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Unlike the traditional linear 'value chain' model which follows a "take-make-dispose" pattern, the circular economy approach aims to minimise the 'take and dispose' elements. It does this by focusing on creating closed-loop systems where products, materials, and resources are reused, refurbished, or recycled to extend their lifecycles. The goal...
Read MoreA sense of purpose is a crucial element of the well-being of any individual. Similarly, a sense of purpose can be a crucial aspect of any company’s culture and health. We like to think of a company’s purpose as being something much bigger than the company itself, something the company maybe couldn't achieve alone, something that they would...
Read MoreTo be fair, while some companies (certain large corporations for example) may have a deliberate approach to greenwashing (disinformation), many other companies may genuinely want to make a positive contribution to the environment and society, and yet get caught up in felt need to use 'green' jargon, or they may themselves be making assumptions...
Read MoreMost businesses do not have ESG reporting requirements; but there is increasing societal expectation that businesses will do the ‘right thing’. Considering the environmental aspect of ESG, as the impact of climate change becomes more felt and real to larger proportions of the population (rather than abstract and something people elsewhere...
Read MoreEach of these is in itself a massive area; it's no wonder that we try to break it down into manageable chunks. But these 3 elements are actually inseparable. They form 3 key components of an ecological 'complex system'; achieving and maintaining balance is the goal, and sustainability is the outcome. For example, profit can be (and has been)...
Read MorePlanet, People & Profit (sometimes considered as Prosperity) is also an increasingly well-known acronym. ESG and PPP map onto each other (Environment – Planet, Social – People, Governance – Prosperity). They are not just 3 random elements that have been cobbled together; ESG and PPP both have origins in the field of ecological systems, where...
Read MoreWe explore the idea that the box is actually your survival map of the world as you have come to understand it - it's there to keep you safe. It's also partially defined by your expertise; very clever people have BIG boxes - they are still boxes - and you use that expertise to recognise situations or problems and come up with solutions. This...
Read MoreThose elephants just sneak into the room with you, hide in plain sight whilst tucked away in corners, and cause havoc with your company’s performance. If only we could do something about that. Humans have an amazing ability to see and notice things that are different or changing, but we are generally less good at seeing things that don't...
Read MoreWe often have a strategy for this and a strategy for that - and we have strategic plans etc. Having quantized approaches to achieving goals can work well, especially when you know where you are and you well understand the nature of the system around you. However, when we are running businesses, with bigger, fuzzier and further out goals and much...
Read MoreAnyone remember VUCA? It’s an acronym that stands for Volatility, Uncertainty, Complexity and Ambiguity. I’ve used VUCA as a strategic planning tool when trying to understand what was going on around me and so increase the chances of coming to an optimal course of action. As a concept, it was first described by the leadership guru Warren Bennis...
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