Sustainable Value How the World's Leading Companies Are Doing Well by Doing Good

ISBN-10: 0804759634
ISBN-13: 9780804759632
Edition: 2008
List price: $35.00 Buy it from $3.00
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Description: 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  More...

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Book details

List price: $35.00
Copyright year: 2008
Publisher: Stanford University Press
Publication date: 1/16/2008
Binding: Hardcover
Pages: 208
Size: 6.50" wide x 9.50" long x 0.75" tall
Weight: 0.990
Language: English

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. The book's website is at www.sustainablevaluebook.com. 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 poverty2;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-kit2;a step-by-step approach to creating and managing value for stakeholders ina 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.

Chris Laszlo spent nearly ten years as an executive at Lafarge S.A, a world leader in building materials, holding positions as head of strategy, general manager of a manufacturing subsidiary and vice president of business development. Prior to that he spent five years with Deloitte & Touche, where he consulted to global industry leaders such as Dupont, Toshiba, Avon Products, and Renault on strategy. Educated at Swarthmore, Columbia, and the University of Paris, Laszlo earned a PhD with distinction in Economics and Management Science. He is currently a partner and co-founder of Sustainable Value Partners (www.SustainableValuePartners.com), a firm helping companies create value for shareholders and stakeholders.

Foreword
Foreword
Introduction
Deena's story
Life at the top
Turning point
Rebirth of the sustainable company
Mainstream companies that are doing well by doing good
The new competitive environment
DuPont
Wal-Mart
Lafarge
Natureworks LLC, a subsidiary of Cargill
The sustainable value toolkit
Introduction to sustainable value
The eight disciplines
Putting it all together
Postscript: Business as an Agent of World Benefit: How the Holy Grail of business-innovation-can be magnified through the power of sustainable value creation
Endnotes
Index

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