TED Talk – Miller – Sustainable Wealth
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Transcript of TED Talk – Miller – Sustainable Wealth
© Lawrence M. Miller 1
WHEN WE DESIGN ORGANIZATIONAL SYSTEMS WHAT IS THE VALUE, THE WEALTH, THAT WE ARE CREATING?
It Is Time to Redefine, Redesign, Capitalism!
© Lawrence M. Miller
The Real Capital of a Corporation, Person or Nation
Spiritual Capital: The degree to which individuals are centered by higher purpose and unifying values.
Social Capital: The Level of internal and external trust.
Human Capital: The sum of human competence and motivation.
Innovation Capital: Innovation may be either technology (product), or process (how we make, deliver, service). The business of business is to innovate.
Financial Capital: The net of the financial assets and liabilities.
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© Lawrence M. Miller 3
© Lawrence M. Miller 4
How leaders and followers view the assets
© Lawrence M. Miller 5
In Summary…
The Life Cycles of Leadership and Culture
© Lawrence M. Miller 6
Is the Downfall Inevitable?Or, Can We Achieve an “Ever advancing civilization, the day not to be followed by night?”
© Lawrence M. Miller 7
© Lawrence M. Miller 8
How Capitalism Really Works
© Lawrence M. Miller 9
Emerging and Declining Wealth Profiles