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Date: 2022-05-27 Page is: DBtxt003.php L0900-SEES-complex-world-01a
HOW THE SOCIO-ENVIRO-ECONOMIC SYSTEM WORKS
IT'S A COMPLEX WORLD!
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Incredible complexity ... and progress is also complex!
 •   Managing complexity is difficult.
 •   In recent years, the system has been managed mainly to benefit owners of financial capital.
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Understanding ValueAdd What change for all the capitals?
 •   Activities use resources;
 •   The activites aim to produce a valueadd;
 •   The increase in valueadd is a measure of progress or effectiveness;
 •   The use of resources to achieve this progress is a measure of efficiency.
 •   Valueadd has three components: Social, Environmental and Economic;
 •   Progress is the improvement in Value from beginning to end of the period.
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