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Working towards the weconomy
1. Tempo HEI
Swedbank Conference
Vilnius (D)
25.04.13
Prof. Dr. Jan Jonker
Nijmegen School of Management
Radboud University Nijmegen
The Netherlands
WORKING TOWARDS THE WECONOMY
Sustainable Development as part of our
Business Models
We live in Exciting Times
Change – Transformation – Transition
Have become the key-words of our society
Welcome
Bob Dylan Got it Right …
2. Societal “Bubble Bursts”
At the beginning of this 21st Century we have encountered five
“crises” … (so far …).
[1] Safety
[2] Trust
[3] Commodities
[4] Money
[5] Governance
Welcome to the “Risk Society”. …
Entangled Debates:
(CSR – SD – SR – CE etc.)
(a) Global Warming: temperature and its long term effects;
(b) Poverty: balance in access and distribution to basic values (food, education,
technology);
(c) Depletion: speed use of natural sources (oil, water, iron);
(d) Management (profit): governance, social contribution, responsibility;
(e) Institutions: governance, distribution of power and wealth, democracy
Any of these (often loosely coupled) global debates can be focused on either
the business enterprise, consumers, governments or other stakeholders.
7. Living in an organised society
Role of Business?
“The debates address political and social
issues that exceed the mandate and
capabilities of any corporation, alone. At the
same time, in the present global political and
societal ‘landscape’, corporations are the only
institutions with the resources, the
technology, the global reach and ultimately
the motivation to achieve SD through CSR.”
Taken from: Stuart Hart, in: Elkington, J. (1999). Cannibals with
Forks. Oxford (UK): Capstone Publishing
8. Value Creation
People Planet Profit (PPP)
Elkington (1998)
Organisations: Red, Green or Blue
organisational
gain
environmental
gain
soc-env
gain
closed ‘systems’
shareholders
eco-efficiency
control-management
single value creation
compliance
industrial ecology
stakeholders
eco-efficacity
risk-management
multiple value creation
reduction
‘Hub’s, COP’s & networks
Constituents
eco-innovation
community-management
shared value creation
co-creation
Conventional
organisation
Environmental
organisation
Societal
organisation
11. The Bottom-line Questions
How can we organize sustainability
Landscape of ‘wicked questions’:
(1) Changing nature value creation
(2) New strategic choices
(3) Exploring new business models.
Generic Business Model
Adopted from Ostenwalder, A. (2004). The Business Model Ontology’
PhD manuscript, free downloadable at www.hec.unil.ch
12. Changing the way we organise:
value creation …instead of destruction
Organising sustainability implies to create multiple values (MVC)
This can only be organised and shared in a collective way.
Copyright Keith Haring
Three notions of Value Creation
13. Emerging Strategies for Sustainability
Boundaries are blurred!
PLANET
Eco - efficiency
Eco – efficacity
Eco – innovation
PEOPLE
Community building
Cooperatives
Social Entrepreneurship
Peer to Peer Business
Describing and exploring these strategies will be the subject of a 2014/2015
Working Paper (?) entitled “Creating the WEconomy: Strategizing Multiple,
Collective and Shared Value-creation”
PROFIT
Bottom of the Pyramid (BOP)
Micro-credit
Crowd-funding
Community-investment
14. Value creation:
five elements
Jonker (2012) based on Shafer et al. 2005 & Simanis en Hart
2011
Business
Intimacy:
Trust
Characteristics NBM’s
1.Principle of shared value creation
2.Collective organising (organisational ecology)
3.Money not only medium of exchange
4.Focused on use and needs – not on property
5.From ownership to access
6.Long term commitment (governance)
7.Contribution to the WEconomy (circular economy)
15. The Pyramid and the Pancake
4 types of business models
Organising
horizontally
Organising
Vertically
The WEconomy is ...
Creating together value that is of value
New
Business
Models
16. Trends
(careful)
• Making progress towards a ‘new’ economy
• From organising SD IN towards BETWEEN organisations
• From ‘buying’ toward collective organising (coöperative)
• From global to local/regional connected with networks
• Van ‘cost’ to ‘profit’ ... based on an array of value’s
Closure
Did Kermit got it right?
Thank you for your attention
Welcome to the WEconomy
17. Contact
Professor Dr. Jan Jonker
Professor Corporate Sustainability, research fellow and
consultant
Nijmegen School of Management, Radboud University
Nijmegen, PO BOX 9108, 6500 HK Nijmegen, The
Netherlands
(em) janjonker@mobile.me (or) j.jonker@fm.ru.nl
LinkedIn: see public profile. Standing invitation to
connect through janjonker@wxs.nl