Most businesses create accounting systems to capture and report financial data. Using financial data, a company can and should develop benchmarks and goals for assessing financial success and progress.
While the financial bottom line (net income) is always important, I wouldn’t recommend leading a company using just this metric as a guide. Most business leaders have a variety of financial metrics on their dashboard including sales, profit margins, efficiency ratios, liquidity ratios, and more. All of these are designed to help the business leader safeguard the organization and drive profitability.
What is missing from their dashboard are the non-financial metrics of a sustainable company.
So how does a business leader improve the people and planet portions of their triple bottom line (TBL)? By using a similar approach to capture and report on people and planet data. What is missing from most accounting systems are the tools to capture and report non-financial data.
You know the two related sayings: “We measure what matters.” And, “You can only manage what you measure.”
On the environmental side you must create systems to track energy, water and material usage as well as waste steams including garbage, recycling and greenhouse gas emissions. These can be as simple as writing them in a log or tracking them in a spreadsheet.
On the people side you can use metrics such as average pay, employee turnover, workplace democracy, human rights complaints, highest:lowest paid ratios, educational opportunities, employee well-being investment, your service to the larger community, etc. Whatever you deem important to your success and strategy should be measured, monitored and reported on.
The important thing is to create the systems to capture this data just like you create systems to capture financial data like sales. Once you begin to capture TBL data, you’ll soon be innovating your way towards a sustainable business.
pretty useful stuff, overall I think this is worth a bookmark, thanks
World Tourism Day, is defined by the World Tourism Organization, tourism workers and tourists, the World Tourism Day holiday.
Im surprised to have found this blog, I though I was the only one writing about this…thanks. – Offshore Company Formation
Great info here! My girl friend would love it to
A reverse phone number directory can help people to find out who has been calling them. YES, but, it does not necessarily follow that the person who the phone number is registered to is the person who has actually been making the phone calls. After all, any one can use any phone they have access to.
Nice write-up. I just located your website and would like to let you know that I have certainly liked reading your blogs. Anyhow I’ll be subscribing to your feed and I hope you write again soon.
To market in terms of quality rather than price, and in order to differentiate accordingly, you need to follow the standard format of the 4 P’s marketing plan. That is, Price, Product, Place and Promotion – obviously you know the main attributes of the product, and the price, but for ‘place’ you should think about the type of people who are willing to pay over 4x price of competing product – whereas the cheap option may be sold where emphasis is on cost, your product will be suited to places/distributors where the customers will be willing to pay for quality. Thank you for this article! I’ve just found a decisively true web 2.0 source about marketing Try it!
Can’t wait for Twilight Eclipse? Now you can watch it online for free at http://episodetube.tv/the-twilight-saga-ecplise-2010/
Don’t post your full name (at least leave out your middle initial), your address, your email address, birth date, or your phone number to any of your social networking profiles. Though most social networking sites prompt for them they aren’t required, so don’t post them.
Would it be possible to get permission to use some of your posts on forums with a link? – Offshore Company Formation
Well, the article is in reality the best on this worthw hile topic. I agree with your conclusions and will eagerly look forward to your next updates. Just saying thanks will not just be adequate, for the tremendous clarity in your writing. I will immediately grab your rss feed to stay informed of any updates. Gratifying work and much success in your business efforts!
HI dude, can i post articles to your blog ? Let me know if you are interested
Thanks for the interesting read! Alright playtime is over and back to school work.
hey,Excellent article dude! i am Fed up with using RSS feeds and do you use twitter?so i can follow you there:D.
PS:Do you thought putting video to the blog posts to keep the people more entertained?I think it works.Kind regards, Porsche Dutra
greetings there, i just discovered your website listed on bing, and i must tell that you compose exceptionally good on your web portal. i am truly struck by the mode that you write, and the content is good. anyways, i would also love to know whether you would like to exchange links with my blog? i will be more than willing to reciprocate and insert your link off in the link exchange area. waiting for your reply, i give my sincere thanks and gooday!
That was a great post. I couldn’t agree more with your sentiments. Thanks for the effort. Great looking site by the way.
A friend of mine told me to check out your site. This is exactly the kind of details I was hunting for. I wish I have stumbled upon your blog sooner.
Hey there! Apologies regarding my personal lousy The english language. My spouse and i have came about your current web page along with My spouse and i really enjoy your own design and style. Can you will tell me where could acquire a template similar to this particular? thank
You’ve got a great site here guys, good content, good design. Keep up the good work. I’ll stay updated through your feed…Aloha
Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass’ favor.
I came across your site, i think your blog is cool, keep working !
Heya if you want to view private Facebook profiles or want to hack facebook accounts check out the How to Hack Facebook guide, it’s quite facinating.
Wonderful web page and picture. Really enjoy chinese architects.You might want to visit http://www.chinese-architecture.com . That they just received chinese architects the 2010 season collection and other lines which i feel you need.
Would you mind if I use some of the info here, and I’ll leave a link back to you?
Great post! God I love making money online.
hello, thank for this latest information. Therefore, I would like to ask for your permission to add some of this information in my blog. Of course, I will provide a link to your , as a source of my quoted information.
I was just thinking how much i love technology and the internet….it gives us access to so much goodinformation…just like this post..thanks will be back again A+
It looks like you know a bit about viral internet marketing, if not please stop by for a free report.
Finicky place of duty, I gonna bookmark this bleep. Credit on behalf of info
Hey I found a totally free website where you can see the twilight saga eclipse online for free http://theatersneak.com/movie/161-the-twilight-saga-eclipse
Good morning, thanks for the interesting article? Is your site a free theme or custom? I am interested by your blog. Is it feasible to include this post on one of my sites?, i will of course link to this page. regards
Proving that there are college students more stupid than Georgetown freshmen.
I really enjoyed reading your post here and I just wanted to tell you that I totally agree with what you’re saying! It’s hard to find people that think alike these days. Keep it up
thanks to your ideas , i¡¯d adore to adhere to your weblog as usually as i can.possess a good day
I enjoyed reading your blog and I wanted to tell you that I totally agree with you. It is hard to find people that think alike these days. Keep it up
Howdy, your site is on air in the radio! Good job mate. Your posts are truly great and bookmarked. Regards
It’s? beautiful.
There is not one best company. There are many different companies, some better for certain people and others better for other people. You need to find one that is best for your specific needs.
I have to state, you chose your words well. The ideas you wrote on your encounters are well placed. This is an incredible blog!
2. Use some type of view increaser program on any of your best videos. Something that gets it ratings, comments and views.
Thank you very much for so interesting article. Good job!
Me and my son enjoyed reading your blog post. Keep up the good work.
Howdy, your site is on air in the radio! Good job mate. Your posts are truly great and bookmarked. Regards
One again, your articles is very good.thank you!very much.
Great blog post.Really looking forward to read more.
thanks,buddy,i like it
thanks !! very helpful post!
This is one of the most honest blogs I have ever read. Nothing overcomes good first hand experience on topics. Thank you for being sincere about this.
Interesting post. I’ve bookmarked this page to check back later.
Great blog post.Really looking forward to read more.