Sustainable Business Model Innovation

The BCG Henderson Institute has developed a systematic approach for reimagining business models for economic and social sustainability, creating new modes of differentiation and advantage, embedding societal value into products and services, managing new performance measures, and reshaping business ecosystems to support these initiatives. This book explores the why, what, and how of sustainable business model innovation (SBM-I) – a new method by which corporations can optimize for both business and social value using their core businesses to deliver the financial returns expected by their owners and help society meet its most significant challenges.

Format: Paperback / softback
Length: 270 pages
Publication date: 24 October 2023
Publisher: De Gruyter

Reimagining business models is a daunting task for any management team, particularly in today's dynamic business landscape characterized by continuous disruptive change. Over the years, the BCG Henderson Institute has conducted extensive research on hundreds of businesses, leading to the development of a comprehensive framework for reimagining business models for economic and social sustainability. This framework encompasses various aspects, including creating new modes of differentiation and advantage, embedding societal value into products and services, managing new performance measures, and reshaping business ecosystems to support these initiatives.

In this book, we delve into the reasons, objectives, and strategies behind sustainable business model innovation (SBM-I). SBM-I is a novel approach for corporations to optimize for both business and social value by leveraging their core businesses to deliver the financial returns expected by their owners while also contributing to the betterment of society. It provides a detailed explanation of the SBM-I innovation cycle, linking it to value creation and scaled transformation. Furthermore, the book expands the application of SBM-I to sustainable business ecosystems and corporate lead sustainability alliances.

Sustainable Business Model Innovation offers valuable insights and guidance for companies seeking to enhance their competitiveness and sustainability. The future of your company, our environment, and society hinges on embracing sustainable business practices. By adopting SBM-I, companies can create a positive impact on the world while achieving their financial goals.

Weight: 403g
Dimension: 230 x 155 (mm)
ISBN-13: 9783111294896