http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/ Business, Better. Since 2005 Fri, 10 Feb 2012 07:33:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-20143 mwana Sun, 08 Nov 2009 14:52:49 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-20143 Has President obama done what mr. mawanda proposed?? Has President obama done what mr. mawanda proposed??

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10179 david bruce Sat, 24 Jan 2009 16:20:37 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10179 Hi Aldo, I need to make a correction to the definition of the Integrated Bottom Line. It has been pointed out that the integrated bottom line already has a separate and more general definition than the approach we are proposing. Theo Ferguson defines the integrated bottom line as a unified statement of the people-profit-planet trio into a single balance sheet and income statement that describes the financial, environmental, and social condition of the enterprise (http://www.sustainabilitydictionary.com/i/integrated_bottom_line.php). Our integrated APPROACH (as opposed to an integrated bottom line) proposes a partnership between government and business. The enterprise is structured to behave in an integrated way but the reporting by the partners is separate. This integrated approach sidesteps the sticky issues surrounding social and environmental reporting with their myriad of subjective externalities. This way the for-profit partner uses the accepted accounting rules of today, while the government partner is responsible for the social and environmental returns. Thus in our integrated approach the organization is integrated, not the report. Hi Aldo, I need to make a correction to the definition of the Integrated Bottom Line. It has been pointed out that the integrated bottom line already has a separate and more general definition than the approach we are proposing. Theo Ferguson defines the integrated bottom line as a unified statement of the people-profit-planet trio into a single balance sheet and income statement that describes the financial, environmental, and social condition of the enterprise (http://www.sustainabilitydictionary.com/i/integrated_bottom_line.php).
Our integrated APPROACH (as opposed to an integrated bottom line) proposes a partnership between government and business. The enterprise is structured to behave in an integrated way but the reporting by the partners is separate. This integrated approach sidesteps the sticky issues surrounding social and environmental reporting with their myriad of subjective externalities. This way the for-profit partner uses the accepted accounting rules of today, while the government partner is responsible for the social and environmental returns. Thus in our integrated approach the organization is integrated, not the report.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10178 david bruce Fri, 23 Jan 2009 19:56:18 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10178 Hi Aldo, Great question: What is meant by, "beyond the triple" bottom line? The answer is that, as you mentioned, a triple bottom line incorporates profit-people-and planet in the business model. The integrated bottom line goes beyond considering these three legs of business and actually partners with government. The result is a combination of business and government in an integrated enterprise that doesn't just make triple bottom line decisions, it is structured to behave that way from inception. Hi Aldo, Great question: What is meant by, “beyond the triple” bottom line? The answer is that, as you mentioned, a triple bottom line incorporates profit-people-and planet in the business model. The integrated bottom line goes beyond considering these three legs of business and actually partners with government. The result is a combination of business and government in an integrated enterprise that doesn’t just make triple bottom line decisions, it is structured to behave that way from inception.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10177 Aldo Ceccarelli Sun, 18 Jan 2009 13:52:17 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10177 when you say "with full participation, we can successfully move beyond the Triple and...", Triple Bottom-line means "Profits-People-Planet", when a business has adopted the principle of "Triple Bottom-line" that means that business is committed to making Profits in a manner that is respecting both People and the Planet...what do mean by "beyond"? what is beyond the Triple Bottom-line? I look forward to your response, thank you. when you say “with full participation, we can successfully move beyond the Triple and…”, Triple Bottom-line means “Profits-People-Planet”, when a business has adopted the principle of “Triple Bottom-line” that means that business is committed to making Profits in a manner that is respecting both People and the Planet…what do mean by “beyond”? what is beyond the Triple Bottom-line? I look forward to your response, thank you.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10176 david bruce Sun, 18 Jan 2009 02:25:04 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10176 It has been recently pointed out that if the Government were to buy the land and rent it back to the enterprise, the result could end up looking a lot like the land rent proposed by Henry George in the late 19th century. It has been recently pointed out that if the Government were to buy the land and rent it back to the enterprise, the result could end up looking a lot like the land rent proposed by Henry George in the late 19th century.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10175 Dan Noble Sat, 10 Jan 2009 16:20:22 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10175 Thanks, Joe, for initiating this discussion. This, IMO, is core to the value proposition of Triple Pundit. However, you seemed to overlook the fact that "Social Enterprises" have created the model you point to over the last 30 years, and one of it's early progenitors and ongoing voices, is Mohammad Yunus (http://en.wikipedia.org/wiki/Muhammad_Yunus) and the Grameem Bank. If you haven't already read it(since you didn't even mention it in your article), I highly recommend reading his most recent book ("A World Without Poverty: Social Business and the Future of Capitalism"; Public Affairs; 2008; ISBN 9781586484934). M. Yunas has A LOT more to say about this subject, based on his vast experience, not just armchair conjecture. He also is well aware of the value problems with existing capital or "profit only" approaches to capitalism. This is the core issue, IMO, of the triple bottom line (TBL), which is core to your site (as I said). My view is that we will need to "optimize" the values of people, planet and profit, since it's mathematically impossible to "maximize" three independent variables at once. And since the TBL variables are by definition are three "independent value spheres" (or domains of human valuing), then it becomes of "game" (or process) of "values optimization", NOT profit, people or planet maximization. Since these values are also in a natural values hierarchy in "nature" (i.e. profit depends on people, and people depends on the planet), then the planet will always "win"... just not in its "natural" or previous, or even current state, as we are seeing. That is if people go away, there's no such thing as "profit" if the planet goes away, there's no such thing as "people"... in addition, to make matters more complicated, profit, people and planet operate on greatly different time frames (profit in days and quarters and years; people in years, decades and generations; and planet in decades, centuries and epochs)... so weighing the independent values, OVER TIME, is one of the biggest "value"/mathematical problems, no matter what "metrics" you use for each. In San Diego, we are directly engaged in this exercise in our region, via our sustainability "Metrics Task Force" (a working group with the San Diego Regional Sustainability Partnership, www.sdrsp.org, of which I am co-chair), so this issue is front and center for us! Onward toward creating an ever more "sustainable" world! Even though we don't really know what that is!! Thanks, Joe, for initiating this discussion. This, IMO, is core to the value proposition of Triple Pundit.
However, you seemed to overlook the fact that “Social Enterprises” have created the model you point to over the last 30 years, and one of it’s early progenitors and ongoing voices, is Mohammad Yunus (http://en.wikipedia.org/wiki/Muhammad_Yunus) and the Grameem Bank. If you haven’t already read it(since you didn’t even mention it in your article), I highly recommend reading his most recent book (“A World Without Poverty: Social Business and the Future of Capitalism”; Public Affairs; 2008; ISBN 9781586484934). M. Yunas has A LOT more to say about this subject, based on his vast experience, not just armchair conjecture. He also is well aware of the value problems with existing capital or “profit only” approaches to capitalism.
This is the core issue, IMO, of the triple bottom line (TBL), which is core to your site (as I said). My view is that we will need to “optimize” the values of people, planet and profit, since it’s mathematically impossible to “maximize” three independent variables at once. And since the TBL variables are by definition are three “independent value spheres” (or domains of human valuing), then it becomes of “game” (or process) of “values optimization”, NOT profit, people or planet maximization. Since these values are also in a natural values hierarchy in “nature” (i.e. profit depends on people, and people depends on the planet), then the planet will always “win”… just not in its “natural” or previous, or even current state, as we are seeing. That is if people go away, there’s no such thing as “profit” if the planet goes away, there’s no such thing as “people”… in addition, to make matters more complicated, profit, people and planet operate on greatly different time frames (profit in days and quarters and years; people in years, decades and generations; and planet in decades, centuries and epochs)… so weighing the independent values, OVER TIME, is one of the biggest “value”/mathematical problems, no matter what “metrics” you use for each.
In San Diego, we are directly engaged in this exercise in our region, via our sustainability “Metrics Task Force” (a working group with the San Diego Regional Sustainability Partnership, http://www.sdrsp.org, of which I am co-chair), so this issue is front and center for us!
Onward toward creating an ever more “sustainable” world! Even though we don’t really know what that is!!

