In Part 1 of this series, we talked about definitions and key general principles for an enterprise to be mindful and adopt the tenets of being profitable while also caring for and making sustainable their Environmental practices, be concerned and do more on the Social front in terms of their employees and the communities where they are based, and have strict and comprehensive systems of internal and external Governance (ESG). In Part 2 we developed the notion of ESG further through a specific case study on Unilever and what it takes to actually embed the principles in the operational way-of-working of the business. In Part 3 (this article), we finish up this series with a proposition of an ESG-centric business model design, using the Business Model Beacon framework as a guide. In this article I will discuss the architecture and characterization of business models in general, and specifically, a new framework for developing a business model with an ESG core, and create the foundation for a new series of articles on Designing Multidextrous Business Ecosystem Models (MBEMs).
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