PURPOSE ... The Purpose of Economic Activity (140517)

265 views

Published on

PURPOSE is a good way to frame metrics. From the perspective of MDIA, the purpose of economic activity is to sustain and improve quality of life for people. This is explained in this short series of slides.
Tag

Published in: Economy & Finance, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
265
On SlideShare
0
From Embeds
0
Number of Embeds
23
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

PURPOSE ... The Purpose of Economic Activity (140517)

  1. 1. 09:26 PM peterbnyc@gmail.com www.truevaluemetrics.org MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The PURPOSE of ECONOMIC ACTIVITY @truevaluemetric PURPOSEthe reason for which something is done or created or for which something exists
  2. 2. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) But in the game of life … the state of people and the planet … there are very poor metrics C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of MDIA
  3. 3. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) But in the game of life … the state of people and the planet … there are very poor metrics Metrics have to be:  Easy to understand;  Quick to produce;  Low cost;  Believable;  Relevant;  And the list goes on ... C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of MDIA
  4. 4. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The PURPOSE of economic activity is to sustain and improve quality of life and standard of living. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  5. 5. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The PURPOSE of economic activity is to sustain and improve quality of life and standard of living. People are at the center … organizations are only a means to this end. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  6. 6. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The PURPOSE of economic activity is to sustain and improve quality of life and standard of living. People are at the center … organizations are only a means to this end. High performance economic activity delivers progress for people with the lowest possible stress on the resources of the planet and damage to the environment and natural ecosystems. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  7. 7. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The purpose of economic activity is to sustain and improve quality of life and standard of living. People are at the center … organizations are only a means to this end. High performance economic activity delivers progress for people with the lowest possible stress on the resources of the planet and damage to the environment and natural ecosystems. This is not what has been taught at prestigious business schools for the past 50 years. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  8. 8. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The core mission of the MBA education is is to get prepared to manage an organization so that it makes the most profit. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  9. 9. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The core mission of the MBA education is is to get prepared to manage an organization so that it makes the most profit. More and more this has incorporated tools for financial engineering that is so much simpler than real engineering. C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  10. 10. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) The core mission of the MBA education is is to get prepared to manage an organization so that it makes the most profit. More and more this has incorporated tools for financial engineering that is so much simpler than real engineering. And so much less valuable for society! C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-Economic-Activity-140517.odp The PURPOSE of Economic Activity
  11. 11. 09:26 PM MULTI DIMENSION IMPACT ACCOUNTING (MDIA) May 2014 QUESTIONS? FEEDBACK? peterbnyc@gmail.com www.truevaluemetrics.org @truevaluemetric

×