Sustainable Business Model Innovation
- 3h 45m
- David Young, Martin Reeves
- De Gruyter Inc
- 2023
Reimagining business models is a tall order for any management team, and especially so in today’s business landscape of continual disruptive change. Having examined hundreds of businesses over the course of their research, the BCG Henderson Institute has developed a systematic approach for reimagining business models for economic and social sustainability, creating new modes of differentiation and advantage, embedding societal value into products and services, managing new performance measures, and reshaping business ecosystems to support these initiatives.
This book explores the why, what, and how of sustainable business model innovation (SBM-I) – a new method by which corporations can optimize for both business and social value using their core businesses to deliver the financial returns expected by their owners and, in tandem, to help society meet its most significant challenges. It details the SBM-I innovation cycle linking to value creation and scaled transformation, and expands the application of SBM-I to sustainable business ecosystems and corporate lead sustainability alliances.
Sustainable Business Model Innovation offers inspiration and guidance to create more competitive and sustainable companies. Your company's future, our environment, and society depend on doing so.
About the Author
David Young is Managing Director & Senior Partner, BCG Henderson Institute. He leads the firm's total societal impact and sustainability work globally.
Martin Reeves leads the BCG Henderson Institute worldwide, BCG’s think tank on new approaches to strategy and management. Martin is also a member of the BCG Henderson Institute's Innovation Sounding Board, which is dedicated to supporting, inspiring, and guiding upstream innovation at BCG.
In this Book
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Introduction: The Why, What, and How of Sustainable Business Model Innovation
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Optimize for Both Social and Business Value
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Innovation is the Only Way to Win the Sustainable Development Goal (SDG) Race
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Will Net-Zero Get Us to Net-Zero Emissions?
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Embracing the New Age of Materiality: Harnessing the Pace of Change in ESG
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The Quest for Sustainable Business Model Innovation
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The Secrets of Sustainability Front Runners
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How to Tell if Your Business Model is Truly Sustainable
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How to Tell if Your Business Model is Creating Environmental and Societal Benefits
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Four Steps to Sustainable Business Model Innovation
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An Applied Example of Expanding the Business Canvas in Plastics
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The Green Economy Has a Resource-Scarcity Problem
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Identifying Resource Scarcities in the Race to Sustainability
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Solving the Puzzle of Sustainable Resource Scarcity
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Nudging Consumers Toward Sustainability
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Sharing Data to Address Our Biggest Societal Challenges
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The Playful Corporation
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Six Steps to Sustainability Transformation
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The Strategic Race to Sustainability
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Directors Can Up Their Game on Environmental, Social, and Governance Issues
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Unlocking Tomorrow’s ESG Opportunities
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Private Equity Should Take the Lead in Sustainability
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How Companies Shape Ecosystems to Achieve Sustainability and Advantage
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When a Business Ecosystem is the Answer to Sustainability Challenges
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How to Build a High-Impact Sustainability Alliance
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Winning Through the Great Climate Upheaval
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New Abundance: Resource Constraints as Strategic Opportunities
