IFRS are principles-based accounting standards set by the IASB to promote global financial reporting consistency. Ethiopia has adopted IFRS and established the Accounting and Auditing Board of Ethiopia to oversee the implementation of IFRS for public interest entities, small and medium enterprises, and non-profits according to a staged rollout plan concluding in 2019. While IFRS and US GAAP have converged in many areas, differences remain in accounting treatments for items like inventory, contingencies, and classification of financial instruments.
The document discusses partnerships, including their definition, advantages, and disadvantages. Specifically:
- A partnership is a business relationship between two or more people who combine their money, skills, and/or property.
- Advantages include greater resources and easier organization than a sole proprietorship. Disadvantages include unlimited liability for partners and the partnership having a limited life.
- Partnerships allow for pooling of money, skills, and other resources but each partner is subject to unlimited liability for the partnership's debts.
Content is more than content. In our digital age, content has become a form of social currency. It has meaning beyond the information it contains. This social dimension of content goes much deeper than viral videos. Brands that transform their products into content, and their content into social currency will succeed. In this provocative talk, Mark Bonchek will take us on a journey into the past and future of social media.
If you would like to know more about the Scioto Foundation’s grant application process:
Call us at 740-354-4612
Visit us on the web at www.sciotofoundation.org
Brad Whitehead's presentation at NOACA's Annual Summit, 2010futurefundneo
Fund President Brad Whitehead was the keynote speaker at this year’s Northeast Ohio Areawide Coordinating Agency’s (NOACA) 11th Annual Summit in Cleveland on June 15. He spoke about the Fund’s work in helping to transform the region’s economy, with a particular focus on the need for regional land use planning.
Hundreds of representatives from cities, counties, metropolitan planning organizations, councils of government, regional planning organizations and economic development councils from throughout the United States were in attendance. The Summit was held in conjunction with the 44th Annual Conference and Exhibition of the National Association of Regional Councils.
Broadview Multi-Care Center is seeking a full-time Activity Assistant with previous activities experience, computer skills, and Mepap1 course completion. East/West Auto is seeking both experienced auto mechanics and an assistant manager. Babcock & Wasserman law firm is seeking an account representative for collections with 2+ years experience in collections and basic computer and communication skills.
The document discusses the social movement of degrowth and economic downsizing in Italy. It argues that GDP is a flawed metric that does not account for social and environmental factors. Countries like Bhutan have adopted measures like gross national happiness. Degrowth calls for societies with sustainable, localized economies and equitable resource distribution. It promotes simpler, less consumptive lifestyles focused on community and self-sufficiency through activities like time banks, gardening, and homemade goods.
IFRS are principles-based accounting standards set by the IASB to promote global financial reporting consistency. Ethiopia has adopted IFRS and established the Accounting and Auditing Board of Ethiopia to oversee the implementation of IFRS for public interest entities, small and medium enterprises, and non-profits according to a staged rollout plan concluding in 2019. While IFRS and US GAAP have converged in many areas, differences remain in accounting treatments for items like inventory, contingencies, and classification of financial instruments.
The document discusses partnerships, including their definition, advantages, and disadvantages. Specifically:
- A partnership is a business relationship between two or more people who combine their money, skills, and/or property.
- Advantages include greater resources and easier organization than a sole proprietorship. Disadvantages include unlimited liability for partners and the partnership having a limited life.
- Partnerships allow for pooling of money, skills, and other resources but each partner is subject to unlimited liability for the partnership's debts.
Content is more than content. In our digital age, content has become a form of social currency. It has meaning beyond the information it contains. This social dimension of content goes much deeper than viral videos. Brands that transform their products into content, and their content into social currency will succeed. In this provocative talk, Mark Bonchek will take us on a journey into the past and future of social media.
If you would like to know more about the Scioto Foundation’s grant application process:
Call us at 740-354-4612
Visit us on the web at www.sciotofoundation.org
Brad Whitehead's presentation at NOACA's Annual Summit, 2010futurefundneo
Fund President Brad Whitehead was the keynote speaker at this year’s Northeast Ohio Areawide Coordinating Agency’s (NOACA) 11th Annual Summit in Cleveland on June 15. He spoke about the Fund’s work in helping to transform the region’s economy, with a particular focus on the need for regional land use planning.
Hundreds of representatives from cities, counties, metropolitan planning organizations, councils of government, regional planning organizations and economic development councils from throughout the United States were in attendance. The Summit was held in conjunction with the 44th Annual Conference and Exhibition of the National Association of Regional Councils.
Broadview Multi-Care Center is seeking a full-time Activity Assistant with previous activities experience, computer skills, and Mepap1 course completion. East/West Auto is seeking both experienced auto mechanics and an assistant manager. Babcock & Wasserman law firm is seeking an account representative for collections with 2+ years experience in collections and basic computer and communication skills.
The document discusses the social movement of degrowth and economic downsizing in Italy. It argues that GDP is a flawed metric that does not account for social and environmental factors. Countries like Bhutan have adopted measures like gross national happiness. Degrowth calls for societies with sustainable, localized economies and equitable resource distribution. It promotes simpler, less consumptive lifestyles focused on community and self-sufficiency through activities like time banks, gardening, and homemade goods.
Key Concepts in Social Work - a personal and philosophical meanderCitizen Network
Social Work is in the social justice business. But what do we mean by social justice? How do overcome the dangers of paternalism and institutionalisation? What do we mean by citizenship? What is the link between needs and rights?
Discussion points and suggestions for thougth leaders - Ideas for a better worldSumit Misra
This document proposes ideas for creating a better world through both external and internal transformation. Externally, it suggests creating a non-aligned global administrative structure to address issues like poverty, corruption, and the environment. Internally, it advocates for individual transformation by cultivating virtues and reducing vices to establish unity and brotherhood. The document is meant to spur thoughtful discussion on pragmatic solutions that could be implemented with input from experts and authorities.
This is a great aid available to help us initiate and inform such conversations. It’s in the form of a flipbook called “Service To Humanity”. Themes like “Pathway of Service”, “Twofold Moral Purpose”, “Constructive and Destructive Forces of Society”, “Educating Younger Generations”, etc. provide compelling launch pads for rich, meaningful conversations with both youth and adults.
This document provides 8 ways to reframe poverty and open public minds to solving poverty issues. It begins by explaining the importance of framing and cultural models in shaping public sentiment. It then outlines the following strategies: 1) Understand cultural models of poverty; 2) Focus on poverty rather than benefits or the economy as the issue; 3) Connect with values like compassion to shift thinking; 4) Use credible messengers aligned with the audience; 5) Employ metaphors that shift thinking; 6) Use examples and stories rather than just data; 7) Position benefits as a solution rather than the problem; 8) Tell compelling stories. The overall aim is to strategically frame poverty issues in a way that engages the public and g
SOCIAL WORK.
