Sara Olsen was selected as one of the founder and CEO of SVT Group, ioccp a consulting firm recognized the authority and expertise in the best social value measurement / management, in 2012 the United States Bloomberg Business Week 'most promising social entrepreneurs in the United States' . SVT Group is the Rockefeller Foundation through the SROI, Goldman Sachs Foundation, Humanity United, etc. and measure the social value of large foundations and businesses to carry out research. Sarah was also established in collaboration with the Global Social Venture ioccp Competition (GSVC) with the Berkeley MBA school colleagues.
The attention to distinguish the positive business and non business affects the society has led to a hot debate on corporate social responsibility in recent years (Corporate Social Responsibility, CSR). But sit down and take a moment to open for this 'CSR' had become ioccp like a mantra, why not imagine that we see again that we have the power to design the business world from the beginning.
Health: welfare of friends and family (well-being), our own health and happiness. Financial value: financial stability and educational opportunities. That meets the needs of themselves ioccp and their families and having the financial means to pursue the economic benefits worth: I belong to another person or financial stability and environmental ioccp values of the community: Although human life is totally easy for the importance of commitment Forgetting to fresh air, clean water, wood, food, natural resources ecosystem encompassing trust: trust in each other to bring about the individuals or institutions
Unfortunately, we were so far focused only on measures of financial value. The problem is traditional accounting methods, ie the business world, non-profit, and governmental accounting method currently used is the health, economic value (financial value for other stakeholders in addition ioccp to shareholders), environmental values, such as trust and reliable is that value to exclude from the calculation. In fact, the financial value samneun only target ioccp traditional accounting methods are mediocre work. While not as well was increased by 10-fold unit of the world in terms of financial ioccp worth in the past 200 years, since 1950 the average life of the whole world population was doubled during the same period grew seven-fold ioccp expansion. ioccp This is evidence to accounting language that allows the communication of financial value effectively work was the result of industrial and economic development can be interpreted jyeotdago to enrich our lives largely in the process.
But over the past few decades, this increased wealth and relevant obese, or have diseases like type 2 diabetes and occurs is ironic situations that threaten our health. In addition, except for a few years in the early 2000s was the rapid growth of emerging economies with a focus on Brazil, Russia, India, China, the former ioccp world-class economic inequality has been deepening steadily since the early 19th century. Environmental ioccp damage is serious enough to threaten the Earth's ability to sustain human life. And clarity about the situation that is currently occurring and tens of thousands ioccp of accounting professionals are responsible for presenting the correct picture are located lower than ever in the trusts.
Was the current global economy is happening in the market can be measured transaction ioccp information based on the accounting and financial management and ttil look like today, thanks to built a system that can communicate. However, because of the financial value overlooked by other values at the same time, financial as well as non - missed a tremendous opportunity to improve the quality of life in the financial aspect. Because health, wealth and "natural capital (natural capital)" and the same elements are evenly despite a significant influence on our lives existing piecemeal accounting ioccp principle does not consider these multiple values.
Developing a way to include in all of these critical value accounting, we can achieve a more desirable and healthy economic success the current. ioccp I am the accounting methods referred to as "financial impact". By applying the impact accounting covering a wide range of values here it is important ioccp for people to be typed everyday business operations and the value of these companies will position them more effectively identify and create that. When you do business can finally say that new wealth creation in the real financial perspective.
Accounting measurement of the impact is not impossible. Possible reason Impact updated accounting standards is that there are core principles and appeared for just social / environmental ioccp accounting. Manager of business and non-profit organizations up to several thousand people in the world, government officials, researchers, and to create a practical and reliable measure of the experts while they last decade of the external sector ioccp social / environmental values played an important role. IRIS, which provides social value and presented the principles for measuring that definition for the SROI Network, social / environmental performance and standards concerning the measurement ioccp and reporting (Impact Reporting and Investment Standards), and managing the social impact of the company The guidelines for SPM (Social Perform-ance Management) is the result of those efforts, such as the Network representative result, we hold out a framework under which in dozens of countries worldwide.
The fiscal impact is also an inevitable choice. So far for most of history, mankind has walked people live a lifetime in the range a few miles not far from where he was born and also died. This time it was possible to stay there to know all of the people who live in the same town. Who were able to identify a reputable person they are and to be fair daehaneunji people, know that it is not that you ever had to use a lot of water and unfairly pool for their cattle also showed that they are not products ioccp from reliable.
Throughout the industrialized but we learned was how petite your business grow significantly expanding population of the city was developing rapidly. In addition, ioccp if the buying raw materials, production, and customer contact, the regional scope of activities taking place throughout the world, including landfill expansion was not a village, and thus more difficult to As neighbors know each other really well produce a good product out also it became impossible to determine ioccp whether reliable person. In large positions environmental degradation and labor exploitation, as well as lovable ioccp nature can not be turned on issues such as whether, now that even if even if you know who was difficult to identify their social and environmental impact. Suddenly it will all be lost rapidly.
Albert Einstein is "the same level of thinking as when the problem occurred and can never solve the problem" is left to say. The methodology and techniques for receiving the current standard accounting practices ioccp impact all present. But mankind is the last key to unfold the potential of the global economy to promote the well-being depends on our way of thinking (mindset) instead of these methodologies and technologies. The past several years the private ioccp sector is currently standing at a crossroads that must be comprehensively finally switched this way of thinking came naturally to accept ioccp a negative impact on the Earth and humanity.
One day when we looked around the business and non-profit organizations would be hard to believe that this day had been operating without defy the fact that the impact of accounting standards this year. Then there will feel like a member of the current fiscal impact awkward as when we recall the days of the end of slavery, becoming a four-wheeler or a school or attending a trip prevalent. Because it refuses to impact financial ability to pursue happiness as well, because we will even be alive it downplayed ioccp the results. But if you accept the fiscal impact as a universal accounting standards, we will be able to succeed in that year to finally create a healthy and environmental sustainability, as you wrote it succeeded in going to create wealth in a massive scale. SROI fiscal impact measurement Impact Assessment Impact 2013-01-01
November 7, 2013
Shared Value Creation (Creating Shared ioccp Value) Strategy White Paper: (3) CSV strategy ioccp and measurement December 30, 2014
Catalyst for Impact Intelligence Impact Business Review (IBR, Impact Business Review) is a professional media, which presents a direction of change and the way knowledge as a catalyst (Catalyst) the impact ecosystems. Creative innovation of entrepreneurs to seek business impact, impact is expanded ioccp to meet the investment and impact, which produces a new balance and structure to open the Impact Economy Age. IBR is committed to providing the most advanced and specialized content of the Impact Economy Age.
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