image missing True Value Metrics (TVM)
Meaningful Metrics for a Smart Society
TM
image missing TM
TRUE VALUE IMPACT ACCOUNTING
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WOULD BE OF HUGE VALUE!

MULTIPLE PERSPECTIVES / MULTIPLE DIMENSIONS
HUMANSPHERE
(PS) PEOPLE / SOCIETY ... more
BIOSPHERE
(PE) PLANET / ENVIRONMENT ... more
TECHNOSPHERE
(CC) TECH / ORG / INIT ... more
(PS) Individuals ... more Family ... more Employee ... more Employer ... more Iinvestor ... more Customer ... more
(PE) Land ... more Water ... more Air ... more Minerals ... more Energy ... more EcoSystem ... more Climate ... more Nature ... more
(CC) Govt ... more Big Cos ... more SMEs ... more Banks ... more NGOs ... more Portfolios ... more Place ... more Products ... more Processes ... more
Issues ... more Ideas ... more Knowledge ... more Technology ... more Faith ... more Thinkers ... more Initiatives ... more
Potential ... more Constraints ... more Basic Income ... more Money ... more Finance ... more Metrics ... more

(0)
HOME
(1)
ISSUES
SYSTEMIC
DYSFUNCTION
(2)
IDEAS
THINKERS
POSSIBILITIES
(3)
BETTER
METRICS
TVIA
(4)
PEOPLE
SOCIAL
CAPITAL
(5)
NATURAL
SYSTEMS
BIOSPHERE
(6)
CREATED
PHYSICAL
ECONOMY
(7)
CREATED
FINANCIAL
ECONOMY
(8)
CREATED
INTANGIBLE
ECONOMY
(9)
PLACE
COUNTRIES
COMMUNITIES
(10)
STREAMS
PRODUCTS
PROCESSES
(11)
ORGANIZATIONS
COMPANIES
INITIATIVES
(12)
ABOUT
BURGESS
ARCHIVE

