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3 Simple Consolidation Strategies To Help Your Business Go Green
(Friday, 11 August 2017) Written by greeniac303030

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Every day we face more news about how climate change threatens our planet. The Polar Regions are quickly melting away. Water scarcity is already causing revolutions and food insecurity. Where does business fit into this? Can businesses contribute to combating climate change? The importance of focusing on sustainability can no longer be overstated. With the renewed global focus on sustainability, an organization is forced to start making changes or face being obsolete.

Several governments across the globe recognize this challenge and seek to make it easier for businesses to adapt. Tax incentives and regulations favoring compliant businesses are strategies leaders use to assist firms to go green. Some other ideas companies can adopt to go green can include the following.

1. The Life Cycle Management Approach

Companies that design products for their use or on contract to others often pay close attention to how consumers will use it. Significant investment in research on how potential users will interact with the product is carried out to aid design.

However, hardly any attention is paid to what happens to the product after its lifetime of use is over. Firms developing products ought to factor the end of use stage early in the design process. Allow for collaboration between your product design team and those who deal with its disposal. When your design team shares potential product ideas with recyclers and dismantlers, sustainability will be a key focus.

This type of collaboration helps identify barriers to efficient disposal when designing products. The result is the production of items that are environmentally friendly, designed with the best disposal attributes in mind. The company, therefore, reduces its contribution to environmental pollution.

Create tools that will help consolidate this collaboration across departments. Some of these include:

  • Design books to make data in the process available across the organization.

  • Constitute joint design and disposal teams that are accessible to all workers for consultation.

  • A pleasant side effect of this collaboration is a reduction in the overall costs of waste disposal. The business not only directly increases its sustainable impact but it also contributes indirectly to making sustainability more affordable.

    2. Re-Use To Be Competitive

    The cost of inputs is one of the core expenses that influence a company’s profit margins. Assess the types of inputs that you use to produce your good or service to identify what you can substitute with recyclables. Replacing unrecycled inputs with those that are, helps the production process utilize recycled materials. The company’s operations, therefore, increase the degree to which they are sustainable.

    The cost of such inputs is significantly lower, and this increases the company’s profit margins. The increase in profitability encourages more use of recycled inputs creating a virtuous cycle. Using prepared recyclable inputs consolidates the steps used in preparing inputs. The reduction in process steps saves time and any extra waste associated with it.

    3. Outsource To Become Lean And Green

    Business that want to be greener can opt for this strategy. Instead of handling many of the tasks that contribute to operations, engage outside firms in managing them instead. Businesses that specialize in marketing your products and services through their workers help cut down on operational costs. Many businesses also consolidate the services they need to one company. If you are considering doing this, make sure you do your research, like these ACN Reviews, to find the best fit for your company.

    These costs aren't just financial but also environmental. Reduced staff numbers lead to reduced electricity consumption, for example. You can tap into an external workforce while minimizing the degree of negative environmental impact that a large staff count often results in.

    There is increasing pressure on businesses to adopt strategies that make them environmentally conscious. Governments across the world have taken steps to help firms make the change. Many approaches exist for companies to choose in line with what is most relevant to them. A first step is initially adopting simple policies and growing their effectiveness as time goes by.

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