Saturday, October 25, 2014

People, Planet & Profit

In economic perspective, an organization helps the individual on their livelihood. However, the companies should not end in just providing people a job to live their means. There are other factors which every organization should take into consideration -People, Planet and Profit.

People, planet and profit are the components of multistream approach. More and more companies now a days are practicing this approach. Corporate Social Responsibility for example is now popping up in most of the companies. Multistream approach according to Neubert/ Dyck is taking stakeholders as part of organization's responsibility. This creates balance on the companies financial stability and those that may be affected by the company's performance.


The video below shows the sustainability of the organization by taking compelling to people, planet and profit at the same time.







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