metrics for local economic sustainability
TRANSCRIPT
Output MetricsMeasuring Direct Benefits for Local Economies
August 2010
1
Who Controls How Much of What
2
of the
People Assets
20%
of the
Control 80%
A Local Economy Unites People and Their Assets to Build a Community Investment Portfolio
3
People Assets
Community Investment
Portfolio
Community Investment
Portfolio
UtilizationAccessCommercialization
EntrepreneurshipPaid WorkInnovation
Advantages for People
Favorable Return on Assets
A Local Economy Establishes a Platform for Local Governance and Sustainability
4
People Assets
Community Investment
Portfolio
Community Investment
Portfolio
Civic Engagement
Liquidity
UtilizationAccessCommercialization
EntrepreneurshipPaid WorkInnovation
The Portfolio Lives on…
A Local Economy Is Everyone’s Responsibility
5
of the
People Assets
20%
of the
80%
Satisfying WantsDisposable Income /
Debt / Misappropriation
Meeting NeedsEveryone Contributes
Everyone Benefits
The Local Economy“Meeting Needs”
6
AssetUtilization
MeaningfulWork
ValueExchange
AssetLiquidity
Medium of
Exchange
Owners’ Interests
Community Members’ Interests
Assets
Jobs
Income
Return$
Shareholders’ Interests
Employees’ Interests
The Global Economy
“Satisfying Wants”
Flow of Assets and Work within a Local Economy
7
Assets
Work Functions Increasing Value-Add
Increasing Applications
Community Investment
Portfolio
Community Investment
Portfolio
Output Metrics
Meeting Local Needs•Food•Water•Energy•Fuel•Housing / Clothing•4 R’s•Security•Safety•Health•Education
Local Economic Sustainability
Output MetricsLocal Economic Sustainability Scoreboard
8
Increasing Value-Add
Increasing Applications
Community Investment
Portfolio
Community Investment
Portfolio
Output Metrics
Meeting Local Needs