As sustainability increasingly moves from fringe to mainstream, getting into the green game has become a corporate imperative. Because most established companies were founded before sustainability was truly a management concern, they lack a green heritage and competencies in managing environmental challenges – and opportunities. To respond to this reality, most companies need to take two tracks. The first is developing internal know-how and organizational structures for identifying, evaluating and managing the sustainability issues surrounding the company and its operations. The second is formulating strategies to develop new green product offerings suited to their market space. In this month’s Harvard Business Review my colleague Richard Ettenson and I lay out three broad strategies companies can use to get into the green product game.
Read more: http://www.environmentalleader.com/2010/06/21/sustainable-product-strategies-for-going-green/#ixzz40Xwt2W00