Developing practitioners understanding of new concepts: Foundational Economy, Circular Economy, and Social Value

Gary Warpole and Laura Steffes | Cardiff Metropolitan University | Recycling Week 2024

The aim of this 6-month project was to support practitioners in public and third sector organisations in Wales to develop a clearer conceptual and operational understanding of how existing statutory frameworks and concepts like the Well-being of Future Generations (Wales) Act (2015) (WFGA), Foundational Economy (FE)/Community Wealth Building (CWB), Circular Economy (CE) and Social Value can be incorporated within their policies, processes and practices.  The project designed a workshop, informed by social learning theory, to enable practitioners to engage with the terms and reflect on examples of implementation of the concepts with peers to ‘sensemake’ through a shared narrative process. The participants were supported to discuss the terms and develop plans on how to implement the principles of each concept within their workplaces.  The workshop design was informed by Weick’s (1995) sensemaking concept and the work of Nonaka & Takeuchi (1995) research on knowledge creation.

This talk will give an overview of the project findings and will present the processes adopted to enable practitioners to discuss and develop a fuller understanding of the concepts.

About the speaker:

Gary Walpole has thirty years’ experience in business and education, with twenty years in knowledge transfer roles in Higher Education Institutions. Gary is a strategic organization development practitioner academic with an outstanding record of conceptualizing and leading multi-partner, multi-million-pound projects.  A proven track-record of designing, developing and delivering Circular Economy, innovation, leadership and transformation programmes for public and private sector organizations. He is passionate about organisational development through the development of leadership and innovation skills.

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