Capitalism at the Crossroads: Next Generation Business by Stuart L. Hart

By Stuart L. Hart

Today’s period of financial situation has despatched a robust message: The age of "mercenary" capitalism is finishing. We needs to ultimately embark on a brand new age of sustainable, stakeholder-based capitalism. whereas enlightened executives and policymakers comprehend the severe desire for swap, few have tangible plans for making it occur. In Capitalism on the Crossroads: subsequent iteration enterprise suggestions for a Post-Crisis international, 3rd Edition, Stuart L. Hart offers new ideas for making a choice on sustainable items, applied sciences, and enterprise versions that would force urgently wanted progress and support clear up social and environmental difficulties on the similar time.


Drawing on his adventure consulting with best businesses and NGOs world wide, Hart exhibits the right way to craft your optimum sustainability process and conquer the restrictions of conventional "greening" techniques. during this version, he provides new and up to date case experiences from the USA and around the globe, demonstrating what’s operating and what isn’t. He additionally publications company leaders in construction an organizational "infrastructure for sustainability"--one which can live on budgeting and boardrooms, recharging innovation and progress all through what you are promoting. observe:


·         the recent company case for pursuing sustainable capitalism

·         Sustainability innovations that move a long way past environmental sensitivity

·         tips to absolutely embed your small business within the neighborhood context--and why you should

·         strategies for making long term sustainability paintings in a momentary world


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Hart, “The Fortune at the Bottom of the Pyramid,” Strategy+Business, 26 (2002): 2–14. 29. The World Bank, World Development Report. 30. Barbara Tuchman, The Proud Tower: A Portrait of the World Before the World (New York: Ballantine Books, 1962). 31. Brundtland Commission, Our Common Future (New York: Oxford University Press, 1997). From the Library of Wow! eBook 1 From Obligation to Opportunity This book takes the contrarian’s view that business—more than either government or civil society—is uniquely equipped at this point in history to lead us toward a sustainable world in the years ahead.

Yet, if current trends continue, there may well be over two billion slum dwellers by that time. The Kyoto Protocol, the international agreement to address climate change, has a similar shortcoming: Its target to reduce greenhouse gas emissions by anywhere from 6–8 percent by 2010 (off a 1990 base) is a great start but does not get us anywhere close to the 70–80 percent real reductions needed to actually stabilize the climate system. To make matters worse, the incremental greenhouse gas reductions resulting from the Copenhagen negotiations in 2009 still From the Library of Wow!

In short, the world today is on a collision course with the future. Drastic changes will be required in the coming decade or two to avert catastrophe. Unfortunately, global responses thus far have been woefully insufficient. Ten years ago, for example, the Millennium Development Goals (MDGs) were adopted by the world’s governments as a blueprint for building a better world for the twenty-first century. The MDGs consist of eight goals to be achieved by 2015 that respond to the world’s main development challenges outlined here.

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