By Sylvian Richer de Forges (Siloso beach resort, Director of Sustainability, Singapore)
The similarities between the natural and business world suggest that nature-inspired business models should be adopted instead of current frameworks which are clearly unfit for current and future challenges ahead such as tackling climate change.
Sylvian floated the ideas of "universities as incubators". Universities provide a unique setting to facilitate biomimicry. Led by the faculty of biology, identified traits of interest within species could easily be passed on to other faculties such as engineering, medical sciences, chemistry, social sciences and others as needed in order to mimic and adapt the traits for commercial industrial applications.
Communication issues and mind-set changes are challenges that need to be addressed.