“We are industrialists, and they are businessmen.” This one line by Mr. Ratan Tata always bounds me to stop and think to the core of why I started ACME Universal Safezone 9 Pvt Ltd. I have said it repeatedly: the foundation of Acme is concerned with #safety. But, as I have seen the scaling we have done, it has accumulated some responsibilities on my share, too. Most importantly, the cause-driven initiative of sustainability. The desire for more sustainable consumption patterns has also been seen in consumer demands. Thus, my initiation always considers whether our sourcing, manufacturing, logistics, and delivery are harnessing this or not. Global markets are going green. But, while the global footwear industry emphasises sustainability, are we sacrificing profitability and market competitiveness for environmental concerns? My answer is a straight no. In actuality, adopting sustainable practices can boost a brand's competitive advantage in the marketplace and provide long-term benefits. But how? ⤷ Sustainability improves brand credibility ⤷ Eco-strategies improve operations ⤷ Competitive edge via market differentiation ⤷ Cause-driven brands retain employees and boost engagement. Businesses have to help the nation and contribute to employment, GDP, and economic growth. Thus, the balance between eco-friendly practices and financial growth remains a contentious issue. #SustainabilityInBusiness #ProfitvsSustainability
Top mindset! Great stuff Nitin Tiwari 👏🏻
Great perspective!
Operation Excellence ll supply chain strategy & transformation || Six Sigma Master Black Belt ||MS in Quality Management || Lead Auditor ISO 9001:2015|| JIPM TPM || ESG || Risk Management
5moIt's true he is an industrialist and the rest are businessmen that's why he buys air india which runs in loses no one organization in Indian guts to acquire air india because it's run in looses only one legend ie respected Mr ratan Tata sir guts to purchase and save all air india employees to become unemployee No word it's real Indian hero Proudly Industrialist I am not mentioned any name of organisation and this is truth ie most of organisation run businesses for their own but one and one only tata group run businesses for nation not for own benefit..