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Date: 2024-12-07 Page is: DBtxt001.php L0700-SEES-SOCIO
THE SOCIO-ENVIRO-ECONOMIC SYSTEM
SOCIAL CAPITAL / PEOPLE
PUTTING PEOPLE AT THE CENTER OF EVERYTHING
IMPROVING DECISIONS FOR THE BENEFIT OF PEOPLE AND ALSO SUSTAINABLE
THIS PAGE L0700-SEES-SOCIO GO TO L0700-SEES-ENVIRO GO TO L0700-SEES-ECONOMIC
NAVIGATION within SOCIAL CAPITAL
SOCIAL CAPITAL OVERVIEW
Everything aspect of PEOPLE
InPage SOCIAL Open L0700-CS-SC-HC-HUMAN-CAPITAL
Human Capital (HC)
Everything to do with PEOPLE
InPage HC Open L0700-CS-SC-HC-HUMAN-CAPITAL
Relationship Capital (RC)
Corporate Net Present Value, Capital Market Value , Financial Wealth
InPage RC Open L0700-CS-SC-RC-RELATIONSHIP-CAPITAL
Locational Capital (LC)
Place ... where everything comes together into a coherent whole ... or not
InPage LC Open L0700-CS-SC-LC-LOCATIONAL-CAPITAL
Cultural Capital (CC)
All sorts of things that make life worth living
InPage CC Open L0700-CS-SC-CC-CULTURAL-CAPITAL
Spiritual Capital (SC)
All sorts of things that make life worth living
InPage SC Open L0700-CS-SC-SC-SPIRITUAL-CAPITAL
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SOCIAL CAPITAL
The most important capital by far ... the purpose of living life!
GO TOP
HUMAN
CAPITAL
RELATIONSHIP
CAPITAL
LOCATIONAL
CAPITAL
CULTURAL
CAPITAL
SPIRITUAL
CAPITAL
Individual

The basis for everything important ...
Family / Community

The family an important part of the social structure
Place / Community

The place factors into quality of life
Tradition / Arts
History, music, dance, drama give flavor to life
Religion
Has had an important role for millenia
SOCIAL CAPITAL reflects the value of people and everything about the human dimension of the socio-enviro-economic system.
It is a composite of everything that makes up the 'value' of the individual, and then combines this with connections and relationships, what we call Relationship Capital, and in addition combines this with the value add enabled by the place, something we call Locational Capital. So for example. a young baby has an inherent value as an individual, but this value is enhanced enormously by the relationship of the baby with the parent. Later in life the growing child and the young adult with have value enhanced by the extended family and friends ... more raltionship capital.
And a young baby fortunate enough to be born in a rich stable country there is a value enhancement, while a baby unlucky enough to be born in a war zone, then there is value degradation ... these are the impacts of locational capital.

People Centric Progress
Text from a chapter in a book manuscript drafted around 2003
Open L0700-TVM-People-Centric-Progress
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Individual ... Human Capital
Quality of life at the individual level
Past: Value emerging from childhood, parenting, education, healthcare, family and friends, experience ...
Present: Current situation, job and earnings, family and friends, housing, health, wealth, etc. ...
Future: How well prepared. Possibilities in the place.
Family & Friends ... Relationship Capital
The family and friends are important parts of the social structure
The relationships associated with family, friends and connections magnifies or diminishes human capital.
A good idea that is never shared has no value, but the network effect of many connections may make it valuable.
Place / Community ... Locational Capital
The place factors into quality of life ... the place really matters.
A high potential place augments social capital and is diminished by a low performance place.
A really smart place is driven by strategy where the potential of people is well understood and used to good effect.
Tradition / Arts ... Cultural Capital
History, music, dance, drama give flavor to life. Without all these different aspects of culture, the world is far less interesting and quality of life much more limited.
Religion ... Spiritual Capital
Religion had an important role for millenia. At some level the spiritual dimension of life is more important than materialism. The fact that the supernatural has been of interest for ever says something about its importance.
.

