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The Future of Value: How Sustainability Creates Value Through Competitive Differentiation by Eric Lowitt

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9

KEEPING SUSTAINABLE AND AGILE

A business imperative is a new circumstance in the economic environment that requires radical changes in a business’s operations at every level. If changes are not made, the business cannot continue to create value consistent with previous levels; in extreme cases, the business cannot survive. The first four post–World War II business imperatives—quality, business process reengineering, globalization, and the Internet—collectively and individually have driven great change in the way business creates value. Each has necessitated significant changes to core processes and methods of supply chain management. Each has driven and continues to drive economic growth. Each one, and the changes it ushered in, disrupted the ...

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