You Cant Manage What You Dont Measure Championing
![You Can’t Manage What You Don’t Measure Championing Equity to Inspire Change Conference University You Can’t Manage What You Don’t Measure Championing Equity to Inspire Change Conference University](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-1.jpg)
![CREATIVE EXPRESSION PARTICIPATION PEACE FREEDOM CARE ENVIRONMENT GROWTH HEALTH EQUITY CULTURE JUSTICE INDEPENDENCE WEALTH CREATIVE EXPRESSION PARTICIPATION PEACE FREEDOM CARE ENVIRONMENT GROWTH HEALTH EQUITY CULTURE JUSTICE INDEPENDENCE WEALTH](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-2.jpg)
![The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-3.jpg)
![Colorado Fiscal Institute is a nonprofit, nonpartisan organization that provides credible, independent and accessible Colorado Fiscal Institute is a nonprofit, nonpartisan organization that provides credible, independent and accessible](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-4.jpg)
![GDP Powers Through… $250, 000 State? GDP Catastrophic Toll: 1, 836 preventable deaths 850, GDP Powers Through… $250, 000 State? GDP Catastrophic Toll: 1, 836 preventable deaths 850,](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-5.jpg)
![What is Gross Domestic Product? A gross tally of everything produced in the U. What is Gross Domestic Product? A gross tally of everything produced in the U.](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-6.jpg)
![What is missed by broadly adding up all transactions? • No distinction between good What is missed by broadly adding up all transactions? • No distinction between good](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-7.jpg)
![What does GDP Miss? • • • Pollution Crime Inequality Lost Leisure Time Education What does GDP Miss? • • • Pollution Crime Inequality Lost Leisure Time Education](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-8.jpg)
![Simon Kuznets: "Distinctions must be kept in mind between quantity and quality of growth, Simon Kuznets: "Distinctions must be kept in mind between quantity and quality of growth,](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-9.jpg)
![HUBBARD It’s mainly optimism about the country’s prospects. The three big measures of economic HUBBARD It’s mainly optimism about the country’s prospects. The three big measures of economic](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-10.jpg)
![What factors do you consider when choosing housing? What factors do you consider when choosing housing?](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-11.jpg)
![Developing a Measure of Well-Being Developing a Measure of Well-Being](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-12.jpg)
![The U. S. Census Bureau reported in 2011 the lowestincome 20% of population enjoyed The U. S. Census Bureau reported in 2011 the lowestincome 20% of population enjoyed](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-13.jpg)
![Income Inequality • A necessary part of a capitalist society because it acts as Income Inequality • A necessary part of a capitalist society because it acts as](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-14.jpg)
![Income Inequality • It can harm social cohesion. • It can harm economic welfare Income Inequality • It can harm social cohesion. • It can harm economic welfare](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-15.jpg)
![Losing Ground About • A special report from the I-News Network, the public service Losing Ground About • A special report from the I-News Network, the public service](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-16.jpg)
![Losing Ground Key-Findings Despite early civil rights advancements & relative equity, communities of color Losing Ground Key-Findings Despite early civil rights advancements & relative equity, communities of color](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-17.jpg)
![Losing Ground Key Findings Wealth disparities growing in Colorado. In 1970, nearly 60 percent Losing Ground Key Findings Wealth disparities growing in Colorado. In 1970, nearly 60 percent](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-18.jpg)
![Losing Ground Key Findings Growing inequality manifesting in areas beyond income and wealth. Unequal Losing Ground Key Findings Growing inequality manifesting in areas beyond income and wealth. Unequal](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-19.jpg)
![](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-20.jpg)
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![Losing Ground Why didn’t we see it coming? “I was actually shocked. You would Losing Ground Why didn’t we see it coming? “I was actually shocked. You would](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-22.jpg)
![Personal Consumption Per Capita $ 45, 000 $ 40, 000 $ 35, 000 $ Personal Consumption Per Capita $ 45, 000 $ 40, 000 $ 35, 000 $](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-23.jpg)
![Colorado can be one of the first states to develop a GPI U. S. Colorado can be one of the first states to develop a GPI U. S.](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-24.jpg)
![How Can a GPI Keep Us From Losing Ground? A 2013 report based on How Can a GPI Keep Us From Losing Ground? A 2013 report based on](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-25.jpg)
![How Can a GPI Keep Us From Losing Ground? A well-constructed GPI with robust How Can a GPI Keep Us From Losing Ground? A well-constructed GPI with robust](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-26.jpg)
