The ESG generation will collaborate on mutually beneficial ways of re-creating the business ecosystem in a more just and humane image.
If you ask the average entrepreneur what lessons or skills they have learned and developed over the past year, there is one answer that comes up again and again—ZOOM (a.k.a. flexibility.) There is no flexibility in the modern business world without a digital presence.
Equity is something we talk about in the business and entrepreneurship worlds. Despite this focus, discussions around equity have primarily remained just that — discussions. We have failed to prioritize the action that makes too long equity possible.
Empathy and connection are the foundations of our human experience as they are and will continue to be even more so as the foundations of our entrepreneurial experiences.
There is essentially no framework, which we can construct, that can truly describe a “framework” for ecosystems because an ecosystem’s success is typically based on its ability to capture the least common denominators of a community, or the groups typically left out of the discussion.
In declaring an end to the status quo, we are simultaneously admitting and choosing to move towards sustainability, human-focused efforts, and ecological endeavors that uplift the human-Earth symbiotic relationship. In our efforts to seek sustainable efforts and to foster sustainable practices within and throughout entrepreneurship, we must first define the term, so that we can more greatly embody its cyclical, caring, and forward-focused nature.
“Until philosophers are kings, or the kings and princes of this world have the spirit and power of philosophy… cities will never have rest from their evils — no, nor the human race as I believe…” (Plato)
In guiding our actions towards Humane Entrepreneurship, we can be an organization that does not only preach about Humane Entrepreneurship but one that also practices it.
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.
Altering Perspectives with Humane Entrepreneurship
In the introduction to our paper, “Humane Entrepreneurship: How Focusing on People Can Drive a New Era of Wealth and Quality Job Creation in a Sustainable World,” Dr. Ki-Chan Kim, Dr. Song-Tae Bae and I posed the question, “Where — exactly — is the wealth of nations?”