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The Institutional Compass: Method, Use and Scope (Hardcover, 1st ed. 2022)
Loot Price: R1,654
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The Institutional Compass: Method, Use and Scope (Hardcover, 1st ed. 2022)
Series: Methodos Series, 18
Expected to ship within 10 - 15 working days
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This open access book presents a new generation multi-criteria,
multi-stake holder, decision aide, called an "institutional
compass". Based on hard data, the compass tells us what
quality-direction we are heading in as an institution, region,
system or organisation. The quality is not chosen from the usual
scalar qualities of: good, neutral and bad. Instead, it is a
quality chosen between: harmony, discipline and excitement. None is
good in and of itself. We need some of each. The compass marks a
new generation in four respects. 1. The representation of the data
is intuitive and simple to understand, and therefore can be used to
communicate and justify policy decisions. 2. Any data can be
included, i.e., none is excluded. This makes the compass tailored
to particular situations, voices and contexts. 3. The data includes
different time horizons and different types of value: monetary,
use, social, sentimental, religious, intrinsic, existential... 4.
The process of compass construction can be made inclusive at
several junctions. An institutional compass can be extended to
evaluate products, add normativity to a systems analysis, reflect
world-views such as that of ecological economists or function as an
accounting system to manage scarce resources. There are four parts
to the book. The first part introduces the general ideas behind the
compass. In the second part, the author presents the method for
constructing the compass. This includes data collection, data
analysis and a mathematical formula to aggregate the data into a
single holistic reading. In the third part, the author extends the
methodology: to incorporate it into systems science, adding a
normative and quality-direction dimension, to use it as a
non-linear accounting method and more thoroughly to reflect the
philosophy of ecological economists to give a real measure of
sustainability. In the fourth part, we see three case studies: one
for the World Health Organisation, a second is the use of the
compass to label products in a shop and the third is as a regional
compass for Hauts-de-France. The book ends with philosophical
conclusions. Throughout the book, we see tight arguments,
refreshing ideas and a thorough treatment of objectivity in
decision making.
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