Let’s talk about something important that happened at the end of last year. In November 2024, a significant step forward was taken for organizations committed to sustainability and responsible practices with the publication of IWA 48:2024, Framework for Implementing Environmental, Social, and Governance (ESG) Principles.
In the ever-changing business, leadership, and decision-making landscape, principles are the bedrock upon which successful organizations are built. While rules and guidelines offer specific directions, principles provide a broader framework, guiding decision-makers through complex situations where rigid rules might not apply. This article will explore why principles are crucial for effective leadership, organizational success, and long-term growth.