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Welcome to the next installment of the MBA Series, in which we review the arc of the learning journey that is presented in the Next Economy MBA online course. We have open-sourced the content of our course and we’re sharing it in a more bite-sized format to continue our efforts to redesign business for the benefit of all life, not just a select few.
In our previous episode, we shared the first five principles of our framework for a better future.
Today, we cover principles six through 10 and highlight some important examples of organizations and enterprises that are leading the way when it comes to true transformative systems change.
We have developed these core principles over the course of a decade of working with hundreds of social enterprises, nonprofits, and other organizations to help guide the emergent next economy that we are co-creating. These principles are tools that can guide business owners in their decision-making and help design organizational efforts to contribute to the growth of a solidarity economy.
To learn more about how to move away from a culture of domination and become part of a cohort of emerging leaders in an equitable, inclusive, and regenerative economy, you won’t want to miss today’s aspirational episode of the MBA Series!
Key Points From Principles of the Next Economy part 2:
Deploying and scaling key humanitarian solutions through open-source replication. [0:04:03]
Why transparency about the state of your organization is critical. [0:12:34]
Implementing regenerative practices into your business operations. [0:18:24]
How to support movement building for broader systems change. [0:29:30]
Building equitable enterprises that support personal growth and development. [0:35:09]
Debunking common criticisms of the cooperative model. [0:42:23]
A reminder of the importance of patience, self-compassion, and collaboration. [0:44:08]
“[Open source replication] runs counter to this idea of concentrating power and authority at the top of a long corporate decision chain.” — @sd_berry [0:12:02]
“Even if your enterprise or organization has not been able to implement every single thing on the laundry list of perfect execution of Next Economy values or principles, transparency about where you’re at, about the state of the organization [or] entity is critical.” — @ErinAxelrod [0:12:52]
“What about a business that causes an increase in biodiversity? That stimulates a flourishing of natural systems and life and clean water and fresh air? It’s actually possible.” — @sd_berry [0:19:10]
“How do we utilize operating models and financial vehicles as a mechanism to build power?” — @ErinAxelrod [0:29:46]
“Instead of thinking, ‘What can we extract from people?’, [we need to think], ‘How do we develop people? How do we invest in people as our core resource and even our core purpose for existing?’” — @sd_berry [0:36:22]
Links Mentioned in Principles of the Next Economy part 2:
Precious Plastic — https://preciousplastic.com/
Patagonia — https://www.patagonia.com/
Purpose Foundation — https://purpose-economy.org/
SOIL Haiti — https://www.oursoil.org/
Recompose — https://recompose.life/
Participatory Budgeting Project — https://www.participatorybudgeting.org/
East Bay Permanent Real Estate Cooperative — https://ebprec.org/
Erin Axelrod on LinkedIn — https://www.linkedin.com/in/erinaxelrod/
Erin Axelrod on Twitter — https://twitter.com/ErinAxelrod
Shawn Berry on LinkedIn — https://www.linkedin.com/in/sdberry/
Shawn Berry on Twitter — https://twitter.com/sd_berry
LIFT Economy Newsletter
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Next Economy MBA
This episode is brought to you by the Next Economy MBA.
What would a business education look like if it was completely redesigned for the benefit of all life? This is why the team at LIFT Economy created the Next Economy MBA (https://lifteconomy.com/mba).
The Next Economy MBA is a nine-month online course for folks who want to learn key business fundamentals (e.g., vision, culture, strategy, and operations) from an equitable, inclusive, and regenerative perspective.
Join the growing network of 350+ alumni who have been exposed to new solutions, learned essential business skills, and joined a lifelong peer group that is catalyzing a global shift towards an economy that works for all life.
Learn more at https://lifteconomy.com/mba.
Show Notes + Other Links
For detailed show notes and interviews with past guests, please visit https://lifteconomy.com/podcast.
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Music by Chris Zabriskie: https://chriszabriskie.com/