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Havas Media Lab - 0 views

  • The arrival of sustainable sustainability?
  • A little late I know, but just before the end of the year, we were fortunate enough to be a part of the Sustainable Life Media conference in Miami.  As is often the case, the event was full of interesting people extolling the virtues of more sustainable practices - from large MNC’s such as J&J through to some fantastically nimble social start-ups. But more than that, there was a real sense of change in the air. A sense that for the first time we were looking at making businesses sustainable, rather than bringing sustainability into business. In other words, for the first time I sensed that sustainability was being recognised as a key piece of DNA architecture for business, rather than some fan-fared adjunct.The ramifications of this are profound: for a start, this is what Peter Salmon from Moxie (who I had the pleasure to share a plenary session with) has labelled Sustainability 2.0. Or even 3.0. It also suggests an exciting trend that sees sustainability becoming near-impossible to focus on within the firm. That is not to say that it is absent, but rather just invisible.  Or rather, inherent. We are constantly hearing clients and colleagues citing an economic downturn as the worst possible time to embark on initiatives under the sustainability banner. But to make this criticism is to make the mistake that sustainability remains an annexe to the firm - an incidental anecdote to be told when appropriate.
  • This is most certainly wrong; instead, sustainability offers the best chance for firms to remain in business, as they redefine boundaries of influence and re-stock reserves of trust.This sounds absurd, but for too long, I really do not think the majority of firms have actually viewed sustainability as being linked in any way to their…..well, sustainability. And as such, it has been a nice-to-have appendage.So maybe this is now changing? Maybe Sustainability 2.0 and the crushing re-evaluation of business in the current climate marks the arrival of sustainable sustainability?  Based on the clear exodus of freshly-empowered CMOs and CEOs from large MNCs at the Miami conference, keen to demonstrate their new-found independence via boutique consulting efforts and old business cards with biro’d new titles and cell phone numbers, it seems so. Which also means sustainability could be finally becoming less about guilt, burden and ‘doing what’s right’ and much more about opportunity, energy and doing what’s exciting. Which would be very exciting indeed.G  
raheel naqvi

NESTA Connect: Webank | Are people replacing institutions? - 0 views

  • Webank | Are people replacing institutions?
  • Is the democratic and social nature of the internet changing the way we understand finance?
  • While in the past web-enabled innovation in the sector meant online banking and web-access to front-end customer services, there is today a growing set of organisations which remove banks and other institutions as intermediaries altogether.   Welcome to the world of peer-to-peer finance.
  • ...3 more annotations...
  • Following NESTA's publication last month's of Attacking the Recession, Christian Alhert at Open Business and I are convening this event to explore the trends, opportunities and risks that these new web-enabled approaches provide. 
  • webank is on Wednesday 21st January at NESTA HQ and will be an unique opportunity to meet the companies pioneering in this area, explore their business models and debate the opportunities and issues this area faces.  The innovative companies presenting on the night will include Zopa, Kubera Money and Midpoint with debate speakers including Giles Andrews (MD, Zopa UK), James Gardner (Bankervision) and Umair Haque (Havas Media Lab). 
  • And from everyone at NESTA Connect...we wish you all the happiest of holidays!
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