![The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-27.jpg)
![Prosperity Points to Ponder • What does well-being mean to a Coloradan? • What Prosperity Points to Ponder • What does well-being mean to a Coloradan? • What](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-28.jpg)
- Slides: 28
![You Cant Manage What You Dont Measure Championing Equity to Inspire Change Conference University You Can’t Manage What You Don’t Measure Championing Equity to Inspire Change Conference University](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-1.jpg)
You Can’t Manage What You Don’t Measure Championing Equity to Inspire Change Conference University of Denver May 10, 2013 Kathy White Deputy Director White@Coloradofiscal. org Chris Stiffler Economist Stiffler@Coloradofiscal. org
![CREATIVE EXPRESSION PARTICIPATION PEACE FREEDOM CARE ENVIRONMENT GROWTH HEALTH EQUITY CULTURE JUSTICE INDEPENDENCE WEALTH CREATIVE EXPRESSION PARTICIPATION PEACE FREEDOM CARE ENVIRONMENT GROWTH HEALTH EQUITY CULTURE JUSTICE INDEPENDENCE WEALTH](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-2.jpg)
CREATIVE EXPRESSION PARTICIPATION PEACE FREEDOM CARE ENVIRONMENT GROWTH HEALTH EQUITY CULTURE JUSTICE INDEPENDENCE WEALTH POWER SECURITY HAPPINESS FAMILY
![The Way We Measure WellBeing Dictates Policy Discussion You cant improve what you dont The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-3.jpg)
The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t measure. ”
![Colorado Fiscal Institute is a nonprofit nonpartisan organization that provides credible independent and accessible Colorado Fiscal Institute is a nonprofit, nonpartisan organization that provides credible, independent and accessible](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-4.jpg)
Colorado Fiscal Institute is a nonprofit, nonpartisan organization that provides credible, independent and accessible analyses of fiscal and economic issues facing Colorado in order to inform policy debates and foster economic prosperity for all: http: //www. coloradofiscal. org 1905 Sherman Street, Suite 225 Denver, Colorado 80205 720 -379 -3019
![GDP Powers Through 250 000 State GDP Catastrophic Toll 1 836 preventable deaths 850 GDP Powers Through… $250, 000 State? GDP Catastrophic Toll: 1, 836 preventable deaths 850,](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-5.jpg)
GDP Powers Through… $250, 000 State? GDP Catastrophic Toll: 1, 836 preventable deaths 850, 000 housing units damaged 600, 000 job disruptions Contamination of drinking water $200, 000 $150, 000 $100, 000 $50, 000 $0 2001 2002 2003 Growth Rate 16% 12% 14% 12% 10% 8% 6% 2004 2005 15% 10% 5% 4% 1% 2% 0% 2001 2002 2003 2004 2005 National Economic Forecast headlines October 2005: The U. S. economy shook off headwinds from hurricanes Katrina and Rita to grow at a faster-thanexpected 3. 8% annual rate in the 3 rd quarter….
![What is Gross Domestic Product A gross tally of everything produced in the U What is Gross Domestic Product? A gross tally of everything produced in the U.](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-6.jpg)
What is Gross Domestic Product? A gross tally of everything produced in the U. S. —products and services, good and bad. Never intended to be a measure of well-being, yet remains a “catch all” for our collective well-being. This calculation gives the monetary value of all the goods and services purchased within national borders by persons, businesses, governments and foreigners. As a raw data analysis, GDP gives a broad overview of the market economic activity that takes place.
![What is missed by broadly adding up all transactions No distinction between good What is missed by broadly adding up all transactions? • No distinction between good](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-7.jpg)
What is missed by broadly adding up all transactions? • No distinction between good and bad consumption • No mention of distribution of growth • No idea how that spending is funded • Doesn’t account for capital accumulation or depletion • Excludes all non-market aspects of economy
![What does GDP Miss Pollution Crime Inequality Lost Leisure Time Education What does GDP Miss? • • • Pollution Crime Inequality Lost Leisure Time Education](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-8.jpg)
What does GDP Miss? • • • Pollution Crime Inequality Lost Leisure Time Education Commute Time Cost of Family Changes Health Social Cohesion Community Extracurricular Activities Public Infrastructure
![Simon Kuznets Distinctions must be kept in mind between quantity and quality of growth Simon Kuznets: "Distinctions must be kept in mind between quantity and quality of growth,](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-9.jpg)
Simon Kuznets: "Distinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long term. Goals for more growth should specify more growth of what and for what. " Simon Kuznets, the creator of GDP, in 1962 Robert Mc. Namara: Progress measured by a single measuring rod, the GNP, has contributed significantly to exacerbate the inequalities of income distribution. " President of the World Bank Mr Robert Mc. Namara on GDP and social equity in 1973. Joseph Stiglitz: "No one would look just at a firm's revenues to assess how well it was doing. Far more relevant is the balance sheet, which shows assets and liability. That is also true for a country. " Nobel Prize-winning economist Joseph Stiglitz on GDP and learning from business, Foreign Affairs, 2005.
