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#8
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PEOPLE / QUALITY OF LIFE
THE MAIN GOAL SHOULD BE BETTER QUALITY OF LIFE
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GO TOP
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SOCIAL IMPACT / SOCIAL CAPITAL
Determined by INDIVIDUAL and FAMILY and FRIENDS ... also by PLACE and POLICY
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The State of Society / Social Capital
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HUMAN CAPITAL
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RELATIONSHIP CAPITAL
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LOCATIONAL CAPITAL
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Young Child
The basis for everything important ...
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Grown Adult
... and enabling a positive contribution.
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Family
The family an important part of the social structure
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Community
... as well as good friends and community.
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Place
Everything comes together in a place
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Products
Goods and services accessible and affordable
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There has been progress in the past 200 years ... but still far too many people left behind, and not being addressed
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- Aggregation of Quality of Life at the individual level ... Human Capital
- Modified and augmented by family, friends, connections ... Relationship Capital
- Modified also by the enabling aspects of place ... the Locational Capital
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Value Add ... the Contribution of People
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Parenting
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Working
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Family
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Community
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Research
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ElderCare
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- People Contribute and Add to Social and Economic Capital
- People only have a limited amount of time in their lives ...
- What they do with this time is what matters
- Much of what matters is not measured
- Because there is little or no pay, does not mean it does not have value.
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Value Loss ... the Cost of Being Alive
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Food I
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Food II
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Housing
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Clothes / Stuff
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Mobility
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Education
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- Costs of Living are a net True Cost to Economic Capital
- Costs of Living are strongly correlated with environmental degradation ... reduce Natural Capital.
- Patterns of consumption really matter ... meat has very high True Cost.
- More and more GDP growth may be profitable but it is dangerously unsustainable
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Value Add ... the Contribution of People
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Parenting
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Working
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Family
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Community
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Research
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ElderCare
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- People Contribute and Add to Social and Economic Capital
- People only have a limited amount of time in their lives ...
- What they do with this time is what matters
- Much of what matters is not measured
- Because there is little or no pay, does not mean it does not have value.
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Value Loss ... the Cost of Being Alive
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Food I
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Food II
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Housing
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Clothes / Stuff
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Mobility
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Education
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- Costs of Living are a net True Cost to Economic Capital
- Costs of Living are strongly correlated with environmental degradation ... reduce Natural Capital.
- Patterns of consumption really matter ... meat has very high True Cost.
- More and more GDP growth may be profitable but it is dangerously unsustainable
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MANY ACTORS
MANY PERSPECTIVES and COMPLEX INTERACTIONS
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L0700-PE-THINKERS
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
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Open L0200-PE-THINKERS
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L0700-IE-PEOPLE
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
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Open L0700-IE-PEOPLE
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L0700-RE-PEOPLE
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
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Open L0700-RE-PEOPLE
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SOCIAL CAPITAL / QUALITY OF LIFE
... m
Determined in part by the INDIVIDUAL and FAMILY and FRIENDS
Determined in part by PLACE: Access to goods and services ... and community
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An Individual
A better quality of life for everyone
... more
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The Family
The family an important part of the social structure
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The Community
Good friends and community positive for quality of life
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The Place
Everything comes together in a place ... or doesn't
... more
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Nature
The environment really matters ... for health and sustainability
... m
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The Economy
The dignity of work, and source of everything to enable the good life
... m
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The Value of People from the perspective of the Company
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Company ... Pategonia ... The Value of People
Patagonia: The Incomparable Authentic Brand ... Excerpts from a book by Marc Stoiber
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Open file 9146
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COMPONENTS OF SOCIETY / SOCIAL CAPITAL / HUMAN CAPITAL
There are many things that go into a good society and one where human capital can be at its best. These things have rarely been quantified, no matter how important they are to quality of life.
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ACCESS to all the things that matter
Many of these things are determined by PLACE
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GO TOP
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ACCESS to a variety of things that matter:
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Air pollution in Thailand
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(1) Clean air
... more
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Fresh clean water
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(2) Clean water
... more
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Fresh healthy food
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(3) Healthy food
... more
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(4) Energy
Energy has been a key driver of social progress since the beginning of the industrial revolution. Without access to energy, it is difficult to have a good standard of living.
