Systemic Economy as a solution to exclusion and poverty.

Systemic-InnovationSystemic risk has another side: as everything is connected, new solutions should answer multiple challenges. This is how systemic economy offers new solutions to our historical challenges.

The three cornerstones of the systemic economy are:

1/ Everything we do should contribute to common good: The excellence of the company or organisation should serve common good (in whatever area). The intention is thus shifted from accumulating money for ourselves, to creating value for all. Add value to commons, improve health, social connexion, housing, mobility, education,… In itself, this cornerstone is an important split with the world of today. It’s the most important philosophical shift of this new approach. Instead of serving egos or individual wallets – concentrating wealth – collective excellence will contribute systemically multiple causes. The basic intention of economy shifts here from sucking out value from the crowd to a few, to serve the common project of humanity. Performance follows naturally. Multiple challenges are met, multiple nes and/or marginal and underused resources are activated to serve.

In the process, stakeholders are served well …

2/ Open the spectrum of value on 7 levels: Value (assets) and potential (needs, liabilities) is measured (qualified and quantified) on 7 levels Value has been too much based on monetary scales. (1) Earth (negative impact vs. contribution/compensation); (2) Financial/material (traditional balance sheet); (3) Processes 4 Emotional (trust, motivation, ..); (5) Communication; (6) Knowledge; (7) Common Good (vs. collateral damage). The S&P 500 stats also confirm that 87% of the value of stocks are immaterial.

In the process, common good and environment are assessed for and taken care of … and challenges on several levels are being answered little by little.

3/ Switch from linear 2D to ecosystem 3D: The linear “suppliers-clients” 2D business models are leaving place for stakeholders models in 3D. In an old ego-based economy, where scarcity of resources make the fortune of a few, Plug-and-play with resources and needs on 7 levels opens up gigantic new opportunities to create activity and solutions. “Flow” is enhanced – coherence and authenticity too. Earth resources will be used smarter, intelligence will flow, motivation will drive, processes will become very efficient, communication will be enanced, common good will be taken care of by every individual and every organisation.

All stakeholders are included in the process … they can play a role a create value for themselves and for others…

This way, new product-services, new solutions will offer multiple answers to linear challenges. The systemic multiplicator effect is, in this case, constructive.

The poorest, the excluded, are back into the game, and processes emerge to include them with alternative ways to valorize their specific input. Alternative ways to monetize (alternative currencies), to valorize (stakeholders business models) sould be introduced to measure new created value. But it could derange power in place… they actually do not truly want to solve those challenges and empower the mass of people asking for a new coherent world.

A sustainable solution to the crisis…

Michel de Kemmeter

UHDR founder

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