Initial findings have begun to surface from the 3rd Annual MIT Sloan Management Review and Boston Consulting Group (BCG) Annual Sustainability and Innovation Global Executive Survey, which had over 4,700 respondents. In an earlier post, I discussed some of the findings that Martin Reeves shared last week at the CR Commit Forum 2011 in New York City. The current issue of the Sloan Management Review presents more findings and indicates that the full report will be available next winter.
An important finding is that while sustainability is an important issue in organizations, it is not a top near-term priority. As Reeves indicated in his keynote, companies are concerned about short-term volatility and, to some extent, survivability. The top three challenges reported for the next two years are: innovating to achieve competitive differentiation (46 percent); growing revenues (45 percent); and reducing costs and increasing efficiencies (41 percent). Fourteen percent indicated that responding effectively to threats and opportunities of sustainability was a challenge. Read More
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“What gets measured, gets done” is a popular saying in performance improvement circles. There is more though. Yes, true as this is, measurement—and I’ll go a step further here and say auditing—is just part of the “gets done” piece. When crafted within a context of breakthrough performance, EHS auditing and the audit function in an EHS department can be a catalyst for accelerated performance improvement and EHS integration. EHS auditing is commonly viewed as a necessary evil or burden to satisfy regulatory and legal requirements. Within this context, the results are predictable. There is little if any enthusiasm; there is a struggle; and there can be challenges with inter-rater reliability.