Keep score Current & future clients, suppliers & workers keep score of how firms behave. During Covid-19, we’ve learnt to count paid/ unpaid contributions, and recognise decent/ poor conduct. Firms’ social capital, brand & goodwill are being immeasurably, but markedly, changed by the crisis. The financial tally will follow Guessed the Word? …
Tag: measure
Triple bottom line TBL = people, profit, planet (3Ps). 1981: Freer Spreckley says firms should measure their TBL. 1994: John Elkington’s 3Ps suggests sustainability as a goal. 1997: his book ‘Cannibals with Forks‘ asks firms to measure/ report financial performance, social wealth creation & environmental aspects. What next for stakeholders? Quadruple bottom line, which includes…
Exchange Most transactions now occur with no monetary exchange. Statistics only measure activities with money value, so these barter deals get omitted. Example: “Free” apps for smartphones. They aren’t really free; we get them in exchange for giving up personal data or accepting advertisements Guessed the Word? Series 41 (7/9) …
Bias Software can eliminate bias when reviewing job applications. Answers from different applicants to a Q can be grouped/ randomised, & presented to assessors without giving clues about age, gender, name or race Guessed the Word? Series 22 (1/8) [pic: Efraimstochter]
Shoebox home UK has smallest homes in Europe. Average 3-bed home is 88m². Germany is 109m², Holland is 115m² and Denmark is 137m². Change commercial to residential use, and minimum stipulated sizes of 37m² for flats and 93m² for houses, do not apply Guessed the Word? Series 19 (7/7) …