Sustainable Business Strategies is a consultancy founded in by Andrew W. We work with a wide range of organizations, including Fortune companies and major non-profits, to develop and implement environmental, social, and economic sustainability strategies. For businesses, sustainability is a powerful and defining idea: a sustainable corporation is one that creates profit for its shareholders while protecting the environment and improving the lives of those with whom it interacts. It operates so that its business interests and the interests of the environment and society intersect. A sustainable business stands an excellent chance of being more successful tomorrow than it is today, and remaining successful, not just for months or even years, but for decades or generations. The best companies are finding ways to turn this responsibility into opportunity.
The Triple Bottom Line: What Is It and How Does It Work?
Rich Rutherford | Bottom Line Strategy Group | Bottom Line Strategy Group
As the war for talent heats up, a growing number of companies are investing heavily in perks to make employees happy. A second study , led by the University of Tennessee, aims to put things to the test in real-world environments. The researchers analyzed data from the Thomson Reuters ASSET4 database on employee relations and overall company financial performance from 3, companies spread across 43 countries over a 12 year period to The data contained five specific aspects of workplace culture that most accurately represent how those organizations treat their employees. These included employment quality, health and safety, training and development, diversity and human rights and labor laws.
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When business owners strategize ways to increase profits, their energy is usually focused on how they can attract more customers to generate additional sales. However, working smarter — not harder — is the key to boosting the bottom line. Improving net earnings is directly linked to controlling costs, increasing productivity, marketing resourcefully and tightening credit terms. Well-trained employees who know the scope of their jobs and are held accountable for their productivity can save companies thousands of dollars each year. The time and money invested in training employees to be savvy customer service representatives, enthusiastic brand ambassadors and productive team members are returned in higher-quality products, increased output, happier customers and better retention rates.
Imagine going to work every day for a company that you are truly excited about, and proud to be a part of. They stand out from the typical "cut-throat" business world by the way they treat suppliers, their commitment to environmental sustainability, their ethical investments, and their desire to empower and promote their team members instead of dragging them down. There is a constant air of excitement and possibility at the office, and you love coming to work each day. Sounds pretty amazing, right? Well, a company like this isn't just a fantasy any more.