FUTURE TALENT November - January 2019/2020 | Page 53

ON TOPIC Exploring the philosophy of work at Deloitte Ventures UK To clarify how the mindset applied to work affects thinking and decision making, in 2018, Deloitte Ventures UK engaged Brennan Jacoby’s company, Philosophy at Work, to run a series of “strategic learning sets”. Based on the idea that “if it matters, it should be understood”, the workshops help people look at purpose, culture, values, innovation and strategy, and dive deep into how they play out in the workplace. Participants read a hand-picked book and use philosophical enquiry to make connections between the text and group’s work. Jacoby describes the approach as bringing together “the best bits of a book club and the agility of an ideation sprint”. Over three sessions, 15 senior leaders from various Deloitte teams, including HR, learning and development, strategy, innovation and ventures, and market insights, read Mindset by Carol Dweck, which investigates how people tackle problems, approach skills learning and develop resilience. Discussions brought together the group’s professional experience with a philosophical approach that challenged their thinking. Catherine Wallwork, Deloitte Ventures UK’s head of innovation engagement and mindset, says the workshops “were invaluable in informing narratives, strategy and designing experiments for innovation engagement and mindset. But I believe the value was not only the insights but the process of bringing people together who have a shared purpose to solve a real-life business challenge and the experience and connection. it leaves the group with,” she adds. Spend time reading about what’s going on outside your bubble Saïd Business School in Oxford, takes business back to a place the ancient philosophers, concerned with the workings of the world, would have approved of. “It’s only over the past 60 years that this notion that the one purpose of business is to make money has arisen,” he says. “Business needs to conceive itself as a way of producing profitable solutions to the problems of people and planet. The best businesses do exactly that.” Wilberforce-Ritchie adds that philosophy, by its very nature, enables businesses to think far into the future. “Philosophy is about connecting the future with the present,” he says. “Often companies hire a management consultant when they want to deal with a particular problem and that may give a quick fix – maybe one or two years of financial growth. But the reason so many firms are seeking help at the moment, 20, 30, 50 years into their life, is that they haven’t looked long term. One thing you learn from philosophy is how to deal with that future now and prepare for it . Philosophy brings up sustainable ideas that we can embed now to gain future benefits.” This concept of a wider role for business brings up another key philosophical idea – ethics. Roger Steare, visiting professor in the O practice of organisational ethics at Cass Business School in London, has worked as a consultant to many big companies, including BP, Nationwide, Barclays and RBS. He is scathing about what he sees as a kind of corporate myopia in this area. “Most businesses operate on a pretty poor combination of Newtonian determinism –  understanding the whole by reducing it into its component parts – and a feudal, medieval mindset, which gives rise to command-and- control structures,” he says. “So, you have people not thinking about how those parts fit together and get a poor foundation for traditional business, which is at odds with a world facing catastrophic changes in terms of climate, environment , societ y and politics.” He highlights the September 2015 diesel-emissions scandal in which Volkswagen engineers programmed engines on its cars to activate their emissions controls only during laboratory emissions testing. This enabled the vehicles to meet US standards during regulatory testing but emit up to 40 times more nitrogen oxides in real-world driving. “That was not only about climate change, it was about respiratory disease,” he asserts. “The number of people who have died preventable deaths as a result of nitrogen oxides is significant. When people manipulate software to cheat emissions tests, they’re doing it to comply with financial targets. They don’t see or understand the systemic effect of their actions on other human beings or on our ecosystem. They are saying that the question they are being asked is, ‘how are you going to achieve your target?’ and the answer is to do this without considering the knock-on effects.” P eople in business often baulk at taking responsibility for what they see as wider, global problems, such as climate change or social and political unrest, saying that these are matters for government or NGOs to consider. This is an argument that Professor Steare hears often. “After I’ve picked myself up off the floor, I say to them, ‘are you a slave? A child? Do you not have a conscience? Don’t you care about your own family November – January 2019 // 53