By Eric Olson
Larger eco-friendly enterprise brings jointly functional insights and start-to-finish suggestions for relocating any company to a better point of environmental stewardship. Drawing on his wide adventure from operating throughout industries and practical limitations, Dr. Eric G. Olson indicates tips to systematically force “win-win-win” earnings: becoming top-line profit, assisting shoppers raise potency, and bettering the surroundings while. Olson introduces strong enterprise technique transformation methodologies and applied sciences for expanding operational potency and lowering waste, together with IBM’s impactful eco-friendly Sigma process. He additionally identifies new possibilities to force price by way of “instrumenting the planet” and introduces the applied sciences that make this attainable. ultimately, he assesses long term traits that might make “green enterprise” more and more the most important within the coming years. Defining “green process” and crafting transformation plans that workComplementing conventional procedure, bettering operations, and making eco-friendly approach actionable utilizing eco-friendly Sigma to minimize environmental effect and force enterprise valueIncludes a close case learn on lowering firm carbon emissions and prices Instrumenting the planet for a extra clever, sustainable worldNew know-how recommendations and ideas for environmental stewardship waiting for the way forward for eco-friendly business–and all businessCritical source and environmental tendencies that might reshape enterprise administration
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Extra resources for Better Green Business: Handbook for Environmentally Responsible and Profitable Business Practices
Clearly labeled recycling and waste receptacles can be placed where they are most likely to be used. Other tools, such as videoconferencing, can provide an alternative to face-to-face meetings that require travel. Tools that allow employees to telecommute from a home or remote office location also help reduce energy consumption by eliminating automobile mileage from commuting. Targeted, point solutions can solve one particular problem yet assist in virtually any industry. For instance, most companies that manage a fleet of vehicles for product deliveries could benefit from route-optimization software that minimizes the miles driven across multiple deliveries and across many delivery vehicles.
If improved environmental stewardship relied on price pressure alone as a driving force, the world would be destined to experience an endless ebb and flow of cyclical activity without new taxation or “cap-and-trade” mechanisms. As prices rise, initiatives for environmental stewardship would become popular; but when global demand and prices declined, the improvement activity would also decline. As improved environmental stewardship reduces the global consumption of scarce natural resources, global demand is more easily met with existing supplies, and the risk premium built into commodity prices can potentially disappear quickly.
1] Training that connects the science of global warming, the associated climate and weather change, and depletion of scarce natural resources with actions that employees can take to make a difference represents a level of sophistication above awareness training. Many companies are now in a position to effectively provide this type of training to their employees. Environmentally conscientious companies can adapt employee new-hire training and refresher training to strengthen conservation behavior, such as turning off lights and recycling paper.
Better Green Business: Handbook for Environmentally Responsible and Profitable Business Practices by Eric Olson