In creating sustainable and continuous cycles of growth, our enterprises must see themselves as part of a greater whole.
As transparency increases and the global population stands firmly and united in their demands to promote a just and green economy. In December of 2019, ICSB provided a message to its entrepreneurship community, indicating the foreseeable “End of the Status Quo.” ICSB was expecting the need for a great upheaval of our past societal structure to meet the needs of an advancing world.
With the growing demand for employment opportunities, attention to global health trends, and humanitarian justice, we can no longer ignore how our status quo has failed us. At the turn of the decade, we understood a need for change, and, now, almost 9 months into this Decade of Action (United Nations), it seems complicated to imagine how we managed to exist within that ancient platform.
Embracing a New Paradigm
Welcoming in this new paradigm, brought on by the need for change and subsequent crises that forced that change, we might find it challenging to articulate precisely where we are. Without ignoring the struggles and challenges presented by the current status of our global community, ICSB would like to participate with the new and exciting changes, unearthed by the recent crises, which can no longer be ignored.
From significant alterations in education systems and the digitization of the entire world to discussions around a universal basic income, we can choose to capture the opportunities from these events.
Four Guiding Themes
ICSB considers four guiding themes that will push us forward into the future:
* Forgiveness: Admitting missteps regarding employment policies and environmental exploitation to transition toward more virtuous practices.
* Frugal Innovation: Creating solutions for more people without utilizing additional resources.
* Humane Entrepreneurship (HumEnt): Focusing on the human person as well as our shared environment to create quality employment and sustainable wealth.
* Resiliency: Developing the capacity to withstand and thrive in the face of crisis.
As transparency increases, ICSB sees smaller entrepreneurial units as key players in these transitions. Micro, small, and medium-sized enterprises (MSMEs) have an incredible capacity to incorporate these strategies and themes into their structural DNA to promote an equitable future for all.