Article
27 March 2024, 3 min read

Embracing imperfect progress

Discover how we can navigate the path towards a more just and sustainable future, one imperfect step at a time.

In today's fast-paced world, it's easy to get caught up in the pursuit of perfection. But when it comes to creating a more just and sustainable economic system, progress often comes in imperfect increments. That's why, during our recent Big Conversation, we focused on embracing imperfect progress as we navigate the path towards a Wellbeing Economy.

A number of key insights and strategies emerged from this powerful conversation, as we navigate the path towards a more just and sustainable future, one imperfect step at a time.

The tension of transition

As business leaders and change agents working towards a Wellbeing Economy, we face a core duality: acknowledging the failures and setbacks of current systems while celebrating hard-won progress. The path to systemic change is arduous, requiring us to question deep-rooted economic stories and assumptions. But insight alone isn't enough; we need bold action to effect meaningful change.

Redefining success and celebrating incremental wins

A key theme that emerged was the need to redefine success beyond traditional economic growth. We shared examples of how our organizations measure success through more holistic metrics like service quality, community impact, and employee wellbeing. By moving beyond narrow financial motives, we open up new possibilities and create space to celebrate incremental steps towards our goal.

Addressing root causes and building community wealth

Another crucial aspect of our discussion revolved around addressing the root causes of issues, not just treating symptoms. One participant shared their experience working on a project that teaches cooking and cultural skills to build resilience, rather than simply funding a food bank. By focusing on projects that tackle underlying problems, we can create more sustainable, long-lasting change.

This approach aligns with the principles of Community Wealth Building, which emphasises a bottom-up approach to economic development, fostering local resilience and empowerment. As another participant pointed out, identifying policy levers at different government levels is crucial to effecting greater change.

Navigating challenges and influencing change

The path to progress isn't without its challenges, particularly when working with those in positions of power, such as local authorities and elected officials. Bridging the gap between community initiatives and local government requires aligning goals, communicating effectively, and finding common ground.

One participant shared their concerns about the current approach to economic growth and the lack of understanding among local government councillors about economic development. They suggested a more inclusive and considered approach, noting the potential to leverage short-term wins for better long-term strategies.

Embracing experimentation and imperfect progress

Despite the obstacles, we emphasised the importance of embracing imperfect progress and experimentation. As one participant put it, "We cannot afford to wait for the perfect plan. Taking action, even if it won't immediately change the world, is crucial."

This sentiment was echoed by another who highlighted the need to maintain hope and embrace experimentation for progress. We expressed interest in further exploring the concept of an experimental state which could foster innovation, entrepreneurship, and a willingness to learn from mistakes.

Managing personal and professional challenges

Throughout our conversation, we also touched on the personal and professional challenges we face in our work towards a Wellbeing Economy. One participant shared the analogy of playing pitch and putt - even knowing your opponent will always beat you, it's important to stay in the game!

Embracing the journey, even when the path ahead seems long and winding, is crucial. Perfection is the enemy of progress, and our willingness to try, iterate, and learn is key to seeding the transformation we want to see.

It's through our collective care, courage, and many small steps that we will nurture a Wellbeing Economy rooted in justice and regeneration. The path isn't straightforward, but when conscious leaders like us come together to share our experiences, insights, and strategies, we can redefine what's possible and sow the seeds of the world we wish to see.

What one practical yet imperfect step could we each take to further our efforts? Whether it's an experiment, a new metric, or a tough conversation, embracing that next imperfect but important action is key to maintaining momentum and fostering change.

Together, we can navigate progress in these imperfect times and create a future that works for both people and planet.