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ORGANIZATIONS as ACTORS
CHARACTERISTICS OF ORGANIZATIONS
THE WAY TEAMWORK GETS STRUCTURED
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IBM
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Microsoft
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Oracle
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The Elders
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CONVENTIONAL FINANCIAL REPORTING IS EVERYWHERE / MORE AND MORE IMPACT REPORTING IS BECOMING A NEW NORMAL
ORGANIZATIONS: Banks / E-Business / Big retail / Franchise chains / Small business
Organizations report more than any other part of the socio-enviro-economic system, but the focus is all about financial performance and the impact for owners / investors. External impacts are ignored in conventional accounting and financial reporting. TVIA builds on the existing conventional accounting making it possible to also report on material externalities that impact people, society and the environment.
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NAVIGATION VIA DIFFERENT GROUPS OF ORGANIZATIONS
There are many types of organizations, and many individual organizations. All of them have different characteristics. Some are making profit and doing good. Others are making profit and doing immense damage to society and / or the environment. We need to know a lot more about these characteristics in a way that is efficient, timely and relevant.
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ORGANIZATION / ORGANIZATIONS
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THE ROLE OF ORGANIZATION / ORGANIZATIONS ... ESSENTIAL TO MANAGING AT SCALE
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT ...
Without organization there is chaos. One of the things that has made modern productivity possible
Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
There are many types of organizations, and many individual organizations. All of them have different characteristics. Some are making profit and doing good. Others are making profit and doing immense damage to society and / or the environment. We need to know a lot more about these characteristics in a way that is efficient, timely and relevant.
No organization can be successful 'on its own' ... a successful organizations understands the context where it is working and acts accordingly.
The most successful organizations are those that have a meaningful social purpose as well as being able to give a decent return to the investors that fund the organization.
The idea that the main purpose of an organization is merely to make the maximum return for the owners is a legal construct that originated in the USA in the 1920s when Henry Ford and the Dodge Brothers were engaging in very unfriendly litigation ... rather the main purpose of many great organizations has been to do good for society as, for example, the manufacture of Sunlight Soap in the 1880s in order to improve health by a company that went on to become Unilever
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THE ROLE OF ORGANIZATIONS
ORGANIZATIONS ARE USED TO IMPLEMENT IDEAS.
Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
There are many types of organizations, and many individual organizations. All of them have different characteristics. Some are making profit and doing good. Others are making profit and doing immense damage to society and / or the environment. We need to know a lot more about these characteristics in a way that is efficient, timely and relevant.
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THE ROLE OF ORGANIZATION / ORGANIZATIONS ... ESSENTIAL TO MANAGING AT SCALE
ORGANIZATIONS - a critical component of the socio-enviro-economic system that enables efficiency
ORGANIZATIONS ARE USED TO IMPLEMENT IDEAS. ... Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
ORGANIZATION provides a framework for getting things done and achieving operational efficiency
ORGANIZATIONS ... Many different ways to organize ... different approaches ... different stakeholders ... different ownership ... but essential for performance efficiency
PRIVATE SECTOR ORGANIZATIONS ... THE BEST CONTRIBUTE SIGNIFICANTLY TO QUALITY OF LIFE ... THE WORST DO IMMENSE DAMAGE TO SOCIETY AND THE ENVIRONMENT
FOR PROFIT ORGANIZATIONS ARE EFFICIENT FOR MONEY CAPITAL FORMATION BUT NOT SO MUCH FOR SOCIETY AND ENVIRONMENT
NOT FOR PROFIT ORGANIZATIONS / NGOs exist to do good without a profit motivation. They are supported mainly by philanthrpy and to some extent by government grants
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Many Forms of Organization
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ORGANIZATION
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT
WITHOUT ORGANIZATION THERE IS CHAOS. There are many ways to organize, but the primary goal of organization is to do something with efficiency. Measurement is an essential part of effective organization.
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Benefit Corporations (B-Corp)
Not all jurisdictions in the United States allow incorporation as a 'benefit' corporation.
In my experience managers of for profit organizations have been concerned that they are constrained from 'doing good' when it is likely that doing good will degrade theire profit performance. Accordingly they have welcomed the idea of the 'benefit corporation' where it becomes possible for the mission of the organization to include doing good even where it iwll degrade profit performance.
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Certified Benefit Corporations
Certification is provided by B-Lab according to an evolving standard. It is valid for two years. The certification is available no matter what the form of organization and the jurisdiction of the incorporation.
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The differences between the incorporated Benefit Corp and the certified Benefit Corporation
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