<div class="xblock xblock-public_view xblock-public_view-vertical" data-init="VerticalStudentView" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@vertical+block@240f82cfad22463bb421bac980665f04" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="vertical" data-course-id="course-v1:MITx+11.405x+2T2020">
<h2 class="hd hd-2 unit-title">Guest Faculty: Otto Scharmer</h2>
<div class="vert-mod">
<div class="vert vert-0" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@44f4430e8d914e428832a2f4c908df3c">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@44f4430e8d914e428832a2f4c908df3c" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="html" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;"><span style="color: #000000;">In this video we will discuss Just Banking in the context of<span style="font-size: 12pt;"> Ego- to Eco-system economies with </span><span style="font-size: 12pt;">Dr. Otto </span><span style="font-size: 12pt;">Scharmer</span><span style="font-size: 12pt;">, Senior Lecturer at the MIT Sloan School of </span><span style="font-size: 12pt;">Management.</span></span></p>
</div>
</div>
<div class="vert vert-1" data-id="block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3">
<div class="xblock xblock-public_view xblock-public_view-video xmodule_display xmodule_VideoBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="video" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "Video"}
</script>
<h3 class="hd hd-2">Interview with Otto Scharmer</h3>
<div
id="video_63017826c1a04ed6a3c41fc7738ebeb3"
class="video closed"
data-metadata='{"generalSpeed": 1.0, "poster": "https://mitx-edx-video-meta-storage.s3.amazonaws.com/media/video-images/73a5817bdb0841aba9608b09ff4d44bb.jpeg?Expires=1638176430&Signature=MceMF8k%2BjIcGJSd3%2BRTt7lFHtOw%3D&x-amz-security-token=IQoJb3JpZ2luX2VjEAgaCXVzLWVhc3QtMSJHMEUCIQD%2FwnBdmGWQXljAkAXbE4yxesA33BUIVQFR%2F%2BnfG8ffWgIgIc5PfoiGmXjUF%2FrdDz3pNGIDXHwQYNHWjCynUgDYXf8qgwQI0f%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARACGgw4NTkyMDU2Mzc0MTEiDMs5liSSDcb6D4gUXyrXA3qJST6D6ARJZuZszj3iBZFLVvcI9vrnOhhqbtFHOUS%2BdGxDj9B6mFH4h8uozncDW%2FsQ3pmJuu%2Bn2ktgaCsYA%2BLj19gKynS5Fi%2BAXgH8jFPA2PhfFf%2FHeyu3Osbz6RUSofH3g8sKxCcEnTPUBPfiF9zotxaz%2FDujzvdW1Cx5i5Kry7xAyG4rU8LLmdwbdx5wi6Y3aCDR79x2wKc1yIsn0BEnlRVouVYe3tkvGmz4OEarJi9sqXCnQ5ZXVwDcH%2B2H%2B7VAwyQcTPXGbRrDEWWOAuttlssERGBzaFMZ2KYBThWgR0OjurZBl0ewy5DNM5rWbcj2XBfxNur7eaOh%2FC1eniFEx4QXsm2lINgRcXPnrh5nn5514gDMKf8pu0EoRI57JkBcKitRjrDDsOVJd2%2BFocddfEcu29nn1%2BNp6NereynW3vYXxXX3cEl4i8NgQvTyYqJYkKGO6lp2%2FB7tskw9UO28zizAaT%2BLtMmFurcuR7e2ezIA8SuOZmGEcWpWSoW5eWGNjCybSOYHVDhlW1Er1ugCch7%2BSLYLyN7y7%2FI36k6tG6qtyPxy6LZ6LHZh1H%2B21kJsY4AAU%2FwhWc9r%2BHFB%2FJfwss8CSxDEjLIOlvfVHGTSqzjBQiuzazDCkJKNBjqlAZgwd7JiVzAICrirFUSvAVPhLBIpkx%2FMBu%2FMWqnQSDX9nLsdBUAEyv4t6fBcnKwXKk9rkl9uV10Eu94TAu4p03LiRxZO0VaviGzSJOxB0qYLcJlZDTUOmCBXSkSoqCHhlhxNgNVvDnvMnocNzu%2FdT1bkCYhYpHp3G9wH2tHDmL6o7QIs3hyXSnJJ4le4RVfqIVZ7wbwbe1nui8buEpsqVcPCFBOVsw%3D%3D&AWSAccessKeyId=ASIA4QDFFSURTXXQP4PR", "lmsRootURL": "https://openlearninglibrary.mit.edu", "publishCompletionUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/publish_completion", "sources": ["https://d2f1egay8yehza.cloudfront.net/MIT11405/MIT114052016-V001800_DTH.mp4", "https://d2f1egay8yehza.cloudfront.net/MIT114052016-V001800/MIT114052016-V001800.m3u8"], "completionPercentage": 0.95, "transcriptTranslationUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/transcript/translation/__lang__", "streams": "1.00:nEsxl1yR-_I", "transcriptAvailableTranslationsUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/transcript/available_translations", "ytTestTimeout": 1500, "autohideHtml5": false, "saveStateUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/xmodule_handler/save_user_state", "speed": null, "autoAdvance": false, "saveStateEnabled": false, "start": 0.0, "ytApiUrl": "https://www.youtube.com/iframe_api", "duration": 884.17, "recordedYoutubeIsAvailable": true, "showCaptions": "true", "end": 0.0, "ytMetadataEndpoint": "", "prioritizeHls": false, "autoplay": false, "captionDataDir": null, "transcriptLanguage": "en", "transcriptLanguages": {"en": "English", "fr": "Fran\u00e7ais", "de": "German", "it": "Italian", "pt": "Portuguese", "es": "Spanish"}, "completionEnabled": false, "savedVideoPosition": 0.0}'
