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Peter Bretscher
Works at Project NEMO (New/Next Economic Model)
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Peter Bretscher

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Excellent to read: theguardian.com - beyond capitalism (and why).

It's good to be prepared :-)

That's why we started Project NEMO (NEMO = New/Next Economic Model) http://project-nemo.org
#businessengineering   #tl  
Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
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+John Poteet agree that people will look at "money" from another point of view. The English Version is still on my to do list. Sorry for that.
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Peter Bretscher

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Good, right direction: The Business for Peace Award, presented Wednesday in Oslo, Norway, honored global business innovators who are creating value by both monetary and social measures.

And if you want to visualize this two value dimensions simultaneously (for planning and tracking progress)...
It's possible with Excel-Templates.
Download here: http://bengin.net/bes/basic_master_e.html

#businessengineering  +The Huffington Post +Arianna Huffington #tl +INSEDE 
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Peter Bretscher

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And yes - there's a fundamental failure in John Nash's definition for the payoff function (page 2 of his Dissertation 1950).
He sets all tuples of strategies into real numbers. That means he reduced "payoff" to a linear ("$"-)metric system.

If he would have taken vectors instead of "linear numbers" for "payoff", the whole Game Theory - and Decision Making - would be less limited and more integral.
We (Decision/Game makers) would have the option to realize monetary AND non-monetary payoff (or subjective AND objective or tangible AND intangible payoff).
The vector based metric system is in many dimensions better than a linear (KPI) system. No one can really afford measuring in an old and limited number system.
The development of better measures/metrics is one of the purposes of "Project NEMO" (NEMO = New/Next Economic Model).
And we reached some clever solutions.

 http://project-nemo.org

#businessengineering   #tl
The mathematician John Nash, in Beijing, China, in 2011. Credit Photograph by ChinaFotoPress/Getty
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Peter Bretscher

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Want to know visualization in Excel 2016 and trends? Here it is:  https://goo.gl/mpexAl
If you miss 2D-BI Vector Value-Visualization? Go to:  http://bengin.net/bes/basic_master_e.html
#businessengineering  #tl
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Peter Bretscher

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Just out and good - Rewriting the Rules - Roosevelt & Stiglitz
but to say it again...
the base of the rules has to be rewritten too. And that's what we did in Project NEMO (NEMO = New/Next Economic Model)
http://project-nemo.org

+Roosevelt Institute #tl #businessengineering  
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Great thanks! Please prototype a visualisering as. Suggested. Noticed WEF report on HumCap, which should be supplemented by interdependency dynamics in The National IC model
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Peter Bretscher

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Good idea.
 
One of my longest research projects has been centered on the market for ideas — the idea that innovators can sell their ideas to others rather than take them to markets themselves. The problem is t...
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Peter Bretscher

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Good: Bloomberg about Coding SoftWare.
Is it clear that the human logic and follows a learned code (MindWare)? What are the rules for the (HR) operating system and the Coding of our MindWare in Economics and Decision Making?
Is it clear, that the elementary principles were built 250 years ago by Adam Smith? It was good then - but fails today.
Time to (re)code the MindWare.
That's what we are doing with "Project NEMO" (NEMO = New/Next Economic Model) http://project-nemo.org
and INSEDE (Institute for Sustainable Economic Development) http://insede.org

Want to come on board too? Just mail :-)
#businessengineering   #tl  
The world belongs to people who code. Those who don’t understand will be left behind.
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Recoded Mindware might be the Step to a Renewed Thoughtware...
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Don't go beyond the Limits of Nash's Formula. Why?
For the definition of "payoff function" Nash starts with "Real Numbers" for pure and linear strategies (Page 2,3 in Original Dissertation) - see red part in picture below.
Later on he definies the "mixed strategies" as a convex subset of a "real vector space". This is visualized in the (yellow) area part in picture below.
The problem of this definition is, that it is based on real numbers.
If he'd have used a "vector number" instead the "Real Number" with two axes for the "Objective Value Dimension" (measured in monetary value metric) AND the "Subjective Value Dimension" (measured in non-monetary implicit i-value metric) - as visualized in the grey "Volume Space" below (G3 for i-measure) - the subjective valuation would have direct impact in any decision making.
Such an enhanced metric allows new dimensions in simulations and sustainable decision making.

Now it's time to change the basic definition of the payoff in the formula of decision theory from "real" to "vector" with an i-axis for counting in the individual/implicit/intangible values (similar to the complex numbers introduced 200 years ago).
There's no valid "Quantitative Behavioral Economics" without integrating a subjective/implicit value metric.

