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The future is smart, sustainable and excellent business

Updated: Jan 14

Sustainability is now widely recognized as the next significant revolution, following the shift to digital, and is disrupting the way business is conducted. Enterprises face pressure to develop sustainable consumer products, services, and engage in responsible social practices, all while grappling to achieve compliance and risk management goals.

This is a substantial undertaking, particularly for those in the midst of their digital transformation, who are heavily investing in executing their digital agendas. In simpler terms, the challenge lies in ensuring that the path to digital maturity also aligns with environmental responsibility. In fact, mounting evidence suggests that neglecting environmental and social impacts could harm long-term business growth and profitability.

However, similar to digitalization and excellence, sustainability can also propel businesses forward. In reality, these three aspects can work synergistically and as enablers for growth. While one might view this as a triple challenge, we view it as an opportunity for synergy, efficiency, and growth, especially for forward-thinking companies that are concerned about their future readiness.

Enterprise Alignment is paramount for projects to function effectively. For companies to yield optimal outcomes from their transformational projects, seamless interconnectedness is essential: systems, data, people, and processes must align. Adopting a systemic approach to managing business units and functions can significantly influence project success.

Why should you prioritize developing a smart, sustainable, and excellent business?

  • 70 % of improvement projects don't deliver their intended outcome

  • The world is urging organizations to become part of the ESG (Environmental, Social, and Governance) solution, rather than contributing to the problem.

  • 75% of consumers are adjusting their preferences based on sustainability.

  • 46% of employees would exclusively consider working for a company with sustainable practices. (Source: Deloitte CxO Sustainability Report, 2022)

Leaders need to step up and implement strategies to facilitate this shift.

How can you develop a smart, sustainable, and excellent business?

Developing three key aspects can lead to a substantial impact:

The Right Mindset in People and Leadership

The Right Culture in Organizations

The Right Systems in the Organization

Here are actionable steps to help you succeed in crafting a strategy and roadmap for transitioning your company into a smart, sustainable, and excellent entity. These three facets are interdependent and cannot be tackled in isolation. They need to be woven into your culture and philosophy. Doing well and doing good are intertwined, and successful business strategies encompass both.

  1. Initiate with a Current State Assessment – Commence by conducting a thorough evaluation of your current operations and practices. Identify your strengths as well as areas requiring enhancement; these will serve as the foundation for attaining your strategic objectives. Numerous tools are at your disposal to facilitate this evaluative process.

  2. Define Your Future State and Chart Your Roadmap – Direct your efforts towards delineating your envisioned Future State and devising a comprehensive roadmap to navigate the transition. Concentrate on bridging existing gaps, refining your present systems, or formulating new ones to propel you closer to your desired Future State.

    1. Prioritize Culture and People – Center your strategy around your workforce, recognizing their role in driving change and generating solutions. Foster active engagement through meaningful dialogues about your organization's future.

    2. Elevate Enterprise Alignment – Move away from isolated approaches and strive to cultivate interconnected, integrated systems that harmonize individuals with organizational objectives, resulting in favorable outcomes.

    3. Embrace Scientific Thinking and Experimentation – Nurture an environment where employees are empowered to experiment and identify opportunities for refining work methods, organizational dynamics, talent growth, and culture.

    4. Implement an Excellence Framework for Execution – A structured, systematic approach to embedding continuous improvement within your operations is essential. An Excellence Framework, such as the Shingo Model, comprehensively envelops your organization's purpose, people, and processes. It not only optimizes operations but also facilitates other projects by streamlining processes, enhancing communication, and fostering collaboration.

Crafting a robust roadmap for digitalization, sustainability, and excellence is a bold strategic move. This undertaking demands specialized expertise coupled with a change management and innovation-focused approach, all underpinned by adept facilitation and tailored project management techniques.

Incorporating agile planning and flexibility, while upholding stringent standards and adaptability, empowers your team to not only meet but surpass their objectives. Introducing an external perspective along with subject matter expertise can yield transformative results. By identifying existing gaps, enhancing your team's capabilities, and establishing pragmatic, achievable plans, we offer the means to drive substantial progress.

We are poised to assist you in this endeavor!"

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