9 Attributes of Sustainable Business Models:
A worthwhile article in assessing whether your business model is truly sustainable by testing it against 9 attributes which fundamentally underpin business advantage. The first 5 attributes apply to many business models independent of their environmental or societal impacts, but it is the addition of attributes 6-9 that forms the core of truly sustainable business models, as they are becoming increasingly important to remaining resilient and extending business advantage in the future. These are the 9 attributes of sustainable business models:
Scales effectively without increasing risks or diminishing returns
Increases differentiation and competitiveness
Reduces the potential for commoditization
Uses network effects to achieve growth and multiply the value
Harnesses business ecosystems for advantage
Remains durable against environmental and societal trends
Creates environmental and societal benefits material to key stakeholders
Increases returns to shareholders and E/S benefits to stakeholders
Animates purpose
Source: BCG