The challenges of transitions towards a more sustainable business v1.3
•
0 gostou•505 visualizações
Introducing The Holistic Regenerative Innovative Value Enterprise (THRIVE) framework Morris Dino Fedeli, USQ, Australia, email: morris@fedeli.nu web: http://www.strive2thrive.earth
![What is THRIVE?
THRIVE is The Holistic Regenerative Innovative Value Enterprise framework:
• Holistic as it takes a top-level systems-wide approach
• Regenerative as the aim is for long-term flourishing of enterprises
• Innovative as it examine innovations at the BM-level for strong sustainability
• Value as it employs a multi-capital values-based approach
• And insofar as enterprises are concerned, it includes all: small to large, for-profit
as well as non-profit, private or public
Enterprises need to Strive to Thrive on Earth for their longevity
• THRIVE framework (brings together the underlying known concepts),
• THRIVE platform (integrates into a robust model) and
• Sustainability Performance Scorecard (SPS) (artifact, instantiation that tests
the model)
http://strive2thrive.earth [1]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recomendados
Recomendados
Mais conteúdo relacionado
Mais procurados
Mais procurados (8)
Semelhante a The challenges of transitions towards a more sustainable business v1.3
Semelhante a The challenges of transitions towards a more sustainable business v1.3 (20)
Último
Último (20)
The challenges of transitions towards a more sustainable business v1.3
- 1. The challenges of transitions towards a more sustainable business Introducing The Holistic Regenerative Innovative Value Enterprise (THRIVE) framework Morris Dino Fedeli, USQ, Australia, email: morris@fedeli.nu web: http://www.strive2thrive.earth
- 2. What is THRIVE? THRIVE is The Holistic Regenerative Innovative Value Enterprise framework: • Holistic as it takes a top-level systems-wide approach • Regenerative as the aim is for long-term flourishing of enterprises • Innovative as it examine innovations at the BM-level for strong sustainability • Value as it employs a multi-capital values-based approach • And insofar as enterprises are concerned, it includes all: small to large, for-profit as well as non-profit, private or public Enterprises need to Strive to Thrive on Earth for their longevity • THRIVE framework (brings together the underlying known concepts), • THRIVE platform (integrates into a robust model) and • Sustainability Performance Scorecard (SPS) (artifact, instantiation that tests the model) http://strive2thrive.earth [1]
- 3. Research Question • Mainstream sustainability as a long-term corporate strategy and as a common practice (Ioannou & Serafeim 2019); Sustainability risks are assessed as business risks (WBCSD) • It is said that [weakly] sustainable business models hold the key to transitions and to implementing Business Model Innovation for Sustainability (Schaltegger et al. 2016) • Are we measuring what matters most? • Reports lack Context Based Sustainability (CBS) (McElroy 2013) or use of self- referential indicators (Haffar & Searcy 2018) • How do we determine which business models are more successful than others? • From an ecological economist risk minimization perspective (Redclift 1998), the THRIVE platform rank corporate sustainability performance alongside the business strategy or business model http://strive2thrive.earth [2]
- 4. Methodology: SDSR • Interdisciplinary and Transformative study approach (Brocke & Seidel 2012; Tobi & Kampen 2018; Mertens 2007) • Systemic Design Science Research (SDSR) (Jones & Kijima 2018; Upward 2013) Design Science Research (Gregor & Hevner 2013) methodology • Systems Thinking (Ackoff 1971) and Strong Sustainability stance (Precautionary principle) (Neumayer 2013) • Unit of analysis is the business model (Teece 2010; Evans et al. 2017) • Strongly Sustainable Business Model Ontology (Upward & Jones 2016) • Business Management as a Design Science (Aken 2004; March & Vogus 2010) • Usefulness of artifact is determined by fitness-utility (Gill & Hevner 2013) http://strive2thrive.earth [3]
- 5. Research Design • Prescriptive knowledge Λ - Future Phenomenon under investigation (Winter & Aier 2016; March & Vogus 2010; Simon 1969) • Descriptive knowledge Ω - Illustrated by case studies (Gregor & Hevner 2013) • Kernel theory based on first principles Ω (Gregor & Jones 2007) http://strive2thrive.earth [4] RELEVANCE CYCLE RIGOUR CYCLE
