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Meaningful Metrics for a Smart Society
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Date: 2018-11-21 Page is: DBtxt001.php L07-METRICS-NUMBERING-MANAGING

METRICS / NUMBERING
MANAGING

BETTER METRICS ARE FUNDAMENTAL TO SUCCESS ... YOU MANAGE WHAT YOU MEASURE

CHANGING THE WAY THE GAME IS SCORED WILL CHANGE THE WAY THE GAME IS PLAYED
ESSENTIAL TO MEASURE WHAT REALLY MATTERS

Measure Change in State and you Measure Progress

Most financial metrics show growth and are therefore considered better

Stock market

Intangible value

Money supply

World GDP growth

US GDP growth

GDP v GPI
... while metrics for social and environmental impacts trending dangerously worse

Value of $ down

Wages flat
CO2 concentration
Temp v CO2

Sea level rise

CO2 emissions

THE MODERN WORLD IS UNSUSTAINABLE
THERE IS AN UNGENT NEED FOR RAPID, SIGNIFICANT CHANGE TO AVOID AN EXISTENTIAL CRISIS
L070-MA-METRICS-ACCOUNTANCY
A powerful framing of data to enable effective understanding
Open L070-MA-METRICS-ACCOUNTANCY
L070-MG-METRICS-GOALS
A step towards managing performance ... but not sufficient in themselves
Open L070-MG-METRICS-GOALS
L070-MM-METRICS-MANAGEMENT
The right metrics are essential for efficienty successful change
Open L070-MM-METRICS-MANAGEMENT
L070-MR-METRICS-REPORTING
Reporting is often mandated by law, but not sufficient for effective management.
Open L070-MR-METRICS-REPORTING
L070-MV-METRICS-INVESTMENT
There are metrics for financial investment, but not social and environmental investment.
Open L070-MV-METRICS-INVESTMENT
L070-ML-MONEY-LIQUIDITY
Money is NOT a measure. The role of money is economic liquidity.
Open L070-ML-MONEY-LIQUIDITY

MEASURE WHAT MATTERS
MODERN METRICS ARE DANGEROUSLY DYSFUNCTIONAL
GO TOP
Peter Drucker famously said 'You cannot manage what you don't measure'
This is undounbtedly true ... in the corporate world, the components that go into making profit are measured intensely in order to improve profit performance ... and it works!
Unfortunately, we don't do anything like the same amount of measuring in order to improve society and avoid degrading the environment ... and we don't have any easy way of talking about social performance and environmental performance in the same way that we are able to talk about corporate performance and investment portfolio performance. This has to change
Navigation

MORE NAVIGATION GO TOP
L070-MA-METRICS-ACCOUNTANCY Open L070-MA-METRICS-ACCOUNTANCY
L0700-MA-ACCOUNTING-OVERVIEW Open L0700-MA-ACCOUNTING-OVERVIEW
L0700-MA-CARBON-ACCOUNTING Open L0700-MA-CARBON-ACCOUNTING
L0700-MA-FINANCIAL-ACCOUNTANCY Open L0700-MA-FINANCIAL-ACCOUNTANCY
L0700-MA-COST-MNGT-ACCOUNTING Open L0700-MA-COST-MNGT-ACCOUNTING
L0700-MA-ECONOMIC-ANALYSIS Open L0700-MA-ECONOMIC-ANALYSIS
L0700-MA-ECONOMIC-PERFORMANCE Open L0700-MA-ECONOMIC-PERFORMANCE
L0700-MA-ENVIRONMENTAL-ACCOUNTING Open L0700-MA-ENVIRONMENTAL-ACCOUNTING
L0700-MA-FINANCIAL Open L0700-MA-FINANCIAL
L0700-MA-IMPACT-INVESTMENT-ANALYSIS Open L0700-MA-IMPACT-INVESTMENT-ANALYSIS
L0700-MA-INVESTMENT-ANALYSIS Open L0700-MA-INVESTMENT-ANALYSIS
L0700-MA-MANAGEMENT Open L0700-MA-MANAGEMENT
L0700-MA-NATIONAL-ACCOUNTS Open L0700-MA-NATIONAL-ACCOUNTS
NATURAL CAPITAL ACCOUNTING Open L0700-MA-NATURAL-CAPITAL-ACCOUNTING
L0700-MA-STANDARD-COST-ACCOUNTING Open L0700-MA-STANDARD-COST-ACCOUNTING
L0700-MA-SUSTAINABILITY-ACCOUNTING Open L0700-MA-SUSTAINABILITY-ACCOUNTING