NAME:
COURSE:
COURSE CODE:
REGISTRATION NUMBER:
Since I am seeking after a masters in Social Work, I can let you know my purpose behind picking social work as a calling. I was brought up in a solitary guardian home and I thus brought up four youngsters as a solitary guardian. I didn't have the outside help and direction that I expected to help me in this battle. To be included in Social Work will give me the chance to (single folks be effective at child rearing) and improving life for their youngsters and for themselves. ( I dont Know what that means) My own backgrounds would be an assest and an incredible instrument for me to use in drilling and managing. I truly don't believe that anybody ought to pick Social Work as a calling on the off chance that they don't have at the top of the priority list of helping people.I would say that the vast majority who enter the social work calling are roused by the yearning to help other people and also the craving to change their reality. Social workers have a hard occupation and we all know they aren't paid exceptionally well. Positively anybody wanting this calling would be occupied with helping other people as opposed to profiting. Social workers are regularly the bleeding edge for shielding kids and families from damage. They have an extraordinary chance to produce change. Social workers can ensure those in a bad position and set them on a superior way. They can incredibly impact the new way that somebody is sent down, particularly on account of youthful youngsters.
Alongside the sympathy and longing to help other people that have been said, some social workers are miserably optimistic and place exertion into attempting to improve their fantasies of a world get to be reality. Their vitality is incompletely taking into account their trust that they can accomplish something to offer the world some assistance with becoming a superior spot - notwithstanding everybody, at any rate for the general population they serve in their specific limit inside of the social work field of endeavor.Social work, to my psyche, is about feeling a moral obligation regarding others. ( This is a personal narrative what is written here is not anything about me you used words like they and social workers This is about me this is not about an explanation ) In that sense, it is something that is, natural for a few and not to others. I have known a few individuals who perform social work, and they all have this in like manner: they are interminably persistent. To individuals who would prefer not to be aided, to give backing to individuals who are self-harming, to see for quite a while a line out the entryway of individuals who have no place else to turn, and to realize that you can't help everybody... it's a hard employment, and one that I couldn't do. I respect the individuals who settle on the cognizant decision to experience their lives in t.
The 7 Shifts were developed by Tommy Crawford, Brian Fitzgerald, Amrekha Sharma, and Iris Maertens to help frame a change agenda for Greenpeace International. They were derived from a series of workshops worldwide that articulated Greenpeace's overarching story and posed the question: "What would be different about the organisation that truly lived that story from the organisation of today?"
Tommy and Brian now help other beautiful troublemakers articulate their stories and their shifts through their creative agency, Dancing Fox.
Attribution: Story Team, Greenpeace International
Social Issues Of A Materialistic Society
Social Problems In Society
Social Issues In Social Work
The Issues Facing Our Society Today
Most Common Problems In A Utopian Society
Society s Problems, Broadly Speaking Essay
Problems With Social Media Essay
Examples Of Social Problems In Sociology
Social Problems Of A Social Problem
Social Problems Muckrakers Face
Hazing Problems In Society
Ethical Issues in Society
Social Problems Affecting Society, Big And Small
Sociological Perspectives On Social Issues
Poverty As A Contemporary Social Problem Essay
Young People As A Social Problem Essay
The document discusses the systemic change approach to addressing unjust structures that oppress those living in poverty. It defines a system as interconnected parts that operate toward a common purpose. To understand and change a system, one must consider the whole system and how individual parts affect each other over time. Social systems meant to help people often perpetuate inequality. The document advocates acting locally through reflection on personal experiences and stories to identify root causes of poverty and effective strategies for transformation, including those used by Vincent de Paul and Louise de Marillac who empowered others and sought systemic change through political action and solidarity.
The Vermont Declaration of Human Rights was created at the first People's Convention for Human Rights in Vermont in 2012. Over 400 individuals from 40 organizations gathered to discuss problems in healthcare, education, the environment, work, housing, social services, transportation, and food systems. They identified common root causes for these problems and created a shared vision for a just society that respects, protects, and fulfills human rights for all. The Declaration lays out principles for reshaping political and economic systems to prioritize human needs and rights through principles of universality, equity, participation, transparency and accountability. It calls for people to unite in one movement to achieve social justice through collective action and solidarity.
This document discusses the interconnectedness of different concepts like wealth, power, community, and identity. It argues that separating these concepts causes problems as they are all constantly interacting. What is considered good brings these concepts into balance and harmony by fulfilling each part. Similarly, humans must recognize their shared identity as members of the human race in order to promote equality, justice and fulfill the needs of all communities and individuals without prioritizing one over the other or depriving those outside of a given community. True wealth involves fulfilling all factors through an economy that recognizes their importance and unity rather than seeking material possessions for their own sake.
For your Paper, you will have to answer two sets of questions (y.docxshericehewat
For your Paper, you will have to answer two sets of questions (you must answer both):
(1)Among all the topics we talked about this quarter (i.e. student loan debt, poverty, homelessness, addiction, etc.) which one was most interesting to you? Why?
(2)What social problems topic would you like to see added to a future iteration of this class? In what ways is the topic you have identified both a personal trouble and public issue?
Please produce a written response that answers both sets of questions. Your written responses must be between 500-600 words.
pre-requisite:Most Interesting in the topic of inequality than others(like i.e. student loan debt, poverty, homelessness, addiction). This is my inequality paper before, talking around inequality, and have same basic understanding as my previous paper, but don’t copy it PLZ. Thanks!
For Inequality
“ In "The 1 percent's Problem" and "The Pitchforks are Coming" various arguments are presented which situate socioeconomic inequality as a social problem. Focus on 1-2 of the arguments from the readings that you personally find most compelling (for example, "the fairness problem"). Briefly outline these arguments and evaluate them. Are these valid reasons for why inequality matters? Why or why not? ”
“The 1 Percent’s Problem” contains extensive arguments shedding light socioeconomic inequality as a social problem. The consumption problem springs up as a result of a widening gap between rich and poor. It is profound that too much power possessed by one interest group helps them to formulate the policies that will help them in the short run, rather than helping the entire society in the long run. The American tax policy, public investment and regulatory policy are all result of a persistent gap between the two classes. The effects of channeling the wealth and income in one direction only are easy to discern on household expenditure which is the backbone of the American economy. When too much money is accumulated by the upper strata of society the spending of the average American abate. The flow of money from the bottom to the top reduced the consumption, as the high-income group spends money on consumption with respect to their income, lower than the lower income group.
The consumption lowers when inequality rises because lower-income individuals do not have enough money to spend. In addition, lower income individuals are more than high-income individuals. In terms of economics, the relationship is simple. As the high-income group accumulates more and more money the aggregate demand goes down. The total demand in the economy goes down despite its high capability of supplying. As a result, the unemployment increases which damp the demand even more. The purchasing power decreases with the less money supply among the lower income individuals which compel them to spend less. Thus, we could say that increasing income inequality decreased the overall consumption of the economy.
Another economic jargon is ren ...
This document discusses a workshop being held to help organizations better understand how to advance racial equity and address systemic racism. It acknowledges that the workshop is being held on indigenous lands. It commits to centering indigenous voices and supporting indigenous-led organizations. The goal is to help organizations develop an understanding of institutional racism and how to address issues of race, trauma, and oppression. The document outlines some of the training topics that will be covered, including implicit bias, adverse childhood experiences, microaggressions, cultural competency, and becoming trauma-informed. It emphasizes the importance of managing self-care when discussing difficult topics.
