Financial Times FT.com

Something for the weekend

By Della Bradshaw

Published: October 16 2009 16:00 | Last updated: October 16 2009 16:00

If there is one business school that likes to tackle the big questions of life, it is MIT Sloan in Boston in the US. And Otto Scharmer, senior lecturer at Sloan and co-founder of the MIT Green Hub, does not fail to deliver. His latest research is a proposal about how society can solve the current crises - economic, environmental, social - using what he calls seven acupuncture points. These include re-addressing issues such as technology, labour, capital and co-ordination mechanisms.

He argues that the problem today is that we are trying to solve “3.0 challenges” with “2.0” frameworks and response patterns. “By ‘3.0’ challenges, I mean problems that require us to innovate at a whole systems level. By ‘2.0,’ I mean response patterns that are driven by special interest groups that lobby for their narrow self-interests regardless of the costs that they impose on the whole system,” he maintains. “The 2.0 system is what we have now - think of Wall Street lobbying in Washington to prevent new banking rules even though they would be in the interest of taxpayers.”

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