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Please enjoy our Autumn newsletter with a thought-provoking article that we think you'll get a lot out of and all kinds of exciting things below...

The selfish argument for making the world a better place...

Terms to know:

Economy

The state of a country or region in terms of the production and consumption of goods and services and the supply of money.

Innovation

Innovation is the practical implementation of ideas that results in the introduction of new goods or services or improvement in offering goods or services.

Investment

Commitment of resources to achieve later benefits

Zero-sum-game

Zero-sum-game is a mathematical representation in game theory and economic theory of a situation that involves two sides, where the result is an advantage for one side and an equivalent loss for the other.

Positive-sum-game

Positive-sum-game is a mathematical representation in game theory and economic theory of a situation where the outcomes lead to a scenario when no-one wins at someone else's expense.

Industrial revolution

The Industrial Revolution was a period of scientific and technological development in the 18th century that transformed largely rural, agrarian societies.

Historically...

Until recently the vast majority of the world's population were farmers. We farmed fields and livestock to produce food, where job specialisation was rare and more basic priorities were the main concern. Looking at the economy we didn't experience economic or social growth, from year to year...

The economic position of the world was a zero-sum-game and the only way to get more was to take more of the pie: your gain is someone else's loss.By this principle countries and communities waged war in order to increase their position and get more of the pie. That was until the industrial revolution.

How the industrial revolution changed the game...

The industrial revolution sparked the principle of innovation, and immediately opened the doors to a societal paradigm shift never seen before: it increased the size of the pie ... Now, instead of having to steal more and more pie, individuals and countries could simply make more pie. The world had now shifted to a positive-sum-game, every industry exploded in productivity, with the added benefit of increasing the availability of jobs and specialisations available to the general population. As an example: 

Iron production in England during the industrial revolution increased 137-fold!

With this new culture and society, we had found a way to reach new heights of economic output. This also aided the continued growth of the economy, and so the pie grew bigger and bigger every single year...

The core principle behind the economic culture is INNOVATION.

Innovation and its effects...

At the epicentre of this paradigm shift lies innovation, referring to new ideas that catalyse changes on a large scale. In this instance it is defined as 'better solutions to existing problems, and solutions to problems that we didn't know we had'. As we solve larger problems we discover more interesting and complex problems to solve. So we put forward an interesting and thought-provoking way of looking at the world that we live in; this is commonly referred to as 'egotistical altruism'.

Why should we help develop other communities?

It is in your personal, selfish, best interests to aid developing nations, local communities or even less well-off areas around you. In a  positive-sum-game, due to the supply and demand mechanics behind innovation, your own life gets better if more people around the world even in countries that you wouldn't know existed have better lives. 

Let me explain...

Due to the essential nature of innovation, the more people want something and the more people are able to contribute to it, the more likely it is to happen. For instance:

Cancer treatment

Currently, one in six people die of cancer or cancer-related illnesses. If we have a third of the developed world searching for a cure this may take them 30 years. Whereas, developing nations are less able to contribute to the search as they have more immediate issues to deal with, for instance, simply feeding their population. 

How do we make the cure come faster?

What if the developing world weren't... well... under-developed... then that proportion of the developed world grows. If it tripled in size then there are three times as many people working on it and the time until we have a cure would reduce by a factor of three. We now have our cure in 10 years, not 30 years.

This principle holds true for the vast majority of the complicated problems that we have today.

"Innovation follows incentives naturally if many people want and can pay for something. It will get the innovators attention and energy. Improving the lives of those who are worst-off has a multiplying effect. It increases demand for ideas while increasing the ease of ideas to be produced"

| Kurzgesagt 2018

You will not get any more pie if the poorer sides of the global community remain poor, instead more pie will come to everyone if those poorer areas became more affluent, contribute ideas and produce more pie for the global bakery...

If you like these ideas you might consider having a look at:

For individuals:

• International Monetary Fund
• United Nations - How trade can help developing countries
• Oxfam
• The Bill & Melinda Gates Foundation

For companies / businesses:

• The B-Corporation community
• Technoserve
• Simply direct support for companies / businesses in developing nations

There are so many ways to help and we hope to inspire you to make a change today. Join one of these fantastic causes and help others today. You never know when, in the spirit of what we have spoken about today, through innovation, the favour will come back around in more ways than you may even realise.

Lachlan Nicholson 

Azesta Ltd - Marketing Manager

We're Back!

'Trainers Development Network Yorkshire' is back...

Friday 20 October 2023

Leeds

10am till 3pm

10.00 - Welcome and intros 

10.30 - The Colour Game

11.30 - Action learning set 

12.30 - Lunch & networking 

13.30 - Transform Deck 2 with Terry Pearce

And more fantastic opportunities.

For more information and to book in follow the link below.

Need some experiential tools to support your own courses and training sessions? Why not have a look at our catalogue of unique training tools brought to you by the fantastic people over at Metalog (an internationally-recognised company dedicated to bringing the best experiential learning tools).

Sound good? Have a look...

"This process was smooth, communication was good and this was supported with good tracking tools from the courier. The kit itself was high quality and everything that was expected was delivered. I would advise clients to open the boxes carefully and retain them for the return as this helped me massively.
Returns labels were included so the returns process was nice and smooth."

| James Farrell - People Development & Culture Manager - HARIBO

"Lachlan and the team gave superb service with a time-sensitive order.

Arrived as promised well within the deadline." 

| Will Carnegie - Change catalyst, coach & explorer - Lighthouse associates

Coming soon!

A free taster session for our Team Development workshops where you can get to grips with the general principles of team development, a select group of models to make use of and learn how to apply what you have learned to your daily life.

So if you'd like to see what this free taster session can do for you let us know here...

Certified B-Corporations are companies and businesses verified by B-Lab to meet high standards of social performance, accountability and environmental performance. You may recall that we are proud to now be a certified B-Corp! We continue to take this responsibility forward to people and businesses that we meet, spreading the word and working together to help raise our community's environmental consciousness and social engagement. It is our hope that we will continue to make our wider surroundings a better place to be.

If you are interested in certification but are unsure of the path to take, please feel free to contact us.

http://www.azesta.co.uk/

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