![HUBBARD Its mainly optimism about the countrys prospects The three big measures of economic HUBBARD It’s mainly optimism about the country’s prospects. The three big measures of economic](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-10.jpg)
HUBBARD It’s mainly optimism about the country’s prospects. The three big measures of economic power are the size of your economy, your [gross domestic product]; the growth of GDP; and where the productivity frontier is. If you put those together, the U. S. seems like a pretty great place to be. Brownstein, Ronald (April 2013) “Two Completely Different Ways to Deal With the Upward-Mobility Crisis” National Journal
![What factors do you consider when choosing housing What factors do you consider when choosing housing?](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-11.jpg)
What factors do you consider when choosing housing?
![Developing a Measure of WellBeing Developing a Measure of Well-Being](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-12.jpg)
Developing a Measure of Well-Being
![The U S Census Bureau reported in 2011 the lowestincome 20 of population enjoyed The U. S. Census Bureau reported in 2011 the lowestincome 20% of population enjoyed](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-13.jpg)
The U. S. Census Bureau reported in 2011 the lowestincome 20% of population enjoyed only 3. 4% of Colorado income while the top 20% received 49. 1% GSP per GINI Index 60, 000 0. 5 50, 000 0. 45 40, 000 0. 4 30, 000 0. 35 20, 000 0. 3 10, 000 1966 1976 1986 GSP per capita 1996 2006 Colorado GINI 0. 25
![Income Inequality A necessary part of a capitalist society because it acts as Income Inequality • A necessary part of a capitalist society because it acts as](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-14.jpg)
Income Inequality • A necessary part of a capitalist society because it acts as a signal of the rewards possible for those who work hard and take risks. • Income inequality might not be such a bad thing as long as there is upward mobility in society. • If families in lower-income groups can advance to highincome groups then inequality isn’t necessarily terrible. However, assessing inequality should be considered in the context of upward societal mobility.
![Income Inequality It can harm social cohesion It can harm economic welfare Income Inequality • It can harm social cohesion. • It can harm economic welfare](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-15.jpg)
Income Inequality • It can harm social cohesion. • It can harm economic welfare by increasing crime, reducing worker productivity, and dampening investment. • In addition, growth in consumption yields different benefits to individuals of different income levels. – It makes a difference who receives the additional income when it grows. • Inequality can also create a loss of potential economic output for society from the unequal opportunities for investment. – This occurs, for instance, when lower-income families cannot set up businesses because of lack of credit or send their children to school. This can ultimately lead to lower future economic potential for the entire state.
![Losing Ground About A special report from the INews Network the public service Losing Ground About • A special report from the I-News Network, the public service](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-16.jpg)
Losing Ground About • A special report from the I-News Network, the public service journalism arm of Rocky Mountain PBS • 18 -month project mining 60 years of US Census and other data to assess the relative well-being of blacks, Latinos and whites in Colorado • Examined family income, poverty, educational attainment, home ownership, health and justice data • Explored beyond the numbers through interviews with community activists, researchers, educators, policymakers and people in the street http: //www. inewsnetwork. org/losingground/
![Losing Ground KeyFindings Despite early civil rights advancements relative equity communities of color Losing Ground Key-Findings Despite early civil rights advancements & relative equity, communities of color](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-17.jpg)
Losing Ground Key-Findings Despite early civil rights advancements & relative equity, communities of color are losing ground in Colorado. In 1970, black families in Colorado earned 73 percent of white family incomes and Latinos earned 71. 5 percent. By 2010, black families earned roughly 60 percent of white family incomes and Latinos earned 50 percent.
![Losing Ground Key Findings Wealth disparities growing in Colorado In 1970 nearly 60 percent Losing Ground Key Findings Wealth disparities growing in Colorado. In 1970, nearly 60 percent](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-18.jpg)
Losing Ground Key Findings Wealth disparities growing in Colorado. In 1970, nearly 60 percent of Latinos owned their own home and roughly 45 percent of blacks owned their home. By 2010, those numbers dropped to 50 percent and 40 percent, respectively.
