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Kate Stubbs | Marketing Director | Interwaste | mail me | Our resilience and adaptability have been put to the test more than ever over the last 18...
At the heart of a company’s modern-day social contract is its purpose – a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.
At the heart of a company’s modern-day social contract is its purpose - a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.
Read our exclusive cover story titled GREEN GOVERNANCE - ARE YOUR ESG PRACTICES GEARED FOR SUSTAINABILITY, RESILIENCE & VALUE CREATION? by Esha Mansingh, Executive Vice President Corporate Affairs & Investor Relations, Imperial Logistics and co-chair World Economic Forum New Champions SA Chapter and Lauren Rota, Vice President Group Environmental, Social & Governance, Imperial Logistics, as well a host of other topical management articles written by professionals, consultants and academics in the October/November 2021 edition of BusinessBrief.
Innovation as a management discipline and its application in everyday work life has become synonymous with growth and sustainability. As advocated by innovation guru Gary Hamel since mid- 2000, there is a good understanding that Innovation in management principles and processes can create long-lasting advantage and produce dramatic shifts in competitive position.
The value of resilience as a prerequisite for business success in fast-changing environments has long been clear. The pandemic, however, catapulted resilience to the forefront as indispensable to business sustainability and relevance.
If we really want to encourage the ‘nothing wasted’ mindset, investing in a circular economy model must be taken seriously. Whilst still a relatively new concept, in Africa, this model offers significant opportunities to truly deliver far more inclusive growth for the economy and includes an increase in job opportunities as well as positive environmental practices - all of which is needed for sustainable growth - a dire need for South Africa.
Accenture has been adding value to the South African economy for nearly 50 years. Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We work at the intersection of business and technology to help clients improve their performance and create sustainable value for all our stakeholders.
Entrepreneurs have often played an important role in driving social change over the years. It therefore comes as no surprise that a new wave of 'ecopreneurs' – business owners whose businesses are not only driven by profit, but also by a concern for the environment – are leading the way for sustainable business practices.
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