Stocks and Flows
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Stocks and Flows
“Stock and flow” is an economic concept that writer Robin Sloan has adapted into a metaphor for media: “Flow is the feed. It’s the posts and the tweets. It’s the stream of daily and sub-daily updates that remind people you exist. Stock is the durable stuff. It’s the content you produce that’s as interesting in two months (or two years) as it is tod
... See moreAustin Kleon • Show Your Work!: 10 Ways to Share Your Creativity and Get Discovered
... See moreThe presence of stocks allows inflows and outflows to be independent of each other and temporarily out of balance with each other…People monitor stocks constantly and make decisions and take actions designed to raise or lower stocks or to keep them within. Acceptable ranges. These decisions add up to the ebbs and flows successes and problems of all
Follow a system’s Flows, and you’ll inevitably find places where resources tend to pool together. In this case, a Stock isn’t a certificate of business ownership—it’s a pool or holding tank of resources. A bank account is a good example of a Stock: it’s a pool of money waiting to be used. Inventories, queues of customers, and waiting lists are also
... See moreJosh Kaufman • The Personal MBA: A World-Class Business Education in a Single Volume
Stocks change over time through the actions of a flow.
Donella H. Meadows • Thinking in Systems: International Bestseller
Stocks change over time through the actions of a flow.