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Cloth ISBN: 9780804759632
Digital ISBN: 9780804771429
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.
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.
"[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