Economic Sustainability For Success: What It Is And How To Implement It

Economic Sustainability

2018 saw the U.S. economy grow by 4.1%, well ahead of the trend.

Following this, U.S. President Donald Trump stated:

“These numbers are very, very sustainable. This isn’t a one-time shot.” – Donald Trump, Is the economy really as great as Trump says?

What did Trump mean when he said that this number was “very sustainable” – and was it?

In 2019, and as predicted by economists, the U.S. growth rate slowed down and returned to 2.1%.

Unsustained high growth rates are very common. It seems that the magic 2% has a gravitational pull, hauling back growth rates that increase over it. Is this 2% what economic sustainability looks like?

In this article, we at Process Street explore what is meant by economic sustainability. We look at the benefits economic sustainability can bring on a global level and at a business level. We suggest ways you can become economically sustainable in your business today.

Read through the sections below:

Shall we get started?

Continue Reading

How You Can Create a Sustainable Business For Long-Term Success

How You Can Create a Sustainable Business For Long-Term Business Success

It is becoming increasingly apparent that sustained corporate success lies in harmony with a healthy society and environment.

84% of business executives recognize the importance of adopting a sustainable business. Academics, such as the environmental economist Robert Mendelsohn, agree that sustainability is key:

“We can’t afford not to be sustainable.”Robert Mendelsohn, Can we afford sustainability?

At Process Street we also recognize the increasing priority adopting a sustainable business model should have.

In this article, we explain what a sustainable business is, why it is important, how it can benefit your business in both the short and long term, and how you can implement sustainable actions into your business. At the end of the post, we provide you with templates that act as aids to make your common business processes more sustainable.

Let’s get started.

Continue Reading

Get a free Process Street account
and take control of your workflows today.

No Credit Card Required