Sustainability and Three Backbones
My constant meaning of Sustainability of business includes planning and overseeing monetary, social, and natural concerns and requests all pointed toward guaranteeing a moral and dependable achievement.
I am confident in what I do on the grounds that it is more than decreasing my effect on the world. It can assist my business by making it more beneficial and tough this will save me on expenses and give me an edge.
My comprehension of manageability and what I read in this article are close in importance however the article beats it in detail.
The meaning of maintainability from the article looks like mine as both turn around the three backbones of financial, social, and natural measurements. The article adds another muscle to my definition, triple bottom line.
Triple bottom line is a concept that holistically emphasizes the profit, people, and the planet.
The author’s perspective is clear and makes me modify my definition of sustainability a little bit. It is true that businesses that are able to compete effectively start by making informed decisions, attracting and retaining staff and developing a loyal customer base since they have an eye on the triple bottom line.
The definition of sustainability from the article has also made me understand the social, economic and environmental measures that go into the index of triple bottom line.
Sustainability is a path to chart for the future. This is a future that assembles a disciplined management of resources and strategic use of both human and natural resources. An effort to embrace the areas defined herein can result in meaningful outcomes for businesses in the form of new business opportunities, significant cost savings, and enhanced brand reputation. The use of the triple bottom line can help my business realize how it survives in the economy thereby assuring its survival in the future. The author has also caused me to change my working definition of sustainability since I can measure my business along these parameters and view it both as an environmental and a social entity.
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