See more at "Linking Subjective and Objective Measurement..." 
http://bengin.net/bes/e/vector_based_pmmetrics_e.html

See former post in G+: https://plus.google.com/+PeterBretscher/posts/PBXZwioqTcV


#businessengineering  #tl
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Peter Bretscher

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Social Value goes International - Good Luck!
http://goo.gl/OEfI8P

2D-Vector based Value Metrics - with a Business AND a Social Dimension - helps to get the right direction.
See more at Shared Value:  http://bengin.net/special/fsg/
or go to Project NEMO (New/Next Economic Model)
http://project-nemo.org 
Clever Solutions and Metrics for designers of smart economy.

#businessengineering  #tl 
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Peter Bretscher

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GDP Metrics Distort Our View of the Economy. Complementary Metrics (such as Social Progress Initiative) and combined Visualization are needed – recipe against linear thinking, reasoning and decision making. http://bengin.net/bes/spi_profile_e.html
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+Leif Edvinsson sent "next steps" as mail to your gmail-account.
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Peter Bretscher

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Better and sustainable decision making needs a redesign of old economic theory (new framework that includes intagible assets and an enhanced metric system that enables to quantify and visualize subjective/intangible value measures.)
And yes - it's possible.
Project NEMO (NEMO = New/Next Economic Model) 
http://project-nemo.org 
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And again: Flaws in Accounting Standards
Valuation experts for Intangible Assets (Skills, Knowledge, Potentials, Power...) have no clothes. Redesign of economic value paradigm is needed.
That's one of the tasks we already solved in "Project NEMO" (New/Next Economic Model) http://project-nemo.org

Clear minds are invited to join our project.
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Dear Peter, intellectual capital accounting is NOT against people. Quite the contrary, it helps in presentation that knowledge is resource in balance sheets. Intellectual capital accounting DOESN'T measure value of people, but value of people knowledge. It is a huge difference. You think that "financial accounting is so popular because it's rules are so simple that even fools can handle it". I think that financial accounting is based on the strongest theory in the field of economics. That is why economists are powerless to make shift in this theory. I wish you luck in your research and activity from all my heart. But probably some day you will understand that you need help of accountants, which are able to show monetary value of intellectual capital in the balance sheets. By the way - arguments about wife, daughters, etc. are not good in serious discussion - these are pure emotions, not arguments. Relations in your family do not interest me (us) ;-)
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Education
  • Real life+
    discerning, present
  • NTB, Neu Technikum Buchs, FHSG, UniSG, HSG
    Mechanics, Optics, Electronics, 1970 - 1973
  • ETH Zurich
    Intellectual Property Rights, 1984 - 1986
  • Lehre
    Feinmechanik, Werkzeugbau, Konstrukteur, 1966 - 1970
    Alles, was zu einem soliden Handwerk gehört. Inklusive Akkordarbeit, Betriebsmittelkonstruktion und -bau, +++
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Es gibt nix Praktischeres als eine gute Theorie. (Einstein).... und nix Gefährlicheres als eine falsche. Theorien sind Produkte (Werkzeuge), auch sie haben einen Lebenszyklus. There is nothing more practical than a good theory, and nothing more dangerous than a wrong one.
Introduction
In meinem Büro entwickle ich eine neue Generation von Wirtschaftsmodellen (Business Engineering Systems), in denen auch immaterielle und nichtmonetäre Werte zählen. Damit ist ein systematischer Fehler der klassischen Wirtschaftslehre behoben - und Führungskräfte erhalten (bisher) undenkbare neue Freiheiten in der Entwicklung ihrer Organisation. Die Potenziale (materielle und nicht-materielle) sind besser erkennbar und es werden bisher ungenutzte Geschäftsmöglichkeiten realisierbar.

In my office, I develop a new generation of economic models, which includes intangible and non-monetary values. Thus, a systematic error of classical economics is resolved - and executives receive (previously) unthinkable new freedoms in the development of their organization. The potential of (tangible and intangible) assets are more visible and there are untapped opportunities to be realized.


Bragging rights
Coined "Business Engineering" & "Business Engineering Systems" (1987); tolle Familie
Work
Occupation
Inhaber/Ingenieur
Employment
  • Project NEMO (New/Next Economic Model)
    Founder, 2010 - present
    Design/realize next exonomics mindset that fits the needs of leaders and managers in a smart environment/economy/nation.
  • Ingenieurbüro für Wirtschaftsentwicklung
    Ingenieurbüro für Wirtschaftsentwicklung, 1988 - present
    Entwicklung, Konstruktion, Optimierung und Realisierung von nachhaltigen Modellen für die intelligente Wirtschaft.
  • mozzzup (own project)
    Founder, 2013 - present
    Konzept, Business Modell, congeniale Partner finden
  • INSEDE (open) Institute for Sustainable Economic Development
    Founder, 2010 - present
    Aufbau Institut
  • Wild Heerbrugg, Leica, Bühler, ISG, FHSG
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Currently
Eggersriet
Previously
Herisau - Heerbrugg - Herisau - Boston - Savonlinna - Edinburgh - Cap d'Ail - Bordeaux - London - Dresden
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