Most people are of course familiar with the concept of the bottom line.
It’s about financial viability. Decisions need to consider the impact on the bottom line; ie – is this action/product/service/investment etc going to add to the bottom line or subtract from it? This is naturally of massive importance to any organisation. It’s not viable to do things that are not going to pay back in some way. So far, we’re probably all in agreement.
And the 3 P’s are Profit, People and Planet.
What does it mean? Simply that an organisation that wants to be successful over time, not just immediately, needs to judge all decisions, all actions against these three measures;
What does it mean? Simply that an organisation that wants to be successful over time, not just immediately, needs to judge all decisions, all actions against these three measures;