The Demand Revolution

The Demand Revolution How Consumers Are Redefining Sustainability and Transforming the Future of Business - Management on the Cutting Edge

Hardback (17 Sep 2024)

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Publisher's Synopsis

How consumer desire for sustainability is powering the first demand-driven, transformative megatrend-and how business leaders can make the most of this important moment. Sustainability is rocking the business world as profoundly as global trends of the past have, from electrification to digitalization. But unlike previous revolutions, this one is being driven by consumers, for whom environmentally sound practices matter as much as price, quality, and brand. In The Demand Revolution authors Andreas von der Gathen, Nicolai Broby Eckert, and Caroline Kastbjerg offer a strategic framework for winning these consumers-and taking advantage of the vast commercial opportunity presented by sustainability as the first demand-driven, transformative megatrend. The first movers in the Demand Revolution will be able to create enduring competitive advantages and high entry barriers built around redesigned business model ecosystems and customer loyalty, the authors explain, but this will require a critical adjustment in thinking and approach. Companies, first of all, have to catch up with consumers, who see themselves on a demand curve far beyond what companies currently perceive. Business leaders must shift their focus from the cost of sustainability to its potential for generating growth and long term profits. This, in turn, means recognizing that the classic adoption curves for innovations-and the strategic playbooks derived from those insights-no longer apply. The authors of The Demand Revolution show business leaders how to look beyond easy fixes and incremental outcomes and instead pursue high-risk, high reward moves built on the source of exponential growth: the world's consumers.

Book information

ISBN: 9780262049320
Publisher: The MIT Press
Imprint: The MIT Press
Pub date:
DEWEY: 338.927
DEWEY edition: 23/eng/20231214
Number of pages: 264
Weight: -1g
Height: 229mm
Width: 152mm