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The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental Success -- And How You Can Too

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The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental Success -- And How You Can Too Cover

ISBN13: 9780787979072
ISBN10: 0787979074
Condition: Standard
Dustjacket: Standard
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Synopses & Reviews

Publisher Comments:

As regulators, environmentalists and socially concerned shareholders play increasingly more powerful roles in the daily affairs of even the biggest companies, the most significant new business concept in recent years is sustainability. It's a hard-line approach to bottom-line fundamentals now being embraced by such aggressive managers as GE, Pepsi and Toyota with encouraging results. By focusing on common ground it helps convert hostile investors into allies and suggests ways to transform potential environmental confrontations into opportunities. The problems are real, so are the solutions that sustainability suggests. Hershey Foods Corp ignored it, and management faltered. Understand it, as Procter & Gamble has worked hard to do, and discover unexpected solutions. The Triple Bottom Line by former Rhodes Scholar Andy Savitz is the first book to chart the rise of sustainability, identify and explain this new management concept, and show organizations, of all sizes and industries, exactly how they can benefit from it.

Andrew W. Savitz knows about sustainability from two decades of work as a corporate environmental advisor and a founding partner of the sustainability practice at PriceWaterhouseCoopers, where he helped firms small and large increase their profitability and their responsiveness to environmental and social problems. Before that he was a senior environmental law officer for the Commonwealth of Massachusetts. Savitz now runs, Sustainable Business Strategies, an independent advisory firm in based in Boston.

Review:

"Whether you are a corporate manager, investor, consumer, or public official, this book will change your view of how corporations can succeed for themselves and for society. Savitz combines vision and practical advice in an elegant presentation." George Stephanopoulos, chief Washington correspondent, ABC News anchor

Review:

"Informative, persuasive, and practical, containing valuable advice for anyone seeking a more responsible and profitable approach to business." Steve Reinemund, chairman and chief executive officer, PepsiCo

Review:

"The main challenge of sustainability is how to take it from concept to action. Andy Savitz communicates in plain language what sustainability is and how everyone in the organization can help achieve it." Charles O. Holliday, Jr., chairman and chief executive officer, DuPont

Review:

"An engaging mix of powerful ideas and practical advice. Values matter and Savitz shows how profitability and responsibility can and must go hand in hand." Michael Morris, chairman, president, and chief executive officer, American Electric Power

Review:

"At long last a plain English, action-oriented guide to business sustainability illustrated with practical examples from world-class companies." Richard Cavanagh, president, The Conference Board, Inc.

Review:

"Andy Savitz gets it. He also happens to be witty, sensible, and a good writer as well as a good business strategist — sort of a modern Ben Franklin. That makes this book a joy to read as well as indispensable for businesspeople who wish to succeed in this new age." Walter Isaacson, presidentand chief executive officer and former chairman, Aspen Institute

Review:

"A bold and readable foray into this complex subject. Readers will come away enlightened." Kert Davies, research director, Greenpeace US

Book News Annotation:

Where most books on sustainability focus on how societies can benefit if companies take a more responsible approach, Savitz' text centers on how companies can become more profitable by doing the right thing. The author first looks at how and why some well known corporations have begun to respond to pressures for greater accountability in recent years, and then offers corporate leaders a set of tools--must-do's, don't do's, and simple charts and lists--and stories demonstrating how to adjust business practices to achieve sustainability. Formerly head of PricewaterhouseCoopers' Sustainability Business Services, Savitz' is now with an independent advisory firm based in Boston. Jossey-Bass is an imprint of Wiley. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)

Synopsis:

The Triple Bottom Line by former Rhodes Scholar Savitz is the first book to chart the rise of sustainability, identify and explain this new management concept, and show organizations, of all sizes and industries, exactly how they can benefit from it.

Synopsis:

The Triple Bottom Line is the groundbreaking book that charts the rise of sustainability within the business world and shows how and why financial success increasingly goes hand in hand with social and environmental achievement. Andrew Savitz chronicles both the real problems that companies face and the innovative solutions that can come from sustainability. His is a hard-line approach to bottom-line fundamentals that is re-making companies around the globe.

Synopsis:

The first book to chart the rise of sustainability as a profit motive — an essential new management principle

In a survey of 900 global corporations released by PricewaterhouseCoopers in 2003, 80 percent of CEOs said they believe "sustainability" is or soon will be vital to the profitability of their company, and 71 percent said they would consider sacrificing short-term profits to move their company towards sustainability — a sure sign that the world's leading CEOs see it as the corporate model of the future. Just what is sustainability? In a nutshell, it is a management principle that aims to create long-term shareholder value by seizing opportunities and managing risks related to the economic, environmental, and social impact of doing business. By putting the profit motive alongside a concern for the environment and for people, this movement has created what we unclear who "we" is — the author? call a "win-win-win" situation. Its leaders are solid in the Fortune 100 — companies like General Electric, DuPont, BP, Pfizer, and HP — and it is rapidly spreading to all companies that are looking towards a sustainable business model. The Triple Bottom Line is the first book to chart the rise of sustainability, identify and explain the new paradigm, and show organizations, of all sizes and industries, exactly how they can benefit from it.

About the Author

Andrew Savitz (Cambridge, MA), perhaps the world's most foremost expert on the critical new subject of sustainability, is the lead partner in the Sustainability Business Services practice at PricewaterhouseCoopers. He also serves as PwC's liason delegate to the World Business Councilfor Sustainable Development and its representative to the U.S. Conference Board's Townley Center, which covers environmental and corporate social responsibility issues.

