How can individuals use their influence for positive change?
CA ALOK SHARMA Chartered Accountant, IIM Alumni
Strategy and Consulting, Corporate Change management, Hyper Automation/ GenAI focussed Finance Transformation and Practice lead- Director @ Accenture | Chartered Accountant, Process Transformation
Collaborative action across multiple sectors could help solve society’s most complex challenges
The world?is beset by multiple crises that strain our societies. Many people want to do their part to limit suffering, promote human flourishing, and minimize current and future risks. But these aspiring change agents often struggle to harness all of their individual resources effectively to aid in the creation of a better future for people and the planet.
Systemic change addresses the causes rather than the symptoms of problems. Think of it as the difference between teaching a person how to fish as opposed to revolutionizing the fishing industry to benefit everyone instead of a select few. Influence for good?aims to support individuals who want to help solve society’s most complex challenges through collaborative action across multiple social and economic sectors.
More than money
When people think about philanthropy, they often think of financial transactions such as donations and investments. These are the most widely recognized ways that individuals around the world engage with organizations trying to address the myriad challenges facing humanity
Although funding systemic change may be a core pillar of engagement, money isn’t necessarily the be-all and end-all. For example, individuals could examine how to dedicate their time and use their connections to bring about significant change. While the idea of moving beyond throwing money at a problem isn’t novel, strategically using many different forms of engagement to work toward systemic change has not been widely discussed. This is the conversation?Influence for good?seeks to start.
The three-step LEB framework was developed for people with inherited wealth who seek to mobilize their financial, social, career, and political capital to generate more significant change. But the framework could be harnessed by all individuals whose net worth and networks may position them to move beyond donating to individual causes, by delivering what may be an even greater impact. Money doesn’t have to be a barrier. Anyone who seeks to become a change agent could glean valuable insights from the LEB framework.
While?Influence for good?was being researched, many highly resourced individuals shared their own stories of becoming systemic change agents. Their experiences may offer insights into the ways people can support positive change beyond financial resources, as well as the self-reflection and development process that could underpin success in effecting change.
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Look–Envision–Build (LEB)
Step one of the LEB model encourages people to “look with courage” at both the world around them and themselves. By acknowledging that the world isn’t perfect, people may start to understand where and how there could be less suffering; greater flourishing; and fewer existential, environmental, and social risks. By looking inward, people may recognize how their assets, investments, and conduct contribute to the status quo and gain a better understanding of their limitations, especially on social issues. That understanding could in turn create a more fruitful pathway to hear people who have experienced some of these issues, as well as those who are experts on them.
Step two of the framework challenges people to “envision with rigor” and develop a clear vision and plan, as well as the skill set they will probably need to become better change agents. This happens in collaboration with proximate leaders, who are close to issues, and subject matter leaders, who are experts in their fields. Their knowledge, experience, guidance, and insight could help aspiring change agents to identify promising solutions and opportunities and, ultimately, to turn a vision into reality.
Step three is where the groundwork translates into potential action. Guided by proximate and subject matter leaders, change agents could focus on creating the greatest possible impact and “build with excellence” by tracking progress and using evaluations and honest feedback to adjust their approach regularly.
A never-ending journey
The path to becoming an effective change agent is often circular, not linear: when a cycle ends, a new one begins. In this respect, the LEB framework strives to be a never-ending journey of learning, enabling change agents to go on harnessing their resources for maximum impact to create a more sustainable, more equitable, more prosperous world.
Regards Alok