bottom line

Examples of bottom line in the following topics:

• Arguments for and against Corporate Social Responsibility

  • Most arguments both for and against CSR are based on how a company's attempts to be socially responsible affect its bottom line.
  • CSR proponents may also argue for the recognition of a "triple bottom line" performance that includes not only financial returns for owners but also social and environmental benefits for the greater society.

• Types of Social Responsibility: Sustainability

  • The three pillars—also known as the "triple bottom line"—have served as a common ground for numerous sustainability standards and certification systems in recent years, though a universally accepted definition of sustainability remains elusive.

• Social Responsibility Audits

  • This type of accounting originated in the early 1990s and is known by various names, including social accounting, sustainability accounting, CSR reporting, environmental and social governance (ESG) reporting, and triple-bottom-line accounting (encompassing social and environmental as well as financial reporting).

• Planning a Project

  • Initiation: The initiation stage includes generating the idea, assessing the feasibility and profitability of the project, conceptualizing the operational benefits and the bottom line, and getting approval and resources.
  • This integration should be in line with the framework established in the first two stages.

• Working with Management

  • The management should also consider how innovations might help or hinder employees in doing their jobs, as opposed to merely considering the immediate effect to the company's bottom line.

• Overview of Strategic Planning Tools

  • One popular scenario application is called the zero-sum game, where the costs and revenues are equated to see at what level of cost or what level of revenue a zero-sum bottom line can be achieved.

• What is Strategy?

  • Strategy involves the action plan of a company for building competitive advantage and increasing its triple bottom line over the long-term.

• Differences in Messaging in For-Profit vs. Non-Profit Organizations

  • Messaging may also be more general but still designed with a company's bottom line in mind.

• Network Structure

  • Because the network structure is decentralized, it has fewer tiers in its organizational makeup, a wider span of control, and a bottom-up flow of decision making and ideas.
  • For example, lines of accountability may be less clear, and reliance on external vendors can be quite high.

• Decentralizing Responsibility

  • A decentralized organization tends to show fewer tiers in its organizational structure (less hierarchy), a wider span of control, and a bottom-to-top or horizontal flow of decision making and ideas.
  • These decisions or policies are then enforced through several tiers of hierarchy within the organization, gradually broadening the span of control until they reach the bottom tier.
  • One advantage of this structure—if the correct controls are in place—is the bottom-up flow of information.
  • For example, if an experienced technician at the lowest tier of an organization knows how to increase the efficiency of the production, the bottom-to-top flow of information can allow this knowledge to pass up to the executive officers.