Presentation of Raj Sisodia at the Global Summit For Conscious LeadershipJeanne Rahilly
This document discusses the qualities and responsibilities of healing leadership. It argues that leaders set the tone for organizations and have a profound impact on how people live. Great leaders confront major anxieties, serve others selflessly, and help heal communities, companies, and the planet. Examples are given of companies like Greyston Bakery and H-E-B that prioritized helping others, even in disasters. The document stresses that leaders must take care of people for the business to succeed long-term. Overall it promotes a vision of leadership focused on service, healing, and creating prosperous organizations and communities.
Defining Community Essay
What is a Community? Essay example
Ideal Community to Me Essay examples
Essay on Commitment to Community
Essay on Community
Essay on Community Profile
Amb Steve Mbugua has over 12 years of experience serving humanity through various organizations in Kenya that help people. He believes everyone has a role to play in serving mankind. Humanity involves compassion and caring for others, which are innate human qualities. Various social service organizations around the world help those in need through providing food, shelter, clothing, medical care, and education. Voluntary organizations are essential for effectively serving humanity without regard for differences in people. Serving mankind through love and sharing God's blessings with others is serving God. The purpose of God is to sustain human beings, so those who serve mankind are serving God.
This document discusses the concept of humanity and service to mankind. It argues that humanity involves compassion and caring for others, as humans are born with innate qualities of empathy. Service to humanity takes many forms, from individuals and organizations providing basic necessities to those in need. It is important for societies to support voluntary organizations that help underprivileged groups. True service is selfless and done out of love, as serving human beings is considered serving God. The document advocates for developing compassion and finding ways to contribute to improving people's lives through small acts of kindness.
Talk for social work students at Huddersfield UniversityCitizen Network
Talk on personalisation, social justice, citizenship, individual service design and the welfare state. Given to MSc and BSc student social workers at Huddersfield University, November 2014.
Sociological Imagination and Social Issues
Social Issue Of Homelessness
Homelessness : A Social Issue
Social Issues In Social Work
Essay on Understanding Social Issues
The Social Issues Of Vaccinations
Social Issues Of Education And Education
Essay about Social Issues
The Social Issue Of Immigration
Suicide: A Social Issue on the Rise
Examples Of Social Issues In The Help
Social Issue Analysis
Leaving The Church Research Paper
Social Problems Of A Social Problem
The Social Issue Of Poverty
Social Issues And Environmental Issues
Contemporary Issues In Social Policy
Poverty As A Social Issue Essay
Immigration As A Social Problem
The document summarizes the speaker's experience with a community service project at the Junior Achievement at the Atlanta Discovery Center. The project taught children how to budget money and understand the difference between needs and wants through simulated mini stores. Volunteers were trained and then assisted students as they shopped and managed finances. The goal was to help students build skills to succeed economically in the real world.
Simon Duffy talked about why money - for all its limitations - is an important element of the Keys to Citizenship - not as a replacement for Love - but as a critical supplement.
This presentation by Professor Giuseppe Colangelo, Jean Monnet Professor of European Innovation Policy, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
More Related Content
Similar to Building Community In South Africa. The gift economy
Key Concepts in Social Work - a personal and philosophical meanderCitizen Network
Social Work is in the social justice business. But what do we mean by social justice? How do overcome the dangers of paternalism and institutionalisation? What do we mean by citizenship? What is the link between needs and rights?
Discussion points and suggestions for thougth leaders - Ideas for a better worldSumit Misra
This document proposes ideas for creating a better world through both external and internal transformation. Externally, it suggests creating a non-aligned global administrative structure to address issues like poverty, corruption, and the environment. Internally, it advocates for individual transformation by cultivating virtues and reducing vices to establish unity and brotherhood. The document is meant to spur thoughtful discussion on pragmatic solutions that could be implemented with input from experts and authorities.
This is a great aid available to help us initiate and inform such conversations. It’s in the form of a flipbook called “Service To Humanity”. Themes like “Pathway of Service”, “Twofold Moral Purpose”, “Constructive and Destructive Forces of Society”, “Educating Younger Generations”, etc. provide compelling launch pads for rich, meaningful conversations with both youth and adults.
This document provides 8 ways to reframe poverty and open public minds to solving poverty issues. It begins by explaining the importance of framing and cultural models in shaping public sentiment. It then outlines the following strategies: 1) Understand cultural models of poverty; 2) Focus on poverty rather than benefits or the economy as the issue; 3) Connect with values like compassion to shift thinking; 4) Use credible messengers aligned with the audience; 5) Employ metaphors that shift thinking; 6) Use examples and stories rather than just data; 7) Position benefits as a solution rather than the problem; 8) Tell compelling stories. The overall aim is to strategically frame poverty issues in a way that engages the public and g
SOCIAL WORK.
NAME:
COURSE:
COURSE CODE:
REGISTRATION NUMBER:
Since I am seeking after a masters in Social Work, I can let you know my purpose behind picking social work as a calling. I was brought up in a solitary guardian home and I thus brought up four youngsters as a solitary guardian. I didn't have the outside help and direction that I expected to help me in this battle. To be included in Social Work will give me the chance to (single folks be effective at child rearing) and improving life for their youngsters and for themselves. ( I dont Know what that means) My own backgrounds would be an assest and an incredible instrument for me to use in drilling and managing. I truly don't believe that anybody ought to pick Social Work as a calling on the off chance that they don't have at the top of the priority list of helping people.I would say that the vast majority who enter the social work calling are roused by the yearning to help other people and also the craving to change their reality. Social workers have a hard occupation and we all know they aren't paid exceptionally well. Positively anybody wanting this calling would be occupied with helping other people as opposed to profiting. Social workers are regularly the bleeding edge for shielding kids and families from damage. They have an extraordinary chance to produce change. Social workers can ensure those in a bad position and set them on a superior way. They can incredibly impact the new way that somebody is sent down, particularly on account of youthful youngsters.
Alongside the sympathy and longing to help other people that have been said, some social workers are miserably optimistic and place exertion into attempting to improve their fantasies of a world get to be reality. Their vitality is incompletely taking into account their trust that they can accomplish something to offer the world some assistance with becoming a superior spot - notwithstanding everybody, at any rate for the general population they serve in their specific limit inside of the social work field of endeavor.Social work, to my psyche, is about feeling a moral obligation regarding others. ( This is a personal narrative what is written here is not anything about me you used words like they and social workers This is about me this is not about an explanation ) In that sense, it is something that is, natural for a few and not to others. I have known a few individuals who perform social work, and they all have this in like manner: they are interminably persistent. To individuals who would prefer not to be aided, to give backing to individuals who are self-harming, to see for quite a while a line out the entryway of individuals who have no place else to turn, and to realize that you can't help everybody... it's a hard employment, and one that I couldn't do. I respect the individuals who settle on the cognizant decision to experience their lives in t.
The 7 Shifts were developed by Tommy Crawford, Brian Fitzgerald, Amrekha Sharma, and Iris Maertens to help frame a change agenda for Greenpeace International. They were derived from a series of workshops worldwide that articulated Greenpeace's overarching story and posed the question: "What would be different about the organisation that truly lived that story from the organisation of today?"
