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Date: 2019-07-21 Page is: DBtxt001.php L070-PS-PERSPECTIVES

PERSPECTIVES
Things look different depending on where one is standing
A profit / business perspective is not the only one ... and not the best one!

MULTIPLE PERSPECTIVES
PEOPLE / ORGANIZATIONS / PLACES / PROCESSES / PRODUCTS / STREAMS / SECTORS
Raw Materials / Manufacturing / Food / Transportation
Reporting about organizations dominates economic discussion, and to a lesser extent national economic performance.
This ignores the critical matter of people and their quality of life, and the environment upon which everything ultimately depends.
In TVIA there is a complete range of reporting entities so that everything is embraced.
The same data architecture is used everywhere and for everything ... the data represents a fact which may have a different look depending on where the observer stands.
For example: a high salary is good for the employee, but reduces profit for the business and investors.
InPage Navigation
More InPage for PEOPLE Go InPage PEOPLE
More InPage for ORGANIZATIONS Go InPage ORGANIZATIONS
More InPage for PLACES Go InPage PLACES
More InPage for PROCESSES Go InPage PROCESSES
More InPage for PRODUCTS Go InPage PRODUCTS
More InPage for STREAMS / STRANDS / STRINGS Go InPage STREAMS / STRANDS / STRINGS
More InPage for SECTORS / INDUSTRIES Go InPage SECTORS / INDUSTRIES

PEOPLE
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
Human Capital / Babies / Families / Healthy Food
People are the most important part of the socio-enviro-economic system ... everything else supports the quality of life of people. TVIA makes the reporting about people a key part of the reporting framework.
The original purpose of economic activity was to improve and maintain quality of life for an individual and the family. For most of recent history there has been a favorable relationship between the profit performance of an organization and the wages of people, which in turn improved and maintained quality of life. This assumption is baked into much of the enviro-socio-economic analysis that is routinely reported to the public. However, in the past 40 years productivity has increased at a fast pace, with the result that less and less people are needed for the same level of production. The dynamic is more productivity leads to less labor and more profit ... in other words a good result for owners of the organization and a bad result for working people and society as a whole. MDIA accounts for not only the impact on the organization, but the impact on people and the impact on place (society).
More about PEOPLE Open L070-PE-PEOPLE
More about PEOPLE as ACTORS Open L0700-PE-AC-PEOPLE-as-ACTORS
More about HUMAN CAPITAL Open L0700-CS-SC-HC-HUMAN-CAPITAL

ORGANIZATIONS
HOW ONE THING AND EVERYTHING IMPACTS ON EVERYTHING ELSE ... TBL / ALL THE CAPITALS
Banks / E-Business / Big retail / Franchise chains / Small business
Organizations report more than any other part of the socio-enviro-economic system, but the focus is all about financial performance and the impact for owners / investors. External impacts are ignored in conventional accounting and financial reporting. TVIA builds on the existing conventional accounting making it possible to also report on material externalities that impact people, society and the environment.
Big name business schools have taught many generations of students how to do analysis and make decisions for an organization so that the performance of the organization is optimized. Conventional accounting is at the core of this analysis, and profit is the main metric. This is excellent for those with ownership interest in the organization, but not for the other stakeholders. Conventional metrics for the organization completely ignore the impact of the organization on society as a whole and the environment. The dynamic of the system and the dominant metrics means that as profit for the organization rises, so also does the value of the company to its owners. TVM accounts for the relationship between the profit of organization and the impact on everything else ... all the actors ... all the capitals.
More about ORGANIZATIONS Open L070-OG-ORGANIZATIONS
More about ORGANIZATIONS as ACTORS Open L0700-OG-AC-ORGANIZATIONS-as-ACTORS

PLACES
PLACE IS WHERE PEOPLE LIVE THEIR LIVES AND EVERYTHING IS LOCATED.
Cities / Suburbs / Rural areas / Industrial areas / Mountains / Wetlands
A PLACE is where economic activity consumes resources, degrades the environment and produces products that a needed and wanted by people. A PLACE is where all the sectors come together to enable quality of life and everything else.
The performance of a place should be relatively easy to understand. A place does not move. A place is where people live and work. A place is where discreet economic activities are located. People are able to observe what is going on. The data collected may be verified in ways that are not possible when they get merged into larger data systems. Pollution can be observed and tied back to specific economic activities and to the responsible owners. Place is a part of planet ... but place is human scale, while planet tends to be too large for most of us to understand.
More about PLACES Open L070-PL-PLACES
More about PLACE (Slideshare) GO Slidenav #PLACE

PROCESSES
ENABLE PRODUCTS TO BE PRODUCED MORE OR LESS EFFICIENTLY
Raw Materials / Manufacturing / Food / Water / Health / Education / Recreation
Processes have been optimized by organizations in order for the organization to make the most profit while ignoring associated impact on people, society and the environment. TVIA gives strong incentive for the performance of process to be optimized for the benefit of all of the socio-enviro-economic system.
It is impossible to have meaningful accountability in a very big organization with many different activities. This may suit those that benefit from the performance of big organizations but for society as a whole, this is a problem. Inside the corporate organization there is impressive data collection, analysis and accountability down the level of dapartment, section, individual machine and worker and every product ... but all of this is private and proprietary. From the outside it is possible to get accountability for individual discreet economic activities even though this may be resisted by big organization owners. Specific financial performance may not be accessible, but useful approximations may be made, and judgement about performance relative to the environment in the place and people in the society may be made.
More about PROCESSES Open L070-PC-PROCESSES
More about PROCESSES (slideshare) GO Slidenav #PROCESSES

