Transformation is not just about how to make money but how to create positive societal value.
If your business ecosystem needs more attention, plug its holes and bring participants together for the greater good. If this has political implications, be sure you understand the potential impact on stakeholder and public relationships.
Use your data, share it with your stakeholders, and project your near and long term ESG performance, as you would project financial results. You might have value chain relationships you maintain only due to price advantages. If they don’t advance your new goals, get out of them as gracefully as possible.
