The Sphere Economy: A Paradigm Shift from circular economics towards Sustainable Viability
Introduction:
In the words of Russell Ackoff, “The righter we do the wrong thing, the wronger we become.” This sentiment holds true for traditional managerial practices, particularly the central planning model, which has been a pervasive but flawed approach. Acknowledging this flaw, Sustainable Viability introduces a transformative concept – the Sphere Economy. A move from circular economic 2D thinking to our 3D new sphere economic model.
The Sphere Economy Essence:
The Sphere Economy is built upon the application of systems thinking, a dynamic approach that adapts to circumstances and organisational needs. It challenges the conventional hierarchical model and emphasises the integration of design processes to achieve comprehensive sustainable viability. While mastering the art of the Sphere Economy requires practice, the reward lies in the thrill of conquering complexities and moulding interdependence in unpredictable environments.
Getting Started:
The Sphere Economy provides multiple entry points for organisations to initiate their journey toward sustainable viability. Whether re-evaluating production units, distribution channels, communication methods, or preparing for significant launches, each step contributes to the gradual development of familiarity and effectiveness.
The Rewards of Sustainable Viability:
Successfully implementing sustainable viability brings a sense of achievement in navigating complexities and aligning with organisational goals. It offers joy in realising not only what needs to be achieved but also the precise method to attain it. However, this journey also comes with a shock, as it reveals how much existing practices undermine the desired outcomes.
Enhancing Performance:
The impact of our lives is shaped by the information we share, seek, and receive, as well as our interactions with various stakeholders. The Sphere Economy, rooted in Systems Thinking, serves as a catalyst for improving lives and achieving transformative change. It facilitates clear explanations of interactions within the whole, helping individuals and organisations act with confidence and clarity, even in challenging circumstances.
Irreversible Transformation:
Engaging in the Sphere Economy marks a point of no return. Once organisations begin the journey towards sustainable viability through Systems Thinking, the benefits become apparent, reshaping their approach, and contributing to a more effective, performance driven and purposeful existence.
