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Meaningful Metrics for a Smart Society
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Date: 2017-07-27 Page is: DBtxt001.php L0700-RE-PEOPLE

REPORTING ENTITIES ... PEOPLE
THE INDIVIDUAL PERSON ... BENEFICIARY OF A BETTER WORLD AND CONTRIBUTOR TO A BETTER WORLD
Human Capital / Babies / Families / Sports Team
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THE PEOPLE PERSPECTIVE
THE PEOPLE PERSPECTIVE
The purpose of everything should be to ... improve quality of life. It is the essence of humanity ... and should be the main measure of success.
An individual's wealth (financial capital) is only one contributing part of what makes up a person's quality of life ... an individual's human capital, but only a part.
Human capital in the present has been achieved by an individual's history … such things as parenting, nutritious food, good healthcare, good education, good surroundings, role models and so forth. Skills and experience are accumulated over time. There is a historic cost to getting these things, but the value accumulation is reflected in the present. Past earnings that are not spent but saved, factor into the human capital of the present.
Society or community also feeds into an individual's human capital. A society that has no violence and is supportive of an individual adds to human capital. A society where there is a future full of opportunity is also part of the state of human capital in the present.
The present value of the future depends on what the future looks like, but also depends on what the individual has done in the past to be in a position to take advantage of the future.

QUALITY OF LIFE
QUALITY OF LIFE
Many things go into quality of life ... history, the present and the future ... and a very wide range of social, environmental and economic elements
Open L070-QL-QUALITY-OF-LIFE

HUMAN CAPITAL QUANTIFICATION (placeholder)

PEOPLE - THEIR VALUE, COST AND CONTRIBUTION
PEOPLE ... THEIR VALUE
A person ... a human being ... has a certain intrinsic value. This value is not normally expressed in money terms, in fact it is rarely numbered in any way at all.
An individual human life has a huge value. Young mothers often describe the value of their new baby as being 'priceless'.
For the purpose of numbering ... a human life may be assigned a value of 1,000,000 ... that is one million. This is not a million units of currency (e.g. dollars) but a specific measure related to human value or human capital.
PEOPLE ... THEIR COST
A person cannot survive without some basic needs ... food, water, shelter, clothes and some other supplies. These are the basic costs of human survival.
PEOPLE ... THEIR CONTRIBUTION
A person has capabilities that are able to be used in order to do things that enable needs to be satisfied.

THE TVA DYNAMIC OF PEOPLE AND THEIR QUALITY OF LIFE
THE CHANGES THAT HAPPEN OVER A LIFETIME
STAGES OF LIFE
A person lives a lifetime ... maybe short or long. The dynamic of a person's life changes over time depending on their stage in life.
When a person is born, all of this person's life is in the future. When a person is old, most of life is behind ... in the rear-view mirror. Very different components go into an understanding a person's value as the years pass from being born to being a senior and going through a series of stages.
CHILDREN / YOUNG PEOPLE
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
WORKING AGE ADULTS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
POST WORK SENIORS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective

SEGMENTATION OF THE POPULATION (I)
DIFFERENT WAYS PEOPLE GROUP TOGETHER

DEMOGRAPHIC SEGMENTATION
People do different things and have different needs and priorities. Segmentation to understand this is essential to manage for better outcomes and less inequality. Different people have different interests. Basic needs are similar, but wants change between different classes of people.
AN INDIVIDUAL
Every individual should be a positive part of the global system ... everyone ... not just those with wealth and power and therefore influence!
GO SlideNav-for-TVA#PEOPLE
THE FAMILY
Family has been an important component of society for thousands of years ... and still important!
FRIENDS
Almost as important as family ...
COMMUNITY
An important part of the foundation for quality of life ...
SOCIETY / SOCIAL CAPITAL
Another manifestation of community ... bigger / broader.

