Gareth's Blog

News & Views From the Front Line

Friday, 26 February 2010

The Opportunities Pyramid

I've developed the above model to communicate the levels of benefit that "going green" can deliver. Underpinning the whole thing is compliance - if you don't get this right then the whole thing can come tumbling down. One level above that is direct economic benefits - in particular cost cutting but also retaining value in assets and reducing the risk of non-compliance by providing a margin of error.

If you raise you sights above this level then you are in a minority, but a very wise minority. The first set of benefits in this rarified atmosphere are internal but intangible - recruiting, retaining and motivating the best staff for the business. Above that is all the new business you will win through beating the competition - as we have seen, companies who focus too much on the cost level (ie expecting a good direct ROI) could miss out on this level of benefits. The business people who understand this will be at a considerable advantage over their less enlightened competitors.

And lastly, at the very top, for a minority of businesses there are some rather large new and emerging markets to exploit.

BTW, in Tuesday's webinar, Deborah was explaining the cost and staff levels and I covered the branding/differentiation and new markets.

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By Gareth Kane

A highly accessible, practical guide to those who want to introduce sustainability into their business or organization quickly and effectively.

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