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Time For A Mindset Shift

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Time For A Mindset Shift
Type: Report
Year: 2021
Language: English
Profound systems transformation will not be brought about by sticking to our existing ideas and priorities

A number of our current mindsets stand in the way of the transformations that are required to realize a world in which 9+ billion people can live well, within planetary boundaries. Over the next decade we need to unlock change in a way – and at a rate – that has so far eluded us.

It is not enough to know what needs to be done. We need to accept that radical shifts in all parts of society will be required, including business.

Critically, the required transformations will depend on three shifts in strategic business mindsets: reinventing capitalism to reward true value creation, not value extraction; building long-term resilience; and taking a regenerative approach to business sustainability.

Business mindsets in these three areas will guide the way in which decisions are made over the next decade – they are foundational to the transitions and actions required across our Vision 2050 transformation pathways. Ultimately, these mindsets are critical to long-term business success.