Corporate commitment to Sustainability-based Management<\/a> is strengthening.<\/p>\n Even as organizations overall are strengthening their commitments to Sustainability, one cohort of organization is expanding its commitments far more aggressively than others. They have emerged as Sustainability Strategy Leaders, while others stand as Laggards.<\/p>\n A study conducted between MIT Sloan and BCG Consulting Group, addresses the reasons for the gap which separates Leaders from Laggards of Sustainability.\u00a0 The study found strategic approach to Sustainability is the main differentiator between Sustainability Leaders and Laggards<\/a>:<\/p>\n The strategic approach also acts as a differentiator as to how Sustainability Leaders deal with other business parameters, such as:<\/p>\n Making early moves even when all needed information around Sustainability is not in place is the first marked step of early adopters of Sustainability.<\/p>\n In a survey of global corporate Leaders conducted by BCG and the MIT Sloan Management Review, it was revealed that an economic downturn caused more emphasis to be placed on Sustainability in companies\u2019 corporate agendas.<\/p>\n As more companies take up Sustainability, the report reveals a striking difference between two groups of companies, based on how they incorporate Sustainability into their business operations.<\/p>\n Sustainability Leaders have high-leverage tactics and strategies that transform the way their organization competes on Sustainability.\u00a0 They have incorporated\u00a0 Sustainability into their Strategy Development<\/a>\u00a0and Strategic Planning<\/a> process.\u00a0 Likewise, they exhibit a broader perspective of Sustainability and its implications to business. They have identified a range of business drivers that support their Sustainability Investments.<\/p>\n There are 7 key practices consistently followed by Sustainability Leaders.<\/p>\n Interested in gaining more understanding of Sustainability Leaders and their practices<\/a>?\u00a0 You can learn more and download an\u00a0editable\u00a0PowerPoint about S<\/strong>ustainability-Leaders vs. Laggards\u00a0<\/strong>here<\/a> on the Flevy documents marketplace.<\/p>\n You can download this and hundreds of other\u00a0consulting frameworks<\/a>\u00a0and\u00a0consulting training guides<\/a>\u00a0from the\u00a0FlevyPro library<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The Sustainability Performance of a firm can be viewed as a spectrum ranging from outstanding to inadequate. Firms rated as Sustainability Leaders are often proactive in addressing sustainability issues, exploring innovative solutions by mobilizing resources and actors interested in particular sustainability issues, and many times setting the sustainability agenda for their industry or geographic region.… What Separates Sustainability Leaders from Sustainability Laggards?<\/span><\/a><\/p>\n","protected":false},"author":124,"featured_media":7224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[408,85],"tags":[2226,877],"class_list":["post-7223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-leadership","category-organization","tag-corporate-sustainability","tag-sustainability"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/124"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=7223"}],"version-history":[{"count":10,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7223\/revisions"}],"predecessor-version":[{"id":7477,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7223\/revisions\/7477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/7224"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=7223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=7223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=7223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/08\/Sustainability-300x193.jpeg\")
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![\"\"](\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/10\/image-7.png\")
<\/a><\/p>\nBrief Outline<\/h2>\n
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Are you a Management Consultant?<\/strong><\/h2>\n