Contents

About the Author

Acknowledgments

Foreword

Prologue: Capitalism at the Crossroads

Part One. Mapping the Terrain

Chapter 1. From Obligation to Opportunity

The Great Trade-Off Illusion

The Greening Revolution

Shattering the Trade-Off Myth

Breaking Free of Command-and-Control

Beyond Greening

Raging Against the Machine

Smart Mobs Versus Smart Globalization

Becoming Indigenous

The Road Ahead

Overview of the Book

Notes

Chapter 2. Worlds in Collision

The Three Economies

The Money Economy

The Traditional Economy

Nature’s Economy

Collision Course

New Lenses on the Global Market

Developed Markets: Reducing Corporate Footprint

Emerging Markets: Avoiding the Collision

Traditional Markets: Understanding Real Needs

The Value Proposition

Notes

Chapter 3. The Sustainable Value Portfolio

Sustainability Buzzwords

Elements of Shareholder Value

The Buzzword Sort

Connecting the Dots: The Sustainable Value Portfolio

Growing Profits and Reducing Risk Through Pollution Prevention

Enhancing Reputation and Legitimacy Through Product Stewardship

Accelerating Innovation and Repositioning Through Clean Technology

Crystallizing the Firm’s Growth Path and Trajectory Through Sustainability Vision

Charting the Sustainable Value Portfolio

The Road to Sustainability

Pursuing the White Space

Notes

Part Two. Beyond Greening

Chapter 4. Creative Destruction and Sustainability

Continuous Improvement Versus Creative Destruction

Greening = Continuous Improvement

Beyond Greening = Creative Destruction

From Textile Dyes to Biomaterials

Using Carbon Dioxide to Change the World

Whole Systems Thinking

Reinventing the Wheels

Technologies of Liberation

Eating Your Own Lunch

Notes

Chapter 5. The Great Leap Downward

On the Horns of a Dilemma

The Tip of the Iceberg

Creative Creation

Driving Innovation from the Base of the Pyramid

Connecting the World

Power to the People

Food, Health, and Hope?

A New Development Paradigm

Taking the Leap

Notes

Chapter 6. Reaching the Base of the Pyramid

BOP Pioneers

It’s the Business Model, Stupid

Removing Constraints

Increasing Earning Power

Creating New Potential

Assessing Sustainability Impact

Village Phones: The Triple Bottom Line

The MNC Advantage

A Common Cause

Notes

Part Three. Becoming Indigenous

Chapter 7. Broadening the Corporate Bandwidth

Learning from Ladakh

The Post-Development Challenge

Radical Transactiveness

Fanning Out: Extending the Scope of the Firm

Fanning In: Integrating Diverse and Disconfirming Information

From Transparency to Transactiveness

From Alien to Native

Notes

Chapter 8. Developing Native Capability

Expanding Our Concept of the Global Economy

Engage First, Design Second

Coinvent Custom Solutions

Experiment with Low-Cost Probes

Fly Under the Radar

Work with Nontraditional Partners

Build Social, Not Legal, Contracts

Moving Beyond the Transnational Model

Notes

Chapter 9. Toward a Sustainable Global Enterprise

Draining the Swamp

The Next Tsunami

Becoming Indigenous

Avoid the Top-Down Bias

Think as a Disrupter

Reinvent Cost Structures

Transform the Meaning of Scale

Align the Organization

Building the Cathedral

Postscript

Notes

Index

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