Tommy and Brian now help other beautiful troublemakers articulate their stories and their shifts through their creative agency, Dancing Fox.
Attribution: Story Team, Greenpeace International
Social Issues Of A Materialistic Society
Social Problems In Society
Social Issues In Social Work
The Issues Facing Our Society Today
Most Common Problems In A Utopian Society
Society s Problems, Broadly Speaking Essay
Problems With Social Media Essay
Examples Of Social Problems In Sociology
Social Problems Of A Social Problem
Social Problems Muckrakers Face
Hazing Problems In Society
Ethical Issues in Society
Social Problems Affecting Society, Big And Small
Sociological Perspectives On Social Issues
Poverty As A Contemporary Social Problem Essay
Young People As A Social Problem Essay
The document discusses the systemic change approach to addressing unjust structures that oppress those living in poverty. It defines a system as interconnected parts that operate toward a common purpose. To understand and change a system, one must consider the whole system and how individual parts affect each other over time. Social systems meant to help people often perpetuate inequality. The document advocates acting locally through reflection on personal experiences and stories to identify root causes of poverty and effective strategies for transformation, including those used by Vincent de Paul and Louise de Marillac who empowered others and sought systemic change through political action and solidarity.
The Vermont Declaration of Human Rights was created at the first People's Convention for Human Rights in Vermont in 2012. Over 400 individuals from 40 organizations gathered to discuss problems in healthcare, education, the environment, work, housing, social services, transportation, and food systems. They identified common root causes for these problems and created a shared vision for a just society that respects, protects, and fulfills human rights for all. The Declaration lays out principles for reshaping political and economic systems to prioritize human needs and rights through principles of universality, equity, participation, transparency and accountability. It calls for people to unite in one movement to achieve social justice through collective action and solidarity.
This document discusses the interconnectedness of different concepts like wealth, power, community, and identity. It argues that separating these concepts causes problems as they are all constantly interacting. What is considered good brings these concepts into balance and harmony by fulfilling each part. Similarly, humans must recognize their shared identity as members of the human race in order to promote equality, justice and fulfill the needs of all communities and individuals without prioritizing one over the other or depriving those outside of a given community. True wealth involves fulfilling all factors through an economy that recognizes their importance and unity rather than seeking material possessions for their own sake.
For your Paper, you will have to answer two sets of questions (y.docxshericehewat
For your Paper, you will have to answer two sets of questions (you must answer both):
(1)Among all the topics we talked about this quarter (i.e. student loan debt, poverty, homelessness, addiction, etc.) which one was most interesting to you? Why?
(2)What social problems topic would you like to see added to a future iteration of this class? In what ways is the topic you have identified both a personal trouble and public issue?
Please produce a written response that answers both sets of questions. Your written responses must be between 500-600 words.
pre-requisite:Most Interesting in the topic of inequality than others(like i.e. student loan debt, poverty, homelessness, addiction). This is my inequality paper before, talking around inequality, and have same basic understanding as my previous paper, but don’t copy it PLZ. Thanks!
For Inequality
“ In "The 1 percent's Problem" and "The Pitchforks are Coming" various arguments are presented which situate socioeconomic inequality as a social problem. Focus on 1-2 of the arguments from the readings that you personally find most compelling (for example, "the fairness problem"). Briefly outline these arguments and evaluate them. Are these valid reasons for why inequality matters? Why or why not? ”
“The 1 Percent’s Problem” contains extensive arguments shedding light socioeconomic inequality as a social problem. The consumption problem springs up as a result of a widening gap between rich and poor. It is profound that too much power possessed by one interest group helps them to formulate the policies that will help them in the short run, rather than helping the entire society in the long run. The American tax policy, public investment and regulatory policy are all result of a persistent gap between the two classes. The effects of channeling the wealth and income in one direction only are easy to discern on household expenditure which is the backbone of the American economy. When too much money is accumulated by the upper strata of society the spending of the average American abate. The flow of money from the bottom to the top reduced the consumption, as the high-income group spends money on consumption with respect to their income, lower than the lower income group.
The consumption lowers when inequality rises because lower-income individuals do not have enough money to spend. In addition, lower income individuals are more than high-income individuals. In terms of economics, the relationship is simple. As the high-income group accumulates more and more money the aggregate demand goes down. The total demand in the economy goes down despite its high capability of supplying. As a result, the unemployment increases which damp the demand even more. The purchasing power decreases with the less money supply among the lower income individuals which compel them to spend less. Thus, we could say that increasing income inequality decreased the overall consumption of the economy.
Another economic jargon is ren ...
This document discusses a workshop being held to help organizations better understand how to advance racial equity and address systemic racism. It acknowledges that the workshop is being held on indigenous lands. It commits to centering indigenous voices and supporting indigenous-led organizations. The goal is to help organizations develop an understanding of institutional racism and how to address issues of race, trauma, and oppression. The document outlines some of the training topics that will be covered, including implicit bias, adverse childhood experiences, microaggressions, cultural competency, and becoming trauma-informed. It emphasizes the importance of managing self-care when discussing difficult topics.
Presentation of Raj Sisodia at the Global Summit For Conscious LeadershipJeanne Rahilly
This document discusses the qualities and responsibilities of healing leadership. It argues that leaders set the tone for organizations and have a profound impact on how people live. Great leaders confront major anxieties, serve others selflessly, and help heal communities, companies, and the planet. Examples are given of companies like Greyston Bakery and H-E-B that prioritized helping others, even in disasters. The document stresses that leaders must take care of people for the business to succeed long-term. Overall it promotes a vision of leadership focused on service, healing, and creating prosperous organizations and communities.
Defining Community Essay
What is a Community? Essay example
Ideal Community to Me Essay examples
Essay on Commitment to Community
Essay on Community
Essay on Community Profile
Amb Steve Mbugua has over 12 years of experience serving humanity through various organizations in Kenya that help people. He believes everyone has a role to play in serving mankind. Humanity involves compassion and caring for others, which are innate human qualities. Various social service organizations around the world help those in need through providing food, shelter, clothing, medical care, and education. Voluntary organizations are essential for effectively serving humanity without regard for differences in people. Serving mankind through love and sharing God's blessings with others is serving God. The purpose of God is to sustain human beings, so those who serve mankind are serving God.
This document discusses the concept of humanity and service to mankind. It argues that humanity involves compassion and caring for others, as humans are born with innate qualities of empathy. Service to humanity takes many forms, from individuals and organizations providing basic necessities to those in need. It is important for societies to support voluntary organizations that help underprivileged groups. True service is selfless and done out of love, as serving human beings is considered serving God. The document advocates for developing compassion and finding ways to contribute to improving people's lives through small acts of kindness.
Talk for social work students at Huddersfield UniversityCitizen Network
Talk on personalisation, social justice, citizenship, individual service design and the welfare state. Given to MSc and BSc student social workers at Huddersfield University, November 2014.
