Change always carries risks, but what we often fail to consider is that there is also a risk in doing nothing.
Undertaking a significant transformation that involves redefining a company’s vision and business model is a substantial risk. It’s like reshaping a company into an entirely new entity.
However, if we believe that the future will be different, that sourcing materials will become more challenging, and that higher sustainability standards will be enforced, then not taking any action is also a risk.
Go Beyond Small Experiments
Merely experimenting with small projects or product designs will not fundamentally change the company. It is crucial to initiate the transition process and fully embrace the change. Previous experiences with incremental improvements may lead us to believe that making things better is sufficient, but a circular transition demands more.
Moving Towards Climate Positivity
Having solar panels and optimizing energy consumption to be less detrimental than before does not necessarily mean that the entire company is on the right track. The future belongs to those who create climate-positive effects, those who strive to improve the world rather than just being less bad.
Recognizing the Risk of Inaction
When we realize that doing nothing poses a risk, it immediately places us in a situation where we must determine what to do and how to proceed. Experimenting with new business models does not have to be costly; it primarily requires investing time, which, in itself, is valuable. Spending time to truly understand the essence of a circular transition is a worthwhile investment.
Leveraging Vision Work
Many companies engage in vision-related activities, such as conferences and strategic planning, to position themselves for the future. This presents an excellent opportunity to focus on a circular transition. It is crucial to avoid getting stuck in discussions about the challenges or why it might not work. Instead, there needs to be an entrepreneurial mindset that deeply explores the potential of circular transition.
Seeking External Assistance
If embracing circular transition proves to be challenging, seeking external help is a valuable option. There are experts and consultants available who can provide guidance and support throughout the process.
So, in a circular transition, there are risks in both taking action and doing nothing. Recognizing the risks of inaction pushes us to consider how to proceed and work towards change. Engaging in deep exploration of the circular transition, leveraging vision work, and adopting an entrepreneurial mindset are essential steps.
It is crucial to understand that the future belongs to those who embrace circularity and actively contribute to a better world.
When faced with challenges, seeking external assistance can provide the necessary expertise to navigate the complexities of the transition.
Let us embrace the risks of inaction and take proactive steps towards a circular future.