Tracker Intelligence Sustainability in business: 3 common risks and how to tackle them – PART 3
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Part 3 of 3. In this Tracker slideshare we examine 3 common risks to sustainability in business and how to tackle them. Risk 3 - Losing Motivation
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Tracker Intelligence Sustainability in business: 3 common risks and how to tackle them – PART 3
- 1. Sustainability in business: 3 common risks and how to tackle them – PART 3
- 2. Becoming a more sustainable business is tough but....
- 3. ...sustainability has stopped being a ‘nice-to-have’ and has become a ‘must-have’ for public sector supply chains.
- 4. In addition to the potential £100bn in annual productivity gains generated by innovations designed to address environmental and social challenges, companies can also improve their reputation, market position, customer engagement and resource efficiency by taking a sustainable approach. *‘Fortune Favours the Brave’ report from Accenture, Business in the Community (BITC) and Marks and Spencer
- 5. So what are the risks to ensuring your own business makes the grade for sustainability?
- 6. Risk 3: Losing motivation
- 7. Risk 3: Losing motivation It’s been since six months since your company decided to become a sustainable supply and the buzz of an initial blue-sky planning stage has started to fade. You are losing momentum and your environmental and social targets are taking a back seat to revenue generation.
- 8. Risk 3: Losing motivation How do I tackle it?
- 9. Risk 3: Losing motivation • Take stock of the achievements you have made and reassess your goals - remember, a small change is better than no change at all! • Give yourself a break and realise it’s an ongoing process.
- 10. Risk 3: Losing motivation • Rewards could be reducing the number of audits conducted or recognising hard work by entering some business award competitions. • Scorecard your successes and reward your achievements.
- 11. Risk 3: Losing motivation • Become a sustainability champion in your sector – this will help maintain focus and build your company reputation.
- 12. Sustainability in business: 3 common risks and how to tackle them Thanks for viewing! Make sure to check out PARTS 1 & 2 in our series Follow @TrackerIntel on Twitter for more business insights