Different energy sources have different social and environmental impacts that are important to take into consideration.
... more
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Health care when needed
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(5) Healthcare
... more
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Primary School
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(6) Education / skills training
... more
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Public transport
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(7) Transport
... more
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Trusted friend
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(8) Physical safety / security
... more
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A foundational ethic
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(9) Religious / spiritual freedom
... more
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Family fun
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(10) Recreation
... more
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Dance
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(11) Cultural activities
... more
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(12) Community cohesion
... more
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QUALITY OF LIFE / WHAT GOES INTO QUALITY OF LIFE
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GO TOP
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There are many components to Quality of Life:
(1) PAST / PREPARATION FOR LIFE ... Genetics / Childhood / Education / Training / Experience
(2) THE STATE OF ONE'S LIFE ... Today's situation ... everyone needs certain basics in order to survive. More does not always mean better. More that offsets a deficit is good, but more merely to satisfy an addiction can be terribly bad! FUTURE OPPORTUNITIES / POSSIBILITIES
(3) FUTURE OPPORTUNITIES / POSSIBILITIES ... The future ... tomorrow's opportunities ... depends on PLACE
(4) CONTRIBUTION ... The added value from a person's activities ... depends on the capacities of the person and the opportunities and possibilities of the PLACE
(5) COST-OF-LIVING ... The costs associated with a person's living ... some of these are the cost of essentials and that depends on the PLACE and some costs are the choice of the individual
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ENERGY
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ENERGY FOR HOUSEHOLD USE
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ENERGY FOR TRANSPORTATION
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FAMILY AND FRIENDS / COMMUNITY
The role of FAMILY AND FRIENDS in quality of life / The role of the community and neighborhood.
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PARENTING
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MENTORING
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SAFETY / SECURITY / PEACE
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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HUMAN CAPITAL QUANTIFICATION (placeholder)
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PEOPLE - THEIR VALUE, COST AND CONTRIBUTION
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PEOPLE ... THEIR VALUE
A person ... a human being ... has a certain intrinsic value. This value is not normally expressed in money terms, in fact it is rarely numbered in any way at all.
An individual human life has a huge value. Young mothers often describe the value of their new baby as being 'priceless'.
For the purpose of numbering ... a human life may be assigned a value of 1,000,000 ... that is one million. This is not a million units of currency (e.g. dollars) but a specific measure related to human value or human capital.
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PEOPLE ... THEIR COST
A person cannot survive without some basic needs ... food, water, shelter, clothes and some other supplies. These are the basic costs of human survival.
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PEOPLE ... THEIR CONTRIBUTION
A person has capabilities that are able to be used in order to do things that enable needs to be satisfied.
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THE TVA DYNAMIC OF PEOPLE AND THEIR QUALITY OF LIFE
THE CHANGES THAT HAPPEN OVER A LIFETIME
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STAGES OF LIFE
A person lives a lifetime ... maybe short or long. The dynamic of a person's life changes over time depending on their stage in life.
When a person is born, all of this person's life is in the future. When a person is old, most of life is behind ... in the rear-view mirror. Very different components go into an understanding a person's value as the years pass from being born to being a senior and going through a series of stages.
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CHILDREN / YOUNG PEOPLE
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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WORKING AGE ADULTS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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POST WORK SENIORS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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SEGMENTATION OF THE POPULATION (I)
DIFFERENT WAYS PEOPLE GROUP TOGETHER
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DEMOGRAPHIC SEGMENTATION
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.
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AN INDIVIDUAL
Every individual should be a positive part of the global system ... everyone ... not just those with wealth and power and therefore influence!
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GO SlideNav-for-TVA#PEOPLE
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THE FAMILY
Family has been an important component of society for thousands of years ... and still important!
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FRIENDS
Almost as important as family ...
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COMMUNITY
An important part of the foundation for quality of life ...
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SOCIETY / SOCIAL CAPITAL
Another manifestation of community ... bigger / broader.
