The world is facing complex challenges, among them, climate destabilisation, energy crisis, fresh water shortages, social instability and inequality, which, in turn, threaten economic activity. Meanwhile, businesses are realising that they can provide part of the solution whilst also deriving considerable benefits from innovative thinking and transformative action.
Millennials are increasingly demanding that their employers pursue ‘purpose beyond profit’ and with consumer behaviour changing, too, we can see why companies are focused on delivering breakthrough business models. But businesses are not alone in seeking innovative solutions as non-profits are also looking at alternative financing models. .
However, there is an important piece of the puzzle which we have to get
right in order to make lasting change happen: human capital.