Assignment 1
Explain the similarities that exist between incorporating the TBL framework into both the service industry and the manufacturing industry, and why.
Explain the differences that exist between incorporating the TBL framework into the service industry and the manufacturing industry, and why.
Provide an example of a strategy that is appropriate to use across both the service and the manufacturing industries, and provide an example that is specific to either the service or the manufacturing industry when considering people, planet, or profit through the TBL framework.
Include a brief explanation of what each example demonstrates. For any new product or service, it is essential to ask, Can we make and sell this profitably?
Elkington argues that in that same decision-making process, the people gathered need to ask, Should we make and sell this at all?
Can we make and sell this in a way that is good for the people doing the making? What impact will this have on
our community? What impact will this have on the environment?