PRODUCTS
STUFF ... GOODS AND SERVICES ... THAT ARE ESSENTIAL FOR QUALITY OF LIFE FOR PEOPLE
Food /
Organizations know a lot about the products that flow into and are produced by the organization. TVIA uses a system of Standard Value Profiles to inform people at large about the value of products and the impact of products on the socio-enviro-economic system.
Probably more than anything else, it is PRODUCT ... goods and services ... that enables quality of life. For most of history, product was scarce because knowlege and productivity was low, but in the past 300 years, there has been amazing technological progress and in the 21st century there is the capacity to make a huge amount of product which in turn can support a good quality of life for everyone. The downside of this is that the manufacturing processes that are used do damage to the environment, and the management systems for organization tend to focus on products with a maximum of profitability rather than products that have the maximum of net impact. In the end it is through product that people are going to have the most impact on the decisions of organizations and in turn on the overall enviro-socio-economic system. When people change their behavior with respect to product, then everything changes.
More about PRODUCTS Open L070-PD-PRODUCTS
More about PRODUCTS (slideshare) GO Slidenav #PRODUCTS


PERSPECTIVES for MDIA Go TOP

The many PERSPECTIVES of MDIA
Conventional accounting has a focus on the business organization and only does the reporting from the perspective of the organization and its owners. MDIA enables accounting and reporting in many dimensions and from many very perspectives especially :
...... Profit (the Organization);
...... The discreet economic activity;
...... People;
...... Place (Planet);
...... Product; and
...... Process.
Open list0300-MDIA-Perspectives
Perspective of the ORGANIZATION
The profit performance of an ORGANIZATION has been at the center of economic performance analysis for generations and is very important, but the profit performance of an organization and the stock value or the organization are not a good proxy for the performance of society as a whole. The organization is a key economic actor, but the metrics for performance should reflect impact on all capitals.
Open list0300-MDIA-Perspective-Organization
Perspective of the DISCREET ECONOMIC ACTIVITY
The discreet economic activity is the one that drives everything. In a corporate organization a department might operate as a discreet economic activity, and its performance aggregates into the overall performance of the organization. A discreet economic activity in a place aggregates for the place and impacts everything: organization, people and natural capital.
Open list0300-MDIA-Discreet-Economic-Activity
Perspective of PEOPLE
The underlying purpose of economic activity is to improve and maintain quality of life for an individual and the family. In turn the behavior of people has an impact on everything. There are also different results depending on what role a person has in the economy.
Open list0300--MDIA-Perspective-People
Perspective of the PLACE
A place does not move. A place is where people live and work. A place is where discreet economic activities are located. A place is where important externalities can be observed and where it is possible to have practical accountability.
Open list0300--MDIA-Perspective-Place
Perspective of PROCESS
PROCESS is a part of FLOW, and the piece that is responsible for transformation in the enviro-socio-economic system. It is the relationship between inputs and outputs in a PROCESS that determine the efficiency and effectiveness of the system These are very important in the progress and performance of the system.
Open list0300-MDIA-Perspective-Process
Perspective of PRODUCTS
Probably more than anything else, it is PRODUCTS ... goods and services ... that enable quality of life. PRODUCTS flow through a supply chain, into an economic activity / organization as inputs and then as PRODUCTS that get purchased by people, and then used and eventually go into a post-use waste chain. Improve PRODUCTS along their complete life cycle and eveything else improves.
Open list0300-MDIA-Perspective-Product

STREAMS / STRANDS / STRINGS
HOW ONE THING AND EVERYTHING IMPACTS ON EVERYTHING ELSE ... FOR GOOD AND BAD
Raw Materials / Manufacturing / Food / Water / Health / Education / Recreation
The socio-enviro-economic system is complex and connected. TVIA enables the analysis of STREAMS / STRANDS / STRINGS because most PRODUCTS flow through many PLACES, through many PROCESSES and ORGANIZATIONS and have a variety of impacts on PEOPLE, on SOCIETY and on NATURE
More about STREAMS / STRANDS / STRINGS Open L070-SS-STREAMS-STRANDS-STRINGS

SECTORS / INDUSTRIES
WHERE SPECIALIZATION ENABLES HIGH PERFORMANCE ... OR NOT
Agriculture / Manufacturing / Energy / Construction / Mining / Education / Health / Recreation
Sector or industry statistics are not very useful as metrics for management. However sectors and industries serve as centers of technical excellence, while also suffering the problem of 'silos'. For example, many of the UN's specialized agencies are organized along sector or industry lines.
More about SECTORS-INDUSTRIES Open L070-SI-SECTORS-INDUSTRIES
GO Slidenav #SECTORS



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