Commitment 1

resilience

This Commitment is about having a focus on long term business performance and resilience.

To develop your sustainability plan go through the actions for each commitment, figure out where you need to start, and make a plan!

Actions to get started:

Start by ensuring you are set up to operate your business based on sound business practices (human resources, health & safety, financial management, paying the correct tax, operating ethically, etc). Make sure you include these actions:

 ✓ Review your vision and mission (or purpose), or write one if you don’t have one, and incorporate sustainability.
 ✓ Update your business plan (or write one if you don’t have one) and include short-term and longer-term goals.
 ✓ Develop a system to keep track of your finances and analyse your financial reports regularly.
 ✓ Use a business analysis tool to assess your business and competitive environment. Incorporate this into your business plan.
 ✓ Understand your risk profile and plan accordingly.
 ✓ Operate with good business ethics.

Actions for doing more:

Once you have the basics sorted, start looking at how you can report on non-financial metrics, and benchmark your performance.

 ✓ Include visitor, community and environmental metrics alongside your financial indicators and regularly report on these as appropriate to staff, stakeholders, industry and the public.
 ✓ Benchmark your business against your own performance and that of others.

 

Back to Achieving Economic Sustainability
Back to Achieving the 12 Commitments