Page 205 - EN_final
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Various  stakeholders,  particularly  customers  or  directly  involved  business  partners  should  be

                  viewed as direct and permanent partners and not external stakeholders. Environment including
                  among other soil or climate can be considered as output-related stakeholders. From a social
                  perspective, this element represents the stakeholders impacted by the business model, which
                  include both end-users and the society involved in the downstream phases of the product’s life
                  cycle. The social perspective focuses on the impact of the organization on society, considering

                  how certain actions can positively or negatively influence society.
                  Sustainable  consideration  of  output-related  stakeholders  allows  to  maximize  sales  with  an
                  intention  to  maximize  financial  profitability.  There  should  be  an  attempt  to  reduce  excessive
                  consumption  and  streamline  the  process  between  production  and  consumption  to  meet
                  sustainability related objectives.

                      ●  Output-related stakeholders relationships

                  Sustainable output-related stakeholder relationships may have have a shared objective to reach
                  economic objectives while simultaneously reducing environmental consequences. One example
                  could be to assure waste recycling.
                  While the economic dimension of output-related stakeholder relationships is often focused on the
                  relationships  with  customers  as  output-related  stakeholders  and  on  the  resources  to  achieve

                  economic objectives. The environmental aspects of output-related stakeholder relationships could
                  include green policies supporting ecology. When it comes to social aspects between company
                  and society such actives as integrative practices among different counties, areas, or cultures while
                  promoting sustainable consumption practices.

                      ●  Burdens
                  The burdens element relates to potential negative environmental, social, and economic impacts
                  that are due to company’s way of doing business. In a sustainable business model, a sustainable

                  cost structure is an example of economic impacts of doing business. Companies must focus on
                  cost reduction while also developing lasting value in order to have a sustainable cost structure.
                  Producing goods in large quantities may be less sustainable than producing a single piece of a
                  product since they frequently encourage bulk purchasing, excess inventories, and waste, as well
                  as driving mass sales and overselling to customers at low prices.

                      ●  Benefits
                  The benefits can be considered as positive environmental, social, or economic outcomes which
                  are generated by the company. The structure of sustainable income or revenue streams is a

                  difficulty for most companies aiming to integrate sustainable business strategies. One option is to
                  target  recurring  payments  from  consumers,  such  as  subscriptions,  as  well  as  the  long-term
                  service of product maintenance, repair, and recycling at the end of the life cycle. In this structure,
                  the  product  or  service  is  provided  continuously,  creating  revenue  for  the  provider  while
                  simultaneously assuring the long-term maintenance and integration of old products and product
                  components to reduce waste and environmental burden.
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