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SEGMENTATION OF THE POPULATION (II)
DIFFERENT GOALS FOR PEOPLE DEPENDING ON STATION IN LIFE
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EMPLOYEES / WORKERS / HUMAN CAPITAL
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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C-SUITE DECISION MAKERS / DIRECTORS / TOP MANAGERS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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BANKERS / INVESTORS
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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CONTRIBUTION
THE CHANGES THAT HAPPEN OVER A LIFETIME
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INCOME PRODUCING ACTIVITIES
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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RECREATION
A concept that has tried to put 'value' onto an individual ... but usually from a wrong perspective
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PERSONAL FINANCE
BUILDING MONEY WEALTH AND FINANCIAL SECURTY
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PERSONAL FINANCE
Personal financial issues are not well understood by most people ... and massive amount of exploitation by banks, corporates and business in general.
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THE ROLE OF WEALTH
An individual's wealth (financial capital) is only one contributing part of what makes up a person's quality of life ... an individual's human capital, but only a part.
Human capital in the present has been achieved by an individual's history … such things as parenting, nutritious food, good healthcare, good education, good surroundings, role models and so forth. Skills and experience are accumulated over time. There is a historic cost to getting these things, but the value accumulation is reflected in the present. Past earnings that are not spent but saved, factor into the human capital of the present.
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PEOPLE NETWORKS AND CONNECTIONS
IMPORTANT FOR GETTING THINGS DONE
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PEOPLE / NETWORKS / CONNECTIONS
Networks and connections have always been important ... but have much more importance in the modern very connected world
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Open L0200-PEOPLE
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PEOPLE
Some of the people that have had or are having some influence on the development of TVA ... for good and bad
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Open L0200-PEOPLE
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PEOPLE / CONNECTIONS ... Burgess Linkedin Connections
Peter Burgess Linkedin Connections ... family name alphabetical ... several thousand
| Open list 0600L-Alphabetical
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THINKERS
NAVIGATION TO THINKERS / PEOPLE ... THOUGHT LEADERS ... in ALPHABETICAL SEQUENCE
| Open L0200-THINKERS
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Quality of Life(TO COME)
Quality of Life
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Spiritual Capital (TO COME)
Spiritual Capital
| TO COME
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Measuring Human Capital (TO COME)
Measuring Human Capital
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Perspective(TO COME)
Human Capital is valued from the perspective of the individual. This is not the same as the value of human capital from the employer perspective.
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A person's history (TO COME)
A person's history factors into the value of human capital. It is history that has enabled the present and opens the potential of the future
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A person's surroundings(TO COME)
A person's surroundings together with history factor into the value of human capital. It is surroundings that influence the state of quality of life in the moment.
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A person's future surroundings(TO COME)
A person's future surroundings together with a person's history factor in the opportunities and future potential ... which when discounted back to the present are a part of the present state of quality of life
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The Value of People from the perspective of the Company
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Company ... Pategonia ... The Value of People
Patagonia: The Incomparable Authentic Brand ... Excerpts from a book by Marc Stoiber
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Open file 9146
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Nature ... The environment really matters ... for health and sustainability
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COMPONENTS OF SOCIETY / SOCIAL CAPITAL / HUMAN CAPITAL
There are many things that go into a good society and one where human capital can be at its best. These things have rarely been quantified, no matter how important they are to quality of life.
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What Makes Work Meaningful — Or Meaningless
New research offers insights into what gives work meaning — as well as into common management mistakes that can leave employees feeling that their work is meaningless.
by Catherine Bailey, Adrian Madden ... 11 pages
'http://truevaluemetrics.org/DBpdfs/Initiatives/MITSloan/MITSMR-57417-What-Makes-Work-Meaningful-Or-Meaningless.pdf'
| Open PDF ...
MITSMR-57417-What-Makes-Work-Meaningful-Or-Meaningless.pdf
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I am curious about what all of you think about your QUALITY OF LIFE?
A message sent to a small group to test the TVM idea about how QUALITY OF LIFE performance might be assessed
SENT date: Tue, Apr 17, 2018 at 2:42 PM
FROM: Peter Burgess
TO:
Frank Wennin
A M Gover ,
Richard Flyer ,
Abe Duran ,
Billy Spearman ,
Bud James ,
Steve Gronka ,
Charles Stewart ,
Micky Metts ,
John G Root Jr ,
Eco Lake
subject: Re: A Map for Profound Wellness.
