For this week’s discussion, please respond to the following:
How would you implement the triple bottom line (people, planet, profit) concept at your chosen company, whether you are using the snack food company scenario or the company of your choice?
Keep the following format in mind as you complete this week’s discussion:
Profit: Specify your company’s strategies to keep the company profitable. When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole. Profits are more than just a benefit for shareholders. Briefly explain your approach.
People: Describe your approach to caring about suppliers, customers, employees, and the community. For example, one way to care about employees is to provide a good working environment, training and development opportunities, and health care. Use subheadings for each category of stakeholders and discuss specific strategies for each:
Employees
Customers
Community
Suppliers
Planet: Explain your approach to minimizing your company’s environmental impact. Consider all aspects of your operations. For example, your company might develop a process to minimize waste or reduce energy usage, such as using recycled materials in its production process.
Post at least one substantive comment to another student’s post.