Thousands of Issues
(I) CONTEXT
CTX
ISSUES more
By Issue in Alpha sequence Alpha
By Issue in Chronological Sequence Chrono
By Subject Area (Cluster) Cluster
PROGRESS / PERFORMANCE More
SOCIETY ... Human Capital More
ENVIRONMENT ... Natural Capital More
ECONOMY ... Created Captal More
SYSTEMIC DYSFUNCTION
more
SOCIAL PROBLEMS
Social Risks
The established social order has lost its legitimacy.
Breakdown of social order an existential risk
risk
Jobs / Low Wages / Unemployment
Structural issues that change everything
more
Poverty
Opportunity, jobs and income insufficient
more
Hunger / Malnutrition / Ill-health
Water / Sanitation
Hunger / Food shortage
Risky agriculture / risky food choices
more
Civil War / Physical Destruction
Scandalous Value Destruction
more
War Violence / Human Destruction
Death / Genocide / Crimes against Humanity
more
Religion / Culture
Good and Bad / Clash of Civilizations
more
ENVIRONMENT
Biodiversity
Being destroyed at a dangerous rate
more
Deforestation
Cutting trees is big business
more
Sea Level Rise
Ice melt caused by global warming / More powerful storms
more
Extreme weather
More energy / Greater instability
more
Pollution
Solids / Liquids / Gases
more
ECONOMIC ISSUES
more
Economic Risks
The Western economic model as practiced for the last 200 years is on life support and will implode without radical new thinking.
risk
Corruption
Many essential industries are the worst offenders
more
Inequality
Massive investor wealth ... 40 years of huge wealth increases
more
Money / Currency
Huge issue ... very little understood
more
Markets / Intangible Value
Real tangible value has very little to do with market price
more
Wrong Metrics
Profits, GDP , Growth works for owners but not for workers
Nothing for impacts on the environment and society
more
IDEAS / POSSIBILITIES
more
UNDERSTANDING POTENTIAL more
NICE PEOPLE ... the 99% more
KNOWLEDGE ... research, education
more
TECHNOLOGY ... materials, computer science
more
BETTER METRICS ... TVIA, other
more
BETTER GOALS ... SDGS, PRI, etc. more
ELIMINATING CONSTRAINTS more
ENABLING INITIATIVES more
Socio-Enviro-Economic System
(II) SYSTEM
SEES
STATE ... THE CAPITALS STATE
People / Human Capital
(S-HS)
(1) Human Capital
... The individual
... Their potential to contribute / their cost of living
(1-HC)
(2) Social / Relationship Capital
... The family
... The community / Society
(2-SC)
Created Capital
(S-CC)
(3) Physical Capital (CPC)
... Buildings. Vehicles, Plant, Equipment
... Infrastructure
(3-CPC)
(4) Intangible Capital (CIC)
... Government / Rule of Law
... Knowledge
... Arts / Culture
(4-CIC)
(5) Financial Capital (CFC)
... Money
... Securities
(5-CFC)
Natural Capital
(S-NC)
(6) Natural Capital (NC)
... Land / EcoSystem Services
... Minerals / Fossil Fuels
... Water / Air / Elements
... Climate / Livable Environment
(6-NC)
FLOW ... ACTIVITIES FLOW
ACTORS (IE)
Implementing Entities
InPage
(IE)
EXCHANGE / TRADE (XT)
Source of vital value add
(XT)
PROCESSES (P1)
Processes determine the efficiency of production and the associated impacts
(P1)
PRODUCTS (P2)
Products flow through supply chain, production, use and waste
(P2)
STREAMS
Everything is connected to everything else
STREAMS cross sectors
(SS)
SECTORS
SECTORS have very different technical characteristics
(SI)
MONEY
MEDIUM OF EXCHANGE
more
CONVENTIONAL MODERN MONEY
Bad measure / Bad store of value
more
CRYPTOCURRENCIES
Blockchain / Distributed Ledger
more
COMPLEMENTARY CURRENCIES
Alternative Curencies / LETS / etc
more
VALUE BASED CURRENCIES
New Value Based Coins / Tokens
more
TRANSACTIONS
TO BUY OR NOT TO BUY
POINT OF SALE
Key to comprehensive accountability
ADVERTISING
All about selling stuff / misinformation
more
ACTORS
IMPLEMENTING ENTITIES
IE
(1) COMPANIES ... BoD / C-Suite (1)
(2) INVESTORS
(2)
(3) INDIVIDUALS
(3)
(4) FAMILIES
(4)
(5) NGOs (5)
(5) SOCIETY ... Community organizations (5)
(6) GOVERNMENT ... of a PLACE (6)
(7) PROCESSES
(7)
(8) CONSUMERS / USERS
(8)
PLACES
WHERE EVERYTHING HAPPENS
more
(1) CITIES / RESIDENTIAL
more
(2) CITIES / COMMERCIAL
more
(3) CITIES / INDUSTRIAL
more
(4) CITIES / SLUMS
more
(5) SUBURBAN SPRAWL
more
(6) RURAL AREAS
more
(7) RURAL COMMUNITIES
more
You Manage what you Measure
(III) METRICS
More
CONVENTIONAL METRICS
Financial Accounting
Very powerful for optimizing profit
Very limited for everything else
CFA
Economic Analysis
Misses too much that has critical importance
ECON
Investment Analysis
Focus on short term
Focus on profit
INV
Impact Reporting
Reporting ... not accounting / mainly stories
Impact
BETTER METRICS
TRUE VALUE IMPACT ACCOUNTING
TVIA
Corporate Management
Better metrics include acccountig for impact on society and environment as well as profit!
T-Mngt
NGO Management
Managing for GOOD ... big benefits at small cost
T-NGO
Responsible Investing / PRI
Getting beyond commitment to achievement
PRI
Core Concepts
Critical Principles
CC
(1) DOUBLE ENTRY
(1)
(2) COST, PRICE AND VALUE
(2)
(3) STATE and FLOW
(3)
(4) REPORTING ENTITY
(4)
(5) COST AND MANAGEMENT ACCOUNTING
(5)
(6) PROGRESS AND PERFORMANCE
(6)
Multiple Reporting Entities
One reporting framework
RE
(1) ORGANIZATIONS
(1)
(2) INVESTMENT PORTFOLIOS
(2)
(3) INDIVIDUALS
(3)
(4) FAMILIES
(4)
(5) SOCIETY / COMMUNITIES
(5)
(6) PLACES
(6)
(7) PROCESSES
(7)
(8) PRODUCTS
(8)
(9) STREAMS (9)
Multiple Units of Account UA
Multiple Units of Account
Independent measures for different components of the system
NOT money as the unique measure
A value unit for human capital
A value unit for natural capital
UA
Standard Value Profiles (SVP) SVP
Standard Value Profiles (SVP)
Critical data about everything
Continuous improvement of data
Continuous improvement of performance
SVP
True Value Coin Finance TVC
True Value Coin Ecosystem
Based on Proof of Potential .. / Medium of Exchange ... YES / Enables Financing ... YES / Creates Value ... YES / Store of Value ... NO
TVC
TVCs for Fiat Money Transaction
TVCs for Human Potential
TVCs for Environmental Value

