The Four Strategic Imperatives for a Sustainable Business Model

The four strategic imperatives for businesses and nonprofit organizations interested in creating a sustainable business model are activating human capital, cultivating a caring culture, innovating products and services, and educating customers and stakeholders. Today’s volatile, uncertain, complex and ambiguous (VUCA) marketplace constantly presents new challenges to an organization’s ability to sustain itself financially. In its 2024 Global Human Capital Trends report, Deloitte observed, “A focus on the human factor is emerging as the bridge between knowing what shifts are shaping the future of work and doing things to make real progress toward putting them into action to create positive outcomes.” With such “a focus on the human factor,” the first strategic imperative for organizations looking to create a sustainable business model concerns activating human capital.   Click here to read the entire article.