HUMAN CAPITAL
The most important capital by far ... the purpose of living life!
GO TOP
Human Capital / Babies / Families / Healthy Food

Human Capital (HC)
Everything to do with PEOPLE
Open L0700-CS-SC-HC-HUMAN-CAPITAL

RELATIONSHIP CAPITAL (RC) GO TOP
Relationship Capital manifests in many different ways. It may be observed as a child grows up and participates in team sports. When the child starts to play as part of the team, the performance improves. The same sort of behavior goes on inside every organization ... as well as happening in every family, community and grouping of people.
Relationship Capital has value in another way as well. When an idea or any other sort of knowledge is kept to oneself, it really has not much value compared to the value it gains when it is shared around a community of people.
Modern initiatives like Social Media are taking advantage of Relational Capital in interesting ways. The business model that has emerged is one that seems to appropriate most of the value of digital relationships for the benefit of the platform operators and advertisers with rather little of meaningful value accruing to the people who are using these platforms.
Relationship Capital (SC)
The value arising with teams and groups ... better together
Open L0700-CS-SC-RC-RELATIONSHIP-CAPITAL

LOCATIONAL CAPITAL (LC) GO TOP
Place really matters. When a place is dysfunctional, then quality of life is degraded. There are many ways in which a place can be dysfunctional. It may be the politics and the governance of the place, or it may be more natural issues like extreme weather and flooding, or it may be lack of essential services ... in fact everything is important, and all of it comes together in a place where everything must work in order for people to achiev an optimum quality of life.
TPB note: I realized the importance of place many years ago when I was working for the UN in Africa ... specifically in Sudan. Juba and Tei in the Equatorial Region of Sudan were totally different places. Juba was the Government Center for the Region, and Yei was a town surrounded by a large population (I think around 250,000 if my memory is right) of refugees from Uganda. These two places were about as different as they could be ... and this made me curious.
Locational Capital (LC)
Place ... where everything comes together into a coherent whole ... or not
Open L0700-CS-SC-LC-LOCATIONAL-CAPITAL

THE VALUE OF PEOPLE / HUMAN CAPITAL
THE PEOPLE ECONOMY ... QUALITY OF LIFE / STANDARD OF LIVING / HUMAN CAPITAL AND SOCIAL CAPITAL
Open L0700-UA-SC-Human-Capital
HUMAN CONTRIBUTION - TIME / MANPOWER / BRAINPOWER
TIME ... THE ENERGY - BRAWN AND BRAIN TO THINGS BETTER ... OR NOT!
COST OF PEOPLE / PRODUCTS ... CONSUMPTION - STANDARD OF LIVING
PRODUCTS FLOW THROUGH THE SYSTEM TO ENABLE QUALITY OF LIFE

QUALITY OF LIFE
QUALITY OF LIFE
QUALITY OF LIFE is the foundational value associated with the a person, a family and a community. Many things go into quality of life, some are essential needs that must be satisfied and some are personal preferences. Products ... that is goods and services of many types are needed to support quality of life.
Open L0700-PE-QL-PEOPLE-QUALITY-OF-LIFE

STAGES OF LIFE
STAGES OF LIFE
SEGMENTATION BY DEMOGRAPHY / SEGMENTATION BY AGE AND GENDER
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.

SOCIETY / SOCIAL CAPITAL
SOCIETY / SOCIAL CAPITAL
PEOPLE AS A COLLECTIVE ... IN COMMUNITY
Another manifestation of community ... bigger / broader.

PERSONAL FINANCIAL WEALTH
PERSONAL FINANCE
Personal financial issues are not well understood by most people ... and massive amount of exploitation by banks, corporates and business in general.

CONNECTIONS / NETWORKS
PEOPLE / NETWORKS / CONNECTIONS
Networks and connections have always been important ... but have much more importance in the modern very connected world
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

BURGESS BOOK ... TURNING DEVELOPMENT UPSIDE DOWN
CHAPTER 6 ... PEOPLE … HUMAN RESOURCES
TPB note: The bulk of this text was drafted prior to 2006. Some minor edits have been made to this version of the text (170814)
People are the key to everything. They are the latent force and the limiting constraint. People are human, with all the problems that go along with that. What is the human potential? What is needed so that people can do the maximum that they are capable of? An increase in population should be a positive for development success rather than being a negative that reduces wealth.

Recent development thinking has people as liabilities and users of scarce resources rather than being human assets that help produce and create wealth. The chapter challenges some of the issues about people that are used to explain development failure but which are more about the way organizations and societies fail people. It raises the question about people's wasted potential, lack of opportunity and disorganized organizations. It takes up the issue of how organizations with ineffective systems and processes destroy the potential of good people to do great work.

