Presentation to the MVO Vlaanderen forum in Ghent, Belgium in 2014
Purpose Economy Interview
Appointment as Chair of Sustainable Business
Press Release
Dr Wayne Visser, accomplished writer, speaker and lecturer in the area of corporate responsibility and sustainability and innovation, has joined the University of Pretoria’s Gordon Institute of Business Science (GIBS) as the Transnet Chair of Sustainable Business. The Chair was created with generous funding from Transnet SOC through the Transnet Programme in Sustainable Development (TPSD).
Dr Visser will teach sustainability on the GIBS MBA programme as well as deliver an elective focused on innovation for future fitness. As Chair of the programme, Dr Visser will be dedicated to developing the reach and impact of sustainability-related education and research within the business school.
“It is a great honour to be selected as the first Transnet Chair of Sustainable Business,” says Visser. “I look forward to contributing to the profile and authority of sustainability-related educational activities within the school and the South African business community. My focus for the next year will be on mainstreaming sustainability and encouraging learning from best practice around the world.”
Dr Visser is director of the think tank Kaleidoscope Futures and founder of CSR International, where he consults to and conducts research for organisations like the IFC, World Bank, UNEP, the Wikirate project and GeoWel Research. In addition, Dr Visser is senior associate at the University of Cambridge Programme for Sustainability Leadership and adjunct professor of Sustainable Development at Deakin Business School in Australia. Before obtaining his PhD, he was director of Sustainability Services for KPMG where he established a new consulting and assurance department within KPMG.
Commenting on Dr Visser’s appointment, Professor Nick Binedell, dean of GIBS, said, “Dr Visser brings a dynamic agenda of business scholarship, interdisciplinary and innovative teaching experiences, and expertise in the areas of corporate responsibility and sustainability, all of which enrich and complement GIBS’ mission to significantly improve the competitive performance of individuals and organisations through business education.”
In May 2008, using funding from Transnet, GIBS established its first academic programme in sustainable development: the Transnet Programme in Sustainable Development. According to Claire Thwaits, senior programme manager for the TPSD, the purpose which is to look at collaboration and pressing sustainability issues within business. She says, “GIBS is looking to deepen thought leadership and knowledge around specific issues that are changing the way businesses operate. We are trying to instil in the people who walk through our doors, be they students or delegates, that the economy is interdependent with society and the environment and that sustainability is based on all three of these independent variables. We focus very strongly on leadership and corporate citizenship. Looking at the role business has to play in society is very much a part of our focus area in terms of creating future leaders.”
Dr Visser is the author of 19 books, including “CSR 2.0” (2013), “The Quest for Sustainable Business” (2012), “The Age of Responsibility” (2011), “The World Guide to CSR” (2010) and “The A to Z of Corporate Social Responsibility” (2010). He is a guest columnist for The Guardian newspaper and has delivered more than 250 professional speeches all around the world, with his work taking him to 68 countries in the last 20 years, giving GIBS an important international perspective into the field of sustainable development.
Source: GIBS
Share
Inspiring Leadership
An interview with Wayne Visser by Ledelses TV, looking at inspiring leadership. The interview was conducted at the Who Cares Wins conference in Copenhagen on 16 April 2013.
Inspiring Leadership from Wayne Visser is also on Vimeo.
Share
Adventure (Quote)
Adventure
“There are moments when suddenly our eyes blink open and we recapture the excitement of living. Life becomes an adventure and we, adventurers.” – Wayne Visser
Download
[button size=”small” color=”blue” style=”none” new_window=”true” link=”http://www.waynevisser.com/wp-content/uploads/2014/01/quote_adventure_wvisser1.png”]Download quote[/button]
More quotes
Go to Quotable Quotes Page
Share
Future Fit: Part 1 (Video)
To survive in a volatile world businesses must build in resilience
To survive in a volatile world businesses must build in resilience
Article by Wayne Visser
Part of the Unlocking Change series for The Guardian.
In a changing world it is not the fittest who will survive; it is the most adaptable.
