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Sustainability and Strategic Planning |
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Most authorities agree that current human activity is no longer sustainable over the medium to long term. There is much uncertainty about how the human race will move towards a sustainable occupancy of the planet, and whether such a transition is even possible. A complex mix of economic, scientific and political viewpoints exist and the available evidence seems to suggest that the shift towards a sustainable existence is very much in its infancy. Long-term strategic planning for business sustainability is perhaps the primary challenge facing business managers in the developed world. The need for a strategic approach to business planning is increasingly being driven by international and national responses to the global sustainable development agenda. Government intervention, market transformations and community expectations present an evolving matrix of threats and opportunities for business. From a business perspective strategic planning is about making better investment decisions for long term prosperity. In the context of sustainability, it requires understanding and internalizing external threats and opportunities presented by rapid regulatory, social and economic change. In recent times, the sustainability concept has expanded to encompass environmental, social and economic considerations. Today’s corporate accountability and disclosure standards are forcing CEO’s to recognise, measure, and report the so called ‘triple bottom line’ performance of their organisations and Business is increasingly recognising the risks posed by sustainability driven change. Investment and litigation risks are increased where corporate activities adversely impact society or the physical environment. A strategic approach spanning timeframes measured in decades is needed to identify and respond to the risks posed by national sustainability agendas. An in-depth knowledge of current performance, as well as forecasting of future risks and opportunities is required. Mirrabooka Consulting will assist you to understand and assess your sustainability issues, and plan for future opportunities and threats using an easy to follow methodology encompassing the following elements:
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