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10174 Jean Woo Fri, 09 Jan 2009 04:30:08 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10174 This is a very potent combination. I would like to see this model work for health care, especially community-based health care. The idea (care of People's Grocery) of a grocery/whole foods store combined with a coffee shop/gathering place for music and activities and a clinic both for urgent care (walk-in) as well as scheduled chronic care and group health care (yes it does work!) could increase the access to both good food and health care as well as obvious social and environmental benefits (like a community garden! composting and biogas production!) The basic model and capital can be governmental, but the day to day operations can be modeled on present day operations, with benefits, cost controls for medical and pharmaceutical goods and services, based on both local conditions and a reasonable national spread. This is a very potent combination. I would like to see this model work for health care, especially community-based health care. The idea (care of People’s Grocery) of a grocery/whole foods store combined with a coffee shop/gathering place for music and activities and a clinic both for urgent care (walk-in) as well as scheduled chronic care and group health care (yes it does work!) could increase the access to both good food and health care as well as obvious social and environmental benefits (like a community garden! composting and biogas production!) The basic model and capital can be governmental, but the day to day operations can be modeled on present day operations, with benefits, cost controls for medical and pharmaceutical goods and services, based on both local conditions and a reasonable national spread.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10173 Jean Woo Fri, 09 Jan 2009 04:29:57 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10173 This is a very potent combination. I would like to see this model work for health care, especially community-based health care. The idea (care of People's Grocery) of a grocery/whole foods store combined with a coffee shop/gathering place for music and activities and a clinic both for urgent care (walk-in) as well as scheduled chronic care and group health care (yes it does work!) could increase the access to both good food and health care as well as obvious social and environmental benefits (like a community garden! composting and biogas production!) The basic model and capital can be governmental, but the day to day operations can be modeled on present day operations, with benefits, cost controls for medical and pharmaceutical goods and services, based on both local conditions and a reasonable national spread. This is a very potent combination. I would like to see this model work for health care, especially community-based health care. The idea (care of People’s Grocery) of a grocery/whole foods store combined with a coffee shop/gathering place for music and activities and a clinic both for urgent care (walk-in) as well as scheduled chronic care and group health care (yes it does work!) could increase the access to both good food and health care as well as obvious social and environmental benefits (like a community garden! composting and biogas production!) The basic model and capital can be governmental, but the day to day operations can be modeled on present day operations, with benefits, cost controls for medical and pharmaceutical goods and services, based on both local conditions and a reasonable national spread.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10172 Patrick Wilson Mawanda Thu, 08 Jan 2009 03:05:45 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10172 This is very excting! I do wish that the new Mr.Obama administration can assist in influencing governments beyond America, especially those in Africa, to start practicing similar models. A model of partnership between government and private enterprise for social returns,I'm convinced,is especially more suitable for the poverty-striken rural Africa! This is very excting! I do wish that the new Mr.Obama administration can assist in influencing governments beyond America, especially those in Africa, to start practicing similar models.
A model of partnership between government and private enterprise for social returns,I’m convinced,is especially more suitable for the poverty-striken rural Africa!

