I'm coming to the realization that most people have a rather narrow view of capital. They tend to focus almost exclusively on "business capital" or good old "financial capital;" and who would dare to tell these capitalists that they're just scratching the surface of capitalism?
What about Cultural capital?
Human capital?
Social capital?
Environmental capital?
Governance capital?
Physical capital? and
Wellness capital?
These, plus Business Capital, make up the Capital Crossroads Plan of Greater Des Moines and Central Iowa, a component of which is the Urban Core Initiative, see pp. 9-14 of the April 2012 report.
In my work on the Steering Committee of the Urban Core Initiative I've introduced my colleagues to the Performance Blueprint, which I've described in previous posts. The Performance Blueprint is a planning and evaluation tool that helps stakeholders formulate explicit criteria that can be used to gauge the value of strategic initiatives that aim to convert resources into outcomes. I have recently adapted the Performance Blueprint so that it can in general terms account for the broader spectrum of capitals outlined in the Capital Crossroads Plan. In the following table, the highlighted columns show how RESOURCES (available and needed) and OUTCOMES (internal and external outcomes) can be articulated by the Urban Core Initiative in terms of the capitals used by the Capital Crossroads Plan.
There's obviously a long way to go, but what we have here is a start. The goal is for the Urban Core Initiative to capitalize on the capitals used by the Capital Crossroads Plan in such a way that this unique and critical effort might be more efficient, equitable, and effective. It's a start. Much more articulation is required, and then there's the tasks of identifying and aligning the ACTIVITY and OUTPUT components.
I never thought I'd find myself saying that I'm a capitalist in the broadest sense of the term, but I'm beginning to understand what a friend of mine has been saying for quite some time, that we do indeed have a moral obligation to account for what goes into and comes out of our efforts, and that this moral obligation requires us to be as specific and precise as possible so that, whether we are completely successful or not, we can learn from our performance as we're performing.
What about Cultural capital?
Human capital?
Social capital?
Environmental capital?
Governance capital?
Physical capital? and
Wellness capital?
These, plus Business Capital, make up the Capital Crossroads Plan of Greater Des Moines and Central Iowa, a component of which is the Urban Core Initiative, see pp. 9-14 of the April 2012 report.
In my work on the Steering Committee of the Urban Core Initiative I've introduced my colleagues to the Performance Blueprint, which I've described in previous posts. The Performance Blueprint is a planning and evaluation tool that helps stakeholders formulate explicit criteria that can be used to gauge the value of strategic initiatives that aim to convert resources into outcomes. I have recently adapted the Performance Blueprint so that it can in general terms account for the broader spectrum of capitals outlined in the Capital Crossroads Plan. In the following table, the highlighted columns show how RESOURCES (available and needed) and OUTCOMES (internal and external outcomes) can be articulated by the Urban Core Initiative in terms of the capitals used by the Capital Crossroads Plan.
I never thought I'd find myself saying that I'm a capitalist in the broadest sense of the term, but I'm beginning to understand what a friend of mine has been saying for quite some time, that we do indeed have a moral obligation to account for what goes into and comes out of our efforts, and that this moral obligation requires us to be as specific and precise as possible so that, whether we are completely successful or not, we can learn from our performance as we're performing.