- 6. THRIVE framework • THRIVE framework provides methodological transparency and universal tools • Sustainability Performance Card (SPS) dashboard, tabular and graphical form • Standardized metrics and uniform units of measure (GIIN IRIS+ 2019) • Numerator performance data is derived from publicly published integrated corporate sustainability reports (e.g., Global Reporting Initiative Corporate Sustainability Reports, Carbon Disclosure Project database) • Denominator threshold and allocation data (Szekely & Vom Brocke 2017) is sourced from global footprint initiatives (e.g: GFN) and notable international agencies (e.g., GFW, WRI, UNGC within context based on GTAC) • Harmonization (and normalization) into a single Index (WBA 2017; Huang et al. 2015; Haffar & Searcy 2018) • Weights (SPS dashboard levers & controls) to simulate effects due to changes (Sironen et al. 2014) http://strive2thrive.earth [5]
- 8. Use Cases • The platform and associated Sustainability Performance Scorecard and Ciambella visualizations are designed to provoke transformative change by • encouraging enterprises to do good to do well in pursuing a competitive advantage • providing business analysts with tools to guide enterprise strategies • assisting researchers to analyze trends and effectiveness of business models for sustainability • allowing governments to forecast the effects of regulatory or legislative actions • empowering individuals to actively stimulate competition among enterprises …for greater global shared value creation (Kolk et al. 2017) and collaborative peaceful partnerships for people, planet, profit with purpose and prosperity. http://strive2thrive.earth [7]
- 9. Contribution • THRIVE framework is a universal unbiased top-down approach (external) providing a just comparative framework. • The framework is a robust first-step approach contributing to theory, methodology and empirically with practical business tools (Gregor & Hevner 2013). • The Sustainability Performance Scorecard (SPS) is methodologically transparent and agnostic and thus useful in its application. • The intended utility comes from consistency in assessment, ability to forecast trends, choice of formula engine and to conduct what-if analysis for backcasting purposes (Robèrt 2009). • Evaluation of the framework shifts focus from mandatory statutory disclosure (WBCSD 2017) (compliance) to purposeful voluntary exposure (advocation). http://strive2thrive.earth [8]
- 10. Future Research • Effort will need to be made to improve reliability of results as these are only as accurate as the source dataset. • Next leap forward is towards dynamic real-time Integrated Report Generation Tools (IRTG) (Eccles & Krzus 2018) incorporating machine learning algorithms. • This is a first-step, still needing refinement to formulas, and thus we welcome feedback and encourage expert participation (Delphi study). • Please visit http://strive2thrive.earth for more information and to register your interest. http://strive2thrive.earth [9]
- 11. THRIVE Platform Place Your Picture Here And Send To Back Sustainability Performance Scorecard THRIVE Sustainability Performance Scorecard is a tool which allows enterprises to identify their performance relative to their peers. It allows consumers to evaluate which enterprises perform best. Through the SPS Dashboard, engine weights and controls may be manipulated and resulting effects visualized in ciambella charts. For more information visit http://strive2thrive.earth Contextualized Supports global thresholds, ceilings and floors, and allocations. Reports Report dissections include by material topic, enterprise, region, industry or year-on-year. Integrated Integrates with public corporate sustainability reports, CDP reports and GFN databases. Charts Instant visuals dissected by chosen category displayed in Ciambella Charts. Place Your Picture Here
- 12. Thank You Introducing THRIVE framework Morris Dino Fedeli, USQ, Australia, morris@fedeli.nu http://www.strive2thrive.earth
- 13. Section Break Introducing THRIVE framework
- 14. http://strive2thrive.earth [13] Ciambella Chart (GRI 10)
- 15. Ciambella Chart (SDG 17) http://strive2thrive.earth [14]
