Our Guest Mentor:
COLIN K BANNING is Innovation, Entrepreneurship & Sustainability Expert with over 10 years of experience in Business Development, Outsourcing, Transition and Transformation, Process Improvement gained his time with Coca-Cola Enterprises, Cap Gemini & Xerox. Colin is currently CEO at TGB Consulting and ProTalento Guatemala. He is a Board Member for the Guatemalan Exporters Association and Consultant for the United Nations Conference on Trade and Development.
A graduate of Business Administration and an MIT Bootcamps Alumni, while Colin is based out of Guatemala City, Guatemala.
Key Quotes From the Episode:
[On the importance of sustainability in GTM strategy] “Yes, I need to be profitable, but at the same time, I cannot be profitable at the expense of the environment that provides me a lot of the raw materials I use in my business, or with the communities and the society, that will be either my providers, my vendors, or my clients.”[05:23]
[On reaction from SME business partner to ESG reporting] “Being sustainable is really nice, but it’s too expensive.” [08:20]
“[On importance of understanding our impact] I think, there will be no business opportunities in the next 15, 20 years if we don’t dramatically change the way that we the business today” [30:30]
(Other resources and how to connect with Colin below).
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Key Points From the Episode:
– What going “Beyond the spreadsheet” means for the triple bottom line
– Based on his work with the UN, where we can start facilitating better adoption of corporate reporting and culture around ESG objectives and SDGs
– How to get SMEs involved in the process of what is seen as “expensive” sustainable reporting
– The importance of cross-functional collaboration and perspectives to improving reporting capabilities and cultures and gaining “exposure opportunities.”
Stamped Show Notes
[03:24] – Colin shares his career journey from Coca-Cola enterprises where he was in charge of the corporate collections management team, SOX auditing and more latterly his work as a consultant and with the United Nations investigating how to incorporate environmental, social and governance information, locally.
[05:20] – Based on his work with the UN, where we can start facilitating better adoption of corporate reporting and culture around ESG objectives and SDGs.
[08:03] – How to get SMEs involved in the process of what is seen as “expensive” sustainable reporting.
[12:25] – Why a lack of understanding from the business owner is slowing adoption of sustainability–based decision-making and where accountants and finance professionals can help.
[15:15] – What going “Beyond the spreadsheet” means for the triple bottom line.
[19:42] – The importance of cross-functional collaboration and perspectives to improving reporting capabilities and cultures and gaining “exposure opportunities.”
[23:12] – A story when Colin was an ops guy and the importance of his controller ability to blending other functions.
[24:29] – Best advice that Colin shared to the audience
[26:45] – Colin recommends some resources around sustainable development
[29:15] – Best way to connect with Colin
[30:00] – Colin’s parting thoughts on embracing the process
Website:UN SDG Guides
Connect with today’s guest: