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Essay / Sustainable Sweet Spot': The main point of Andrew Savitz's book
Table of contentsThe map of "The Sweet Spot": minimize and optimizeConclusionReferencesThis is one of the essays "The Sweet Spot Sustainability" in which the summary by Andrew Savitz The book “The Triple Bottom Line” has been shared. In the ninth chapter "Shaping Your Sustainability Strategy" of the book The Triple Bottom Line, author Andrew Savitz highlights the importance of placing sustainability at the heart of any business plan strategy, while identifying the intersection between global concerns and those of the company. strategy like the Sustainable Sweet Spot. The author explains how the company should establish its terms and policy based on its main priority keys and ensure that each term is constituted particularly on an ideal point that has relevance to the company's revenue and ecological and social society. Savitz also explains the importance of creativity in delivering goods and services in a practical way. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayThe “sweet spot” map: minimize and optimizeSavitz explains the effect of each activity the company does wither its effects on the company itself or its surroundings. The author creates a strategic Sweet Spot step by developing a Sweet Spot Map that leads to growth in long- and short-term social and personal benefits. The author explains how the purpose of the map is to lead the company to create and improve operational plans and developments to lead the company towards sustainability where personal and corporate benefits are at the forefront. Savitz recognizes that whenever a company serves its social, economic and environmental interests while developing its strategies and increasing its profits, that is when it achieves sustainable growth. Andrew explains that the way to identify the sweet spot is to use the strategy of minimization and optimization. which is based on minimizing the company's potential damage, by highlighting the insufficient use of its resources to optimize them or either by moving to a new supply chain. Savitz assures that the best way to minimize is to shape the capabilities that suit the surrounding community, how to reduce risks and reduce insufficient costs and how to increase profits so that it saves the company money and to generate benefits in terms of money and business improvement. The author talks about other ways that benefit the business through minimization, including: Improving supply chain production lines. Keep an eye on shareholder interests. Monitor your competitors closely. Andrew presents the life cycle assessment which identifies the minimization strategy that is followed. with 5 business tips including knowing the value of goods created, recognizing the value of each product, continually focusing on the value of revenue, inspiring customers to see the importance of the entire system, and seeking integrity in every step of the process. The author presents the final steps after minimization that aim to optimize opportunities that can generate huge revenue for the company. Andrew explains the potential opportunity to improve business efficiency and not only reduce waste, but also turn certain activities into opportunities worth thousands of dollars. The author also writes not only about the development of the current field, but also about the creation of new market areas within the framework of optimization with new ideas from the efforts .