Business Ecosystems Training
What is BET
Business Ecosystems Training (BET) is an instructor-led training program developed by the World Business Council for Sustainable Development (WBCSD). BET is easily customized to cater for a specific learner, company, audience, industrial sector, or region.
BET Customization Framework developed by the 2012 Future Leaders Team (FLT) of the WBCSD provides a useful solution to identify company ecosystem challenges through consideration of a particular company’s processes, industry, and region – delivering the training solution that caters exactly to the need of the respective business.
For example, regional customization of training requires consideration of two vital aspects, namely the contexts of language and culture for the audience. Further, each company’s business sector must be considered, as each sector operates within its own ‘culture’ and norms that are impacted by environmental regulations and other legislation.
Companies benefit from customized training led by BET trainers who are experienced and knowledgeable in creating a culturally and regionally appropriate experience that explores business ecosystems in ways that lead to holistic and contextual optimization and understanding.
BET is split into four modules, as follows:
Module 1: Understanding the links between ecosystems and business
Participants are encouraged to complete exercises that draw attention to the links between their region/country and related factors such as laws and regulations on biodiversity, policy trends, environmental issues and so on.
Participants are led to develop an understanding of their business ecosystems and to compare these to other similar company ecosystems, as well as view these from a global perspective.
Case studies are explored, and participants consolidate their learning by responding to questions verbally or in writing – they also begin to brainstorm their company’s business ecosystem challenges.
Module 2: Assessing business impacts and dependencies on ecosystems
This module is implemented by first identifying the impacts and dependencies of business ecosystems. This is analyzed through case studies, and knowledge sharing.
Case studies that address Ecosystem Services Review (ESR) can be presented as a precursor to discussions on how delegates navigate, utilize and depend on their existing ecosystems.
After this deep exploration of the core factors of business ecosystems, both in theory and in the context of the participants business, the instructor can then introduce tools, frameworks and methodologies that impact business ecosystems.
Module 3: An introduction to valuing ecosystem services
Case studies are used to present and summarize how different companies respond to ecosystem issues, with relevance to the participant’s company.
Defining key terms and concepts is done using case studies that relate to the participant’s business sector and region. In addition, contextual policy trends are identified and discussed with relevance to their impact on the company’s business ecosystem.
Through this process a business’s region and sector context for valuing ecosystems is identified. For example, regional factors can help identify the varying risks a business faces, and, the exploration of sector can be accompanied by a scheme for identifying and evaluating the risks of the sector, such as scarcity of resources, environmental risks, financial and reputational risks and so on.
The trainer will then present examples of ecosystem service valuations relevant to the region and or sector of the business. The new information is consolidated by facilitating a knowledge share, before screening for Corporate Ecosystem Valuations (CEV).
Module 4: Managing and mitigating business impacts on ecosystems
BET progresses with examples of company commitment using relevant, contextual businesses that correspond to the region and sector of the participant’s company – and whose own company policies are thereafter explored and analyzed. These examples include those that integrate global issues and impacts, and examples will include national and global reports on relevant policies, plans and figures that cover sustainability, biodiversity, environmental and social impacts, procurement, climate change and so on.
This is then consolidated through an analysis of the impacts of local legislation on the business.
How BET links with ESG reporting
BET helps companies understand sustainability issues associated with business, biodiversity, and ecosystems. Companies thus learn how to better manage their respective ecosystem impacts and dependencies, and actively participate in the global debate on biodiversity conservation.
On the other hand, environmental, social, and corporate governance (ESG) reporting is used by companies to evaluate and demonstrate their activities and contributions toward caring for the environment, social responsibility, diversity, equity and inclusion.
BET and ESG therefore both provide companies with a means of analysis and potential risk management for the internal and external ecosystems of their business. However, BET offers a holistic and integrated training approach that supports the objectives of ESG particularly on the environmental aspect.
Our Experience on BET
The founder of Kurumeng, Kabelo Mocwane, is the alumnus of the WBCSD Future Leaders Team (FLT). He was part of the 2012 FLT that developed the BET Customization Framework.
In addition, Kabelo attended FLT workshops in Switzerland, USA, and South Korea, as well as the 2012 International Union for Conservation of Nature (IUCN) – World Conversation Congress, in Jeju Island (South Korea).
Interested companies may contact Kurumeng to request customized training from the experienced facilitator/s that actively participated in the development of the BET Customization Framework. This will assist companies immensely toward successful ecosystems management and support ESG reporting.