Leadership Mindset on the Triple Bottom Line

25 January 2024, Version 1
This content is an early or alternative research output and has not been peer-reviewed by Cambridge University Press at the time of posting.

Abstract

This article reflects the intricate relationship embodied in the Triple Bottom Line (TBL) – a trinity encompassing profit, people, and the planet – within the realm of global business objectives. It starts with a meticulous breakdown of the layers constituting the TBL. The narrative delves into the genesis of TBL, its acceptance into the business domain, and its pivotal role in the evaluation of sustainability. Supporting that profitability transcends traditional financial metrics, shedding light on an organisation's broader impact on society and the economy. The narrative then navigates through the social dimension, encapsulated by 'People,' championing equitable business practices and societal well-being. 'Planet' assumes a fair share of mention, advocating for environmental sustainability and a collective reduction in ecological footprints. As the article unfolds, it weaves a compelling tale of TBL's instrumental role in steering businesses towards global objectives and successful outcomes, emphasising the profound interconnectedness of profit, people, and the planet. Leadership emerges as a central protagonist, with a spotlight on the imperative of adopting a TBL mindset. This article further scrutinises the challenges and benefits that leaders encounter in embracing TBL, offering valuable insights into sustainable practices and solutions. This article also serves as a clarion call to action, urging leaders to seamlessly integrate TBL into their organisational fabric, fostering a more sustainable and inclusive landscape for the future of the business.

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