Sustainability is very important world wide. In order for businesses to continue to stay open, they need to make profit. Money does make the world go round but in order to continue to make revenue, businesses have to keep their customers happy and make ethical decisions.
@tiffanytaylor3059
Жыл бұрын
I think the triple bottom line has been helpful considering the fact that the environmental effect is taken into consideration. All too often, we look for the cheapest item first but I'm sure they are never the most friendly item. Triple bottom line can help keep the planet considered, as we only have one. Additionally, the insight provided in the video provides great real world example of exceptional companies.
@justinlloyd9689
Жыл бұрын
The triple bottom line will be the right way a company will check its sustainability, The framework of this video is a very good way to go about the learning of this topic.
@gracenesbit4861
Жыл бұрын
The Triple Bottom Line worked to suggesting that companies should bring focus to social and enviromental concerns in the same urgancy as they do with profits and losses. Financial planning to combat for gains and losses correlate with having a operating plan with the goal being to earn its income ethically and under fair measures and morals. This starts at employees and works all the way to superiors and owners. Companys usually prioritize their superiors and managers and have been seen as a way of misleading their employees to not be invested in the company causing profit loss.
@gloriahernandez4296
Жыл бұрын
A truly successful business will focus on profit, people, and planet equally. Although it seems as though the majority of companies that don't last long, seem to shut down because they focus too much on only one of those. So if a company only chose to focus their energy on one out of the three, which one would help them stay in business longer?
@hmj8469
Жыл бұрын
Can someone explain the significance of having the three circles overlap? Does the area where all of them overlap mean anything?
@vijithk6444
Жыл бұрын
Sustainability has over 300 definitions, so if we define it by the triple bottom line, would it be the right way for a company to check its sustainability? If the framework is vague and there are no accurate guidelines to measure sustainability, is the triple bottom line of no use to anyone?
@nonkululekomthalane6586
Жыл бұрын
What are the changes in the people-planet-profit because of the climates change
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