exerts from my new book, "Winning in a Hostile Environment"
"Organizations are open systems, which mean they both impact and are
impacted by their external environment. The ecology of any organism is not its
internal mechanisms, but the relationship it has with its surroundings. Recent
trends in how financial markets evaluate what is a “good company” suggest more
than just a healthy bottom line (profit).
Management’s quest for health and vitality is The Double Bottom
Line (DBL) mandate, which is an imperative to be effective at managing the
tension between one's ecology (interacting with their external environment) and
the their economics (profitably mobilizing capital to provide products
and services). While economic performance is impacted by the internal control
of capital allocations, the ecology is uncertain and hostile.
Winning is changing behavior of individuals in
society so that they become customers and consumers.
For businesses to continue to earn the right to exist, they
must provide benefit(s) to society that people are willing to purchase. They
must do it in a way that they create an economic benefit sufficient for the
capitalists, and they must accomplish this Double Bottom Line mandate in a
hostile world, where society constrains the profit motive of markets by demanding
“fairness”, and competition wishes to take away the business’ customers. "
available at
winning in a hostile environment @ amazon.com
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