9780738209029
What Matters Most
Publisher: Basic Books
Publication Date: 01 March, 2004
ISBN: 9780738209029
Pages: 336
Subjects: Business
Available as: , Trade Cloth, 978-0-7382-0902-9 Trade Paper, 978-1-4379-7773-8 E-Book - Open Ebook, 978-0-7867-3734-5
Description:
Under what conditions can a business hope to deliver consistent financial results, inspire employees, protect the environment, and make the world a better place? The question gets to the heart of a set of fundamental questions: What is the purpose of a business? In what ways does a business create value, and whom does it really serve? Can a business promote social causes and yet remain robust, competitive, and profitable?Jeffrey Hollender has run Seventh Generation, the world leader in creating environmentally friendly, nontoxic household and personal care products for more than fifteen years. That the company's success continued through the 90's bubble attests to an unwavering set of principles and behavioral guidelines based on the premise that social responsibility is a viable, vital, and sustainable business strategy. What Matters Most illuminates the successful practices of Seventh Generation--and many other pioneering companies, including Intel, Chiquita, and BP--to demonstrate a corporate strategy that hardwires social and environmental concerns into a company's culture, operating systems, and business relationships. Outlining seven specific principles of corporate responsibility, What Matters Most shows you how to assess your company's performance, address rising consumer expectations, honestly communicate your game plan, and embark on a path of long-term growth. For general readers, What Matters Most is bound to fuel the debate over the role of business in society and the limits to which it can drive positive change.
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PW Publishers Weekly
Review Source: Publishers Weekly
Review Date: 2004-01-12
Copyright: (c) Copyright PWxyz, LLC. All rights reserved
The corporate scandals of recent years have underscored the growing emphasis on responsibility and accountability, and even the world's largest businesses have been heeding the call. Hollender (with writing and research assistance from professional business scribe Fenichell) checks in with Nike, McDonald's, Starbucks and other companies to see what they're doing about altering their products and processes to fit with sustainability, which values environmental impact as much as consumer satisfaction. Hollender's tenure as head of Seventh Generation, manufacturers of ecologically safe home-cleaning products, ensures his credibility on corporate social responsibility issues, though some readers might wish for more behind-the-scenes stories about grappling with those issues on a daily basis. He's also good friends with the founders of Ben and Jerry's and the organic yogurt makers Stonyfield Farm, both initially small companies that have been acquired by international food conglomerates. Will the smaller companies' values be subsumed by the bottom line or infect their new owners with progressive ideas? Hollender appears to favor "inclusive globalization," but he takes care to devote as much attention to those who would prefer a more radical outcome-crippling the giants and bolstering smaller, local economies. And he's sharply critical of both sides: McDonald's may have a long way to go, he points out, but is it really fair to attack their unhealthy menus while giving Ben and Jerry's a free pass to make fattening ice cream? This honest assessment of the difficulties corporations large and small face in fostering social change adds a welcome tone of moderate optimism to the globalization debate. (Feb.) (c) Copyright PWxyz, LLC. All rights reserved
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