Mdia p3-02-the-people-dimension-150420

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Mdia p3-02-the-people-dimension-150420

  1. 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-02-The-PEOPLE-Dimension-150420.odp Peter Burgess (c) All rights reserved MDIA The PEOPLE Dimension
  2. 2. A PEOPLE CENTRIC PURPOSE The real PURPOSE of all economic activity is to enable an improved Quality of Life and Standard of Living ➔ More MONEY and more STUFF has been the proxy for a better quality of life and standard of living. ➔ This has been one of the drivers of the Western style consumer economy. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  3. 3. BUSINESS PURPOSE Most often BUSINESS PURPOSE is seen as maximizing business profit for the benefit of the owners. ➔ There are advantages to this perspective. ➔ Efficiency is encouraged as well as innovation. ➔ More production is enabled and shortages avoided. ➔ There are also disadvantages. ➔ Efficiency means more production for less labor. ➔ Less labor is a negative for employees and society as a whole. ➔ More profit may be derived by ignoring workplace safety and environmental issues MULTI DIMENSION IMPACT ACCOUNTING
  4. 4. PEOPLE CENTRIC EFFICIENCY (1) There is a good Quality of Life and high Standard of Living; and (2) There is a minimum of degradation of the natural Capital MULTI DIMENSION IMPACT ACCOUNTING
  5. 5. There are: ➔ People at the Bottom of the Pyramid; ➔ An increasingly large and affluent middle class of business people, professionals and employees; and ➔ A very small but rich and powerful elite with substantial ownership interests. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  6. 6. There are: ➔ People who do jobs to earn income; ➔ People who earn their income from investments; and ➔ People who cannot work and do not have income. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  7. 7. In the end, everything is about PEOPLE ➔ PEOPLE make decisions about Capital ➔ PEOPLE make Government Policy ➔ PEOPLE run things ➔ PEOPLE buy products and use them ➔ PEOPLE are at of center of family and society ➔ PEOPLE are discovering knowledge MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved
  8. 8. In the end, everything is about PEOPLE ➔ PEOPLE make decisions about Capital ➔ What matters, where to invest ➔ PEOPLE make Government Policy ➔ Legislation ➔ Rules and regulations ➔ Government priorities ➔ PEOPLE run things ➔ They are C level managers ➔ They are middle managers ➔ They are workers and junior staff ➔ PEOPLE buy products and use them ➔ Products (goods and services) are the source of much Quality of Life ➔ PEOPLE are at of center of family and society ➔ PEOPLE are discovering knowledge MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved
  9. 9. MULTI DIMENSION IMPACT ACCOUNTING IMPACT OF THE ACTIVITIES OF AN INDIVIDUAL Input Time Effort Ability Improves Society Pro Good Activities Buy and Use PRODUCTS Pro Money Activities Non-Impact Recreation Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun Improves Wellness Improves QoL WASTE Liquid Gases Solids Natural Capital Depleted Maybe improves FC in HC Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun INPUTS ACTIVITIES BAD Impact State-EOPState-BOP GOOD Impact
  10. 10. People … Human Capital … STATE ➔ Quality of life is a function of: ➔ The Individual ➔ What has happened in the past ➔ What are the possibilities for the future ➔ What is happening right now ➔ Quality of life is a function of many things: ➔ Genetics ➔ Personality traits ➔ The family environment ➔ The broader circle of friends and community ➔ Knowledge from education ➔ Knowledge from experience ➔ Personal wellness ➔ Access to food and water ➔ Access to shelter ➔ Access to goods and services ➔ Security ➔ Financial wealth ➔ Job opportunities and income MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  11. 11. People … Human Capital … FLOW ➔ Basic needs are: ➔ Food ➔ Water ➔ Shelter ➔ Basic stuff ➔ A better quality of life requires: ➔ Access to health services ➔ Access to education ➔ Funds to pay for things ➔ Wealth or income from a job to provide funds ➔ Security ➔ Access to spiritual support ➔ A strong family ➔ A circle of friends ➔ A community that enhances QoL ➔ The critical constraints are: ➔ Time … only n hours per year ➔ Health / energy / capacity of the individual MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
  12. 12. MULTI DIMENSION IMPACT ACCOUNTING Sun ISSUES IN FOOD SUPPLY CHAIN Use of Pesticides Use of Land The IMPACT of FOOD Use of Water Use of Fertilizers Air Pollution Use of Growth Hormones and Antibiotics Use of Energy Use of Equipment Labor workplace conditions Use Energy for cooking Get nutrition for another day Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun Buy Food Food storage Prepare Food Eat Food
  13. 13. MULTI DIMENSION IMPACT ACCOUNTING Sun The IMPACT of WATER Use Water Survive for another day Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun Get Water WATER is incredibly VALUABLE
  14. 14. MULTI DIMENSION IMPACT ACCOUNTING Sun LAND USE Sustainable agriculture Water purification About LAND USE Wetlands Intensive monoculture Coastal mangrove Urban infrastructure Roads, Parking Lots There is a limited amount of land There are multiple possible uses Money Profit Land is a factor in improving human capital, producing goods and services, locating MBSS, and providing very critical ecosystem services Suburban sprawl Housing Tropical forest Habitat Industrial operations File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun
  15. 15. MULTI DIMENSION IMPACT ACCOUNTING Sun WATER USE Food production uses water Beverage production uses water About WATER USE Water is essential to LIFE Nothing is more important Household water use essential Industrial processes use water Rainfall and fresh water are abundant in some places but not everywhere Household waste also pollutes Waste water pollution from processes a critical issue Important for all processes to treat water before discharge Water is abundant, but most has too much dissolved salts to be potable File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun
  16. 16. MULTI DIMENSION IMPACT ACCOUNTING Sun EMISSIONS SO2 … acid rain CO2-Greenhouse Gas About ATMOSPHERIC POLLUTION Air pollution has many forms, all of which are more or less detrimental to people and planet Particulates MH4-Methane-GHG Some emissions have a direct impact on health Nitrous oxides Freon-ozone layer damage Some emissions are greenhouse gases that cause global warming The atmosphere is not an infinite free dump for undesirable and toxic emissions All emissions have a cost File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun SunSun EOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun
  17. 17. MULTI DIMENSION IMPACT ACCOUNTING Job-Money Work Housing Health Time Skills Income Recreation Education ProGood Work Energy PLUS opportunities Improves society Food Clothes Resource Depletion Environmental Degradation BOP EOPThe Individual File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved Sun BOP Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun PERSONAL ASSETS Energy Health Enjoyment Skills Experience Family Shelter Friends Money Stuff QUALITY OF LIFE Sun Financial Capital Human Capital Man Built Structures & Systems Natural Capital Sun PERSONAL ASSETS Energy Health Enjoyment Skills Experience Family Shelter Friends Money Stuff QUALITY OF LIFE PRODUCTS use MBSS PRODUCTS Impact NC PRODUCTS Use MBSS PRODUCTS improve QOL
  18. 18. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

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