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S U S TA I N A B I L I T Y

“The impact of creating and implementing our own sourcing model has been profound not only for the farmers but for our business and all those in our community” — Suranga Herath, CEO of English Tea Shop 78

employee since the Big Game

This could involve developing a

initiative was introduced. Without

framework for measuring social and

wanting to be too trite about it, helping

economic impact for your investments

people help themselves is much more

and efforts and then tracking how

sustainable and powerful.

business is directly and indirectly impacted as a result of such social

5.FIGURE OUT THE MEASURING AND MONITORING SYSTEM.

progress.

If you’re going it alone, you need to find a robust way of benchmarking the

6.MAINTAIN A LASER FOCUS ON CREATING SHARED VALUE.

outcomes of your model. Failing to do

Creating a sourcing model is not

so could cause more harm than good.

without its ups and downs and there

APRIL 2019

Profile for Business Chief USA

Business Chief USA Magazine – April 2019  

Business Chief USA Magazine – April 2019