Thursday, July 29, 2021

g-f(2)399 THE BIG PICTURE OF THE DIGITAL AGE (7/29/2021), BCG, Helping companies achieve sustainability as advantage




ULTRA-condensed knowledge



Opportunity, The front-runners exhibit seven characteristics, BCG 
  • 25% emerged as front-runners.
  • These cases reimagined the business entirely and reshaped the boundaries of competition to address the root causes of environmental and societal needs at scale for growth and advantage.

The front-runners demonstrate seven characteristics



    Opportunity, Helping companies achieve sustainability as advantage, BCG
      • To help companies achieve sustainability as advantage, we propose adopting a four-step innovation cycle:
        1. Expand the business canvas by using deep stakeholder discovery and scenario analysis, and identify the vulnerabilities and opportunities that are tied to environmental and societal issues.
        2. Explore the seven archetypes of innovation and the characteristics of SBM-I leaders to ideate more robust and resilient business models that generate notable environmental and societal surpluses.
        3. Test and refine these business model innovations to expand environmental and societal surpluses, and connect them to drivers of competitive advantage and business value creation.
        4. Scale the winners to expand impact and realize advantage by reshaping the stakeholder ecosystem and altering the boundaries of competition.

                Genioux knowledge fact condensed as an image


                Condensed knowledge


                Opportunity, The front-runners exhibit seven characteristics, BCG 
                • 25% emerged as front-runners.
                • These cases reimagined the business entirely and reshaped the boundaries of competition to address the root causes of environmental and societal needs at scale for growth and advantage.
                Opportunity, Helping companies achieve sustainability as advantage, BCG
                  • To help companies achieve sustainability as advantage, we propose adopting a four-step innovation cycle:
                    1. Expand the business canvas by using deep stakeholder discovery and scenario analysis, and identify the vulnerabilities and opportunities that are tied to environmental and societal issues.
                    2. Explore the seven archetypes of innovation and the characteristics of SBM-I leaders to ideate more robust and resilient business models that generate notable environmental and societal surpluses.
                    3. Test and refine these business model innovations to expand environmental and societal surpluses, and connect them to drivers of competitive advantage and business value creation.
                    4. Scale the winners to expand impact and realize advantage by reshaping the stakeholder ecosystem and altering the boundaries of competition.

                            Category 2: The Big Picture of the Digital Age

                            [genioux fact deduced or extracted from BCG]

                            This is a “genioux fact fast solution.”

                            Tag Opportunities those travelling at high speed on GKPath 

                            Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

                            Type of validity of the "genioux fact". 

                            • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


                            Authors of the genioux fact

                            Fernando Machuca


                            References


                            ABOUT THE AUTHORS


                            David Young


                            Managing Director & Senior Partner, BCG Henderson Institute

                            Dave Young returned to Boston Consulting Group in April 2016, and leads the firm's total societal impact and sustainability work globally, and is a BCG Henderson Institute Fellow. Dave works closely with the leaders of the Social Impact practice to assist clients with efforts at the intersection of social impact, the firm's Public Sector practice, and the private sector. He also engages with BCG's Grow Africa team, tapping the vast experience he gained in that region during his time away from BCG and his exposure to Africa since 1976.


                            Martin Reeves


                            Managing Director & Senior Partner, Chairman of the BCG Henderson Institute

                            Martin Reeves is chairman of the BCG Henderson Institute, BCG’s think tank dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. Martin is also a member of the BCG Henderson Institute's Innovation Sounding Board, which is dedicated to supporting, inspiring, and guiding upstream innovation at BCG.

                            Martin is a regular contributor to HBR, MIT SMR, Fortune and other management journals on business strategy and management.


                            Marine Gerard


                            Project Leader; Ambassador, BCG Henderson Institute

                            Marine Gerard is currently an ambassador at Boston Consulting Group’s Henderson Institute, exploring how companies can undertake and drive successful Sustainable Business Model Innovation (SBM-I) to address society’s most pressing environmental and social challenges in ways that unlock new opportunities for business value creation and competitive advantage.

                             

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