Description
A sustainable business looks beyond the classic profit/loss statement’s net profit - the single bottom line- to the triple bottom line which was first espoused by John Elkington in 1994: People (Social/Health), Planet (Environment), and Profit (Economics). This accounts for the social/health and environmental cost of doing business in a world with finite resources that get ever more expensive and environmentally ruinous to extract as they dwindle, as well as the associated costs of water, waste, and pollution etc.
We will dive into some real examples on how to optimize medical care whilst saving money/reducing wastage (hard costs) and increasing recruitment/retention/client spend/increasing return rates/practice promotion-finding your business niche (soft costs). We will highlight the importance of creating environmental management plans for your sustainability actions and weigh the environmental/carbon impact reduction vs cost ($) vs challenges to implement.