Materiality of Human Capital Metrics

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Materiality of Human Capital Metrics

September 16, 2024
mike@standardsmichigan.com

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Famous People Painting – Discussing the Divine Comedy with Dante

 

Materiality of Human Capital Metrics

Lee S. Webster | University of Texas Medical Branch

 

Since the advent of scientific management in the late 19th century, investors have remained unpersuaded if not dismissive of human capital measures when determining the cumulative financial value of publicly traded companies. This reluctance stems from a perceived arbitrariness and empirical uncertainty that has attached to the measurement of workforce contributions to organizational value. Past critics of the use of human capital metrics frequently claim these measures are unproven, unserious, and immaterial disclosures that fail to meet the standard of relevant information for investors to consider. Contemporary management and investment experts challenge that reasoning and offer a more expansive and inclusive perspective of what investors need to know to make informed decisions. The publication of ISO 30414:2018 Human resource management* recommends that stakeholders revisit the relevance of human capital measurement in both American and international board rooms, investment banks, regulatory agencies, and security markets.  These stakeholders now have the means to explore whether human capital measures can provide faithfully and rigorously derived material information for investors.

 

Human resource management — Guidelines for internal and external human capital reporting

CLICK HERE for access to complete article

Human Resource Management

 

 

Roger Scruton Memorial Lectures

September 15, 2024
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“Stand up for your friends especially when they’re right.  There is every reason in the world to do so but one is not obvious — although perhaps it should be — and it’s this:  it might be the only chance you get to show them how much they mean to you if you don’t seize this opportunity whenever it comes along. 

To save the truth of your feelings for their funeral or obituaries it’s not much use to anyone then but if you defend a friend while they’re alive you might just give them the slightest intimation of how much you value them and love them and how much other people love them too…”

Douglas Murray

 

Designing Lighting for People and Buildings

September 14, 2024
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Public Consultation on IES RP-6 Recommended Practice: Lighting Sports and Recreational Areas closes October 7

Sport Lighting

“Electrical Building World’s Columbian Exposition Chicago 1892

Today we feature the catalog of the Illumination Engineering Society — one of the first names in standards-setting in illumination technology, globally* with particular interest in its leading title IES LP-1 | LIGHT + DESIGN Lighting Practice: Designing Quality Lighting for People and Buildings.

From its prospectus:

“…LIGHT + DESIGN was developed to introduce architects, lighting designers, design engineers, interior designers, and other lighting professionals to the principles of quality lighting design. These principles; related to visual performance, energy, and economics; and aesthetics; can be applied to a wide range of interior and exterior spaces to aid designers in providing high-quality lighting to their projects.

Stakeholders: Architects, interior designers, lighting practitioners, building owners/operators, engineers, the general public, luminaire manufacturers.  This standard focuses on design principles and defines key technical terms and includes technical background to aid understanding for the designer as well as the client about the quality of the lighted environment. Quality lighting enhances our ability to see and interpret the world around us, supporting our sense of well-being, and improving our capability to communicate with each other….”


The entire catalog is linked below:

IES Lighting Library

Illumination technologies run about 30 percent of the energy load in a building and require significant human resources at the workpoint — facility managers, shop foremen, front-line operations and maintenance personnel, design engineers and sustainability specialists.  The IES has one of the easier platforms for user-interest participation:

IES Standards Open for Public Review

Because the number of electrotechnology standards run in the thousands and are in continual motion* we need an estimate of user-interest in any title before we formally request a redline because the cost of obtaining one in time to make meaningful contributions will run into hundreds of US dollars; apart from the cost of obtaining a current copy.

We maintain the IES catalog on the standing agendas of our Electrical, Illumination and Energy colloquia.   Additionally, we collaborate with experts active in the IEEE Education & Healthcare Facilities Committee which meets online 4 times monthly in European and American time zones; all colloquia online and open to everyone.   Use the login credentials at the upper right of our home page to join us.

Issue: [Various}

Category: Electrical, Energy, Illumination, Facility Asset Management

Colleagues: Mike Anthony, Gary Fox, Jim Harvey, Kane Howard, Glenn Keates, Daleep Mohla, Giuseppe Parise, Georges Zissis

Brownian Motion” comes to mind because of the speed and interdependencies.

“Season of Light Illumination”

 


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Bucolia 300

September 13, 2024
mike@standardsmichigan.com
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Arboreta

Why the “Arbor” in Ann Arbor Michigan?

