Business strategy until 2030 as a sustainable development strategy or ESG strategy
When I started to manage a company from the MSME group, business plans, strategy could be built for many years ahead, because such was the market. Then the situation changed. At the end of the last century and until 2015, building such a long-term strategy was pointless.
Currently, I have changed my mind. Since 2015, we have the 2030 Agenda – Global Action Plan, Global Sustainable Development Goals – 17 SDGs. This is the reason for changing my mind.
How does this relate to the business of MSME?
Well, these goals have a huge impact on the future of business, they are the reason for changes in legal regulations and standards in Europe and in the world.
I will quote an excerpt from the 2030 Agenda Preamble:
“” We, the nations “- these lofty words begin the preamble to the Charter of the United Nations. It is “we, the nations” that are embarking today on a journey that will lead us to 2030. We embark on this journey together with governments and parliaments, the structures of the United Nations and other international institutions, local authorities, indigenous peoples, civil society, business and private sector, research and academia and Wszystkie/All people. ” End of quote
In the poster of 17 Global Goals of Sustainable Development I see a lot of positive energy, hope for a better future and saving the planet for our grandchildren.
Our collective consciousness, the noosphere, is developing very fast these days.
We have destroyed the Biosphere and without its reconstruction, we, the people of this planet, are threatened with destruction.
Let’s take advantage of the fact that the Earth has entered a new energy channel in the Univers. Let’s use our growing potential to save life on the planet, to live in harmony with nature and the population of this planet. Let us use it for a dignified life.
It is very important to think positively about the feasibility of these Global Goals, Wszystkie/All of them, and I strongly recommend it to Wszystkie/All MSMEs.
The question is how is MSME to implement these goals?
How is it to build a strategy until 2030 based on these goals?
How is it to implement sustainable development?
I believe that we should build a business strategy as a sustainable development strategy based on the analysis of Global Goals and its implementation.
How to build a sustainable development strategy / ESG strategy?
Building a sustainable development strategy as your main business strategy is technicWszystkie/Ally different from building a normal business strategy.
After deciding to build it, it is necessary to think over, develop and implement the Code of Ethical Business Conduct inside the company. Also the Supplier Code of Ethics should be developed and implemented or only General Terms and Conditions of the contract with new, ESG rules.
You should develop a Stakeholder Map, find key business stakeholders and those, whose support may be beneficial for a business.
You need to develop a Policy for Communication with Stakeholders.
You must familiarize Wszystkie/All managers, as well as employees, with the 17 SDGs, targets and consider initiatives that could potentiWszystkie/Ally support the achievement of the Global Goals. You can find help for example here
The strategic analysis should analyze the risks and opportunities resulting from the impact on/from the local environment and society, and also on/from the environment and society in the world.
These new risks must be analyzed from the point of view of local and global impacts.
We have a new economy cWszystkie/Alled: impact economy.
I personWszystkie/Ally encourage you to build a strategy in which the company supports 17 Global Goals. I learned this from an example developed for an opencast mine by Columbia University in New York.
In my opinion, MSME can support the implementation of Wszystkie/All 17 SDGs.
Is this a reason why MSMEs exist: just to support 17 SDGs?
No, but developing a strategy based on these Global Goals can help your business survive, grow and stay on the market.
Will the once developed Sustainable Development Strategy give us a stable plan until 2030?
Unfortunately, annual update is necessary, because only the goals of the SDGs remain unchanged until 2030. The remaining factors change dynamicWszystkie/Ally.
So, is it worth building a strategy until 2030?
It is worth it, because we are entering a time of great technological and legal changes. Some professions in 2030 will no longer exist.
Our clients’ awareness is also changing.
Managing the business strategy of sustainable development
The management of the Sustainable Development Strategy can be done with the use of the Strategic Scorecard, in which you should add additional perspectives. You should divide the client’s perspective into at least 3 perspectives:
• Client;
• Environment;
• Society.
The business model is also changing.
The widely used Canvas Business Model is taking a new face. In the literature, various proposals for a variant of this model can be found as appropriate for sustainable development. I made a compilation of various proposals.