If you have landed on this page wearing your superhero outfit – and I admit, I may be partly to blame – I’m going to have to ask you to remove your mask, cape and tights now. Don’t get me wrong, when the world needs saving and I’m done paying off my mortgage and carrying out the trash, I’ll be the first one to dial-a-superhero. But in the meantime …
You see, the world has this nasty habit of changing without our permission; in fact, without us having so much as poked it in the eye. And so we – as individuals, organisations or whole nations – often find that we are no longer the agents of change, but rather its victims. Change happens! And we are left somewhere between mildly irritated and battling for our very survival.
According to Business Week, the average life expectancy of a Fortune 500 company is between 40 and 50 years. One-third of the Fortune 500 companies in existence in 1970 had vanished by 1983 – acquired, merged, or broken to pieces. Looking across the full spectrum of companies, large and small, the average life of companies may be as low as 12.5 years.
Can we really afford to talk about long-term sustainability, when short-term survival is so hard to achieve? The sobering fact is that we face a future in which saving the world may have to wait, while we save ourselves first. Chances are, we will even have to give up the smooth and swanky practice of sustainability, while we get down and dirty in the trenches of rough, rude resilience.
The bad news is that our silky green spandex outfits are probably not going to survive the trip. The good news is that resilience can be learned and planned for in advance. In a world of increasingly volatile sustainability challenges, there are five strategies for resilience that can dramatically increase our chances of survival when the waves of disruptive change come crashing in. They are to: defend, diversify, decentralise, dematerialise and define.
A defensive strategy can take on many forms, the most obvious of which is to insure against catastrophe, whatever form that may take. This only works if the crash is not systemic, but it is a good start. Other tactics include having a crack-squad of trouble-shooters trained to respond in times of crisis, and building up reserves for the proverbial rainy day, which may turn out to be a tsunami.
A diversification strategy applies to people, products and markets. For example, if you bet your corporate life on being a fossil fuel company, rather than an energy company, or if you are locked into a local market without any global investments, you are highly vulnerable. Likewise, if you hire an army of clones, your lack of diversity will leave you brittle in the face of change.
A decentralisation strategy is based on the same rationale that inspired the Internet. By decentralising information and building in redundancy on local servers, the internet is far less vulnerable to being taken out in a single hit. In the same way, by decentralising operations, infrastructure and solutions – as with decentralised energy for example – we can be better prepared to cope with disruption.
A dematerialisation strategy means moving to an industrial model that reduces dependency on resources. The only viable way to do this in the long term is to shift to renewable energy and to optimise the circular economy. Hence, anything we can do to decouple economic growth from environmental impacts is a step in the direction of greater resilience.
A defining strategy is about giving people a purpose to believe in. Victor Frankl, survivor of four Nazi concentration camps and psychiatric author of Man’s Search for Meaning, gives compelling evidence that our resilience under extreme circumstances often comes down to having an existential belief about something worth living for. Can sustainability offer us this compelling cause?
By pursing these five resilience strategies, individuals, organisations and even countries will be much better placed to endure the creative destruction to come. However, preparing for change is not the same thing as surviving it. Resilience is not a strategy, but an ability – one which is shaped and tempered in the fire of extreme experience.
At its heart, this ability to be resilient is about adapting when everything around us is changing – like an aspen tree. Aspen forests are able to survive frequent avalanches that literally flatten them. The trees survive and spring back up because they have an interconnected network of underground roots and their trunks and branches are highly pliable.
This brings us back full circle to the message of my first article on unlocking change, namely that the secret to transformational change in the world is connectivity – to which we can now add that dexterity is also absolutely critical. After all, Darwin never claimed that the fittest would survive, only the most adaptable.
Download
[button size=”small” color=”blue” style=”download” new_window=”false” link=”http://www.waynevisser.com/wp-content/uploads/2014/01/article_unlocking_change5_wvisser.pdf”]Pdf[/button] To survive in a volatile world businesses must build in resilience (article)
Related websites
[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.waynevisser.com/books/the-quest-for-sustainable-business”]Link[/button] The Quest for Sustainable Business (book)
[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)
Cite this article
Visser, W. (2013) To survive in a volatile world businesses must build in resilience. The Guardian, 28 October 2013.