transcript of a live event and therefore may contain errors. This transcript is the joint property of CaptionsLIVE and the authorised party responsible for payment and may not be copied or used by any other party without authorisation. Page 142 reality? So, over the last 250 years, since the Industrial Revolution, businesses transformed our societies, our economy, and our planet. And businesses have actually done a lot of really positive things during that time. So, our life expectancy has more than doubled, quality of life has dramatically increased for many, but not all. Because the way businesses have also operated is actually created or worsened a lot of the problems that we experience today. So, that profit motive has centralised power and wealth, it has a tragic track record of exploiting people, polluting the planet to maximise that profit. So, that's the problem that we're focused on. And then, as a way to bridge that, looking at how can we help leaders and organisations create great outcomes for people, communities, and our planet - while also being financially successful? So, that becomes a bit of the design challenge, and that's when we start looking at the middle of the Theory of Change. So, the inputs, the activities, what we do with them, the things we create as outputs - that then becomes where we're taking action. And that's where we take action then to try and get us closer to those impacts and that vision that we want to see. And it's really in this area where regenerative design and innovation come in. So, you might be wondering, "What's that?" So, I've tried to come up with a definition, and it's sort of synthesised from a few different sources. But it's an approach that actively works to restore and transform social, environmental and economic systems, and that's so that we've got more resilience and wellbeing for people, places, and life on our planet to thrive. So, that's really the focus of it, that's what we're trying to get towards. And you might also be wondering, "I thought we were doing sustainability? Where did this regen thing come from? Why are you shifting the goalposts on us?" And the reality is we're coming from the far left of this little diagram. So, the conventional way of doing business, as