11 – Eco-Social Costs
A look at the business model from the product manager's point of view
CANVAS 13 - Great guide on the business model, from the product manager's point of view
1 – Customer Problem
2 – Customer Segments
3 – Value Propositions
Value Proposition Formulation Map
4 – Customer Relationships
5 – Channels
6 – Revenue Streams
7 – Key Activities
8 – Key Resources
9 – Key Partners
10 – Cost Structure
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12 – Eco-Social Benefits
13 – KPI (Key Performance Indicators)
Eco-social Costs of Our Business: The Key to Sustainable Development
In today's world, businesses need to be not only economically successful but also environmentally responsible. Analyzing eco-social costs is one of the tools for assessing the sustainability of a business model. This key element of the Business Model Canvas structure helps companies identify and minimize the negative impact of their activities on the environment and society.
What environmental or social costs does our business model cause?
Our actions can lead to various environmental and social consequences, including air and water quality degradation, destruction of natural habitats, and social injustice. Understanding these consequences not only helps us strive for "green" policies but also strengthens our reputation among consumers and partners.
What key resources are non-renewable?
Identifying non-renewable resources, such as certain types of minerals or depletable energy sources, is critically important for planning long-term sustainable development strategies. Understanding this aspect allows us to review and optimize resource use, moving towards more sustainable alternatives.
What key actions use a lot of resources?
Evaluating operations that consume significant amounts of resources is the first step towards optimizing them. This can relate to production, logistics, or even marketing. Each of these aspects can be reviewed to reduce costs and minimize environmental impact.
Assessment Tools
To effectively manage these aspects, we use the following assessment tools:
- Life Cycle Assessment (LCA): This method allows us to assess the overall impact of products and services on the environment throughout their entire life cycle—from raw material extraction to disposal.
- Common Good Balance Sheet: This approach helps us evaluate our contribution to the common good, including social impact, environmental justice, and economic stability.
Our goal is not just to minimize the negative impact on the environment and society but also to actively contribute positively, creating a sustainable future.