Next Economy Now: For the Benefit of All Life A Theory of Change: Closing the Skills Gap for the Next Economy (with Kevin Bayuk)
Jul 29, 2025
In this conversation, Kevin Bayuk, Partner and worker owner at LIFT Economy, addresses critical skills gaps that hinder the growth of community-centered economies. He emphasizes the need to rethink educational frameworks to foster sustainable practices. Kevin also discusses the tension between organizational hierarchy and collaboration, underlining the importance of balance for shared power. Financial literacy emerges as a key theme, highlighting how essential it is for empowering communities and fostering equitable development.
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Training and Skills Gap Exist
- There is a significant training and skills gap for people wanting to build community-centered, regenerative economy organizations.
- Most existing business education is rooted in 'business as usual' norms focused on profit and personal gain, not systems change.
Traditional MBAs Miss Core Needs
- Traditional MBA programs focus on personal enrichment and profit, often ignoring systemic change and community benefits.
- Lyft Economy addresses skills for building shared-power, community-benefiting organizations that prioritize environmental and social well-being.
Build Collaborative Leadership Skills
- Develop skills in dialogue, shared power, adaptive responsiveness, and balanced organizational structure.
- Learn to apply financial literacy and community collaboration without replicating hierarchical, profit-focused models.
