Regenerative business: The end of philanthropy as we know it?

“Philanthropy – The effort or inclination to increase the well-being of humankind, as by charitable aid or donations.”  The Free Dictionary

In the 21st century, could the continuing shift to a Regenerative Economy mean the end of philanthropy as we know it?

It’s just sooo 20th century…

First you make money – then you spend it fixing the problems you created in making that money.  You try and “repair” the environmental and social damage you created.

As we continue to shift towards an economy that consumes greenhouse gases, regenerates ecosystems and renews communities, what is the future of “philanthropy”?

Could it be that – as we realise the improved profits of “doing well BY doing good” – we won’t need so much “charity” from “philanthropists”?

Yes, it’s a BHAG – but it’s about “beginning with the end in mind” and doing more good instead of less harm.

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About Leigh

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Leigh is the principal of the business innovation practice Balance3 and her clients have included corporations such as Amcor, National Foods, Dair, SPC Ardmona, Kobelco, Corporate Express and New Balance as well as a range of smaller businesses and individual clients.