“All effective leaders are effective leader developers,” says Bernard Banks, retired Brigadier General of the US Army and now X at Kellogg School of Management. Banks noted that upon leaving military service after a 25-year career, he saw a disconnect between the military and the business world in the way they cultivated leaders. In business, developing leaders internally was a “perk” and not a strategic part of a long-term business plan. Additionally, companies did not invest appropriately in training future executives—or at planning for the future.
image by Jack Moreh
Humans create a lot of waste. Over the last century, as technology has provided us with machines to make our lives easier and many products for daily living have become affordable — we are throwing more and more “stuff” away. Looked at from an economics perspective, our economy functions on a linear basis — make, take, dispose. Apple makes a new iPhone? We get rid of our old one. Dishwasher breaks? A quick phone call and someone takes the old one away and a new one appears in its place. Clearly, this is a disastrous mindset for the long term. There is only so much space on the planet and these products made of steel and plastic do not decompose. Fortunately, there are innovative thinkers who are doing more than touting the “reduce, reuse, recycle” mantra. They believe an overhaul of the way our economy functions can still provide us with the technology we want while maintaining the health of the environment and increase economic growth. Enter the “circular economy.” Continue reading