I'm a fan of Servant Leadership. If you are not aware of the concept, check out this video of Colleen Barrett, CEO of Southwest Airlines or The Greenleaf Center for Servant Leadership to learn more. The basic premise is that when company leadership serves their employees as their number 1 priority, the employees will be more engaged and motivated and better able to serve their customers and markets. I love the concept because it assumes we are part of something greater than ourselves, that the whole is greater than the sum of its part when this care taking is the fabric of an organization. This also feeds my (and others') spirtual and emotional self, in that by giving we become better beings. And there is an added bonus. Companies that embrace a long term strategy of servant leadership are more profitable than their peers. In turn "profits are the applause for the employees doing well." It's a win-win for all.
My analytical side loves to analyze the tangible implications of Servant Leadership. And that's where the term Triple Bottom Line (People Profits & Planet - or Triple P) comes in. Triple Bottom Line management can be used to find the balance between People, Profits and Planet to create sustainable businesses that serve. All companies have components of each element but without the right balance, one or more of the other factors may become skewed.
Consider the 3 components as sides of a triangle, where sustainability is a board that balances at the tip of the triangle foundation - too much emphasis on one or two will cause an imbalance - eventually resulting in a breakdown of the foundation. Too much emphasis on profit, and employees and/or planet will suffer. Too much emphasis on employees, and profits and/or planet will suffer. You get the point. Triple P allows for a measureable way to manage and grow a company based on the company and owner's unique value system with our real world business, social and environmental ecosystem.