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Medicine Forward (100y sustainable social impact -Martin Reeves) - Coggle…
Modularity
They have firebreaks, which stop problems in one part of the company from affecting the whole. Modularity also facilitates innovation through recombination and promotes greater agility because of the reduced scale of each unit.
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Prudence
They are open to serendipitous upsides, while designing decisions and actions be robust to plausible unfavorable scenarios. They ask, “What if X happened?”
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Diversity
They have multiple ways of thinking and doing things, which not only serve as a hedge against change but also form the substrate for experimentation and learning.
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Embeddedness
Companies are embedded in economic, social, and political systems. They need to preserve a harmonious relationship between these different layers by ensuring trust and reciprocity to avoid sanction and alienation.