Society & Planet » Sustainable Business Model Innovation
Learn more about how companies can reconcile sustainability and sustainable competitive advantage.
This book is a guide on business model design for leaders. The authors argue that business model innovation does not replace traditional strategy, but instead complements it by providing new opportunities to disrupt the market or reinvigorate an established firm by creating an advantaged system of activities.
“To walk the talk on sustainability, companies need to listen to their external stakeholders. They should create a committee of ‘critical friends’, who will challenge them and advise them to develop business solutions that create meaningful environmental and societal benefits.”
“We’re seeing a convergence of values and value. Companies that demonstrate and abide by a clear sense of purpose and values will deliver more value and outperform the market in the long run.”
"It is not about sustainability or business results. It's both, always, at the same time. Sustainability has to be integrated at the heart of the business model."
“My advice to CEOs embarking in this new era of sustainability would be to demonstrate their contribution as a business to society. It is the only way to win, to thrive and be chosen by consumers, employees, investors, and partners. So act, dare and show that you care.”
Companies can no longer simply focus on maximizing total shareholder returns. To win, they must hone sustainable business models.
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