Working Capital Conversations looks at sustainability.
We all know that with the global economy, cross-border transactions have all but erased traditional boundaries. We know what these changes have meant for finance, technology, trade, operations and more.
But what about sustainability? As sustainability has evolved from a nice to have – from a cute addition to the annual report or an easy way to appease angry shareholders – and into a core business strategy central to profitability, how have global realities affected the way businesses consider exactly what sustainability means? In an interconnected world, how do successful businesses address sustainability today?
These are among the questions addressed in a recent MIT Sloan Management Review report. And the answers may surprise you.
“Joining Forces: Collaboration and Leadership for Sustainability” was prepared through a partnership of the MIT Sloan Management Review, the Boston Consulting Group and the United Nations Global Compact.
One of the named authors is Martin Reeves, senior partner and managing director at the Boston Consulting Group. He also leads the BCG Strategy Institute globally.
Posted by Chris Riback on February 13, 2015
Working Capital Conversations looks at The Sharing Economy – businesses like Uber or Lyft or AirBNB rewriting traditional business models so that people like you and me can compete with major corporations.
Thinking to stay at the Hilton on your next Paris vacation? Why not rent a room – or a condo – from a local Parisien, getting more space at a lower cost. Tired of waiting for a taxi during New York rush hour? Hire a private car, and get alerts telling you once it’s arrived.
But just as the Sharing Economy is changing personal economics, it also impacts big business, with tens if not hundreds of billions of dollars in investments and transactions. The newcomers gain billions in valuation and revenue. Major brands create sub-brands to compete.
So what’s it really like inside the Sharing Economy? What does it mean to be a buyer or a seller? Is this a passing fad – the selfie of global business?
Joel Stein wanted to find out. Stein, of course, is a writer, reporter and humorist at Time Magazine. His cover story – “Baby, You Can Drive My Car, and Do My Errands, and Rent My Stuff…” – explores the Sharing Economy and provides answers with the mix of insight and absurdity that Stein has delivered for years.
Posted by Chris Riback on February 4, 2015