TrueValueMetrics ... Impact Accounting for the 21st Century

Date: 2024-06-30 Page is: DBtxt003.php L0200-SI-SECTORS-INDUSTRIES

NAVIGATION for SECTORS / INDUSTRIES
MUCH OF THE ECONOMIC SYSTEM IS ORGANIZED BY SECTOR

Peter Burgess COMMENTARY

Peter Burgess

INPAGE NAVIGATION - ALPHABETICAL

SECTORS / INDUSTRIES
Every sector, every industry, has become very specialized and over a long period of time has been optimized for profit performance. Profit performance has been exceptional for decades, but too little attention has been paid to social and environmental issues. This must change. Process improvements are essential and must focus in improving social impact and environmental impact as well as merely being more profitable.

SECTORS-INDUSTRIES
Sector specialization is one of the characteristics of much of the modern economy. It has enabled a high degree of technical specialization which has been very valuable in achieving technical improvement and more technical efficiency. National and international governance institutions have tended to organize along sector lines and this has helped to promote the interestes of sectors in some cases without taking into consideration cross ector issues.
TPB Note: In my own experience most development initiatives from the World Bank, the United Nations and others have been designed with a single sector focus. They have frequently failed to deliver on their planned goals simply because they needed support from other sector activities which were weak or non-esistant. It was my experience that the success of a PLACE depended on ALL SECTORS coming together in a holistic manner, and it was my experience that the development organizations had very poor mechanisms to solve problems outside the limits of the sector or the limits of the project.
The TVM initiative addressed this problem by retaining the role of a sector from the technical perspective, but also includes STREAMS / STRANDS / STRINGS to reflect the ways in which there are FLOWS through different parts of the socio-enviro-economic system.

SECTOR / INDUSTRY The economy has been segmented by SECTOR or INDUSTRY for a long time, and more so as specialization has created significant differences between the various segments of the econmy. This works for a simple analysis of the economy and its performance, but less so for a global complex interconnected socio-enviro-econmic system
STREAM / STRAND / STRING For a global complex interconnected socio-enviro-econmic system, it is useful to think in terms of STREAMS or STRANDS or STRINGS which flow through many different parts of the system and in the process contribute to progress and maintenance of the system or not.
PROCESS PROCESS is at the core of every NODE in the Socio-Envire-Economic System and therefore a critical element in determing the efficiency of the system
	Open L0700-TVM-FLOW-PROCESS-CHANGEinSTATE

BOOK DRAFT: Sector Perspective on Society and Economy BOOK DRAFT material for Sector Perspective on Society and Economy. Some of the material was used in the BURGESS BOOK	Open file bk0020000
BOOK DRAFT: Sector Perspective on Society and Economy BOOK DRAFT material for Sector Perspective on Society and Economy. Some of the material was used in the BURGESS BOOK	Open file L0902-TVM-SP-2018-000000

	… and specifically this mean making all the PROCESSES that are used to support our QUALITY OF LIFE more efficient not only to make more PROFIT but also to have a BETTER IMPACT on SOCIETY (PEOPLE) and ENVIRONMENT (PLANET).
	For example … OIL AND GAS ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … attention to the matter of waste water and solid matter polluting the environment; … attention to the matter of oil pollution during production and transportation: … and a whole lot more.
	For example … in AGRICULTURE ... better stewardship of WATER use; … attention to pollution from run-off containing fertilizers, herbicides, pesticides, etc; … more responsible use of animal medication to avoid risk of drug resistance important for human health; … the issue of worker exploitation and workplace safety; … and a whole lot more.
	For example … TRANSPORTATION ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … attention to the matter of waste water and solid matter polluting the environment; … and a whole lot more.
	For example … OFFICE BUILDINGS ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … and a whole lot more.
	For example … HEAVY INDUSTRY ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … attention to the matter of waste water and solid matter polluting the environment; … the issue of worker exploitation and workplace safety; … and a whole lot more.
	For example … MINING ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … degradation of the land; … attention to the matter of waste water and solid matter polluting the environment; … the issue of worker exploitation and workplace safety; … and a whole lot more.
	For example … CONSTRUCTION ... … attention to the use of ENERGY; … attention to the matter of EMISSIONS into the atmosphere; … attention to the matter of waste water and solid matter polluting the environment; … the issue of worker exploitation and workplace safety; … and a whole lot more.
CONCLUDING OBSERVATION ... … more than anything else improving the EFFICIENCY of PROCESS will change the trajectory of global socio-enviro-economic performance; … in the past efficiency has simply been about less COSTS and more PROFIT; … in the future EFFICIENCY has to be about better QUALITY OF LIFE for PEOPLE with very little of no damage to the ENIRONMENT (PLANET) INTEGRATED FINANCIAL AND IMPACT ACCOUNTING ... … integration of financial and impact accounting will make it possible for very much better decisions to be made. … high efficiency can be rewarded and there can be social accountability for bad practices and low efficiency. CHIEF PERFORMANCE OFFICER Maybe in the near future it will be possible to rename the CFO (Chief Financial Officer) to be the CPO … the Chief Performance Officer, a C-level position that integrates financial performancewith impact on society (people) and impact on the environment (planet).