Dear Frank et al,
I am curious about what all of you think about your QUALITY OF LIFE?
What are the elements that go into giving you YOUR quality of life?
For myself, these are the various issues that I think about ... for myself, and also for others:
ACCESS to a variety of things that matter:
(1) Clean air
(2) Clean water
(3) Healthy food
(4) Energy
(5) Healthcare
(6) Education / skills training
(7) Transport
(8) Physical safety / security
(9) Religious / spiritual freedom
(10) Recreation
(11) Cultural activities
(12) Community cohesion
MY OWN STATE OF:
(a) Happiness
(b) Home / shelter
(c) Material goods
(d) Job / employment / income
(e) Opportunities
(f) Health / Wellness
(g) Wealth
(h) Relationships / family
(i) Relationships / friends
(j) Stress
(k) Longevity
As to measurement, it is difficult to get at an 'absolute' number that has any meaning. On the other hand it is much easier to get some measure that is 'relative' and will show trends.
So ... my current thinking in this regard is as follows:
* ... For each of the above elements, consider 1 to be the value that reflects a decent quality of life ... from your individual perspective.
* ... For each of the elements, then give each a number that reflects how you are relative to a decent quality of life ... so 0.5 will represent being a long way short of being where you want to be, and 1.5 will reflect you being at a situation that is really very good.
* ... Do this exercise for how you figure you are at the present time.
* ... Then do the same thing, thinking back to where you were at some time in the past ... a year ago ... or perhaps 10 years ago.
* ... Then do it again, but this time thinking forward to where you can reasonably expect to be in a year's time into the future.
I would love to get feedback about this framework for assessing the progress for quality of life . I have tried to make it relatively easy and simple while compiling something that is really useful. Though I have gone though many iterations of this idea already, but would welcome independent input and fresh views. It is entirely possible that I am too close to this to be objective any more.
With best regards
PeterB
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PEOPLE / QUALITY OF LIFE
THE PEOPLE ECONOMY ... QUALITY OF LIFE / STANDARD OF LIVING / HUMAN CAPITAL AND SOCIAL CAPITAL
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Human Capital / Babies / Families / Sports Team
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TO DO ... update images to be more relevant to the subject matter
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Cruise ships
Queen Elizabeth
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THE PEOPLE PERSPECTIVE
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THE PEOPLE PERSPECTIVE
The purpose of everything should be to ... improve quality of life. It is the essence of humanity ... and should be the main measure of success.
An individual's wealth (financial capital) is only one contributing part of what makes up a person's quality of life ... an individual's human capital, but only a part.
Human capital in the present has been achieved by an individual's history … such things as parenting, nutritious food, good healthcare, good education, good surroundings, role models and so forth. Skills and experience are accumulated over time. There is a historic cost to getting these things, but the value accumulation is reflected in the present. Past earnings that are not spent but saved, factor into the human capital of the present.
Society or community also feeds into an individual's human capital. A society that has no violence and is supportive of an individual adds to human capital. A society where there is a future full of opportunity is also part of the state of human capital in the present.
The present value of the future depends on what the future looks like, but also depends on what the individual has done in the past to be in a position to take advantage of the future.
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QUALITY OF LIFE
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QUALITY OF LIFE
Many things go into quality of life ... history, the present and the future ... and a very wide range of social, environmental and economic elements
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Open L0700-PQL-QUALITY-OF-LIFE
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HUMAN CAPITAL QUANTIFICATION (placeholder)
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MASSIVE INCREASE IN WORKER PRODUCTIVITY, BUT GOOD WORKING FOLK HAVE FLATLINED FOR DECADES
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Indian family
South Asia
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Arab Women
Middle East
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ULTRA RICH PEOPLE HAVE GAMED THE SYSTEM
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REALLY NASTY BAD ACTORS
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Bill Gates
Microsoft
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Carlos Slim
Grupo Carso
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Peter Thiel
tech entrepreneur
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Idi Amin
Uganda
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Muammar Gaddafi
Libya
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PEOPLE AS CONTRIBUTORS ... AS DECISION MAKERS
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AS INDIVIDUALS
Live life ... work & family
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IN ORGANIZATIONS
Do the work ... make the decisions
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AS INVESTORS
Allocate financial resources
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