The many PERSPECTIVES of MDIA
Conventional accounting has a focus on the business organization and only does the reporting from the perspective of the organization and its owners. MDIA enables accounting and reporting in many dimensions and from many very perspectives especially :
...... Profit (the Organization);
...... The discreet economic activity;
...... People;
...... Place (Planet);
...... Product; and
...... Process.
| Open list0300-MDIA-Perspectives
|
Perspective of the ORGANIZATION
The profit performance of an ORGANIZATION has been at the center of economic performance analysis for generations and is very important, but the profit performance of an organization and the stock value or the organization are not a good proxy for the performance of society as a whole. The organization is a key economic actor, but the metrics for performance should reflect impact on all capitals.
| Open list0300-MDIA-Perspective-Organization
|
Perspective of the DISCREET ECONOMIC ACTIVITY
The discreet economic activity is the one that drives everything. In a corporate organization a department might operate as a discreet economic activity, and its performance aggregates into the overall performance of the organization. A discreet economic activity in a place aggregates for the place and impacts everything: organization, people and natural capital.
| Open list0300-MDIA-Discreet-Economic-Activity
|
Perspective of PEOPLE
The underlying purpose of economic activity is to improve and maintain quality of life for an individual and the family. In turn the behavior of people has an impact on everything. There are also different results depending on what role a person has in the economy.
| Open list0300--MDIA-Perspective-People
|
Perspective of the PLACE
A place does not move. A place is where people live and work. A place is where discreet economic activities are located. A place is where important externalities can be observed and where it is possible to have practical accountability.
| Open list0300--MDIA-Perspective-Place
|
Perspective of PROCESS
PROCESS is a part of FLOW, and the piece that is responsible for transformation in the enviro-socio-economic system. It is the relationship between inputs and outputs in a PROCESS that determine the efficiency and effectiveness of the system These are very important in the progress and performance of the system.
| Open list0300-MDIA-Perspective-Process
|
Perspective of PRODUCTS
Probably more than anything else, it is PRODUCTS ... goods and services ... that enable quality of life. PRODUCTS flow through a supply chain, into an economic activity / organization as inputs and then as PRODUCTS that get purchased by people, and then used and eventually go into a post-use waste chain. Improve PRODUCTS along their complete life cycle and eveything else improves.
| Open list0300-MDIA-Perspective-Product
|