data-bumper-metadata='null'
data-autoadvance-enabled="False"
data-poster='null'
tabindex="-1"
>
<div class="focus_grabber first"></div>
<div class="tc-wrapper">
<div class="video-wrapper">
<span tabindex="0" class="spinner" aria-hidden="false" aria-label="Loading video player"></span>
<span tabindex="-1" class="btn-play fa fa-youtube-play fa-2x is-hidden" aria-hidden="true" aria-label="Play video"></span>
<div class="video-player-pre"></div>
<div class="video-player">
<div id="63017826c1a04ed6a3c41fc7738ebeb3"></div>
<h4 class="hd hd-4 video-error is-hidden">No playable video sources found.</h4>
<h4 class="hd hd-4 video-hls-error is-hidden">
Your browser does not support this video format. Try using a different browser.
</h4>
</div>
<div class="video-player-post"></div>
<div class="closed-captions"></div>
<div class="video-controls is-hidden">
<div>
<div class="vcr"><div class="vidtime">0:00 / 0:00</div></div>
<div class="secondary-controls"></div>
</div>
</div>
</div>
</div>
<div class="focus_grabber last"></div>
<h3 class="hd hd-4 downloads-heading sr" id="video-download-transcripts_63017826c1a04ed6a3c41fc7738ebeb3">Downloads and transcripts</h3>
<div class="wrapper-downloads" role="region" aria-labelledby="video-download-transcripts_63017826c1a04ed6a3c41fc7738ebeb3">
<div class="wrapper-download-transcripts">
<h4 class="hd hd-5">Transcripts</h4>
<ul class="list-download-transcripts">
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/transcript/download" data-value="srt">Download SubRip (.srt) file</a>
</li>
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@63017826c1a04ed6a3c41fc7738ebeb3/handler/transcript/download" data-value="txt">Download Text (.txt) file</a>
</li>
</ul>
</div>
</div>
</div>
</div>
</div>
<div class="vert vert-2" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@e4eb462f093e4aa082a24b3d23459eb0">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@e4eb462f093e4aa082a24b3d23459eb0" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="html" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p><b>Extra Material</b></p>
<p>If you are interested in learning more, here is an article from Otto Scharmer about Ego- to Eco-system economies:</p>
<p>"<strong><a href="https://www.opendemocracy.net/transformation/otto-scharmer/from-ego-system-to-eco-system-economies" target="[object Object]">From Ego-system to Eco-system Economies</a></strong>": Scharmer, Otto. (2013) <span style="line-height: 25.6px;">From Ego-system to Eco-system Economies. <em>openDemocracy</em>.</span></p>
<p>You may also be interested in reading his <strong><a href="https://www.huffpost.com/author/scharmer-243" target="[object Object]">Huffington Post blog</a></strong>.</p>
</div>
</div>
<div class="vert vert-3" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@e672587c12034fab96e1d481843d2d5c">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@e672587c12034fab96e1d481843d2d5c" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="html" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p><strong>Biography</strong></p>
<p class="MsoNormal">Otto Scharmer is a senior lecturer at MIT, Boston, a visiting professor at Tsinghua University, Beijing, and co-founder of the Presencing Institute. A global action researcher, Otto works with leaders in government, global companies, and NGOs to achieve profound innovation across sectors and cultures. He chairs the MIT IDEAS program for cross-sector leadership capacity building in China and Indonesia. <o:p></o:p></p>