- 16. Ciambella Chart (GRI 6) http://strive2thrive.earth [15]
- 18. Linear to Circular Economy (CE) (Geissdoerfer et al. 2017)Multi- capital (McElroy & Thomas 2015) Values- based (Breuer et al. 2017; Schaltegger et al. 2015) Strong vs weak sustainability/ Greenwashin g (Upward & Jones 2016; Najam et al. 2000) Context- based sustainability (McElroy & Thomas 2015; Eccles 2018) Scientific evidence- based data/ Congruent units (Lydenberg et al. 2010) Integrated reporting (<IR>)/Tri- impact (Eccles et al. 2018) Materiality (UNEP 2015; Eccles 2012; Lai et al. 2017) Boundary/Unit of Analysis (Schaltegger at al. 2012; UNEP 2017; Evans et al. 2017) Complex wicked problems (Breuer & Ludeke-Freund 2017) Finite resources (Rockstrom 2009, Steffen et al. 2015) Trans- disciplinary (Ludeke- Freund 2016) Focus Factors
- 20. Section Break Introducing THRIVE framework
Notas do Editor
- (1m)The American Sociological Association reports that 50% of business fail in the first five years due to poor business strategy. Six years ago I set out to find out how business can do good to do well. How does their strategy or business model lead to successful sustainable success. My name is Morris D Fedeli from USQ, Australia. I am a serial entrepreneur turned academic based in Asia. Building on my original exposay last year at NBM conference in Sofia, today I wish to provide an overview of my new THRIVE project which aids enterprises that strive to thrive through the assessment of the strong sustainability of their BM and thus providing a tool which aids them in addressing the challenges of transitions towards a more sustainable business model. &lt;number&gt;
- (1m)THRIVE is The Holistic Regenerative Innovative Value Enterprise framework. Holistic as it take a top-level systems-wide approach Regenerative as the aim is for long-term flourishing of enterprises Innovative as it examines innovations at the BM-level for strong sustainability Value as it employs a multi-capital values-based approach And insofar as enterprises are concerned, it includes all (as for a truly sustainable society we require all enterprises to be strongly sustainable): small to large, for-profit as well as non-profit, private or public And THEREFORE [Enterprise will need to strive to thrive on earth] for a truly sustainable future Shortly I will talk a little about the CONCEPTUAL THRIVE framework, the platform and the strongly sustainable sustainability performance scorecard or SPS tool (NOTE: whenever referring to sustainability in my talk I will mean Strongly Sustainable) At the end you will be offered the opportunity to participate and ask questions &lt;number&gt;
- (1.5m) The need to embed CSP within the fabric of enterprises, i.e.[Mainstream sustainability as a long-term corporate strategy and as a common practice (Ioannu & Serafeim)] is necessary for enterprise to thrive at speed, scale and scope unseen before Indeed innovation is key to transformation whereby sustainability risks are assessed as business risks (WBCSD) [It is said that SBMs hold the key to transitions and to implementing BMIfS (Schaltegger)] In the words of (Peter Drucker), one cannot manage what they do not measureHOWEVER, I ask [Are we measuring what matters most?] i.e within context relative to science-based targets and across multiple capitals? Most often sustainability reports fail to address content within context (CBS) and/or are plagued with self-referential indicators (and thus open to greenwashing) or ignore the science-based targets [How do we determine which business models are more successful and strongly sustainable than others?] From an ecological economist risk minimization perspective (Redclift 1998), operating at the meso scale (which is at the interface between enterprise and society), this study CONCEPTUALLY develops The Holistic Regenerative Innovative Value Enterprise (or henceforth THRIVE) framework; providing the basis for developing tools which openly rank corporate sustainability performance alongside the business strategy or business model &lt;number&gt;
- (1m) First a few points to note about the methodology used in this CONCEPTUAL study… Which aligns closely with Action Research in the descriptive sciences [REFER TO SLIDE] *** MY STUDY *** Takes a [Inter…] Informed by [SDSR & DSR] Premised on [ST & SS] i.e. Invoking… UOA… Engaging [SSBMO] Treating Business Management as {DS] Usefulness &lt;number&gt;
