I love what he is saying but I don't see how it's possible for large companies to achieve these things. We need to do more to support small and diversify.
Oh yeah, the benevolent corporation bit; where have I heard that line before? As someone who supports a triple bottom-line transformation of business and economics, I wasn't convinced. It's time for environmental externalities to be accounted for and it's time people and commerce pay for their ecological footprint.
He suggests the inclusion of purpose and passion to the framework, however, this is on the basis that large companies 'don't fit in' with the current framework. Firstly I do not believe that this is the case with large companies and I do not see much evidence of them suggesting this is a problem today (maybe it was 7 years ago). I also fail to see how these extra dimensions will solve this fabricated problem. When regarding the TBL framework, we can see that the 3 dimensions are impacted by the organisation as well as the organisation relying on these aspects to achieve sustainability. Shareholders are impacted by profit, the local communities are impacted by development projects, animals and plants are impacted by the disposal of waste. Passion and purpose have no direct relational impact on any additional stakeholders. It seems in the conference that Poon was suggesting that passion and purpose could potentially have a positive correlation with employee well-being and environmental impact. Would these factors not then be regarded as within the social and environmental dimensions? It seems that Poon had thought that the 5 P's (Profit, people, planet, passion and purpose) of TBL had a nice ring to it.
awesome!
I love what he is saying but I don't see how it's possible for large companies to achieve these things. We need to do more to support small and diversify.
Oh yeah, the benevolent corporation bit; where have I heard that line before? As someone who supports a triple bottom-line transformation of business and economics, I wasn't convinced. It's time for environmental externalities to be accounted for and it's time people and commerce pay for their ecological footprint.
what is the triple bottom line? start with a definition please.
He explained it @ 8:27
He suggests the inclusion of purpose and passion to the framework, however, this is on the basis that large companies 'don't fit in' with the current framework. Firstly I do not believe that this is the case with large companies and I do not see much evidence of them suggesting this is a problem today (maybe it was 7 years ago). I also fail to see how these extra dimensions will solve this fabricated problem. When regarding the TBL framework, we can see that the 3 dimensions are impacted by the organisation as well as the organisation relying on these aspects to achieve sustainability. Shareholders are impacted by profit, the local communities are impacted by development projects, animals and plants are impacted by the disposal of waste. Passion and purpose have no direct relational impact on any additional stakeholders. It seems in the conference that Poon was suggesting that passion and purpose could potentially have a positive correlation with employee well-being and environmental impact. Would these factors not then be regarded as within the social and environmental dimensions? It seems that Poon had thought that the 5 P's (Profit, people, planet, passion and purpose) of TBL had a nice ring to it.
Well, the video is 9 years old....
Thailand is already a hot spot, including China
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