<p class="MsoNormal"><a href="http://mitsloan.mit.edu/faculty-and-research/faculty-directory/detail/?id=41401" target="[object Object]">Read more</a></p>
</div>
</div>
</div>
</div>
<div class="xblock xblock-public_view xblock-public_view-vertical" data-init="VerticalStudentView" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@vertical+block@14337a67c64c4cbb91f2043919f7d4d4" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="vertical" data-course-id="course-v1:MITx+11.405x+2T2020">
<h2 class="hd hd-2 unit-title">Ego to Eco-system Economies</h2>
<div class="vert-mod">
<div class="vert vert-0" data-id="block-v1:MITx+11.405x+2T2020+type@html+block@367e0ff4874a44329f91420c218a58d7">
<div class="xblock xblock-public_view xblock-public_view-html xmodule_display xmodule_HtmlBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@html+block@367e0ff4874a44329f91420c218a58d7" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="html" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "HTMLModule"}
</script>
<p><!--StartFragment--> <!--EndFragment--></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;"><span style="color: #000000;">Though Just Banks may seem unique within the banking sector, the ideas that underpin Just Banking are part of a growing movement to change how businesses - not only banks - operate. In this video we will explore what it means to <span style="font-size: 12pt;">operate in the economy </span><span style="font-size: 12pt;">with an awareness </span><span style="font-size: 12pt;">of the system as a whole.</span></span></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: left; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;"><span style="color: #000000;"><span style="font-family: 'Open Sans', Verdana, Arial, Helvetica, sans-serif;"><span style="font-size: 12pt;"><br /></span></span>To download the image from this video, please press the "Download Handout" button under the video player.</span></p>
</div>
</div>
<div class="vert vert-1" data-id="block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb">
<div class="xblock xblock-public_view xblock-public_view-video xmodule_display xmodule_VideoBlock" data-init="XBlockToXModuleShim" data-runtime-version="1" data-graded="False" data-has-score="False" data-usage-id="block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb" data-runtime-class="LmsRuntime" data-request-token="1a97e21c50f211ecbe1b1652d7ed4529" data-block-type="video" data-course-id="course-v1:MITx+11.405x+2T2020">
<script type="json/xblock-args" class="xblock-json-init-args">
{"xmodule-type": "Video"}
</script>
<h3 class="hd hd-2">Ego to Eco-System Economies</h3>
<div
id="video_70de37aaec4b49288d7fff766a991edb"
class="video closed"
data-metadata='{"generalSpeed": 1.0, "poster": "https://mitx-edx-video-meta-storage.s3.amazonaws.com/media/video-images/3703d072eb9448e6b72e2b922a566bd2.jpeg?Expires=1638176430&Signature=5wK8Q3BMBgBHJOCaJS4u0J9Ivn8%3D&x-amz-security-token=IQoJb3JpZ2luX2VjEAgaCXVzLWVhc3QtMSJHMEUCIQD%2FwnBdmGWQXljAkAXbE4yxesA33BUIVQFR%2F%2BnfG8ffWgIgIc5PfoiGmXjUF%2FrdDz3pNGIDXHwQYNHWjCynUgDYXf8qgwQI0f%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARACGgw4NTkyMDU2Mzc0MTEiDMs5liSSDcb6D4gUXyrXA3qJST6D6ARJZuZszj3iBZFLVvcI9vrnOhhqbtFHOUS%2BdGxDj9B6mFH4h8uozncDW%2FsQ3pmJuu%2Bn2ktgaCsYA%2BLj19gKynS5Fi%2BAXgH8jFPA2PhfFf%2FHeyu3Osbz6RUSofH3g8sKxCcEnTPUBPfiF9zotxaz%2FDujzvdW1Cx5i5Kry7xAyG4rU8LLmdwbdx5wi6Y3aCDR79x2wKc1yIsn0BEnlRVouVYe3tkvGmz4OEarJi9sqXCnQ5ZXVwDcH%2B2H%2B7VAwyQcTPXGbRrDEWWOAuttlssERGBzaFMZ2KYBThWgR0OjurZBl0ewy5DNM5rWbcj2XBfxNur7eaOh%2FC1eniFEx4QXsm2lINgRcXPnrh5nn5514gDMKf8pu0EoRI57JkBcKitRjrDDsOVJd2%2BFocddfEcu29nn1%2BNp6NereynW3vYXxXX3cEl4i8NgQvTyYqJYkKGO