- (1m)Recognizing that there is no sustainable business in an unsustainable world. Descriptive: Gregor & Hevner on the various steps for constructing models, methods and instantiations Gregor & Jones articulate how to build new theory based on first principles or kernel theories Prescriptive side: Hence, we look to Herbert Simon who in the science of the artificial, sees design science describing how things ought to be ….and Winter & Aier who point out that business management is a design science skip to here to save time This study is a first attempt at producing/developing a nascent design theory-knowledge Level 2 artifact aiding enterprises to transition towards sustainability. Study produces (3 outcomes) consisting of: THRIVE framework, THRIVE platform, Sustainability Performance Scorecard (SPS) takes an agnostic holistic universal viewpoint underscored by a strong sustainability stance based on first principles THUS providing a meaningful basis of comparisons among enterprises (which is a measure of utility) &lt;number&gt;
- (2m)Achieving these meaningful comparisons requires methodological transparency and universal tools – Enter the THRIVE framework and the online THRIVE Platform and SPS tool, providing the basis for such analysis and addressing all 12 critical ‘focus factors’ identified during the literature review (if you like to know more about these focus factors then ask me at end). The SPS tool allows enterprises to see their performance in tabular and graphical form. The service is technically nuanced such that reports can be extracted with granular precision by MT (GRI, SDGs); Enterprise, Sector, or Worldwide or on a Longitudinal basis as in year-on-year. Example: Consider all 36 or subset thereof MT of the GRI or 17 SDGs and 169 targets, categorized by 45 BMs within 11 groups based on FLF study. [The use of standardized metrics provides data clarity and comparability together with uniform units of measure (GIIN IRIS+ 2019) ensuring fair comparison (or as I like to say, it is UNLIKE comparing Apples with Windows)] [REFER TO SLIDE] skip for time being Numerator Denominator Harmonization THRIVE SPS dashboard provides for the manipulation of engine weights and controls, allowing assessment of performance and forecasted effects of changes to be visualized. Weights may also be used to drive strong sustainability. &lt;number&gt;
- (1m)Lets, look at an example of the THRIVE SPS Tool and Ciambella Chart visualizations of strongly sustainable corporate performance. Just to be clear, CC are not donuts. THRIVE does build on the best available science incorporating concepts such as sustainability quotient, multi-capital scorecard, thresholds and allocations. It is values-based, adopting science-based targets, incorporating donut economics and BM taxonomies. In the near future, this service could be expanded to support interactive real-time reporting (more on that later) &lt;number&gt;
- (1m) [REFER TO SLIDE] &lt;number&gt;
- (1m)[THRIVE framework is a universal unbiased top-down, rather than bottom-up approach to CSP i.e. externally-governed rather than internally-motivated] providing a just comparative framework. [Its universal technically nuanced perspective represents a robust first-step approach contributing to theory, methodology and empirically with practical business tools] [Unlike other solutions, THRIVE SPS is methodologically transparent and agnostic] [Utility comes from…consistency in assessment, ability to forecast trends, choice of formula engine and to conduct what-if analysis for backcasting purposes] [Evaluation of the framework…shifts focus from mandatory statutory disclosure (compliance) to purposeful voluntary exposure (advocation)] [REFER TO SLIDE] &lt;number&gt;
- (1m)Thus this study serves to bridge this gap from compliance to advocation by contributing to the framework and toolsets necessary to inform CSP comparisons. [REFER TO SLIDE] Long term vision… better source data and IRTG Near term (coming months): this is a first-step needing refinement as we seek…. &lt;number&gt;
- Examples of SPS in the future &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;
- &lt;number&gt;