Sociological Imagination and Social Issues
Social Issue Of Homelessness
Homelessness : A Social Issue
Social Issues In Social Work
Essay on Understanding Social Issues
The Social Issues Of Vaccinations
Social Issues Of Education And Education
Essay about Social Issues
The Social Issue Of Immigration
Suicide: A Social Issue on the Rise
Examples Of Social Issues In The Help
Social Issue Analysis
Leaving The Church Research Paper
Social Problems Of A Social Problem
The Social Issue Of Poverty
Social Issues And Environmental Issues
Contemporary Issues In Social Policy
Poverty As A Social Issue Essay
Immigration As A Social Problem
The document summarizes the speaker's experience with a community service project at the Junior Achievement at the Atlanta Discovery Center. The project taught children how to budget money and understand the difference between needs and wants through simulated mini stores. Volunteers were trained and then assisted students as they shopped and managed finances. The goal was to help students build skills to succeed economically in the real world.
Simon Duffy talked about why money - for all its limitations - is an important element of the Keys to Citizenship - not as a replacement for Love - but as a critical supplement.
Similar to Building Community In South Africa. The gift economy (20)
This presentation by Professor Giuseppe Colangelo, Jean Monnet Professor of European Innovation Policy, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
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Why Psychological Safety Matters for Software Teams - ACE 2024 - Ben Linders.pdfBen Linders
Psychological safety in teams is important; team members must feel safe and able to communicate and collaborate effectively to deliver value. It’s also necessary to build long-lasting teams since things will happen and relationships will be strained.
But, how safe is a team? How can we determine if there are any factors that make the team unsafe or have an impact on the team’s culture?
In this mini-workshop, we’ll play games for psychological safety and team culture utilizing a deck of coaching cards, The Psychological Safety Cards. We will learn how to use gamification to gain a better understanding of what’s going on in teams. Individuals share what they have learned from working in teams, what has impacted the team’s safety and culture, and what has led to positive change.
Different game formats will be played in groups in parallel. Examples are an ice-breaker to get people talking about psychological safety, a constellation where people take positions about aspects of psychological safety in their team or organization, and collaborative card games where people work together to create an environment that fosters psychological safety.
The importance of sustainable and efficient computational practices in artificial intelligence (AI) and deep learning has become increasingly critical. This webinar focuses on the intersection of sustainability and AI, highlighting the significance of energy-efficient deep learning, innovative randomization techniques in neural networks, the potential of reservoir computing, and the cutting-edge realm of neuromorphic computing. This webinar aims to connect theoretical knowledge with practical applications and provide insights into how these innovative approaches can lead to more robust, efficient, and environmentally conscious AI systems.
Webinar Speaker: Prof. Claudio Gallicchio, Assistant Professor, University of Pisa
Claudio Gallicchio is an Assistant Professor at the Department of Computer Science of the University of Pisa, Italy. His research involves merging concepts from Deep Learning, Dynamical Systems, and Randomized Neural Systems, and he has co-authored over 100 scientific publications on the subject. He is the founder of the IEEE CIS Task Force on Reservoir Computing, and the co-founder and chair of the IEEE Task Force on Randomization-based Neural Networks and Learning Systems. He is an associate editor of IEEE Transactions on Neural Networks and Learning Systems (TNNLS).
This presentation by Thibault Schrepel, Associate Professor of Law at Vrije Universiteit Amsterdam University, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Katharine Kemp, Associate Professor at the Faculty of Law & Justice at UNSW Sydney, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
Gamify it until you make it Improving Agile Development and Operations with ...Ben Linders
So many challenges, so little time. While we’re busy developing software and keeping it operational, we also need to sharpen the saw, but how? Gamification can be a way to look at how you’re doing and find out where to improve. It’s a great way to have everyone involved and get the best out of people.
In this presentation, Ben Linders will show how playing games with the DevOps coaching cards can help to explore your current development and deployment (DevOps) practices and decide as a team what to improve or experiment with.
The games that we play are based on an engagement model. Instead of imposing change, the games enable people to pull in ideas for change and apply those in a way that best suits their collective needs.
By playing games, you can learn from each other. Teams can use games, exercises, and coaching cards to discuss values, principles, and practices, and share their experiences and learnings.
Different game formats can be used to share experiences on DevOps principles and practices and explore how they can be applied effectively. This presentation provides an overview of playing formats and will inspire you to come up with your own formats.
This presentation by OECD, OECD Secretariat, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Juraj Čorba, Chair of OECD Working Party on Artificial Intelligence Governance (AIGO), was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Nathaniel Lane, Associate Professor in Economics at Oxford University, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
1.) Introduction
Our Movement is not new; it is the same as it was for Freedom, Justice, and Equality since we were labeled as slaves. However, this movement at its core must entail economics.
2.) Historical Context
This is the same movement because none of the previous movements, such as boycotts, were ever completed. For some, maybe, but for the most part, it’s just a place to keep your stable until you’re ready to assimilate them into your system. The rest of the crabs are left in the world’s worst parts, begging for scraps.
3.) Economic Empowerment
Our Movement aims to show that it is indeed possible for the less fortunate to establish their economic system. Everyone else – Caucasian, Asian, Mexican, Israeli, Jews, etc. – has their systems, and they all set up and usurp money from the less fortunate. So, the less fortunate buy from every one of them, yet none of them buy from the less fortunate. Moreover, the less fortunate really don’t have anything to sell.
4.) Collaboration with Organizations
Our Movement will demonstrate how organizations such as the National Association for the Advancement of Colored People, National Urban League, Black Lives Matter, and others can assist in creating a much more indestructible Black Wall Street.
5.) Vision for the Future
Our Movement will not settle for less than those who came before us and stopped before the rights were equal. The economy, jobs, healthcare, education, housing, incarceration – everything is unfair, and what isn’t is rigged for the less fortunate to fail, as evidenced in society.
6.) Call to Action
Our movement has started and implemented everything needed for the advancement of the economic system. There are positions for only those who understand the importance of this movement, as failure to address it will continue the degradation of the people deemed less fortunate.
No, this isn’t Noah’s Ark, nor am I a Prophet. I’m just a man who wrote a couple of books, created a magnificent website: http://www.thearkproject.llc, and who truly hopes to try and initiate a truly sustainable economic system for deprived people. We may not all have the same beliefs, but if our methods are tried, tested, and proven, we can come together and help others. My website: http://www.thearkproject.llc is very informative and considerably controversial. Please check it out, and if you are afraid, leave immediately; it’s no place for cowards. The last Prophet said: “Whoever among you sees an evil action, then let him change it with his hand [by taking action]; if he cannot, then with his tongue [by speaking out]; and if he cannot, then, with his heart – and that is the weakest of faith.” [Sahih Muslim] If we all, or even some of us, did this, there would be significant change. We are able to witness it on small and grand scales, for example, from climate control to business partnerships. I encourage, invite, and challenge you all to support me by visiting my website.
This presentation by Tim Capel, Director of the UK Information Commissioner’s Office Legal Service, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
Building Community In South Africa. The gift economy
1. Building Community
The creation of the gift economy.
Changing from the inside out …
The power in in our collective hands…..
