Good Business Background

What is Good Business for South Australia? 

Good Business assists South Australian (SA) companies to generate profit, create business value and achieve competitive advantage through practices that are environmentally sustainable and socially responsible – sustainable business practices.

What is ‘sustainability’ & ‘sustainable business practice'?

The most widely used definition of ‘sustainability' (or sustainable development) was coined by the 1987 Bruntland Report as ‘the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs’.

So how does this translate to business?

Business sustainability is defined by the BSA as the ‘proactive approach to the long-term viability and integrity of a business by optimising resource needs, reducing environmental and social impacts and managing resources without compromising product or service quality, competitiveness or profitability’.

Specifically tailored to small-and-medium-sized enterprises (SMEs), Good Business provides guidance through:

	1. Strategic Guidelines Strategic Guidelines on why sustainable business practices can help a company gain significant advantage in their market and industry, going beyond the basic activities (like saving paper and changing turning the light switch off) to make sustainable practices the source of business growth and profitability into the future, through ten 'Drivers of Sustainable Business Practice'.
	2. Operational Guidelines Operational Guidelines on how to systematically implement practices related to the Driver that you think best represents an opportunity for your company to gain advantage through sustainable business.
	3. Case Studies Case Studies of companies in South Australia creating real business value through sustainable practices, to help you understand how local companies are benefiting from this strategic approach.

Good Business is not an exhaustive ‘how to’ manual – it only provides a strategic and operational framework for businesses across different industry sectors in South Australia to work within. As such Good Business facilitates, but does not yet provide information on specific initiatives and actions an individual company should to undertake to improve their sustainable business performance. This level of detail is best tailored to the company’s industry, market and financial position. For more details Innovate SA can assist you www.innovatesa.com.au

The Good Business eGuide presents guidelines and case studies within the following key value creation drivers categories:

Each category provides related information on local  case studies, course information and helpful tips.

How do you get the most of this eGuide?

The Good Business eGuide is designed to help you access the information you need, as quickly as possible. Found out how in the Using this eGuide.

Good Business Success Stories

The Good Business eGuide provides twelve of successful South Australian companies creating real business value through sustainable practice.

View these examples: 

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