The focus of development is about people who are both beneficiaries and the instruments of development, either individually or through some form of organization. There is a need to envision development from the perspective of the people who are failing and hopeless under the prevailing development paradigm and optimize development from that perspective.
TDUD-06-v161104-People-Human-Resources.pdf
'http://www.truevaluemetrics.org/DBpdfs/Burgess/Book-TDUD/TDUD-06-v161104-People-Human-Resources.pdf'
Open PDF ... TDUD-06-v161104-People-Human-Resources
L0700-TVM-People-Centric-Progress
Text from a chapter in a book manuscript drafted around 2003
Open L0700-TVM-People-Centric-Progress
Navigation to -->
MainNav
SlideNav
PEOPLE / HUMAN RESOURCES ... FOCUS ON PEOPLE
From Chapter 17 - Turning Development Upside Down / REFORMS NEEDED FOR SOCIO-ECONOMIC PROGRESS / LESSONS FOR THE INTERNATIONAL DEVELOPMENT COMMUNITY
based on the author's experience over a period of more than 40 years
Open bk009170200

THE VALUE OF PEOPLE / HUMAN CAPITAL
THE VALUE OF PEOPLE / HUMAN CAPITAL
THE PEOPLE ECONOMY ... QUALITY OF LIFE / STANDARD OF LIVING / HUMAN CAPITAL AND SOCIAL CAPITAL
Open L0700-HC-HUMAN-CAPITAL GO n1-SlideNav-for-TVA #PEOPLE
HUMAN CONTRIBUTION - MANPOWER / BRAINPOWER
THE ENERGY - BRAWN AND BRAIN TO MAKE EVERYTHING WORK ... OR NOT!
COST OF PEOPLE / PRODUCTS ... CONSUMPTION - STANDARD OF LIVING
PRODUCTS FLOW THROUGH THE SYSTEM TO ENABLE QUALITY OF LIFE
OPen L0700-SS-PRODUCTS GO #PRODUCT

QUALITY OF LIFE
QUALITY OF LIFE
QUALITY OF LIFE is the foundational value associated with the a person, a family and a community. Many things go into quality of life, some are essential needs that must be satisfied and some are personal preferences. Products ... that is goods and services of many types are needed to support quality of life.
Open L0700-QL-PEOPLE-QUALITY-OF-LIFE

STAGES OF LIFE
STAGES OF LIFE
SEGMENTATION BY DEMOGRAPHY / SEGMENTATION BY AGE AND GENDER
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.

SOCIETY / SOCIAL CAPITAL
SOCIETY / SOCIAL CAPITAL
PEOPLE AS A COLLECTIVE ... IN COMMUNITY
Another manifestation of community ... bigger / broader.

PERSONAL FINANCIAL WEALTH
PERSONAL FINANCE
Personal financial issues are not well understood by most people ... and massive amount of exploitation by banks, corporates and business in general.

CONNECTIONS / NETWORKS
PEOPLE / NETWORKS / CONNECTIONS
Networks and connections have always been important ... but have much more importance in the modern very connected world
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

LOCATIONAL CAPITAL GO TOP
Navigation
PEOPLE / HUMAN RESOURCES ... FOCUS ON PEOPLE
From Chapter 17 - PEOPLE / HUMAN RESOURCES ... FOCUS ON PEOPLE
From the Burgess Book 'Turning Development Upside Down'
REFORMS NEEDED FOR SOCIO-ECONOMIC PROGRESS / LESSONS FOR THE INTERNATIONAL DEVELOPMENT COMMUNITY
based on the author's experience over a period of more than 40 years
Open bk009170200

THE VALUE OF PEOPLE / HUMAN CAPITAL
ABOUT THE ELDERS
Open file 13683

ALSO
ECONOMIC CAPITAL / THE ECONOMY
Buildings, Infrastructure, Equipment, Vehicles, etc.
Open L0700-SEES-ECONOMIC
FINANCIAL CAPITAL (FC)
Corporate Net Present Value, Capital Market Value , Financial Wealth
Open L0700-CS-EC-FC-FINANCIAL-CAPITAL
PHYSICAL CAPITAL (PC)
Buildings, Infrastructure, Equipment, Vehicles, etc.
Open L0700-CS-EC-PC-PHYSICAL-CAPITAL
INTANGIBLE CAPITAL (IC)
Knowledge, Institutions, Culture and a whole lot more
Open L0700-CS-EC-IC-INTANGIBLE-CAPITAL
Knowledge Capital (KC)
Scientific Knowledge
Open L0700-CS-IC-KC-KNOWLEDGE-CAPITAL
Institutional Capital (IC)
Governance, Rule of Law, OrganizationS
Open L0700-CS-EC-IC-IC-INSTITUTIONAL-CAPITAL
NATURAL CAPITAL / THE ENVIRONMENT
Everything to do with nature ... the source of all value add
Open L070-SEES-ENVIRO
Natural Capital (NC)
The utterly amazing foundation for everything ... that is EVERYTHING
Open L0700-CS-NC-NATURAL-CAPITAL



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