5Â myths of entrepreneurship
Drawing on his recent IMD podcast with Amar Bhidé, IMD Professor of Management Stefan Michel debunks longstanding misconceptions about entrepreneurship....
Brain Circuits
Soft skills for hard targets: Why leaders need IDGs to reach the SDGsÂ
Progress towards achieving the UN Sustainable Development Goals has been slow. Leaders need Inner Development Goals to become true sustainability champions.
Why is a new type of goal necessary?
Driving sustainability transformation is much harder than many had anticipated. Meeting the SDGs poses multifaceted challenges for which there are no established models or easy answers. To tackle them, leaders need to be emotionally intelligent, resilient, and willing to engage in ongoing development and collaborate with multiple stakeholders. Meaningful progress thus requires strengthening the leadership capabilities of sustainability champions – not merely their strategic acumen and mastery of practical tools.
Â
What are the IDGs?
In November 2023, the World Business Council for Sustainable Development (WBCSD), together with various non-profit and business education institutions established the Inner Development Goals (IDGs) as a necessary supplement to the SDGs.
The IDGs start from the premise that accumulating more knowledge about the climate crisis and other societal problems will not lead to the required level of action – simply investing in more think tanks, technologies, and policy instruments seems unlikely to resolve them.
The IDG framework consists of five dimensions and 23 transformational skills that are critical for leaders to drive necessary change. These so-called ‘soft’ skills are needed to capture existing inner resources and help organizations turn them towards their ongoing sustainability efforts. The five dimensions are:
- Being – Relationship to Self
- Thinking – Cognitive Skills
- Relating – Caring for Others and the World
- Collaborating – Social Skills
- Acting – Enabling Change
Â
Key takeaway
To tackle the climate crisis and the social ills targeted in the SDGs, we need to incorporate a focus on the inner drivers of action (and inaction). Doing so is likely to boost the psychological, adaptive, and cultural capacity to work together towards the necessary transformation and boost the chances of achieving sustainable development for a more equitable world.
Authors
Related
How to build a business that survives the next five years
Forget everything you’ve heard about genius CEOs, intuition, and heroic decision-making, says Susanne May – use Jensen Huang’s radical leadership of Nvidia as a blueprint to succeed in the AI era....
10 ways AI can support learning and skills resilience (or not)Â
AI can do plenty in terms of learning and skills development – but educators and talent leaders also need to understand what AI tools should not be used for. ...
Walk, don’t talk: How to survive culture warsÂ
Global brands expert Philip Thomas suggests simple ways for businesses to walk the tightrope between buzz and backlash in today’s divisive cultural and political landscape. ...