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SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

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The Meaning of Sufficiency Economy <br />

International Conference<br />

167<br />

new and growing businesses, and developing tools for measuring environmental and<br />

social impact. The hubs are in much better positions to be able to identify best<br />

practices for both businesses and networks. The national office now has much more<br />

time and resources to develop the materials for the businesses and networks<br />

minimizing any duplication of effort.<br />

Figure 5: BALLE current state <br />

Figure 5: BALLE current state<br />

One thing that is not seen on these charts is the even more extensive social<br />

One thing networks that is of not the seen entrepreneurs on these charts and their is the staffs even and more the impressive extensive social national networks network of to the<br />

entrepreneurs<br />

be found<br />

and their<br />

in the<br />

staffs<br />

BALLE<br />

and the<br />

board<br />

impressive<br />

and staff.<br />

national network to be found in the BALLE board and<br />

staff.<br />

There are numerous advantages of these kinds of social networks. These<br />

There are include numerous fostering advantages collaboration, of these providing kinds of support, social networks. providing mentoring These include and other fostering<br />

collaboration,<br />

educational<br />

providing<br />

opportunities,<br />

support, providing<br />

and opportunities<br />

mentoring<br />

for<br />

and<br />

sharing<br />

other<br />

resources.<br />

educational<br />

It is<br />

opportunities,<br />

important to<br />

and<br />

opportunities for sharing resources. It is important to note that leadership in hierarchical structures<br />

note that leadership in hierarchical structures tends to be controlling while in these<br />

tends to be controlling while in these kinds of networks, leadership is more enabling. By accessing<br />

more information kinds of and networks, knowledge leadership of what is is more actually enabling. happening, By accessing what is working, more information and what is needed, and<br />

leadership knowledge is able to maximize of what creativity is actually and happening, enable change what and is growth. working, and what is needed,<br />

leadership is able to maximize creativity and enable change and growth.<br />

Sustainability<br />

<br />

Sustainability means different things to different people. Sometimes when business people talk about<br />

sustainability they are only referring to the ability of a business to continue indefinitely. In stricter<br />

circles it is more precisely defined. Six generally accepted essential characteristics of sustainability are<br />

discussed below in how they relate to the Sufficiency Economy Philosophy and our research.<br />

Triple top-line value production<br />

Triple top-line (TTL) value production is more commonly referred to as triple bottom-line value<br />

production. This places a premium on creating value not only in financial accounting terms but also in

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