Other Ways of Knowing Climate Change

Anglo-americká vysoká škola, z.ú. Czech Republic

Today we walk through literature governing the safety and sustainability of the open space features of education community estates.   Unlike the titles for the building envelope, which are known to most design professionals and contractors, the standards for grounds and landscaping are widely scattered; many of them occupational safety related; created, administered and enforced by units of government.

During the fair seasons we examine the moment in landscape, garden, tree and water literature.  We also track titles about the reclamation of building roofs for permeable surfaces and gardens.

During the winter months in the northern hemisphere we include snow and ice management; while covering summer month technologies for southern hemisphere (and vice-versa).  Snowfalls in the southern hemisphere are mainly contained to the highlands and mountain ranges, which are almost exclusively in Victoria and Southern New South Wales, as well as the mountains in Tasmania.   Winter does not pose as much of a cost burden to education facilities in the southern hemisphere as it does in the northern hemisphere.

Arboreta

Landscape standards refer to guidelines or regulations that specify the requirements for the design, installation, and maintenance of outdoor spaces such as parks, gardens, streetscapes, and public spaces. Landscape standards typically cover various aspects of landscape design, including vegetation selection, planting arrangements, irrigation systems, hardscape materials, and lighting.

These standards may be set by government agencies at the federal, state, or local level, or by professional organizations such as the American Society of Landscape Architects (ASLA). Landscape standards aim to ensure that outdoor spaces are safe, functional, and aesthetically pleasing while also promoting sustainability and environmental protection.

Landscape standards may also address issues such as accessibility for people with disabilities, water conservation, stormwater management, and erosion control. They may vary depending on the specific location, climate, and intended use of the outdoor space. Compliance with landscape standards may be required for approval of development projects, public funding, or other permits.

Father Marquette Catholic Academy | Marquette County Michigan

We track the standards catalog of two ANSI-accredited standards developers:

American Hort

Tree Care Industry Association

Additional practice titles applicable to accessory systems:

ASABE/ICC 802 Landscape Irrigation Sprinkler and Emitter Standard 

National Electrical Code: Article 411 Low-Voltage Lighting

Upcode Article 411

National Electrical Code: Article 225: Outside Branch Circuits and Feeders

Illumination Engineering Society (Lighting Library)

Land F/X: Landscape Lighting, Codes, Guidelines and Techniques  

OSHA Landscape and Horticultural Services

As a cross-cutting subject involving soil and water and sun many other standards developers, and all levels of government, produce best practice literature for today’s topic.  We’ll have a look at what’s moving among those.

To join us use the login credentials at the upper right of our home page.

Standing Agenda / Bucolia

Arboreta

September 13, 2024
mike@standardsmichigan.com
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“On Holiday (Girl resting on the grass)” 1879 Kuznetsov Nikolai Dmitrievich

University of Michigan Matthaei Botanical Gardens

St. John’s University

University of Florida

Harvard University

Lunds universitet Scania

Swarthmore College Pennsylvania

Ruhr-Universität Bochum

Anglo-americká vysoká škola, z.ú. Czech Republic

Michigan State University

University of the Ozarks

 

Freie Universität Berlin

Kent State University

Uniwersytet Warszawski

Nanyang Technological University, Singapore

 

Bard College / New York

Michigan State University Healing Garden

Japanese Garden | Normandale Community College Minnesota

东北师范大学 | Northeast Normal University | Changchun, Jilin, China

University of Michigan | Matthaei Botanical Gardens

Shenandoah University | Winchester, Virginia

Princeton University Secret Garden | Photo by Sarah Ly

King’s College | London, United Kingdom

 

École Normale Supérieure | Paris, France

Arizona Cactus Garden | Stanford University

Duke University / North Carolina

Oxford University

University of Minnesota Landscape Arboretum

University of Helsinki Botanical Garden

University of Notre Dame / South Bend, Indiana

University of Tromsø the Arctic University of Norway

Florida Tech Botanical Garden

University of Nottingham

Smith University Botanical Garden

Aarhus University | Denmark

 

High Point University | North Carolina

Universiteit Stellenbosch | Western Cape, South Africa

Louisiana State University

Albert-Ludwigs-Universität Freiburg

Rutgers University

Great Court University of Queensland Australia

University of Oklahoma

Wageningen University | The Netherlands

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Bucolia 300

Trees

Nursery Stock

 

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