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Interesting Article about the Strategy of going green November 24, 2008

Posted by Jeremy in Business, Efficiency Process, Efficient Technologies, Green Business.
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I just read a post on Harvard Business’ Leading Green blog that I really thought might be something to consider. 

http://blogs.harvardbusiness.org/leadinggreen/2008/11/the-strategic-obligation-of-su.html

It discusses the idea of how many companies are focusing on green ideals simply for the recognition of being green or maybe saving a few bucks on an electric bill but there are strategic reasons to be as green as possible.  The concepts that are outlined are very interesting to consider.

Much of what is discussed in this article outlines how you can utilize efficiencies to your own strategic advantage.  An example is the idea of using local vendors to supply your processes instead of distant vendors.  This is a green concept to save fuel but from a strategic viewpoint, how much will that decision save you if gas/diesel prices go back up or when shipping costs rise?  As the basics in life continue to rise in price process efficiencies will prove to not only save a little bit of money but also to better position you in comparison to your competitors.

I think that this is a very important thing to keep in mind when considering process efficiencies and green efficiencies… what is the long-term strategic impact of this decision.  It may only save a little money the first year but how much over the long term and what advantage can it provide your business?

My opinion on this is quite simple that creating business efficiencies will pay dividends for many years in decreased expenses, increased revenue, and strategic advantages.

Hope that this article and link is something that is thought provoking.  Let me know what you think.

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