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!

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 AND PERFORMANCE More
ECONOMIC / Profit, Stock prices, GDP More
PEOPLE / SOCIETY More
ENVIRONMENT 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
Environmental Risks
Life itself depends on the environment ... humankind has limited ability to survive when the environment changes.
risk
Pollution
Solids / Liquids / Gases
more
Sea Level Rise
Ice melt caused by global warming / More powerful storms
more
Climate Change
More energy / Greater instability
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
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 ... outdated doctrines and ideologies more
Socio-Enviro-Economic System
(II) SYSTEM
SEES
STATE ... THE CAPITALS STATE
Human Capital
(1) People (HC)
........ Individual cost, contribution and potential
(1-HC)
(2) Social (SC)
........ Relationships, Community
(2-SC)
Created Capital
(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
(6) Natural Capital (NC)
........ Land / EcoSystem Services
........ Minerals / Fossil Fuels
........ Water / Air / Elements
........ Climate / Livable Environment
(6-NC)
FLOW ... ACTIVITIES FLOW
PROCESSES (P1)
Processes determine the efficiency of production and the associated impacts
(P1)
PRODUCTS (P2)
Products flow through the system having impact as they are produced, used and then discarded
(P2)
STREAMS
Everything is connected to everything else
STREAMS enable accountability for everything
(SS)
SECTORS
Everything is connected to everything else
STREAMS enable accountability for everything
(SI)
MONEY
MEDIUM OF EXCHANGE
CONVENTIONAL MODERN MONEY
Bad measure / Bad store of value
more
COMPLEMENTARY CURRENCIES
LETS / Alternative Curencies / etc
more
CRYPTOCURRENCIES
Blockchain / Distributed Ledger
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) 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)
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 Financial Accounting
Very powerful for optimizing profit
Very limited for everything else
CFA
Conventional Economic Analysis
Has been used in support of macroeconomic growth
Has been good for investors and owners
Misses almost everything that has critical importance
ECON
Portfolio Management
The allocation of investments
INV
Corporate Management
Key performance indicators (KPI) to maximize profit
ORGS

TRUE VALUE IMPACT ACCOUNTING
Accountability for Everything
TVIA
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
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)
Critical data about everything
Continuous improvement of data
Continuous improvement of performance
SVP

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 GO InPage CTX-1
TRENDS ... PROGRESS AND PERFORMANCE GO InPage CTX-2
ISSUES ... THOUSANDS OF ISSUES THAT CONSTRAIN SUCCESS GO InPage CTX-3
IDEAS ... THINKERS / POSSIBILITIES / ANALYTICAL FRAMING GO InPage CTX-4

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 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

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

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