That's something that inspires us. As educators we see it as our job to uncover the workings and coherence of the world of business. Let's take a quick look back at how the Table came about.
Then along came a crazy diamond in Dmitri Mendeleev, who had his hair cut once a year by a shepherd with wool shears. He loved playing Patience and the card game gave him a flash of inspiration. He arranged the elements into a grid, with groupings - like card suits - revealing deep structural principles.
In Mendeleev’s own words, the periodic table "reveals the beauty and poetry of nature, allowing us to understand and grasp the whole symmetry of the scientific edifice".
Accounting’s own grid presents the elements of business – rights & obligations, assets, debt & equity, leverage, liquidity, value generation & sacrifice, surplus & deficit – and integrates them in a simple, useful and holistic system.
Color Accounting’s graphical BaSIS Framework turns 20 this year. It gives business students a view of the workings and generative power of that civilization-building adventure that is Business, Commerce and Enterprise.
Not quite the stuff of exploding supernovae, but enough to make managers shine.
To a brilliant you,
Peter.