Michael Raal Johannesburg April 2014
2. Outline
This document serves a basic manifesto of a new approach to the
current problems facing our society and the world at large.
It challenges key concepts we have around our own collective and
individual ability to determine and create the future we have all
dreamed of.
It provides an approach within the overall context of self
determination.
it is intended to provide a new pathway out of the seemingly
unsolvable issues of our time.
It is written with love for all and with full responsibility for my own
part in the creation of a better future.
3. Outline- What is community?
What is Community? The definitions we have for community are as
follows :
a social group of any size whose members reside in a specific locality,
share government, and often have a common cultural and historical
heritage.
a locality inhabited by such a group.
a social, religious, occupational, or other group sharing common
characteristics or interests and perceived or perceiving itself as distinct
in some respect from the larger society within which it exists
a group of associated nations sharing common interests or a common
heritage:
a group of men or women leading a common life
according to a rule.
4. Outline- what is community?
Notwithstanding the previous definition’s the description I really
subscribe to is the following: ( From Peter Block Community the
structure of belonging)
Community is about the experience of belonging. To be related to
something and be a part of something. ( The opposite would be to be feel
isolated and better off somewhere else).
To belong to a community also means to be a co –creator and co owner of
that community ie emotional ownership and accountability.
Community is the container within which our longing to be is fulfilled.
5. Outline- The break down of community
The break down of community and our social fabric is one of the
fundamental causes of the poverty we see in the world today. The
underlying principle of this is the concept of the separate self.
The separate self says that I am autonomous and discrete from
everyone else. Ie Each person is separate and thus is required to fight
for survival and the basic needs to live. It creates a society based on
self interest and disassociates ourselves from each other and from
everything else such as Nature etc
Separation thinking then creates the following consequences :
The thinking that the world has scarce resources and thus I need to
maximise what I can get before someone else gets it.
A money system based on the constant need to grow which creates
inequality and accumulation of wealth in the hands of the few.
The need for ownership and protection of wealth.
The creating of social unrest and war.
6. Self Determination- Dictionary Definitions
What is self determination ?
The power or ability to make a decision for oneself without influence
from outside
Determination of one's own fate or course of action without
compulsion.
Freedom of the people of a given area to determine their own future
independence
To be internally referenced for your own identity, meaning and
responsibility to determine your future
7. The power is in our hands
One of the major fixed beliefs that has kept our society stuck is that we
do not have the power to effect change.
That is that change has to be done through an outside agency that has
all the power as we are individually and collectively powerless
Other major limiting beliefs that characterise out times are that we are
inherently beings of self interest and that trust cannot develop
between strangers.
Further the limiting belief that the world does not have the resources
to solve our current problems. Ie Scarcity is our natural state therefore
we all have to compete for resources to survive.
The definition of insanity is doing the same thing an then expecting a
different result ( Einstein) . Thus we need to challenge and change our
thinking
8. Definitions of true power
Power is not force but is characterised by equality, integrity and
authenticity.
It does not dominate nor subjugate.
It creates freedom and does not create bondage of any form such as
racial, financial, societal and gender.
Power is inclusive and not exclusive.
Power unifies where as force segregates.
Power serves while force takes.
9. Context
We live in a world defined by “power and powerlessness. “
In this society we have individually and collectively given away our
power to so many things and this has left us feeling powerlessness.
Some of the main areas ( beliefs) we have given our power away to are
as follows :
The Government ( it knows what is best for me and will provide me what I
cannot do for myself!)
Money and Capitalism
Societal and cultural norms around Money, self determination, gender
beliefs, resources.
What other people think of us .
Our beliefs around our who we are and our ability to effect change
10. Context around Money
The following are some of our current beliefs around money that keep
us stuck:
Money equals power
Need money to make money
We have no resources available
There are no other ways to get money besides taking a job even if I don’t
like the job.
Money is the source of everything in life
Men need to make money while women are not good at making money.
Money can be made.
11. Context
This has created a society in which we are continually searching to regain
our power through a set of actions designed to make us powerful.
These actions always leads us to search for external ( outside of our true
power base) power sources . This in itself creates the exact circumstances
for a paradigm of power and powerlessness.
How can we look to solve the problem through the exact thinking that gave
rise to the problem in the first place ?
Thus our society has alternating roles that we play of being in power(
tyrant) and being out of power( victim).
We give our power away and then criticise and blame the very entities we
gave our power away to.
We play victim of the circumstances we actually create.
The communities are no different.
12. Self Determination Pre- suppositions:
These are principles that will guide our way through to self determination.
We all have the individual power for full self determination.
The power we seek exists internally in our truth, creative self expression
, our abilities and resources we have.
We are fully and collectively responsible for everything we have in our
lives, what we create and also what we have inherited.
The power of one aligned intent can exponentially increase our combined
power.
The current paradigm and our own part in it’s creation is not wrong but it
creates the suffering and chaos we see today.
We are all here to serve in the best way we know how.
Everything we do affects everyone including our self as we are all brother
and sisters in one family.
There are no victims
13. The New paradigm
We are collectively moving into a new paradigm. The majority of people
are blind to this due to the long established conditioning of accepting the
way things are will always be the way they are.
You cannot see what you do not want to see.
The new paradigm is characterised as follows :
The recognition that we are all one and are not separate entities in competition
for limited resources.
Sharing and gifting of resources, skills and abilities.
Being in service of your fellow man.
Living in the Natural flow of life rather than trying to manipulate or dominate.
The incredible power of attunement to our innate goodness that is our true
state of being,.
14. The New paradigm: The Gift Economy
The new paradigm is the gift economy. The gift economy is characterised as follows : (
From Sacred Economics : Charles Eisenstein)
The gift
Economy
Development
of local
community
Social
dividend
The true cost
of things
being
internalised
Elimination
of economic
rents
Economic
degrowth
Gift Culture
and P2P
economics
Negative
Interest
currency
15. The Gift Economy: a brief description
Negative Interest Currency : Money that loses value over time
stimulating an economy of flow. It enables prosperity without growth
and encourages the equitable distribution of wealth.
Elimination of economic rents: People profiting from the mere fact
that they own something without producing anything or contributing
to society. Ie the owners of land, property and money . This creates
the polarisation of wealth.
The true costs of things being internalised. Currently we abuse the
earths resources with the view that they are infinite and we are the
owners of these resources. Thus the true environmental cost and
social costs are not included in the price of goods and services.
16. The Gift Economy: a brief description
The social dividend ; The earth is a great gift to all and thus all should
share in it’s rich abundance. Thus the social dividend would provide
the basic necessities to all.
Economic degrowth : we have chosen to consume more rather than to
work less. Thus we are slaves to growth. Economic degrowth will allow
us to work less for money .
17. The Gift Economy: a brief description
The development of local communities: this is the trend to local
economy borne out of need to reconnect with community. Global
community production puts localities in competition with each other
and creates separation and the break down of the ties that bind us
together.
Gift culture and P2P Economics Today most interactions are based on a
paid service and we are left independent , alienated and miserable.
Hence the rise of the gift economy and to person to person
collaboration.
The two points above are crucial to the overall context of this
document.
