Leadership at your company is looking to expand the metrics it uses to evaluate company performance to include a broader assessment of the triple bottom line. The company currently analyzes financial information such as revenue and profit, as well as external information such as market share. The leadership team has identified several other metrics to include such as levels of employee engagement, loss time due to injury rates, and the effectiveness of health and wellness programs. What recommendation would you make to the leadership team about their scope of evaluation? Select : 1 Save Answer The team should move forward with the expanded approach because it adequately captures the triple bottom line. The team should consider

Save Answer

The team should move forward with the expanded approach because it adequately captures the triple bottom line.

The team should consider including metrics that assess social elements of performance, such as financial contributions to local communities and charities.

The team should consider including metrics that assess economic elements of performance, such as contribution margin, return on sales, and return on equity.

The team should consider including metrics that assess environmental elements of performance, such as percentage of recycled materials used, emissions per unit of production, and energy consumption per unit of production.

The team should move forward with the expanded approach but give more weight to the financial related metrics when evaluating company performance.