Today small businesses and
entrepreneurships represent over half of all United States employment. This number continues to grow domestically and around the globe as more individuals seek self-employment in these economic times. With more individuals looking to become self-starters, small businesses sustainability leaders are positioning themselves to play a much more significant role in our economic future.
In our professional consulting, we find that small business is often, by design, perfectly suited for sustainability implementation. Direct interactions over the years with these organizations reveal that small enterprises are typically more intimately connected to their stakeholders. By this, we mean that small businesses are:
• More in-touch with employees: engaging and actively managing
employees on an individual level.
• More in-touch with investors: closely working business relationships to meet the expectations of its
stakeholders and investors.
• More in-touch with customers: working directly with
consumers and business customers to deliver products that meet specific requirements and delivery expectations.
• More in-touch with suppliers: directly communicating with smaller set of business
partnerships often directly integrated into the business operations.
Companies that experience difficulties with business sustainability implementation often cite the challenges of business visibility, stakeholder engagement, change management, or overall goal
alignment. Our sustainability consulting experience has shown that through increased eco awareness and stakeholder engagement, business sustainability implementations have a much higher rate of success than forced action.
With small businesses having closer and a more direct line of communication with key business stakeholders, the potential for an aligned business sustainability understanding is available. We find that progressive small businesses are working with stakeholders to create a business
case for sustainability and leveraging small business resources already available within the organization. These companies are defining
opportunities for improvement, linking them to specific business metrics, and creating scorecards to evaluate success.