Itis true that no matter your profession, architecture has and willalways have an intense effect and influence upon you. Architectureis the mother of all arts so regardless the profession one is in, itwill always affect his or her discipline (Leon Festinger, 1956). Ipersonally, my profession is finance or accountancy and it isaffected by architecture in a great manner. Architecture can bedefined in many ways depending on the perspective and context. In myprofession, I define architecture as a methodical organization ofinformation or concepts. According to Frank Lloyd Wright,architecture is life itself. It is that pronounced active imaginativespirit which from generation to generation, from age to age,continues, perseveres, generates, according to the nature of man, aswell as his situations as they alter. That is truly architecture
Todefine writing as a profession, simply, it is a profession of playingwith numbers and figures in a professional manner, in a systematicway. In my profession, I deal with preparation of financialstatements, budgets, trading, profit and loss accounts as well asbalance sheets. This has to be in a methodological way. Dealing withfigures is not an easy task. One has to be articulate as well asalert and precise in this profession. If the system is not builtwell, then accountancy and finance can be hard. This falls underarchitecture. The architectural way of building a software systemthat deals with finance is of great importance. The software systemmust not be obsolete. Apart from the software system, there is aswell an infrastructural system that affects this discipline. Theenvironmental and the atmosphere of finance must be ample and secure.Security is paramount. The manner in which architecture is carriedout in financial institutions affects the work (Leon Festinger,1956).
Financeand accountancy can be done in many places. Every business or evennon-profit institutions must have a department of finance. This helpsin day to day operational activities of the institution. Financialpractice can be carried out in financial institutions such banks,SACCOs and micro-financial institutions. For instance, let us say Iwill do my accountancy in a financial institution such as a bank. Abank is a financial institution that offers banking services to itsclients. Banks have to be built in a manner that they are secure andcan offer services to its clients in a proper manner. The behavioralfacilitation is so important in banks. Under behavioral facilitation,there is functional conformance and spatial conformance. Underfunctional conformance, the idea is the purpose of this institution.The main aim is to offer financial services to people. As added byLeon Festinger (1956), architecture comes in through the way and themanner the facilities and systems are laid down in such institutions.The physical or spatial conformance is basically the infrastructuralfacilities offered in the banking institutions.
Behavioralﬁnance is the study of the inﬂuence of psychology on the behaviorof ﬁnancial practitioners and the subsequent eﬀect on markets.Behavioral ﬁnance is of interest because it helps explain why andhow markets might be ineﬃcient. Hazard regulations must be in placeas well to facilitate the efficiency of accountancy. Hazardregulations include physical security and market security. Thephysical security depends on the infrastructure itself. Theinfrastructure has to be secure to help smooth flow of activities. Inthis way, architecture has an effect on this discipline. Thephysiological structure has to be maintained to lure more clientssince this discipline has become very competitive. The perception inwhich the facilities are maintained is equally vital. In 1956, the USpsychologist Leon Festinger introduced a new notion in socialpsychology: the theory of cognitive dissonance [ CITATION Leo56 l 1033 ].When two concurrently held perceptions are inconsistent, this willproduce a state of intellectual discord. Because the experienceof discord is spiteful, the person will endeavor to lessen it byaltering their views. This is as well applied in finance and it is anarchitectural mind.
Avalue strategy involves buying stocks that have low prices relativeto incomes, bonuses, book assets, or other measures of essentialsignificance. Value strategies yield higher returns because thesestrategies exploit the sub optimal behavior of the typical investor.The equity premium puzzle refers to the empirical fact that stockshave outperformed bonds over the last century by a far greater degreethan would be expected under the standard expected utility maximizingmodel. Loss antipathy united with a farsighted tendency to regularlyobserve one’s wealth. They christen this amalgamation prejudicedloss antipathy. This is all architecture when it comes to stockmarket which is an important stakeholder in finance.
Thesetting of the financial institutional should be in a way that itagrees with nature of the business. The setting will be in terms ofbehavioral, functional, spatial, physiological, perceptual and socialfacilitation. The nature in which the building has to be build shouldbe in line with the terms and conditions of finance. The manner inwhich it is set should be able to have safety regulations like fireexits and many others. This makes the environment to be accommodativefor everybody. Social initiation and facilitation comes in when thefacility is modified but at the same time simplified to suiteverybody’s nature. Movement should be easier in that when oneemployee wants to access something from another, it will not be hardto do so. There can also be social separation especially when itcomes to managerial staff and common staff. This is all the work ofarchitecture. But in doing this, there should be a consideration ofsecurity especially in financial institutions. This can be seen inplaces where money is kept. The money safes should be so secure inthat incase of any robbery, the robbers wont access the money soeasily. The access to the offices can only be given to the staffmembers and no one else. This helps in enhancing security, both ofthe people and the money. Strategic conditions should not beoverlooked as well. The building must be able to accommodate all theclients as well as the staff members. This lies squarely onarchitecture. The mode in which the design is laid down up-to thefinishing point is important. The setting can either be 3D or 4D aslong as it meets the requirements that are set. Poorly constructedfinancial structures have a negative toll on both the software andthe hardware structural facilities. The work will not run smoothlythus affecting the even the overall deliverance of the purpose ofcourse.
Mostpsychologists have found empirically that people underweight resultsthat are simply credible in contrast with results that are gottenwith inevitability. In addition, people usually reject mechanismsthat are shared by all forecasts under deliberation. The valuefunction is deﬁned on deviations from a reference point and isgenerally curved in for improvements normally curved for fatalitiesand is usually precipitous for losses than for gains. Decisionweights are usually inferior to the consistent prospects, with theexception ofrange of low prospects. This is a physiological as wellas social architecture.
Inconclusion, whether you are in a white collar profession of a bluecollar job, architecture has a way of affecting your discipline. Itcan either be in a software form or hardware for, but the fact stillremains that architecture will affect you. Being the mother of allarts, architecture is at the center of everything. It can be definedin various ways. It is the artor science of designing and building buildings, structures, objects,and outdoor spaces, the flow of information on a Web page or even theplanned design of any kind of system.Asdefined it earlier, it is a systematic arrangement of information orideas. So, no matter what your profession will be Architecture hasand will have a profound effect upon you. Architecture is life! Itcan be profound in the way life was lived in the past, today and evenin future. Everything encompasses around architecture thus makingthis term a word that cannot be avoided no matter how hard we try toavoid it.
Leon Festinger, H. R. (1956). Architecture The mother of all arts. In H. R. Leon Festinger, Architecture The mother of all arts (pp. 132-234). Minneapolis: Minnesota Press.