By Stuart L. Hart
Today’s period of monetary quandary has despatched a robust message: The age of "mercenary" capitalism is finishing. We needs to eventually embark on a brand new age of sustainable, stakeholder-based capitalism. whereas enlightened executives and policymakers comprehend the serious desire for swap, few have tangible plans for making it take place. In Capitalism on the Crossroads: subsequent new release enterprise suggestions for a Post-Crisis international, 3rd Edition, Stuart L. Hart provides new innovations for picking out sustainable items, applied sciences, and company versions that may force urgently wanted progress and support clear up social and environmental difficulties on the similar time.
Drawing on his event consulting with best businesses and NGOs around the globe, Hart indicates tips on how to craft your optimum sustainability technique and triumph over the constraints of conventional "greening" methods. during this version, he offers new and up-to-date case experiences from the U.S. and worldwide, demonstrating what’s operating and what isn’t. He additionally publications enterprise leaders in development an organizational "infrastructure for sustainability"--one that could live on budgeting and boardrooms, recharging innovation and development all through what you are promoting. become aware of:
· the recent enterprise case for pursuing sustainable capitalism
· Sustainability concepts that cross a long way past environmental sensitivity
· easy methods to totally embed what you are promoting within the neighborhood context--and why you should
· strategies for making long term sustainability paintings in a non permanent world
Read or Download Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, 3rd Edition PDF
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Extra info for Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, 3rd Edition
This simple requirement has fomented a revolution in product 28 CAPITALISM AT THE CROSSROADS stewardship and “green design” protocols, using life-cycle management as its core principle. Rather than focusing only on the phase of the product’s life cycle that the company controls (manufacture or assembly), product stewardship means designing products to take account of their entire life cycle, from the sourcing of raw materials and energy from the Earth to the reuse, remanufacture, or return of the materials to the Earth.
11 Furthermore, in certain situations, preventing pollution through process or product redesign could actually save money, reduce risk, and even improve products for the firm. 12 Not surprisingly, parlaying environmental and social performance into improved business performance required a set of supporting or complementary capabilities, such as employee empowerment, quality management, cross-functional cooperation, and stakeholder engagement. 13 Breaking Free of Command-and-Control Accompanying the greening revolution in the corporate sector was the emergence of a new philosophy in regulation and public policy that recognized the limitations (and expense) of conventional regulation and the end-of-the-pipe mentality.
The World Bank, World Development Report (New York: Oxford University Press, 2000). 25. David Korten, When Corporations Rule the World. 26. ” 27. K. Prahalad and Ken Lieberthal, “The End of Corporate Imperialism,” Harvard Business Review 76(4) (1998): 68–79. 28. K. Prahalad and S. Hart, “The Fortune at the Bottom of the Pyramid,” Strategy+Business, 26 (2002): 2–14. 29. The World Bank, World Development Report. 30. Barbara Tuchman, The Proud Tower: A Portrait of the World Before the World (New York: Ballantine Books, 1962).