Let’s jump right into the topic here: My parents and I run our own respective businesses. As they grow older and decide to retire I will be taking over their business and I will combine it with mine. This was my decision and it wasn’t and easy one believe me. But in my view it was the right one to make.
My parents and I have different ways to live our life’s and views that come with it obviously. I am very passionate about Sustainability / CSR whereas my parents are as you would expect not as passionate about this topic.
And here is my main point of todays post:
Generational change could be a huge driver for the Sustainability / CSR in general as it can immensely increase the global acceptance of the work we do and more importantly, the change we create to change business as we know it.
I believe that I am not the only person in this situation at the moment. Generational change in business is happening all the time and generational differences will most likely result in two main changes of the business: 1) a change of the business purpose or 2) a discontinuation of the business altogether.
This is also where I see a huge problem in our current generation taking over the businesses. A lot of people in this situation do not realize what chance this generational change within the business could be used for to make our world a better place.
Imagine the situation where most new directors in these small and medium-sized organizations would include more Sustainability / CSR aspects within their change process as they change the business. How much this could change the very nature of overall business across our globe.
It is good to see that a lot of multinational organizations are embracing Sustainability / CSR but in my view the real change within business will in my view only happen once the small and medium-sized organizations will start to include more Sustainability / CSR elements.
The generational change could be a huge driver for the Sustainability / CSR in my experience and I will be one person using this opportunity.
What do you think about this topic? Have you come across examples of change within a business where the new generation decided to include more elements of Sustainability / CSR when they took over?
Picture Credit: http://www.flickr.com/photos/beneath_blue_skies/343096431