A small but influential group of mainstream global industry leaders are now reinventing the role of business in society. They are shifting the focus away from minimizing negative impacts to offering new solutions to global problems that the public sector has been unable to tackle alone. In this new competitive environment, societal challenges such as climate change or the alleviation of global poverty are not only risks, but huge business opportunities, not only for niche players, but for mainstream business. These leaders are creating 'Sustainable Value' . They are creating it through the provision of value to both their shareholders and their stakeholders - an ever-growing list of diverse constituents impacted by the social, environmental, and financial performance of global business. In short, they are doing well by doing good. In this outstanding book, Chris Laszlo defines, illustrates, and shows how business can action Sustainable Value in three profoundly different ways. First, a management fable looks at the experiences of a dynamic business leader as she grapples with the new business realities of managing stakeholder, as well as shareholder pressures. Second, with the real thing - inside stories from some of the largest corporations in the world that are successfully integrating sustainability into their core activities, not only from a sense of moral correctness, but because it makes good business sense. And, finally, with frameworks, tools, and methods that will make sustainable value creation concrete for business practitioners everywhere. This book is a masterful synthesis - part novel and part executive briefing - a refreshing kind of prophetic pragmatism, helping leaders anticipate and see the future in the context of the actual. In Sustainable Value Chris Laszlo speaks with resounding clarity to the living challenges, the real dilemmas, and haunting questions of CEOs everywhere.
Sustainable Value
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At a time when more and more business people are waking up to their contribution to environmental degradation and talking about the importance of moving toward sustainability, there is precious little in the business literature about how to do sustainability. Chris Laszlo has written a valuable guide that begins to fill the gap between talk and action. Read 'Sustainable Value', dispel the myth that environmental responsibility is expensive, and form a new vision of industry as part of the solution rather than a part of the problem; and more profitable at that, not less. Ray Anderson, Founder and Chairman, Interface, Inc. --Interface
In the swelling sea of sustainability literature, Chris Laszlo s Sustainable Value offers an island of clarity and focus. By combining compelling storytelling with actual cases and tools, he shows how mainstream companies can build competitively superior strategies by solving the world s social and environmental problems. Prepare to cast the trade-off myth adrift once and for all. Stuart Hart, S.C. Johnson Chair in Sustainable Global Enterprise, Cornell University --Cornell University
Integrating sustainability into business activities is increasingly driving innovation and entrepreneurship. Global industry leaders are leapfrogging traditional EH&S and CSR approaches in favor of new business models that create value for shareholders and for society. Sustainable Value is a bold and inspiring read for managers who want the story of sustainability as well as compelling case studies accompanied by a structured guide to managing in the new business context. Luk Van Wassenhove, The Henry Ford Chaired Professor of Manufacturing, INSEAD --Insead
In the swelling sea of sustainability literature, Chris Laszlo s Sustainable Value offers an island of clarity and focus. By combining compelling storytelling with actual cases and tools, he shows how mainstream companies can build competitively superior strategies by solving the world s social and environmental problems. Prepare to cast the trade-off myth adrift once and for all. Stuart Hart, S.C. Johnson Chair in Sustainable Global Enterprise, Cornell University --Cornell University
Integrating sustainability into business activities is increasingly driving innovation and entrepreneurship. Global industry leaders are leapfrogging traditional EH&S and CSR approaches in favor of new business models that create value for shareholders and for society. Sustainable Value is a bold and inspiring read for managers who want the story of sustainability as well as compelling case studies accompanied by a structured guide to managing in the new business context. Luk Van Wassenhove, The Henry Ford Chaired Professor of Manufacturing, INSEAD --Insead
About the Author
Chris Laszlo is the author of The Sustainable Company: How to Create Lasting Value through Social and Environmental Performance, published by Island Press in October 2003 (paperback July 2005). A co-founder and partner of Sustainable Value Partners, he has trained thousands of Fortune 500 executives in sustainability for business advantage inside companies and at leading business schools around the world. He is a partner of Blu Skye Sustainability, the leading strategy consulting firm. For nearly ten years, he was an executive at Lafarge SA, a world leader in materials, holding positions as head of strategy, general manager of a manufacturing subsidiary, and vice president of business development. Prior to Lafarge, he spent five years with Deloitte Touche consulting. Educated at Swarthmore College, Columbia University, and the University of Paris, Chris earned his PhD in Economics and Management Science. He is currently Visiting Professor at the Case Weatherhead School of Management in Cleveland, Ohio, where he is also Associate Director for Corporate Strategy and Design at the Center for Business as an Agent of World Benefit. Since 2002, he has lectured at CEDEP, the executive education program in Fontainebleau, France, where he is a Visiting Scholar at INSEAD s Center for Social Innovation.
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4.7 out of 5 stars
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4 of 4 people found the following review helpful
5.0 out of 5 stars
Three books in one
18 Feb 2008
By Bruce W. Bendix
- Published on Amazon.com
Format:Hardcover
This book provides new, valuable content in several areas not found in other books on sustainability. First, it provides a management fable which brings sustainable value to life beyond the theory. Second, it provides some excellent case studies including superb insight into the Wal-Mart story. Finally, it provides tools in the last third of the book to help managers create sustainable value in their own companies. Since it is essentially three books in one, its title speaks also to the value to the reader.
2 of 2 people found the following review helpful
5.0 out of 5 stars
Taking Corporate Responsibility to the next level
26 Mar 2008
By Joel Luboff
- Published on Amazon.com
Format:Hardcover
This is an important book. One often hears about the need for companies to `balance' social, environmental and financial concerns, but Chris Laszlo takes these concepts to the next level. He demonstrates convincingly that these three areas are all integral part of doing business. Ignoring a company's environmental or social impact not only puts financial interests at risk; doing so also means missing key opportunities for innovation, profits and sustainability. As Unilever CEO Cescau says in the foreward, "it's not just matter of doing well - it's about doing better by doing good." Laszlo proves his points in several ways - with a fable based on actual observation, several case studies of top companies, and finally, with an 8 step approach to making it happen in your small or large company. What if you're convinced of these things already ? Think seriously about giving this book to somebody who isn't - especially if you work for a large company as I do.
1 of 1 people found the following review helpful
5.0 out of 5 stars
Excellent, Timely Book
10 Mar 2008
By Frank D.
- Published on Amazon.com
Format:Hardcover
Chris Laszlo has written an excellent, timely and useful book, especially for business leaders. Sustainability is rapidly becoming a mainstream business issue, primarily because environmental and social issues are having growing financial impacts on firms. To an increasing degree, business success in essentially all sectors will require sustainability leadership. Sustainable Value provides the specific business case language, tools and case studies needed to implement a leading edge sustainability strategy. Business is the most powerful force in the world. It can play a major role in addressing complex environmental and social challenges. By adopting the approaches laid out in Sustainable Value, companies will benefit society while improving financial and competitive performance.
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4.7 out of 5 stars
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