BURGESS BOOK DRAFT - SECTOR BOOK

Chapter 1. Sector Perspective
This chapter describes the importance of a multi-sector approach ... how a single sector initiative frequently fails because some other sector is not functional. This chapter also highlights the importance of sector specific technical capacity.

Open bk0020100

Chapter 2. Sectors: Governance ... Government This chapter expands on the many components of these sectors including:		Open bk0020200
	The legislative functions of government
	The executive functions of government
	The enforcement of law and order

Chapter 3. Sectors: Infrastructure This chapter expands on the many components of these sectors including:		Open bk0020300
	Elements of the transport infrastructure
	Elements of the communications infrastructure
	Elements of the energy infrastructure
	Elements of the housing and real estate infrastructure

Chapter 4. Sectors: Agriculture, Fisheries and Food This chapter expands on the many components of these sectors including:		Open bk0020400
	Crop Agriculture
	Livestock agriculture
	Fisheries
	Post harvest processing
	Post harvest marketing

Chapter 5. Sectors: Industrial Sector This chapter expands on the many components of these sectors including:		Open bk0020500
	Mining
	Manufacturing
	Construction
	Tourism

Chapter 6. Sectors: Trade and Logistics This chapter expands on the many components of these sectors including:		Open bk0020600
	Ocean and air shipping
	Ports and airports
	Warehousing
	Internal rail and truck
	Wholesale
	Retail

Chapter 7. Sectors: Service Sectors This chapter expands on the many components of these sectors including:		Open bk0020700
	Banking and insurance
	Healthcare
	Education

Chapter 8. A lot more issues ... afterword
This chapter starts the dialog about how sector activity should be incorporated into activities to progress society and the economy.

Open bk0020800

AGRICULTURE SECTOR

GO TOP

	CROP AGRICULTURE	Open L0700-SI-AGRICULTURE-CROP
	LIVESTOCK AGRICULTURE	Open L0700-SI-AGRICULTURE-LIVESTOCK

ARMAMENTS SECTOR

GO TOP

Arms

Open L0700-SI-Arms

BANKING AND FINANCIAL SERVICES SECTOR

GO TOP

	BANKING-FINANCIAL-SERVICES	Open L0700-SI-BANKING-FINANCIAL-SERVICES
	Cement / Concrete	Open L0700-SI-Cement-Concrete
	CONSTRUCTION
	EDUCATION	Open L0700-SI-EDUCATION
	ENERGY	Open L0700-SI-ENERGY
	FISHERIES	Open L0700-SI-FISHERIES
	FISH FARMING (Aquaculture)	Open L0700-SI-FISH-FARMING
	FISH FARMING (Aquaculture)	Open L0700-SI-fish-seafood-sector
	GOVERNMENT-PUBLIC-SECTOR	Open L0700-SI-GOVERNMENT-PUBLIC-SECTOR
	HEALTH	Open L0700-SI-HEALTH
	INVESTMENT	Open L0700-SI-INVESTMENT
	Iron-and-Steel	Open L0700-SI-Iron-and-Steel
	LOGISTICS Logistics ... mainly ships, have made international trade possible and over time increasingly economically efficient. The application of engineering and technology to optimize for cost and profit performance has been impressive. Social and environmental innovation now needs to catch up.	Open L0700-SI-LOGISTICS
	MEDIA	Open L0700-SI-MEDIA
	MILITARY INDUSTRY COMPLEX	Open L0700-SI-MILITARY-INDUSTRIAL-COMPLEX
	Military	Open L0700-SI-Military
	Mining	Open L0700-SI-Mining
	POLICE	Open L0700-SI-POLICE
	POLITICS	Open L0700-SI-POLITICS
	PROFESSIONS	Open L0700-SI-PROFESSIONS
	Pulp-Paper	Open L0700-SI-Pulp-Paper
	RAILWAYS	Open L0700-SI-RAIL-TRANSPORT
	REAL ESTATE	Open L0700-SI-REAL-ESTATE
	SEAPORTS A critical choke point for efficient international trade. There have been massive improvements in productivity in the period since the 1950s as a result of containerization and use of computerized management practices.	Open L0700-SI-SEAPORTS
	Shipping	Open L0700-SI-Shipping
	SOCIAL MEDIA	Open L0700-SI-SOCIAL-MEDIA
	SPORTS	Open L0700-SI-SPORTS
	TECHNOLOGY	Open L0700-SI-TECHNOLOGY
	TRANSPORT	Open L0700-SI-TRANSPORT
	TRANSPORT-AIRCRAFT	Open L0700-SI-TRANSPORT-AIRCRAFT
	WASTE	Open L0700-SI-WASTE
	WATER / SEWER	Open L0700-SI-WATER-SEWER

