Beyond the Triple Bottom Line: Eight Steps toward a Sustainable Business Model

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Francisco Szekely (Professor of Leadership and Sustainability, IMD Business School) Zahir Dossa (IMD Business School)

Beyond the Triple Bottom Line

Eight Steps toward a Sustainable Business Model

Francisco Szekely (Professor of Leadership and Sustainability, IMD Business School), Zahir Dossa (IMD Business School), Jeffrey Hollender (Adjunct Professor, New York University)

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English

MIT Press
06 August 2024

Company secretary: role & responsibilities; Sustainability

A pragmatic new business model for sustainability that outlines eight steps that range from exploring a mission to promoting innovation; with case studies.

A pragmatic new business model for sustainability that outlines eight steps that range from exploring a mission to promoting innovation; with case studies.

Many recent books make the case for businesses to become more sustainable, but few explain the specifics. In this book, Francisco Szekely and Zahir Dossa offer a pragmatic new business model for sustainability that extends beyond the traditional framework of the triple bottom line, describing eight steps that range from exploring a vision and establishing a strategy to implementing the strategy and promoting innovation.

Szekely and Dossa argue that businesses and organizations need to move away from the business case for sustainability toward a sustainable business model. That is, businesses should go beyond the usual short-term focus on minimizing harm while maximizing profits. Instead, businesses on the path to sustainability should, from the start, focus on addressing a societal need and view profitability not as an end but as a means to support the sustainable organization.

Szekely and Dossa explore key problems organizations face when pursuing a sustainability agenda. Each chapter presents one of the eight steps, describes a business dilemma for sustainability, provides a theoretically grounded strategic framework, offers case studies that illustrate the dilemma, and summarizes key findings; the case studies draw on the experiences of such companies as Tesla Motors, Patagonia, TOMs, and Panera. The book emphasizes leadership, arguing that leaders who question the status quo, inspire others, and take risks are essential for achieving sustainable business practices.

By: Francisco Szekely (Professor of Leadership and Sustainability IMD Business School), Zahir Dossa (IMD Business School)
Foreword by: Jeffrey Hollender (Adjunct Professor New York University)
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
Weight: 369g
ISBN: 9780262552806
ISBN 10: 0262552809
Pages: 248
Publication Date: 06 August 2024
Recommended Age: From 18 years
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Francisco Szekely is Sandoz Foundation Professor of Leadership and Sustainability at IMD Business School in Lausanne, where he is also Director of the Global Centre for Sustainability Leadership. Zahir Dossa is is the CEO and Co-founder of Function of Beauty.