18. The Community Vision
The vision is one where the communities are empowered societies all
pulling together in the common goal of each others well being in the
community.
A culture of serving each other with heart centred gratitude.
Financial inclusivity of all members of society based on the premise of
creating abundance for all.
A society where authentic self expression is the most prized endeavour
and focus.
A society where the principle of guardianship is entrenched as
compared to ownership.
A society with the reverence for al life in all its forms including mother
earth.
19. The New Paradigm Community model
The model makes the community solely responsible for the provision
of its own needs.
The community looks to develop and mange all its Equity resources for
the benefit of everyone.
It accepts assistance from all outside entities ( such as Government,
Corporations , individuals) as long as the assistance is not dependant
on relinquishing its own power or creating co- dependency.
The creation of a gift community and culture
The recreation of the social fabric that brings everyone together .
20. Current Model
Government
Resources
Society
Community
Business
Ngo’s
Observations:
o Government and big business has all the resources
o Government redistributes income via
taxes into grants and infrastructure.
o The community looks for support from
Society, Business and NGO’S.
o The Community is dependant on these
providers for Healthcare , social
development and Education.
o Business pursues profit that creates inequality
and then puts a little back by way of donation etc.
o The community receives but does not
give as it believes it has nothing to give.
21. Proposed Model
Community
Society
Government
Business
Ngo’s
Observations:
o The community accepts that it is
responsible for its own self determination.
o It seeks then to develop itself through
initiatives designed to build a social and
financial base.
o The Government continues to provide
Services and infrastructure.
o The community also continues to accept
support from Society, Business and NGO’S.
o The Communities goal is to become independent
on providers for Healthcare , social
development and Education.
o The community builds a giving and sharing culture
for the benefit of all.
22. The key contextual shift required in
community self determination.
( From Peter Block Community the structure of belonging.)
We are a community of possibilities , not a community of problems
Community exists for the sake of belonging and takes its identity form
the gifts, generosity and accountability of it’s citizens. It is not defined
by it’s fears, its isolation, or its penchant for retribution.
We currently have all the capacity, expertise, programs, leaders,
regulations, and wealth required to end unnecessary suffering and
create an alternative future.
23. Principles of a strategy for community
transformation.
( From Peter Block Community the structure of belonging.)
Building of social fabric for its own sake and also to enable chosen
accountability( when citizens care for each other become accountable
to each other)
Strong associational life is essential and central ( how citizens chose to
build connections)
Citizens who use their power to convene other citizens are what
creates an alternative future. ( organic and emergent change efforts)
The small group is the unit of transformation.
All transformation is linguistic , which means that we can think of
community as essentially a conversation.
24. Community Development
One of the key shifts to be made here is around thinking of the
possibilities that exist in the community and not the problems.
In this regard what resources exist in the community that could be
utilised to build the community ?
Further are there any self evident resources existing opportunities that
could be leveraged to support these initiatives ?
26. Community Resources
Talent equity
Skills and capabilities of all community members.
Service Equity
Collective Man hours in serving each other
Natural Equity
Land and natural resources ( rain, sunlight, soil etc..)
Financial equity
Purchasing and collective buying power
Social fabric Equity
This is the degree to which we care for each other and thus are
accountable to each other.
27. Financial self determination
How can the community develop its own resources as listed on the
previous slide ?
How can it also be achieved without an initial radical change of
Community behaviour ?( a shift in consciousness or values is required
before behaviour changes permanently and this can take time!)
What is the key portal that can be opened effortlessly through which
the power of the community can be unlocked ?
What context for current behaviour can be shifted that will make all
the difference ?
28. Point of Entry: Developing Community resources
The point of entry into this model is through the current purchasing of
Insurance policies and more specifically funeral and credit life
insurance policies.
Currently due to cultural beliefs , Funeral Insurance is incredibly
widespread in South Africa.
This there is an existing Financial Equity that is currently not being
developed for the community benefit.
This is combination with an approach to develop the Talent and
Service Equity is the two prong approach that forms the opening of
new possibilities
29. Funeral Insurance in South Africa
South African is home to 23.7m lives covered through Funeral Insurance .( The
Landscape of Micro Insurance In Africa 2012) .
This is over 54 % penetration of the total population. .
The Finscope report 2010 estimates that 40.3 % of SA adults i n LSM 1-7 have funeral
cover. IE 9.9m lives.
This is split into informal funeral cover providers ( Burial societies, funeral parlours
etc) and formal funeral providers ( Insurers ). The trend indicates that the move is
into more formal providers.
The market is largely unregistered and unregulated.
Estimated 3000 to 5000 funeral parlours.
80 000 to 100 000 burial societies.
Premium in excess of R5bn.
Premiums range between R20 to R100 per month.
Cover provided is between 5000 and 100 000.
30. Funeral Insurance in South Africa
A report in the Saturday star on 30th November 2013 had a headline as
follows:
“ Class action against funeral assurers just a matter of time”
The following three main practices against policyholders were listed as
illegal:
No cash benefit ( a cash benefit must be provided on request in lieu of the
funeral)
No underwriting by a registered -Long term insurer.
Payment of benefits to the wrong person. Many policies pay benefits to
directly to third parties such as undertakers where they should be paid to
nominated beneficiaries.
31. Funeral Insurance in South Africa
Thus the key rationale for using funeral insurance as an point of entry
are:
No significant altering of existing buying behaviour.
The sheer scale and size of the market and it’s financial muscle.
A cultural relevant point of entry.
Existing infrastructure ( no need to rebuild everything from scratch )
Relative short entry time into this area.
Current state of the funeral market 9 illegal and unregulated etc)
The new proposed Micro- Insurance act of South Africa ( see later slides)
32. Financial Equity : Reinvestment Model.
Community Funeral and other
Insurance Covers
Community owned
Funeral provider and
administrator
Food
security
Health
care
Educu
ation
33. Community Financial Equity
The purchasing power of funeral insurance creates Community profits .
These profits are then utilised to provide a base for developing the
Community Equity and resources.
One of the keys here is that Financial equity exists as a flow of Capital
through continual Re- investment back into the community. This
creates a cycle of abundance that is exponential.
Imagine a community investment fund that is created through this
model that finances community projects in which the profits of those
initiatives are reinvested back into the community equity fund.
A true cycle of exponential abundance. Happy days !
34. Financial Equity Reinvestment Model
The potential profits that can be generated from this model is substantial
with full community support. This is vital as Insurance does require the law
of large numbers to be effective.
Further it represents one of the best sources of Community financing that
does not require any encumbrance or unsustainable investment source. It
is sustainable.
For example : 200 000 policy holders paying R 55 per month = R22m.
Profit margin after expenses and claims of 35 % = 7.7m per annum.
This excludes intermediary / agent employment costs of 2.2.m which
would flow into the community.
Thus an initial 10m per annum financial equity could be developed just for
this product.
This represents R50 equity for every person!
35. The Microinsurance Framework in South Africa
The Microinsurance Regulatory framework was released in 2011 for
comment.
The aim of the legislation is to provide a framework within which low
income households would have access to good-value insurance products to
support financial inclusion.
