What business can and should do Flashcards

1
Q

def. leverage point

A

places within a complex system where a small shift in one thing can produce big changes in everything

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2
Q

describe some take-aways of “PAYING FOR HEALTH CARE

WITH TREES: A WIN - WIN FOR ORANGUTANS AND COMMUNITIES”

A
  1. Radical listening (stakeholder = consultation)
  2. Intersectoral (agriculture, conservation, health, education)
  3. Positive outcomes in multiple domains (education,
    biodiversity, food security)
  4. Ongoing refinement of the ”business model”
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3
Q

describe how systems thinking is hard

A
  • There are no right answers
  • Dividing the problem into subproblems is not the way to go. You lose characteristics of the system that way
  • Cause and effect will not be closely related in time and space
  • Beware of quick fixes
  • Things may get worse before they get better
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4
Q

describe the three parts of the triple bottom line

A
  • planet (environmental performance)
  • profit (economic performance)
  • people (social performance)

-sustainability at the middle of the venn diagram

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5
Q

what are the three ways to define/approach SDG

A
  1. defensive (shareholder value, business considered separately and the most from env and society)
  2. Selective (shared value, essentially the triple bottom line)
  3. Holistic (system value, business considered as a part of society, and society a part of the environment, transforming business to solve a key SDG challenge)
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6
Q

describe difference between CSR and corporate shared value

A

CSR

  • value: doing good
  • citizenship, philanthropy and sustainability
  • discretionary or in response to external pressure
  • separate from profit maximization
  • agenda is determined by external reporting and personal preferences
  • impact limited by corporate footprint and CSR budget

CSV

  • value: economic and societal benefits relative to cost
  • joint company and community value creation
  • integral to competing
  • integral to profit maximization
  • agenda is company specific and internally generated
  • realigns the entire company budget
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7
Q

example of CSR

A

fair trade purcahsing

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8
Q

example of CSV

A

transforming procurement to increase quality and yield

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