Table of Contents

Introduction ix

Part One: The Sustainability Imperative

1. Selling Hershey: A Business Fable for Our Times 3

2. The Sustainability Sweet Spot: How to Achieve Long-Term Business Success 21

3. The Age of Accountability 41

4. Business Responds 65

5. Embracing Accountability 77

6. The Backlash Against Sustainability 93

7. Renewing the Penobscot: "A More Productive Use of Capital" 105

Part Two: How Sustainability Can Work for You

8. Where Do You Stand Today? Your Self-Assessment 129

9. Shaping Your Sustainability Strategy 145

10. Launching Your Sustainability Program 163

11. Managing Stakeholder Engagement 177

12. Dealing with Special Stakeholder Challenges 191

13. Measuring and Reporting Your Progress 209

14. Creating a Culture of Sustainability 227

Epilogue: The Future of Sustainability 235

Appendix A: Glossary and Key Action Steps 253

Appendix B: For Further Reading 265

Notes 267

Acknowledgments 283

The Authors 289

Index 291

What Our Readers Are Saying

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Average customer rating based on 1 comment:

andy savitz, January 7, 2008 (view all comments by andy savitz)

Am I allowed to rate my own book?

The real reason I'm posting is to let readers know that there is a companion website - which has more about the book and also a TBL blog: www.getsustainable.net

Hope you all enjoy the book, and get much usefulness from it. Sustainability is only getting bigger in 2008.

Happy New Year!
Andy

Was this comment helpful? | Yes | No
(1 of 1 readers found this comment helpful)

Product Details

ISBN:
9780787979072
Subtitle:
How Today's Best-Run Companies Are Achieving Economic, Social and Environmental Success -- and How You Can Too
Author:
Savitz, Andrew
With:
Weber, Karl
Author:
rew W.
Author:
Savitz, And
Author:
Savitz, Andrew W.
Author:
Weber, Karl
Publisher:
Jossey-Bass
Subject:
Leadership
Subject:
Decision Making & Problem Solving
Subject:
Industrial Management
Subject:
Success in business
Subject:
Development - Business Development
Subject:
Making & Problem Solving
Subject:
economic success
Subject:
social success
Subject:
environmental success
Subject:
sustainability in business
Subject:
Social responsibility in business
Subject:
responsible and profitable business
Subject:
Social responsibility of business
Subject:
best-run companies, economic success, social success, environmental success, sustainability in business, social responsibility in business, responsible and profitable business
Subject:
Business Writing
Subject:
Strategic management
Copyright:
Publication Date:
July 2006
Binding:
Electronic book text in proprietary or open standard format
Grade Level:
General/trade
Language:
English
Illustrations:
Y
Pages:
320
Dimensions:
9.24x6.30x1.10 in. 1.15 lbs.

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Related Subjects

Business » Business Plans
Business » Ethics
Business » General
Business » Human Resource Management
Business » Investing
Business » Management
Business » Strategy
Business » Writing

The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental Success -- And How You Can Too Used Hardcover
0 stars - 0 reviews
$11.95 In Stock
Product details 320 pages Jossey-Bass - English 9780787979072 Reviews:
"Review" by , "Whether you are a corporate manager, investor, consumer, or public official, this book will change your view of how corporations can succeed for themselves and for society. Savitz combines vision and practical advice in an elegant presentation."
"Review" by , "Informative, persuasive, and practical, containing valuable advice for anyone seeking a more responsible and profitable approach to business."
"Review" by , "The main challenge of sustainability is how to take it from concept to action. Andy Savitz communicates in plain language what sustainability is and how everyone in the organization can help achieve it."
"Review" by , "An engaging mix of powerful ideas and practical advice. Values matter and Savitz shows how profitability and responsibility can and must go hand in hand."
"Review" by , "At long last a plain English, action-oriented guide to business sustainability illustrated with practical examples from world-class companies."
"Review" by , "Andy Savitz gets it. He also happens to be witty, sensible, and a good writer as well as a good business strategist — sort of a modern Ben Franklin. That makes this book a joy to read as well as indispensable for businesspeople who wish to succeed in this new age."
"Review" by , "A bold and readable foray into this complex subject. Readers will come away enlightened."
"Synopsis" by , The Triple Bottom Line by former Rhodes Scholar Savitz is the first book to chart the rise of sustainability, identify and explain this new management concept, and show organizations, of all sizes and industries, exactly how they can benefit from it.
"Synopsis" by , The Triple Bottom Line is the groundbreaking book that charts the rise of sustainability within the business world and shows how and why financial success increasingly goes hand in hand with social and environmental achievement. Andrew Savitz chronicles both the real problems that companies face and the innovative solutions that can come from sustainability. His is a hard-line approach to bottom-line fundamentals that is re-making companies around the globe.
"Synopsis" by , The first book to chart the rise of sustainability as a profit motive — an essential new management principle

In a survey of 900 global corporations released by PricewaterhouseCoopers in 2003, 80 percent of CEOs said they believe "sustainability" is or soon will be vital to the profitability of their company, and 71 percent said they would consider sacrificing short-term profits to move their company towards sustainability — a sure sign that the world's leading CEOs see it as the corporate model of the future. Just what is sustainability? In a nutshell, it is a management principle that aims to create long-term shareholder value by seizing opportunities and managing risks related to the economic, environmental, and social impact of doing business. By putting the profit motive alongside a concern for the environment and for people, this movement has created what we unclear who "we" is — the author? call a "win-win-win" situation. Its leaders are solid in the Fortune 100 — companies like General Electric, DuPont, BP, Pfizer, and HP — and it is rapidly spreading to all companies that are looking towards a sustainable business model. The Triple Bottom Line is the first book to chart the rise of sustainability, identify and explain the new paradigm, and show organizations, of all sizes and industries, exactly how they can benefit from it.

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