8.4 Managing Directors as Regenerative Leaders Coorens (2024) proposes the Regenerative Integrated Framework for Transformation (RIFT), which provides a structured pathway for businesses to operationalise regenerative practices (see Figure 8.1). This model integrates systemic thinking, stakeholder engagement, and adaptive management to ensure continuous refinement and improvement of business practices. It encourages collaborative solution-finding and fosters a culture of innovation and resilience crucial for long-term success. Figure 8.1: Regenerative Integrated Framework for Transformation model (the hurdles run from degenerative to regenerative business practices) (Source: Coorens (2024), modified by the author) Leadership plays a critical role in the implementation of regenerative models. Several attributes of leadership have been identified as crucial for the successful implementation of these models (see Figure 8.2). The first of these attributes is consciousness which is foundational, ensuring that leaders understand and prioritise the interplay between business operations and the broader social-ecological system. This aligns with stewardship theory, advocating for leadership practices that prioritise long-term welfare over short-term gains. By deeply understanding their impact on social and ecological systems, Managing Directors (MD) can make informed decisions that benefit both the business and society. Hallmarks, or defining traits, influence Regenerative Innovation by fostering a culture of creativity and strategic vision, motivating teams to develop and implement innovative solutions for sustainability. They encourage the exploration and adoption of diverse, sustainable business approaches, aligning business strategies with regenerative practices. Visionary leadership promotes Continuous Network Development and Open Stakeholder Management by encouraging cooperation beyond organisational boundaries and comfort zones. This approach enhances collaborative efforts essential for regenerative transformation. foundation for achieving organisational sustainability. 8.4 Managing Directors as Regenerative Leaders Coorens (2024) proposes the Regenerative Integrated Framework for Transformation (RIFT), which provides a structured pathway for businesses to operationalise regenerative practices (see Figure 8.1). This model integrates systemic thinking, stakeholder engagement, and adaptive management to ensure continuous refinement and improvement of business practices. It encourages collaborative solution-finding and fosters a culture of innovation Figure 8.1: Regenerative Integrated Framework for Transformation model (the hurdles run from degenerative to regenerative business practices) (Source: Coorens (2024), modified by the author) Leadership plays a critical role in the implementation of regenerative models. Several attributes of leadership have been identified as crucial for the successful implementation of these models (see Figure 8.2). The first of these attributes is consciousness which is foundational, ensuring that leaders understand and prioritise the interplay between business operations and the broader social-ecological system. This aligns with stewardship theory, advocating for leadership practices that prioritise long-term welfare over short-term gains. By deeply understanding their impact on social and ecological systems, Managing Directors (MD) can make informed decisions that benefit both the business and society. 46 8.4 Managing Directors as Regenerative Leaders
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