Key aspects are :
Reduce barriers to entry for the new companies.
Simplify the products and offerings to policyholders.
Lower the capital requirements for Micro Insurers.
Reduce the cost of regulation and hence the overall cost of products to low
income consumers.
Offer composite license options for lower capital requirements.
This framework is expected potentially to be presented to parliament in
2014.
36. Mutual Insurance Provider
The community forms a Co operative in which community leaders are elected to
form the board of Trustees.
The Co operative then forms an Insurance provider.
Ideally the Trust would form a fully fledged Insurer under the new Microinsurance
legislation but until that is passed then a cell captive structure remains the optimal
approach.
Regulatory capital is provided in the form of either Reinsurance or borrowed from
the License provider.
Operational Capital requirements are not substantial but can be financed by Social
Investment loans or grants.
Administration is crucial in this model as operational efficiencies would need to be
established in order to reduce the product cost.
The Insurance provider should ideally own the administration ability / system or rent
it for a nominal fee per life covered.
38. Roles and Responsibilities
Provider Role
Policyholders Community members
Co- operative Co-op set up to provide guardianship and stewardship
of the Communities resources
Mutual Insurer Insurance vehicle that is owned by the Trust. This is
envisaged to be a full license provider under the new
Microinsurance act
Cell Captive provider Used as a temporary vehicle for the underwriting of the
risk until full license secured.
Third Party
Administrator
Set up to provide technology and administration for the
scheme. This includes enrolment, premium collection,
claims handling and financial accounting.
39. Product Development
The products can be grouped into the following categories :
Life and Funeral
Short term
Agricultural
Initially the products envisaged are as follows:
Funeral cover with an investment savings portion
Credit life
Personal accident policy.
Research in the community would need to be done to ascertain the most beneficial
products.
In the longer term, the products would be extended to cover short terms assets such
as Contents, house Insurance.
The provision of Agricultural Insurance is a key priority ( for food security) but it is an
extensive project and will require it’s own full business plan and implementation.
40. Distribution
Product distribution will be via the following channels :
Community events launches
Trained Community agents
Community centres such as schools and other centres.
Kiosks
Retail partners
Current service providers
42. Third Party Administration
It is envisioned that the community should be self sufficient as much
as possible around the whole product offering.
This includes administration. However initially the skills do not exist in
the community.
Efficient and robust Administration is crucial to the success of this
model and thus it will be outsourced.
43. Third Party Administration
The TPA will operate from one central location being Johannesburg.
The partner provider will be KM Dastur ( pty) which currently has a
bespoke TPA business in India for Micro Insurance. The local KMD Office
will replicate the current capabilities.
It will provide the following services to the scheme:
Enrolment using laptops and Bio metrics scanners
Post enrolment policy management
Premium collection
Claims management
Management information for Insurers
Sales agent training
Web based IT system for real time access on enrolment and claims
Call centre for queries
SMS technology for Customer relationship management
Data for Affinity programme role out.
44. Process flow
A robust process flow model is currently been designed. This will be
tested against the current technology available and the most optimal
process will be selected.
A example of this is as per the attached presentation form the DHS
India .
45. Premium Collection of cash.
Depending on the distribution channel utilised the premium collection
will be matched vigorously to each policy issued.
The optimal premium collection model will need to be established.
This is crucial in minimising fraud and matching premiums to
Policyholders.
Point of sale collection points remain a potential basis for
consideration from a control and management perspective but
alternative technological options will be investigated.
Cash to be deposited be deposited into the bank account as frequently
as possible.
A receipt to be issued with all premium collected. This to be captured
on the Biometric card and on the central IT system.
46. Funding
The overall funding required for this project is as per the attached
spreadsheet. This is split as follows :
Operational Capital
Set up costs
Operational infrastructure
Employment costs
Running costs
Training costs
Solvency Capital
Insurance Capital
Insurance Operational costs
The sources of funding are currently been considered.
47. Co- operative Trustees
These will be sourced through a democratic process of election.
However candidates for office will be reviewed to meet certain skills
and ethic based standards.
It is not envisioned that it should follow the current Tribal leadership
framework although there will be full consultation with all
stakeholders to ensure buy in.
These posts will be reviewed every three years.
The principle managing trustee will only be on a rotation basis.
External Trustees will be a pre- requisite. Potential make up:
Community Social worker
Auditor or head of Remuneration and compliance chair.
48. Reinvestment method and basis.
A charter will be drafted by the community to determine on what basis
and to which project the distribution be made.
Key criteria for project selection and management of these projects
will be covered in the charter.
Vigorous compliance with King 2 standards of corporate governance
will be adhered to.
49. Talent and Service Capital
The overall long term success of this project will not be successful if the
fundamental consciousness ( awareness of self and others) of the
community is not raised.
Currently the current dual systems of Capitalism and reliance on
government means that every child who passes through this system
becomes a part of the system and thus a self sustaining prophecy is
created.
Every child who finishes school (or not) tries to go out and make money or
get a job that will provide money. This immediately plays into the current
Capitalist system as the key motivation becomes making money which in
turn will results in poverty for others.
Their focus is on improving current financial conditions rather than on what
unique skills or talents they do have and really what they are passionate
about.
The majority of the people in jobs today do so because they require the
money to live rather than following their passion and dreams.
50. Talent and Service Capital
Thus a key component of this new approach is to get the new potential
entrants to the system to by-pass the current system straight into the new
paradigm.
Implementation
This will be implemented via robust educational teaching and mentoring.
Individuals who purchase the financial products will be introduced to free
educational mentoring and coaching.
This will be done by trained consultants who in turn will “train the trainer..”
All community members will also be offered free educational mentoring
around a number of key themes:
Unlocking your individual purpose, talents and passions
The Community Reinvestment model (Cycle investment model )
Principles of the new paradigm such as gifting, sharing etc.
Every individual who becomes part of the Reinvestment model will have be
given appropriate responsibility and will offer community service.
51. Cycle Investment Model
This model is one where individuals are mentored to find their true
purpose and passion. Following this the inspiration generated will
result in creative ideas around manifesting this purpose.
A Community investment fund will be established in which the
financial assistance will be provided to aligned projects within the new
principles as identified.
Projects will be mentored at every step of the way.
All recipitants will be required to reinvestment into other aligned
projects partly out of the profit realised from their own projects.
Thus “paying in forward “ in a beautiful cycle of common unity.
52. Cycle Investment Model
Talent, Passion
and skills
identification
Ideas incubation
Project Investment
Profits from
Investment
reinvested back
into the CIF
Community
Investment Fund
CIF
53. Phase Approach
Phase 1
Set up of Community framework
Community Insurer Operational
Develop Community Investment fund
Begin Talent and Service Capital expansion
Begin Affinity programme
Phase 2
Reinvestment process commences into
Community needs
Cycle investment model commences
Expansion of Insurance products and services
Food security project ( Agri Insurance)
Phase 3
Community healthcare project
Community Micro finance
Infrastructure Investment
New Educational model along side
current model rolled out.
Natural Equity security project
54. The world as we know it is about to
change.
We are all the agents who will create that
change.
What world will we create ?