Open Collaboration / Teamwork
(IV) TEAM
(InPage)
TEAMWORK
Every individual can contribute ... but it is TEAM that wins the game
(TEAM)
About Peter Burgess (TPB)
Experience / Track Record
(TPB)
PEOPLE
People make all the difference
(PPL)

CONTEXT
OVERVIEW / BACKGROUND / ISSUES / CONSTRAINTS / POSSIBILITIES

SYSTEMIC FAILURES / DYSFUNCTION / HUNGER / HOMELESSNESS / DESTRUCTION / POVERTY / MORALITY / KNOWLEDGE

GOOD PEOPLE STRUGGLING / AMAZING TECHNOLOGY / AMAZING POSSIBILITIES / MISSED OPPORTUNITIES
GO TOP
CONTEXT
THE ARC OF HISTORY AND THE PRESENT STATE OF THE WORLD
Open L07-CONTEXT
OVERVIEW ... THE ARC OF HISTORY Open L07-HISTORY
TRENDS ... PROGRESS AND PERFORMANCE Open L07-TRENDS-OVERVIEW
ISSUES ... THOUSANDS OF ISSUES THAT CONSTRAIN SUCCESS Open L07-ISSUES
IDEAS ... THINKERS / POSSIBILITIES / ANALYTICAL FRAMING Open L07-IDEAS

SOCIO-ENVIRO-ECONOMIC SYSTEM
ALL THE CAPITALS / ALL THE PROCESSES

NOT JUST THE FINANCIAL DIMENSION ... BUT IMPACT ALSO ON PEOPLE, SOCIETY AND THE ENVIRONMENT
GO TOP
SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
THE COMPLETE SOCIO-ENVIRO-ECONOMIC SYSTEM
Open L07-SEES
STATE ... CAPITALS Open L0700-CC-CAPITALS
FLOW / PROCESS ... STREAMS / STRANDS / STRINGS - SECTORS / INDUSTRIES Open L070-SS-STREAMS-STRANDS-STRINGS
FLOW / PRODUCTS ... SUPPORT QUALITY OF LIFE / EARN PROFITS / PROVIDE JOBS Open L0700-CC-PRODUCTS
FLOW / ACTORS ... IMPLEMENTING ENTITIES Open L070-IE-IMPLEMENTING-ENTITIES

