Summary of Green to Gold

How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage

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Green to Gold book summary
Looking for an advantage over your competition? Try being greener. You might save money and save the planet.

Rating

10 Overall

10 Applicability

8 Innovation

9 Style

Recommendation

Sesame Street's Kermit the Frog famously observed, "It's not easy being green." Whether easy or not, environmental and social pressures are pushing more and more companies to ride the "green wave" to ecological sustainability. In this beautifully organized, crisply written book, Daniel C. Esty and Andrew S. Winston, both Yale professors, describe how sustainability can create competitive advantage. They succinctly make the business case for sustainability, and then provide a playbook of green strategies and tactics. The presentation is neither too abstract nor too detailed: It's just right. Nor is their presentation one-sided: They enumerate many ways sustainable products and strategies can go wrong. While some of their suggestions may seem obvious, the authors deserve praise for collecting so many excellent tips and tricks, and for describing them in memorable (mostly) jargon-free prose. getAbstract highly recommends this smart book to any business leader who wants to move beyond rhetoric to action. While Kermit's wisdom is doubtless correct, this handbook makes being green much easier.

In this summary, you will learn

  • Why sustainability is a new source of competitive advantage
  • How to use eight realistic strategies for going green
  • What mistakes to avoid in improving your green practices
  • How your company can jumpstart its sustainability program
 

Summary

Sony's Nightmare Before Christmas
Christmas time usually brings visions of carols, candy canes and sugarplums. But as Christmas approached in 2001, Sony executives instead had visions of toxic cadmium dancing in their heads. The Netherlands had impounded more than a million PlayStations...
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About the Authors

Daniel C. Esty is Hillhouse Professor of Environmental Law and Policy at Yale University, where Andrew S. Winston is Director of the Corporate Environmental Strategy Project.


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Contained in Knowledge Pack:

  • Knowledge Pack
    Sustainability
    The newest commercial advantage is good for business and for Mother Earth: how to go green for fun and profit.

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