New Report Outlines 5 Principles for Regenerative Brand Leadership


BBMG and GlobeScan’s ‘Leading Regenerative Brands: Five Paradigm Shifts to Thrive in a World in Flux’ is part manifesto on the imperative to build a purpose-driven company and part handbook for how to do it.

As the world begins to emerge from the pandemic and navigate the compounding
impacts of climate change, racial injustice, economic inequality, societal
divisions, violence and war, brand leaders are facing profound paradigm shifts
that create new challenges — and opportunities — for business leadership and
impact.

A new report from BBMG and GlobeScan
shares a vision for regenerative leadership inspired by a global survey of over
30,000 people in 30 international markets; as well as extensive interviews with
elders, issue experts, youth activists and brand leaders to understand the
moment we’re in and how we might harness the power of brands to regenerate our
world.

“We’re experiencing new social and environmental conditions on a daily basis;
and we believe brands can respond with a human-centered ethos — a spirit of
care, of learning together, of building connection, of honoring our mental and
physical health, and co-creating responses so that we can find our way to
richness, meaning and rejuvenation,” write BBMG Founding Partner Raphael
Bemporad
and Futurist-in-Residence Sanjay Khanna in the introduction to
Leading Regenerative Brands: Five Paradigm Shifts to Thrive in a World in Flux.

The report tracks rising expectations among the next generation for more
honesty, transparency, accountability and positive action to address issues
including climate change, racial justice, health equity and mental
health
, which emerged as the most serious concerns for people under 30. Youth
also expressed growing impatience with incremental change, more willingness to
change their lifestyle and behaviors to meet the new challenges we face, and an
eagerness for brands to leverage their reach and resources to take leadership
on these
issues
.

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“I envision a reality where we take only what we need, and we make sure that we
live to provide for the next generations,” says Alexis Saenz, founder of the
International Indigenous Youth
Council
, and one of the young
leaders interviewed both for the report and last fall at SB’21 San Diego.
“Everything needs to be reciprocated — our relationships with ourselves, with
each other, and with the planet.”

Delivering on higher consumer expectations requires brand leaders to shift our
mindsets, incentives and norms of leadership; and the report outlines five
paradigm shifts
needed to thrive in this time of change:

  1. Power: Giving voice, choice and ownership to those with the most at
    stake

  2. Space: Closing the distance between the people and places that make,
    sell and use our brands

  3. Time: Slowing down, moving with intention, and becoming good ancestors

  4. Leadership: Welcoming vulnerability, embracing ‘not knowing’ and turning
    challenges into quests

  5. Relationship: Widening the circle of connection to thrive together with
    all of life

Brand leaders are recognizing that our current economic, social and political
systems are broken and that meeting this moment requires humility, bravery and
community like never before. Among the perspectives shared in the report:

“I know where I want to go, but I don’t really have the answers. I see my role
as inspiring everyone to think about the opportunity, the potential, and where
we could be. I see the fullest expression of my leadership as empowering
others.” — Shawn Outler, Chief Diversity, Equity and Inclusion Officer at
Macy’s, Inc.

“I think we have to embrace our interdependence and recognize that the
individual is actually not the fundamental unit of life, that nothing exists
apart from community.” — Dave Rapaport, Global Social Mission Officer at
Ben & Jerry’s

Leading Regenerative Brands also shares inspiring examples of brands that are
taking a regenerative approach to business and cultural influence such as** IKEA**’s
journey toward a circular model.

“We want to contribute to the movement in society around better everyday living
within the boundaries of the planet and work towards making sustainable living
the default option and the norm in society,” says Malin Pettersson-Beckeman,
Head of Sustainability Engagement & Communications at Inter IKEA Group. IKEA
has committed to becoming a circular business by 2030.

BBMG and GlobeScan developed the report as inspiration for brand leaders seeking
to find their footing and make bold moves in this time of flux; Bemporad,
Rapaport and Pettersson-Beckeman shared more insights from the research last
week at Brand-Led Culture
Change
.
The report concludes with a simple framework for Bringing a Regenerative Mindset
to Brand Leadership to help guide the way.

Download the full report at https://bbmg.com/leading-regenerative-brands/.





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