The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental ... | Andrew W. Savitz | Great Overview of Sustainaility's Advantage
books:
The Triple Bottom ...
The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental ...
Andrew W. Savitz
Jossey-Bass
, 2006 - 320 pages
average customer review:
based on 10 reviews
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The
Triple
Bottom
Line
is the groundbreaking book that charts the rise of sustainability within the business world and s
how
s 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.
If You Want To Get Fluent Fast, Read This Book
This book is for interested general consumption rather than a technical practitioners' text book and as such is more than
success
ful in teaching the basics of the
triple
bottom
line
. I'm not quite sure why some of the Amazon reviewers seem so testy about this, as the majority of Ameri
can
business management (mid-baby boom and above) never encountered much if anything about corporate responsibility (or ethics) in the curricula they studied on their way up. To consider what that means for concepts like the triple bottom line, pretend that for 25 years
today
's generation of senior managers had never been told to maximize sh
are
holder value and now in 2007 were expected to internalize the concept and reflexively apply it to everything they do. Particularly from that point of view, Savitz' book is a superb
too
l to help people become intelligently informed on basic issues of corporate responsibility and sustainability. What individuals do with that is up to that is up to them, but the writing's good, the ideas are clear, the concepts are thought-provoking, and it's the kind of book that drives one to want to learn more. The graphics are particularly useful and uncluttered.
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Great Overview of Sustainaility's Advantage
Savitz demonstrates the strength of his background by explaining, advocating for and advising on the strategic advantage of sustainability. Along with tons of examples, he clearly explains the rationale for large organizations to embrace sustainability through
triple
bottom
line
metrics. he also deals to a large extent with the implicit challenges of this approach--the need for stakeholder buy-in, the shift in organizational culture and some options for managing these
are
as. The only criticism I have, and it is really somewhat ancillary to his aims, is that the examples and recommendations are very much drawn from the world of the Fortune 50. Most readers are probably dealing with these issues in small businesses, under $50m in revenue. That makes the book less applicable for them--but through extrapolation, they
too
can
benefit. I recommend this to anyone interested in the intersection of business and the world's fate.
Amie Devero, Author of Powered by Principle: Using Core Values to Build World-Class Organizations.
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Great guide to adjusting your company's direction
I work for a small government agency, so a lot of the production and marketing discussion doesn't apply to us. That being said, this book really makes
you
think, not just about
how
your business
can
be more
social
ly and
environmental
ly responsible, but about the practices of the
companies
whose products you purchase every day. A good place to start for a company that is serious about taking a hard look at their impact on the world around them.
Still a good introduction to the subject.
The publisher is correct about this being a groundbreaking book when it was published. It is still excellent and many
companies
have a long ways to go to be operating to the
triple
bottom
line
(
economic
,
social
and
environmental
). Useful for either learning the goal businesses and organizations need to strive for or as a beginning
how
-to manual on beginning that journey.
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