The Next Generation Demands Sustainable, Innovative Business

Oct 24, 2013 3:55 PM ET

Original content by Bill McDermott, Co-CEO of SAP, on Reuters

Christina Marule owns a spaza shop — the equivalent of a corner store — in rural South Africa. Five years ago she was forced to keep her young son out of school while she traveled to the nearest market, a half day’s trip away, to purchase products to sell in her store. Today, she manages inventory via text message from a mobile device. Her son is back in the classroom.

Her story is one of personal determination, but also of real progress.

Fueled by innovation and the determined ambition of a whole new generation, stories like this are transforming business models and entire value chains. To the world’s future leaders, sustainable behavior is as much about educating Christina’s son as it is about protecting the world’s supply of drinkable water. It’s up to today’s leaders to connect those dots.

In a recent survey 84 percent of Millennials (the generation born between 1980 and 1993) said they care more about making a positive difference than workplace recognition. These young professionals are the very same consumers who care more about purpose than packaging or price. They are concerned, creative and impatient for opportunities to make a difference. Their terms are crystal clear: innovate business models around making the world run better and improving people’s lives — or be left behind by those that do.

During the recent annual meeting of the Clinton Global Initiative, I joined some distinguished panelists to talk about the world’s resource crisis. Many statistics are simply beyond dispute.

Continue reading the original article on sustainablity on Reuters >>

Original source Reuters.