![Losing Ground Key Findings Growing inequality manifesting in areas beyond income and wealth Unequal Losing Ground Key Findings Growing inequality manifesting in areas beyond income and wealth. Unequal](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-19.jpg)
Losing Ground Key Findings Growing inequality manifesting in areas beyond income and wealth. Unequal access to human capital boosters • education • family well-being • health
![](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-20.jpg)
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![Losing Ground Why didnt we see it coming I was actually shocked You would Losing Ground Why didn’t we see it coming? “I was actually shocked. You would](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-22.jpg)
Losing Ground Why didn’t we see it coming? “I was actually shocked. You would think we as a nation would have overcome a lot of things since then. It’s like, ‘Wow! We’re spinning our wheels going in reverse. ’” - Eric Nelson, vice president of the Aurora NAACP, after reviewing the I-News analysis.
![Personal Consumption Per Capita 45 000 40 000 35 000 Personal Consumption Per Capita $ 45, 000 $ 40, 000 $ 35, 000 $](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-23.jpg)
Personal Consumption Per Capita $ 45, 000 $ 40, 000 $ 35, 000 $ 30, 000 $ 25, 000 $ 20, 000 $ 15, 000 $ 10, 000 1956 1966 1976 Personal Consumption Per Capita 1986 1996 2006 Weighted Personal Consumption 2016
![Colorado can be one of the first states to develop a GPI U S Colorado can be one of the first states to develop a GPI U. S.](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-24.jpg)
Colorado can be one of the first states to develop a GPI U. S. GDP vs. GPI
![How Can a GPI Keep Us From Losing Ground A 2013 report based on How Can a GPI Keep Us From Losing Ground? A 2013 report based on](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-25.jpg)
How Can a GPI Keep Us From Losing Ground? A 2013 report based on MD’s GPI found that if MD returned to late-1960 s income equity levels: • $58 B increase in weighted personal consumption • $1. 17 B decrease in social costs (crime, family changes, etc. ) • $6. 10 B increase in consumer spending lower income people = $65 Billion in economic benefits, adding a whopping 22 percent to the state’s current annual GSP Talberth, John, D. Wysham and K. Dolan. “Closing the Inequality Divide: A Strategy for Fostering Genuine Progress in Maryland. ” Center for Sustainable Economy/Institute for Policy Studies, March 2013.
![How Can a GPI Keep Us From Losing Ground A wellconstructed GPI with robust How Can a GPI Keep Us From Losing Ground? A well-constructed GPI with robust](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-26.jpg)
How Can a GPI Keep Us From Losing Ground? A well-constructed GPI with robust equity indicators: • Shines a spotlight on inequality • Helps us better see the way inequality undermines prosperity • Points to paths to close the inequality divide • Hold state policymakers and ourselves accountable
![The Way We Measure WellBeing Dictates Policy Discussion You cant improve what you dont The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-27.jpg)
The Way We Measure Well-Being Dictates Policy Discussion “You can’t improve what you don’t measure”
![Prosperity Points to Ponder What does wellbeing mean to a Coloradan What Prosperity Points to Ponder • What does well-being mean to a Coloradan? • What](https://slidetodoc.com/presentation_image/cb9e3726c8c81012b5a1779705381a97/image-28.jpg)
Prosperity Points to Ponder • What does well-being mean to a Coloradan? • What indicators can we measure to highlight the level of prosperity in Colorado? • Why has GDP lasted so long as a proxy for wellbeing? • Can growth be described as progress if it divides the people? • What does our society value and what should it value? Contact us: info@coloradofiscal. org
If you cant measure it you can't manage it quote
If you can't measure it you cannot improve it
You cant manage what you dont measure
If you can't measure it you can't control it
Investitionsanalyse kennzahlen
Dont ask dont tell political cartoon
Don't laugh at me allen shamblin
Championing better work and working lives
If you cant beat them join them
Cant have one without the other
I bet you cant
Close your eyes imagine that you are the protagonist
Is measure for measure a comedy
Uses of wind vane
10 happy shepherds dancing on the hillside
What they don t know won t hurt them
If you dont know where to go
Monitor and manage small business operations
Speed on curves iricen
O doamne mare cand privesc eu lumea
Freshfields stronger together
Jeb likes cars but he cant drive yet
Cant judge a powder
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