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Regenerative Economy

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  1. Module 01: Introduction
    1.1 Lesson-1: Interested in Regeneration?
  2. 1.2 Lesson-2: What is Regenerative Economy?
  3. 1.3 Lesson-3: Principles of Regenerative Economy
    9 Topics
  4. 1.4 Lesson-4: Towards Regenerative Economy
    1 Quiz
  5. Module-02: Go Beyond the Circles
    2.1 Lesson-1: From Linear to Circular Economy
  6. 2.2 Lesson-2: The Nested System
  7. 2.3 Lesson-3: From Focusing on the Product to Focusing on the Process
    1 Quiz
  8. Module-03: Regenerative Economy Mindset Shifting
    3.1 Lesson-1: Shift Mindset to Transform the System
    1 Topics
  9. 3.2 Lesson-2: Shift Mindset: ?Doing? to ?Being?
    2 Topics
  10. 3.3 Lesson-3: Shift Mindset: ?Ego? to ?Soul?
    1 Topics
    |
    1 Quiz
  11. Module 04: Regenerative Economy Framework
    4.1 Lesson-1: Levels of Paradigm
    6 Topics
  12. 4.2 Lesson-2: Understanding Levels of Paradigm as a System
  13. 4.3 Lesson-3: Evolving a Practice of Regenerative Economics
    5 Topics
  14. 4.4 Lesson-4: Quantitative Growth to Qualitative Growth
    2 Topics
    |
    1 Quiz
  15. Module 05: Collaborative Approach to Regenerative Economy
    5.1 Lesson-1: Ecology and Regenerative Economy 1
  16. 5.2 Lesson-2: Economy of Human Development
    9 Topics
  17. 5.3 Lesson-3: Regenerative Approach to Whole Economic Development
    7 Topics
  18. 5.4 Lesson-4: Regenerative Culture
    3 Topics
    |
    1 Quiz
  19. Module 06: Regenerative Investment
    6.1 Lesson-1: The Role of Businesses
    2 Topics
  20. 6.2 Lesson-2: Investing from a Regenerative Mind
    1 Topics
  21. 6.3 Lesson-3: Food System Investing in a Regenerative Economy
    4 Topics
    |
    1 Quiz
  22. Conclusion
Lesson 7 of 22
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2.3 Lesson-3: From Focusing on the Product to Focusing on the Process

?????????? 16, 2024

If we simply think about the product and how to enhance it so that we don’t harm the environment, then the result is merely a better version of what we have made.

Just concentrating on avoiding harming the environment seemed like too small a step since we?our corporate business group?have set our objective as supporting to the Life of the Processes (allowing, thus, an Economy for Life). Any changes in our organizations’ aims must be approached from the perspective of the Regenerate Life Paradigm. This calls for a shift in perspective from considering people and human activity (production, distribution, and consumption) as distinct from and “doing kind to” the environment to considering them to be a source of life. To accomplish it, we must be able to be seeing systems as alive and distinctive. Humanity and human actions must be taken into account in the dynamics that support the survival of the living organisms in which they’re immersed.

Second, by changing our perspective and concentrating on the live systems within a system, we stop looking for ways to better the end product. We focus instead on a procedure that results in a greater and better quality of life. By doing this, we move from a circle to a method that actually improves the system as a whole. What does the term “value” mean here? The topic at hand is considerably dissimilar from a value-added product. We perceive value as a contribution to life, a means of empowering the system to regenerate life itself, because we are not concentrating on the goods but rather on the systemic implications. Can you distinguish between this level of impact and the level of system maintenance or restoration? From our perspective, increasing value entails developing and utilizing transformative processes that provide clients with exclusive offers.

The value-adding processes are depicted in the following figure:

This image helps us to understand that transformational processes begin with sourcing (materials or ideas), go into various stages of transformation to manufacture goods, then incorporate these operations into the entire life cycle of all interested parties, and finally enter a phase in which new life states can emerge. This last phase offers the chance for full regeneration. A new sourcing step that includes the knowledge and expertise of the earlier stages can start after the regeneration stage. In order to restore life, the goal of transformational processes is to provide the entire system the ability to evolve. This forces us to view the process as a continuous loop rather than a static system, which is why spirals as a continuous loop makes more sense than a circle.

The process is depicted in the above figure as it would actually happen. The Integrating stage, however, is where product design should really begin. We can now imagine ourselves in the customer’s position and create a more complete picture of her and her environment. By doing so, we would be able to comprehend what a better quality of life entails for her and what we might build to assist her in bringing about that better life. Right there, we begin the design process; we design with and for life. To truly innovate from and for life, a mindset shift is required. When considering how we are integrating real value to contribute to our customers’ lives and the processes in which they are incorporated, we must identify the finest tangible component or product that can become a driver for their lives to be transformed (both customers and system). Otherwise, we risk deceiving ourselves and others into thinking we care when, in reality, we are only trying to justify the continued production, sale, leasing, or use of a product while minimizing its bad consequences on the environment.

A place to start in transitioning to a regenerative economy:

We need to challenge the approach humans are using to increase (actual) wealth and wealth-generating ability in the life processes in which we find ourselves and view economics from a wider perspective in order to achieve more effects that assist to the evolving capacity of life in systems. What does that mean for individuals, groups, and businesses?

It necessitates a fundamental shift from a strictly utilitarian role to a role that adds value, which necessitates investing in a process that allows each individual or collaborator to contribute to true abundance. To be able to accomplish this, we must create a new kind of mind?one that comprehends the universe from the perspective of living systems and the natural stages of life’s evolution. We will then be able to create offerings from there (processes and products).

Last but not least, the following two important factors should be considered when determining how far we will go in building, running, and investing in firms that may have an impact on the transition to our Next Economy.

  • First, it’s important to evaluate and rethink how we view and conceptualize economic dynamics, weighing human-centered against systemic and even systemic versus whole-person perspectives.
  • Second, we must change our perspective from one in which economics is the outcome of human “productive activity” to one in which it is the result of prudent home management.

According to Sanford and Haggard’s interpretation of Aristotle’s definition in his magazine, “(Economics is) the pragmatic science of living virtuously as a member of the polis (or community) through wise household maintenance,” we shift our focus to the household and the skills we as humans need to play a contributing role in managing it wisely.

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