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10171 JenBoynton Wed, 07 Jan 2009 15:19:32 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10171 Cool, thanks for the info, Joe! Cool, thanks for the info, Joe!

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10170 Joe Starinchak Wed, 07 Jan 2009 10:26:14 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10170 A model already exists and is being used. The model is known as the Blended Value Proposition. The U.S. Fish and Wildlife Service (FWS) has created three engaging behavioral change campaigns that help individuals mitigate their impacts on the environment. By positioning these campaigns as part of the Blended Value Proposition, the FWS has spurned innovation by enabling companies to see the economic opportunities associated with various environmental issues and pursue them to help facilitate behavioral change. The website (www.protectyourwaters.net) is the website for one of these campaigns known as Stop Aquatic Hitchhikers! It targets recreational users and promotes prevention behaviors to address the complex issue of invasive species. This campaign creates social, environmental and financial value. A model already exists and is being used. The model is known as the Blended Value Proposition. The U.S. Fish and Wildlife Service (FWS) has created three engaging behavioral change campaigns that help individuals mitigate their impacts on the environment. By positioning these campaigns as part of the Blended Value Proposition, the FWS has spurned innovation by enabling companies to see the economic opportunities associated with various environmental issues and pursue them to help facilitate behavioral change. The website (www.protectyourwaters.net) is the website for one of these campaigns known as Stop Aquatic Hitchhikers! It targets recreational users and promotes prevention behaviors to address the complex issue of invasive species. This campaign creates social, environmental and financial value.

]]> http://www.triplepundit.com/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/comment-page-1/#comment-10169 Joe Starinchak Wed, 07 Jan 2009 10:24:14 +0000 http://www.triplepundit.com/wordpress/2009/01/the-new-new-deal-a-cooperative-approach-to-the-integrated-bottom-line/#comment-10169 A model already exists and is being used. The model is known as the Blended Value Proposition. The U.S. Fish and Wildlife Service (FWS) has created three engaging behavioral change campaigns that help individuals mitigate their impacts on the environment. By positioning these campaigns as part of the Blended Value Proposition, the FWS has spurned innovation by enabling companies to see the economic opportunities associated with various environmental issues and pursue them to help facilitate behavioral change. The website (www.protectyourwaters.net) is the website for one of these campaigns known as Stop Aquatic Hitchhikers! It targets recreational users and promotes prevention behaviors to address the complex issue of invasive species. This campaign creates social, environmental and financial value. A model already exists and is being used. The model is known as the Blended Value Proposition. The U.S. Fish and Wildlife Service (FWS) has created three engaging behavioral change campaigns that help individuals mitigate their impacts on the environment. By positioning these campaigns as part of the Blended Value Proposition, the FWS has spurned innovation by enabling companies to see the economic opportunities associated with various environmental issues and pursue them to help facilitate behavioral change. The website (www.protectyourwaters.net) is the website for one of these campaigns known as Stop Aquatic Hitchhikers! It targets recreational users and promotes prevention behaviors to address the complex issue of invasive species. This campaign creates social, environmental and financial value.

]]>