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Design for Financial Sustainability

Authors: John Thomas; Pam Mantri;

Design for Financial Sustainability

Abstract

The 1987 United Nations Brundtland Report established the vision of sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." How might we anticipate the requirements of future custodians of vast, continuously morphing socio-technical-ecological systems while addressing current pressing needs? An abstract, principled approach (such as axiomatic design) might help address such ambiguity. Such systems are composed of large numbers of information-processing agents/agencies that collectively form a complex adaptive system (CAS). The focus here is on financial sustainability: (1) what is a principled approach toward sustainable design? (2) What design insights might we obtain by studying financial crises forensically against sustainability successes in nature? (3) How to design for financial sustainability? This paper adopts the CAS framework alongside axiomatic design to help elicit design patterns and anti-patterns of sustainability. Inspired by nature, a promising inside-out design pattern emerges.

Keywords

Article

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    4
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
4
Top 10%
Average
Average
Green
gold