INDIGENOUS THINKING AND INDUSTRIAL THINKING 12 BUS INTRODUCTION

INDIGENOUS THINKING AND INDUSTRIAL THINKING 12 BUS – INTRODUCTION TO THE QUADRUPLE BOTTOM LINE

A NEW WAVE OF THINKING IS HITTING BUSINESSES IN THIS GENERATION • The most successful businesses over the next 10 years will be businesses that combine indigenous thinking and industrial thinking. • New Zealand is in a prime position to use this line of thinking for businesses, as we are a country of an indigenous culture (primarily found with Maori) and an industrial culture (primarily Western). • Your generation is in the prime position to take this all in and apply it to your ideas for either running a business or working within a business.

INDIGENOUS THINKING • E. g Maori and Eastern cultures • Collective needs first (what are the needs of the group before the needs of the individual) • Everyone has a role in the community, and people give to the community they are in. They become interdependent on each other’s roles. • All ideas welcome, and a place to discuss and debate these ideas is created to decide on the best decision for the group moving forward. The third position is established. • Creative thinkers

INDUSTRIAL THINKING • Productivity and efficiency the key. Use the lowest amount of resources for the most output. Scientific evidence of more efficiency important. • Focus on improving what is not working. • Break down the business into parts, and work out how each part can be successful. • Change happens in separate moments, so we can analyse if the change is working or not. • The motivation is more individualised than collective – what motivates the individual person or business. • [i] Jacob, M. C. & Stewart, L. (2004). Practical matter: Newton’s science in the service of industry and empire, 1687 -1851. Harvard University Press. , [ii] Burke, W. W. (2008). Organization change: Theory and practice. Los Angeles: Sage Publications, As seen in: https: //kakiewrites. wordpress. com/2016/03/22/industrial-thinking-mindset-ch ange-management/

INDUSTRIAL THINKING CAN BRING YOU GREAT GAINS, BUT IT HAS IT’S ISSUES… • We can sacrifice the people and planet for maximum efficiency of producing a product. • With individual motivations, people become protective of their methods, and hold onto information for personal gain. • Once an efficient method is created, people can become fixed on that method, and no new ideas come up or are knocked down.

INDIGENOUS THINKING AND INDUSTRIAL THINKING IS LIKE A BINARY SYSTEM • If indigenous thinking and industrial thinking stay separate, they have their value but do not capitalise on their true potential. • The true potential is when they come together • Like the 0’s and 1’s for a binary system

FAMILY BUSINESSES • Imagine a family business • What characteristics would you see in a successful family business? • What characteristics would you not see in a successful business?