What does it mean to be a corporate steward? The concept brings to mind a company that implements eco-friendly policies, or is involved in charitable giving. Both of these are good examples of corporate stewardship. But being a corporate steward must be more than simply changing policies or giving away resources. At the core of concept, corporate stewardship is the smart allocation of resources. The first priority is to build a profitable, dynamic business, and then to allocate resources to help build a thriving, sustainable community. In other words, corporate stewardship begins with internal policies and procedures. Wherever resources are allocated, stewardship can be practiced. An excellent example of smart corporate stewardship is a process called IT asset recovery.
How IT Asset Recovery Enables You to be a Corporate Steward
Every IT department must manage surplus hardware at one time or another. To be a smart corporate steward of those end-of-life IT assets, the goal is to improve profitability and maximize efficiency. A typical approach to managing surplus hardware is to have it recycled. But often times, the hardware that is sent to be recycled still has recoverable value. Rather than recycling functional IT assets, the smarter strategy is to partner with an IT asset recovery company to recoup funds from the functional equipment. This not only increases business efficiency by removing unnecessary equipment, it also generates a new revenue stream. With a simple change from recycling to IT asset recovery, your IT department can be a better steward of IT resources.
The opportunity to be a corporate steward through IT asset recovery does not end there. Partnering with an IT asset recovery company enables you and your stakeholders to mitigate the environmental impact of your business activities. The foundation of IT asset recovery is a model of refurbishment and reuse. Refurbishing IT equipment requires less natural resources than are required to manufacture new equipment. In addition, it takes less energy and fossil fuels to refurbish equipment than it does to recycle it. IT asset recovery is the best option for your company to maintain the smallest carbon footprint when managing your surplus IT hardware.