 | June 29, 2009 |  |  | | | | THIS ISSUE'S SPONSOR
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Taking Care of Business
By Joel Makower
The watchwords this week seem to be "efficiency," "productivity," and "stimulus."
Not that the three necessarily go hand in hand; there is little indication that President Obama's economic stimulus efforts are enhancing productivity and profits at the company level. But the presence of several stories on these topics this week provide a glimpse into the Zeitgeist of business and the environment.
The fact that many companies are focused like a laser on productivity and efficiency is not surprising, given the perilous state of the economy. What's encouraging is how much companies are (finally!) tapping their energy and resource use as a font of efficiency gains. Healthcare giant Baxter reported last week that water conservation, energy efficiency, green building projects and other eco-friendly initiatives yielded nearly $12 million in environmental income, savings and cost avoidance last year, helping to ensure the company's health. Meanwhile, Cisco reported that telecommuting has saved the company $277 million by allowing employees to telework. (Of course, Cisco sells technology used by telecommuters. Not to discount its impressive experience, but can any company not selling such equipment cite similarly impressive savings? I'd love to know.)
And then there's the economic stimulus, about which Marc Gunther reports on a web-based tool to track how the $787 billion in federal government largesse is being spent. The website is a private-sector effort that, Gunther reports, is doing a better job than the government itself in keeping us apprised of where all that money is going.
Of course, it's not just the U.S. ... Read More
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Free ecomug with your company/club logo and your name when you purchase a 20 oz. stainless steel eco water bottle. SAVE $15.95 this week. Keep your logo out of the trash. Click here for more information. | | GreenBiz Radio |  Tracking the Stimulus Spending with Recovery.org
By Marc Gunther
| | GreenBiz.com's senior writer Marc Gunther speaks with Eric Gillespie, the CIO of Onvia about how his firm's website, Recovery.org, is helping companies track federal stimulus spending -- and get a slice of the pie.... Listen
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