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Copyright @SUSTAINact 2023
In today’s rapidly changing business world, sustainability is becoming more and more important. This is where traditional growth strategies reach their limits. In addition to topics such as employee or customer loyalty, there are other economic reasons for companies to deal with the topic of sustainability.
(Source: McKinsey, PM Sustainable Consumption, 2022)
Modern management teachings require an immediate switch to sustainable business models. Easier said than done for many companies. Simply conquering new regional or global markets overnight with new, sustainable products involves an incalculable entrepreneurial risk.
As much as time is pressing, achieving more sustainability is not an add-hoc change, but a journey. Mostly lengthy, complex with many obstacles. Therefore, the SUSTAINact Sustainable Business Development approach focuses on making your business development more sustainable step-by-step and thus more successful in the long term
Whether it’s the Supply Chain Due Diligence Act or sustainability reporting, I support you with the implementation so that you meet the legal compliance requirements.
I would be happy to advise you on how to change your existing portfolio, processes and organization by using innovative and sustainable business models, such as circular economy, sharing economy and anything-as-a-service (XaaS), so that you can achieve additional competitive advantages.
Based on Michael Porter’s ‘Value Chain’, I analyze every step of your value chain with you, from the procurement of raw materials to customer service, and then – if necessary – adapt it. The aim is to make the business process and the business outcome more effective and sustainable. These savings then enable further sustainability initiatives to be implemented. Step by step.
The digital support of the processes, with which I make the integration of sustainability practices into your business model more efficient and effective, plays a decisive role.
However, the introduction of sustainable business practices requires a rethink in the company, which brings with it a number of challenges. Here my tailor-made workshops can offer a first orientation.
In 2021, the Supply Chain Due Diligence Act, also known as the LkSG for short, was passed by the German Bundestag and will come into force throughout Germany in January 2023. It applies to companies with more than:
It obliges companies with headquarters, main office, administrative headquarters, registered office or branch office in Germany to comply with human rights, respect environmental obligations and prohibitions in their supply chains. This involves, for example, avoiding child labour, respecting human rights and the environmentally friendly disposal of waste. The LkSG is intended to increase supply chain transparency, strengthen human rights and at the same time take corporate interests into account.
Even if small companies are currently not formally directly affected by the LkSG, it is foreseeable that large companies will shift the responsibility to smaller companies.
Violators will face drastic penalties.
I support you with the introduction of the LkSG according to the legal regulations. I would be happy to advise you further on how you can expand the required minimum requirements into efficient risk management in order to minimize business risks and achieve competitive advantages.
The practical implementation of the LkSG demands a lot from the companies. In addition to the necessary organizational and process changes, the gathering, evaluation and audit-proof storage of data from a wide variety of sources represents another challenge. This is hardly feasible without digital support.
To help with this, my cooperation partner, Scopewire Data GmbH, has developed an innovative, user-friendly and comprehensive software-as-a-service solution that supports the introduction and management of the LkSG. Scopewire Supply Chain is immediately available directly from the cloud and already includes all necessary templates for management, policy statement and LkSG report.
However, a software solution alone is no guarantee that it will be used and accepted by your employees. Therefore, I offer all necessary workshops and training courses for managers and users for the introduction of the Scopewire Supply Chain,. If you wish, I can support you beside meeting the legal requirements, to turn this into competitive advantages.
With over three decades of experience working in management roles at various commercial enterprises and with numerous qualifications in sustainability management, I have extensive practical experience and, rather than simply handing you slick presentations, I will guide you every step of the way on your company’s journey to sustainability. My biggest strength is: creating clear structures that work in practice. And I value 1-on-1, open discussions.