ALL THE PROCESSES
THE IMPACT OF ACTIVITIES / STREAMS / SECTORS
These are responsible for the amazing improvement in quality of life and standard of living over the past 200 years, and also responsible for the degradation of the environment. The efficiency of these are the key to a better world.

Open L0700-RE-PROCESSES

STREAMS / STRANDS / STRINGS
STREAMS / STRANDS / STRINGS REFLECT THE FLOWS THROUGH THE SOCIO-ENVIR0-ECONOMIC SYSTEM
LINKS BETWEEN PRODUCTION AND CONSUMPTION, DEPLETION OF NATURAL CAPITAL AND IMPROVEMENT IN HUMAN CAPITAL

Open L070-SS-STREAMS-STRANDS-STRINGS

SECTORS / INDUSTRIES per SASB
Mapping the SASB framing of the issues to the TVM approach

An alternative navigation

Open L0700-SI-per-SASB

	BANKING-FINANCIAL-SERVICES L0700-SI-BANKING-FINANCIAL-SERVICES	Open L0700-SI-BANKING-FINANCIAL-SERVICES
	BUSINESS ORGANIZATIONS L0700-SS-BUSINESS-ORGANIZATIONS	Open L0700-SS-BUSINESS-ORGANIZATIONS
	EDUCATION L0700-SI-EDUCATION	Open L0700-SI-EDUCATION
	HEALTH L0700-SI-HEALTH	Open L0700-SI-HEALTH
	INVESTMENT L0700-SI-INVESTMENT	Open L0700-SI-INVESTMENT
	L0700-SI-LOGISTICS L0700-SI-LOGISTICS	Open L0700-SI-LOGISTICS
	L0700-SI-MEDIA L0700-SI-MEDIA	Open L0700-SI-MEDIA
	L0700-SI-MILITARY-INDUSTRY-COMPLEX L0700-SI-MILITARY-INDUSTRY-COMPLEX	Open L0700-SI-MILITARY-INDUSTRY-COMPLEX
	L0700-SI-POLICE L0700-SI-POLICE	Open L0700-SI-POLICE
	L0700-SI-POLITICS L0700-SI-POLITICS	Open L0700-SI-POLITICS
	L0700-SI-Pulp-Paper L0700-SI-Pulp-Paper	Open L0700-SI-Pulp-Paper
	L0700-SI-Iron-and-Steel L0700-SI-Iron-and-Steel	Open L0700-SI-Iron-and-Steel
	L0700-SI-TRANSPORT L0700-SS-TRANSPORT	Open L0700-SI-TRANSPORT
	L0700-SI-TRANSPORT-AIRCRAFT L0700-SI-TRANSPORT-AIRCRAFT	Open L0700-SI-TRANSPORT-AIRCRAFT
	L0700-SI-WASTE L0700-SI-WASTE	Open L0700-SI-WASTE
	L0700-SI-WATER-SEWER L0700-SI-WATER-SEWER	Open L0700-SI-WATER-SEWER

STREAMS: MINING / MANUFACTURING / LOGISTICS
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