
"[T]he sooner companies apply the principles set out in this book the better placed they will be."—Patrick J. Cescau, Group Chief Executive Officer, Unilever
"Read Sustainable Value, dispel the myth that environmental responsibility is expensive, and form a new vision of industry as part of the solution rather than a part of the problem; and more profitable at that, not less."—Ray Anderson, Founder and Chairman, Interface, Inc.
"Sustainable Value is a bold and inspiring read for managers who want the 'story' of sustainability as well as compelling case studies accompanied by a structured guide to managing in the new business context."—Luk Van Wassenhove, The Henry Ford Chaired Professor of Manufacturing, INSEAD
"Chris Laszlo's message is huge and simple: we are on the eve of one of the greatest revolutions in management history. . ."—David Cooperrider, Weatherhead School of Management, Case Western Reserve University
"Chris Laszlo has done it again!"—Nancy J. Adler, McGill University
About the Author
Chris Laszlo is the author of The Sustainable Company: How to Create Lasting Value through Social and Environmental Performance (2003, 2005). He is a Co-Founder and Partner of Sustainable Value Partners, which has trained thousands of Fortune 500 executives in "Sustainability for business advantage." He is currently Visiting Professor at the Case Weatherhead School of Management in Cleveland, Ohio, and Visiting Professor at Cedep, the Executive Education program at INSEAD in Fontainebleau, France.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Three books in one
By Bruce W. Bendix
This book provides new, valuable content in several areas not found in other books on sustainability. First, it provides a management fable which brings sustainable value to life beyond the theory. Second, it provides some excellent case studies including superb insight into the Wal-Mart story. Finally, it provides tools in the last third of the book to help managers create sustainable value in their own companies. Since it is essentially three books in one, its title speaks also to the value to the reader.
2 of 2 people found the following review helpful.
Taking Corporate Responsibility to the next level
By Joel Luboff
This is an important book. One often hears about the need for companies to `balance' social, environmental and financial concerns, but Chris Laszlo takes these concepts to the next level. He demonstrates convincingly that these three areas are all integral part of doing business. Ignoring a company's environmental or social impact not only puts financial interests at risk; doing so also means missing key opportunities for innovation, profits and sustainability. As Unilever CEO Cescau says in the foreward, "it's not just matter of doing well - it's about doing better by doing good." Laszlo proves his points in several ways - with a fable based on actual observation, several case studies of top companies, and finally, with an 8 step approach to making it happen in your small or large company. What if you're convinced of these things already ? Think seriously about giving this book to somebody who isn't - especially if you work for a large company as I do.
1 of 1 people found the following review helpful.
A book for anyone wanting to improve their business
By Ante Glavas
Sustainable Value is a refreshing addition to the increasing literature on "green" which often focuses on the ethical and emotional reasons for sustainability but does not make any suggestions for how businesses can actually implement sustainability. The book provides a practical framework as well as examples for business leaders so that they can integrate sustainability into the strategy and daily practices of their business. The key word is "integrate"... Most employees on a personal level probably agree that we need to take care of our our planet but when it comes to their work, they see sustainability as an addition to the their work, which is increasingly becoming demanding and full of stress. Unless sustainability can help them achieve their business goals, most people will not get around to implementing sustainability. Laszlo's book explains in compelling and easy to understand language how sustainability can truly be what helps a business become a leading star.
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