Leadership and the Triple Bottom Line

The challenges of the 21st century are requiring businesses to fundamentally change the way they operate. Issues such as climate change, natural resource depletion, and the energy crisis are hitting organizations head on and demanding that attention be paid to aspects of the business beyond quarterly financial results. It is no longer acceptable to simply maximize short-term shareholder value. Instead, firms must pay attention to the economic, social, and environmental effects of their operations – referred to as sustainability or corporate social responsibility.