6lp2%2FB7tskw9UO28zizAaT%2BLtMmFurcuR7e2ezIA8SuOZmGEcWpWSoW5eWGNjCybSOYHVDhlW1Er1ugCch7%2BSLYLyN7y7%2FI36k6tG6qtyPxy6LZ6LHZh1H%2B21kJsY4AAU%2FwhWc9r%2BHFB%2FJfwss8CSxDEjLIOlvfVHGTSqzjBQiuzazDCkJKNBjqlAZgwd7JiVzAICrirFUSvAVPhLBIpkx%2FMBu%2FMWqnQSDX9nLsdBUAEyv4t6fBcnKwXKk9rkl9uV10Eu94TAu4p03LiRxZO0VaviGzSJOxB0qYLcJlZDTUOmCBXSkSoqCHhlhxNgNVvDnvMnocNzu%2FdT1bkCYhYpHp3G9wH2tHDmL6o7QIs3hyXSnJJ4le4RVfqIVZ7wbwbe1nui8buEpsqVcPCFBOVsw%3D%3D&AWSAccessKeyId=ASIA4QDFFSURTXXQP4PR", "lmsRootURL": "https://openlearninglibrary.mit.edu", "publishCompletionUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/publish_completion", "sources": ["https://d2f1egay8yehza.cloudfront.net/MIT11405/MIT114052016-V003600_DTH.mp4", "https://d2f1egay8yehza.cloudfront.net/MIT114052016-V003600/MIT114052016-V003600.m3u8"], "completionPercentage": 0.95, "transcriptTranslationUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/transcript/translation/__lang__", "streams": "1.00:njQxTmH3qm8", "transcriptAvailableTranslationsUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/transcript/available_translations", "ytTestTimeout": 1500, "autohideHtml5": false, "saveStateUrl": "/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/xmodule_handler/save_user_state", "speed": null, "autoAdvance": false, "saveStateEnabled": false, "start": 0.0, "ytApiUrl": "https://www.youtube.com/iframe_api", "duration": 324.57, "recordedYoutubeIsAvailable": true, "showCaptions": "true", "end": 0.0, "ytMetadataEndpoint": "", "prioritizeHls": false, "autoplay": false, "captionDataDir": null, "transcriptLanguage": "en", "transcriptLanguages": {"en": "English", "fr": "Fran\u00e7ais", "de": "German", "it": "Italian", "pt": "Portuguese", "es": "Spanish"}, "completionEnabled": false, "savedVideoPosition": 0.0}'
data-bumper-metadata='null'
data-autoadvance-enabled="False"
data-poster='null'
tabindex="-1"
>
<div class="focus_grabber first"></div>
<div class="tc-wrapper">
<div class="video-wrapper">
<span tabindex="0" class="spinner" aria-hidden="false" aria-label="Loading video player"></span>
<span tabindex="-1" class="btn-play fa fa-youtube-play fa-2x is-hidden" aria-hidden="true" aria-label="Play video"></span>
<div class="video-player-pre"></div>
<div class="video-player">
<div id="70de37aaec4b49288d7fff766a991edb"></div>
<h4 class="hd hd-4 video-error is-hidden">No playable video sources found.</h4>
<h4 class="hd hd-4 video-hls-error is-hidden">
Your browser does not support this video format. Try using a different browser.
</h4>
</div>
<div class="video-player-post"></div>
<div class="closed-captions"></div>
<div class="video-controls is-hidden">
<div>
<div class="vcr"><div class="vidtime">0:00 / 0:00</div></div>
<div class="secondary-controls"></div>
</div>
</div>
</div>
</div>
<div class="focus_grabber last"></div>
<h3 class="hd hd-4 downloads-heading sr" id="video-download-transcripts_70de37aaec4b49288d7fff766a991edb">Downloads and transcripts</h3>
<div class="wrapper-downloads" role="region" aria-labelledby="video-download-transcripts_70de37aaec4b49288d7fff766a991edb">
<div class="wrapper-download-transcripts">
<h4 class="hd hd-5">Transcripts</h4>
<ul class="list-download-transcripts">
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/transcript/download" data-value="srt">Download SubRip (.srt) file</a>
</li>
<li class="transcript-option">
<a class="btn btn-link" href="/courses/course-v1:MITx+11.405x+2T2020/xblock/block-v1:MITx+11.405x+2T2020+type@video+block@70de37aaec4b49288d7fff766a991edb/handler/transcript/download" data-value="txt">Download Text (.txt) file</a>
</li>
</ul>
</div>
<div class="wrapper-handouts">
<h4 class="hd hd-5">Handouts</h4>
<a class="btn-link" href="/asset-v1:MITx+11.405x+2T2020+type@asset+block@1.10_EgoToEcoSystemEconomies.png">Download Handout</a>
</div>
</div>
</div>
</div>
</div>
</div>
</div>