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2019 | OriginalPaper | Buchkapitel

3. The Quest for Purpose

verfasst von : Benoit Leleux, Jan van der Kaaij

Erschienen in: Winning Sustainability Strategies

Verlag: Springer International Publishing

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Abstract

In this chapter, we introduce and discuss the first critical success factor for an effective sustainability effort—identifying the proper objectives for it. Through clinical observation, we discovered that many firms failed to successfully implement their sustainability strategies, not because they lacked the desire, the willingness or even the belief in the impact of sustainability on their businesses, but because they failed to identify proper objectives for their efforts. When firms become overly ambitious and select too many targets, their efforts tend to become dispersed and hence of limited impact. This creates demotivation and too often leads to the abandonment of meaningful and inherently valuable efforts. It definitely pays to focus but on the right targets. In the next sections, we review the importance of purpose for an organization, and how it helps to coalesce various efforts and goodwill and gives a shared sense of direction. We then illustrate how sustainability can be a strong contributor to that sense of purpose by providing superior motives for business activities. In later sections, we review how to identify and qualify the possible sustainability efforts and then to single out a small subset that would be most compatible with your business and hence best able to serve as guidance for your organizational efforts.

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Fußnoten
1
Project Drawdown is a climate change mitigation project initiated by Paul Hawken and climate activist Amanda Joy Ravenhill. Central to the project is the compilation of a list of the “100 most substantive solutions to global warming.” The list, encompassing only technologically viable, existing solutions, was compiled by a team of over 200 scholars, scientists, policymakers, business leaders and activists; for each solution the carbon impact through the year 2050, the total and net cost to society, and the total lifetime savings were measured and modeled. Source: Wikipedia, accessed 28 March 2018.
 
2
Started in the US in 2006 as a tool for impact assessment, B Corps had grown by 2017 into a global movement of companies that were pursuing the shared purpose. All B Corps were purpose-driven and created benefits for stakeholders at large, not just shareholders. Individually, B Corps met the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspired to use the power of markets to solve social and environmental problems.
 
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Metadaten
Titel
The Quest for Purpose
verfasst von
Benoit Leleux
Jan van der Kaaij
Copyright-Jahr
2019
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-319-97445-3_3