METRICS
BETTER METRICS ARE FUNDAMENTAL TO SUCCESS

TRUE VALUE IMPACT ACCOUNTING

ACCOUNTING AND ACCOUNTABILITY FOR EVERYTHING ... EVERY DIMENSION / EVERY ENTITY OF THE ECONOMY
GO TOP
WHY METRICS ARE IMPORTANT
YOU ONLY MANAGE WHAT YOU MEASURE
Open L07-METRICS
CONVENTIONAL FINANCIAL ACCOUNTING ... VERY POWERFUL BUT ONLY ABOUT PROFIT PERFORMANCE AND FINANCIAL CAPITAL Open L070-CFA-CONVENTIONAL-FINANCIAL-ACCOUNTANCY
TRUE VALUE IMPACT ACCOUNTING ... ACCOUNTABILITY FOR EVERYTHING USING DOUBLE ENTRY ACCOUNTING FOR EVERYTHING Open L07-TVIA
CORE CONCEPTS ... FROM ACCOUNTANCY, ENGINEERING THERMODYNAMICS AND SCIENCE Open L07O-CC-CORE-CONCEPTS
REPORTING ENTITIES ... ORGANIZATIONS, PEOPLE, PLACES, PROCESSES, PRODUCTS, STREAMS Open L070-RE-REPORTING-ENTITIES
UNITS OF ACCOUNT ... MORE POWERFUL THAN MONETIZING IMPACT Open L070-UA-UNITS-OF-ACCOUNT
STANDARD VALUE PROFILES ... ANALOGOUS TO STANDARD COSTS Open L070-SV-STANDARD-VALUE-PROFILES
TRENDS / PROGRESS AND PERFORMANCE ... FOR ALL THE SOCIO-ENVIRO-ECONOMIC SYSTEM Open L07-TRENDS-OVERVIEW

TEAM / OTHER GO TOP
PETER BURGESS ... BACKGROUND Open n1-Burgess
BURGESS MANUSCRIPTS Open n1-Burgess-Manuscripts
NETWORK ... Linkedin Connections Open n1-Burgess-Linkedin-Connections
EVENTS ... Current year 2017 Open L0200-EVENTS-2017
ALTERNATIVE NAVIGATIONS
NAVIGATION VIA MAINNAV THAT WAS RETIRED IN MARCH 2017
(0)
HOME
(0)
MAIN
NAV
TOP
(1)
ISSUES
SYSTEMIC
DYSFUNCTION
(2)
IDEAS
THINKERS
POSSIBILITIES
(3)
BETTER
METRICS
TVA
(4)
PEOPLE
SOCIAL
CAPITAL
(5)
NATURAL
CAPITAL
SYSTEMS
(6)
PBS
PHYSICAL
ECONOMY
(7)
PBS
FINANCIAL
ECONOMY
(8)
PBS
INTANGIBLE
ECONOMY
(9)
PLACE
COUNTRIES
COMMUNITIES
(10)
PRODUCT
PROCESS
SECTOR
(11)
ORGANIZATIONS
COMPANIES
INITIATIVES
(12)
ABOUT
BURGESS
ARCHIVE
NAVIGATION VIA HOME PAGE THAT WAS RETIRED IN MAY 2017
(0)
HOME
(1)
BETTER
METRICS
TVIA
(2)
BACKGROUND
CONTEXT
ISSUES
(3)
ALL
THE
CAPITALS
(4)
REPORTING
ENTITIES
(5)
UNITS
OF
ACCOUNT
(6)
STANDARD
VALUE
PROFILES
(7)
ABOUT
BURGESS
DIALOG
(8)
ALTERNATIVE
NAVIGATION
NAVIGATION TO BURGESS / TVIA SLIDESETS
SLIDESETS IN CHRONOLOGICAL SEQUENCE SLIDESETS about TRUE VALUE METRICS SLIDESETS used in BURGESS PRESENTATIONS SLIDESETS related to SECTORS / PROCESSES

Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015

CAVEAT. The information on this website may only be used for socio-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2017 Peter Burgess. All rights reserved.