Business Chief APAC+ANZ Magazine April 2019 | Page 66

5 . FIGURE OUT THE MEASURING AND MONITORING SYSTEM .
6 . MAINTAIN A LASER FOCUS ON CREATING SHARED VALUE .
SUSTAINABILITY

“ The impact of creating and implementing our own sourcing model has been profound not only for the farmers but for our business and all those in our community ”

— Suranga Herathn , CEO of English Tea Shop
66 duced . Without wanting to be too trite about it , helping people help themselves is much more sustainable and powerful .
5 . FIGURE OUT THE MEASURING AND MONITORING SYSTEM .
If you ’ re going it alone , you need to find a robust way of benchmarking the outcomes of your model . Failing to do so could cause more harm than good . This could involve developing a framework for measuring social and economic impact for your investments and efforts and then tracking how business is directly and indirectly impacted as a result of such social progress .
6 . MAINTAIN A LASER FOCUS ON CREATING SHARED VALUE .
Creating a sourcing model is not without its ups and downs and there are times when commercial realities
APRIL 2019