SEGMENTATION OF THE POPULATION (II)
DIFFERENT GOALS FOR PEOPLE DEPENDING ON STATION IN LIFE

EMPLOYEES / WORKERS / HUMAN CAPITAL
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
C-SUITE DECISION MAKERS / DIRECTORS / TOP MANAGERS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
BANKERS / INVESTORS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective

CONTRIBUTION
THE CHANGES THAT HAPPEN OVER A LIFETIME
INCOME PRODUCING ACTIVITIES
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
RECREATION
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective

PERSONAL FINANCE
BUILDING MONEY WEALTH AND FINANCIAL SECURTY

PERSONAL FINANCE
Personal financial issues are not well understood by most people ... and massive amount of exploitation by banks, corporates and business in general.
THE ROLE OF WEALTH
An individual's wealth (financial capital) is only one contributing part of what makes up a person's quality of life ... an individual's human capital, but only a part.
Human capital in the present has been achieved by an individual's history … such things as parenting, nutritious food, good healthcare, good education, good surroundings, role models and so forth. Skills and experience are accumulated over time. There is a historic cost to getting these things, but the value accumulation is reflected in the present. Past earnings that are not spent but saved, factor into the human capital of the present.

PEOPLE NETWORKS AND CONNECTIONS
IMPORTANT FOR GETTING THINGS DONE

PEOPLE / NETWORKS / CONNECTIONS
Networks and connections have always been important ... but have much more importance in the modern very connected world
Open L0200-PEOPLE
PEOPLE
Some of the people that have had or are having some influence on the development of TVA ... for good and bad
Open L0200-PEOPLE
PEOPLE / CONNECTIONS ... Burgess Linkedin Connections
Peter Burgess Linkedin Connections ... family name alphabetical ... several thousand
Open list 0600L-Alphabetical
THINKERS
NAVIGATION TO THINKERS / PEOPLE ... THOUGHT LEADERS ... in ALPHABETICAL SEQUENCE
Open L0200-THINKERS
Quality of Life(TO COME)
Quality of Life
Spiritual Capital (TO COME)
Spiritual Capital
TO COME
Measuring Human Capital (TO COME)
Measuring Human Capital
Perspective(TO COME)
Human Capital is valued from the perspective of the individual. This is not the same as the value of human capital from the employer perspective.
A person's history (TO COME)
A person's history factors into the value of human capital. It is history that has enabled the present and opens the potential of the future
A person's surroundings(TO COME)
A person's surroundings together with history factor into the value of human capital. It is surroundings that influence the state of quality of life in the moment.
A person's future surroundings(TO COME)
A person's future surroundings together with a person's history factor in the opportunities and future potential ... which when discounted back to the present are a part of the present state of quality of life

The Value of People from the perspective of the Company
Company ... Pategonia ... The Value of People
Patagonia: The Incomparable Authentic Brand ... Excerpts from a book by Marc Stoiber
Open file 9146

MDIA-p3-03-0-SOCIAL-CAPITAL
Open in slideshare

COMPONENTS OF SOCIETY / SOCIAL CAPITAL / HUMAN CAPITAL
There are many things that go into a good society and one where human capital can be at its best. These things have rarely been quantified, no matter how important they are to quality of life.







Overview of the PEOPLE perspective
For any individual, 'me' is the center of the universe. No matter what, an individual sees the world from his or her own perspective. Nothing else is possible. A system of metrics must therefore be able to show data that relects this reality. A person also is present in a reality that has several components. These are the past, the future and the present, all of which factor into the quality of life being experienced by an individual at any moment in time.
An effective metric for any entity must address state, progress and performance. This requires relevant data about state and flow. These elements are influenced by the individual and by the surroundings, starting off with family and friends and including also the broader society, economy and environment.
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More about the past
More about the future
More about the present

Impact of the PAST
The PAST accumulates
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Open list0300-MDIA-Economic-Activity

Impact of the FUTURE
The FUTURE may be all about possibilities, but these future possibilities feed back into the PRESENT.
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Open list0300-MDIA-Organization

Impact of the PRESENT
The PRESENT is the here and now. The present is impacted by the past and the future, and is also impacted by the surroundings as they are at the present.
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Open list0300--MDIA-People




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