Towards a future, with purpose
By Alex Hill for Box News
If the headlines and Twitter feeds of the world are getting you down at the moment, I have the perfect antidote: a trip to the website of our friends at Unreasonable Group.
Fighting the good fight, and choosing the right allies
Unreasonable is a Venture Capitalist (VC) organisation. They only work with entrepreneurs who are, as they put it, ‘bending history in the right direction.’ Put another way; they work with people who are passionate about solving the world’s problems.
They work with folks like:
- Jayaashree Industries, who have created the first low-cost machines to make sanitary pads in India
- Embrace Innovations, whose infant warmers are estimated to have saved the lives of over 300,000 babies across 22 countries
- Econic Technologies, whose catalyst technologies convert CO2 into materials for plastic production
Businesses need to think differently
In the last ten years, Unreasonable realised something that the rest of the business world today is only just waking up to – business shouldn’t exist separately from the world’s social problems.
Business has both an opportunity and a duty to engage with problems like climate change and gender inequality to drive serious social impact.
If businesses don’t engage with social impact, they’ll find themselves in danger of being left behind by their customers. Many customers today, particularly Millenials, look to businesses that take on social responsibilities.
If you don’t like statistics then look away now
Deloitte’s Millenial Survey 2018 found that 40% of Millenials believe that the goal of business should be to ‘improve society’.
Similarly, a 2015 Nielsen poll found that consumers are increasingly seeking out products that are clean and responsible. 66% of global consumers are willing to pay more for sustainable goods, and a full 73% of Millenials are.
Box Media is looking to the future, too
At Box Media, our drive is reskilling for purpose. We have set our sights on a future of human collaboration with machines (rather than a future of mass unemployment).
We have an opportunity to work towards a future that we build on solving some of our most significant problems. To reach that preferred future, we know that our workforce will need to adapt and develop many new skills.
This sense of purpose is what motivates us; it gets us out of bed and into the office every day. What is the social impact of your business? If you can’t come up with an answer, it might be time for a rethink.