L070-MG-METRICS-GOALS Open L070-MG-METRICS-GOALS
L0700-MG-MDGs Open L0700-MG-MDGs
L0700-MG-SDGs Open L0700-MG-SDGs
L0700-MG-TVM-and-UN-SDGs Open L0700-TVM-and-UN-SDGs
L0700-MG-TVM-and-UN-SDGs-02 Open L0700-TVM-and-UN-SDGs-02

L070-ML-MONEY-LIQUIDITY Open L070-ML-MONEY-LIQUIDITY
L0700-ML-ALTERNATIVE-CURRENCIES Open L0700-ML-ALTERNATIVE-CURRENCIES
L0700-ML-CC-CRYPTOCURRENCIES Open L0700-ML-CC-CRYPTOCURRENCIES
L0700-ML-CC-Bitcoin Open L0700-ML-CC-Bitcoin
L0700-ML-CC-Ethereum Open L0700-ML-CC-Ethereum
L0700-ML-CURRENCIES Open L0700-ML-CURRENCIES
L0700-ML-FINANCE Open L0700-ML-FINANCE
L0700-ML-FINANCIAL-INCLUSION Open L0700-ML-FINANCIAL-INCLUSION
L0700-ML-VALUE-BASED-CURRENCY-UNITS Open L0700-ML-VALUE-BASED-CURRENCY-UNITS

L070-MM-METRICS-MANAGEMENT Open L070-MM-METRICS-MANAGEMENT
L0700-MM-POS-INFORMATION Open L0700-MM-POS-INFORMATION

L0200-MT-METRICS Open L0200-MT-METRICS

L070-MR-METRICS-REPORTING Open L070-MR-METRICS-REPORTING
L0700-MR-ESG / ENVIRONMENT, SOCIAL, & GOVERNANCE Open L0700-MR-ESG
L0700-MR-EVA / ECONOMIC VALUE ADD Open L0700-MR-EVA
L0700-MR-GDP / GROSS DOMESTIC PRODUCT
The most used economic metric, but recognized for many decades as deeply flawed.
Open L0700-MR-GDP
L0700-MR-GNH / GROSS NATIONAL HAPPINESS Open L0700-MR-GNH
L0700-MR-GPI / GENUINE PROGRESS INDICATOR Open L0700-MR-GPI
L0700-MR-GRI / GLOBAL REPORTING INITIATIVE Open L0700-MR-GRI
L0700-MR-IR-Integrated-Reporting / INTEGRATED REPORTING
Open L0700-MR-IR-Integrated-Reporting

L070-MV-METRICS-INVESTMENT Open L070-MV-METRICS-INVESTMENT

CONVENTIONAL FINANCIAL ACCOUNTING
CONVENTIONAL CORPORATE MANAGEMENT METRICS
GO TOP
CONVENTIONAL CORPORATE MANAGEMENT METRICS
It is widely accepted that you manage what you measure. The modern world has impressive data about corporate profit performance and the growth of financial wealth. These metrics dominate the conversation in the media, and important decisions being made in politics and business.
The measures for social performance and environmental performance are intellectually and methodologically weak compared to the data systems deployed for accounting for, managing and reporting profit.
The dysfunction of modern metrics is one of the key reasons why so much in the modern world is wrong ... but by no means the only thing that is wrong!
CONVENTIONAL FINANCIAL ACCOUNTING AND RELATED MANAGEMENT SYSTEMS ARE VERY POWERFUL ... BUT ONLY ABOUT PROFIT PERFORMANCE AND FINANCIAL CAPITAL ... THEY COMPLETELY IGNORE EXTERNALITIES AND SO MUCH ELSE THAT IS IMPORTANT
Corporate financial management and management information enables rapid decision making about everythiong associated with corporate profit performance.
There is nothing like it for the impact on society and the impact on the environment ... the externalities are ignored.
The concepts of double entry accounting are ancient, but they are the key to the effectiveness of accountancy as an analytical tool.
... this is what True Value Impact Accounting (TVIA) is all about ... When numbers about progress and performance are missing, then there is no conversation that is grounded in reality and it becomes easy to promulgate 'fake news' and the appearance of good performance without much reality.

TRUE VALUE IMPACT ACCOUNTING
ACCOUNTABILITY FOR EVERYTHING USING DOUBLE ENTRY ACCOUNTING FOR EVERYTHING
GO TOP
Navigation to everything about True Value Impact Accounting (TVIA) Open L070-TVIA
Conventional financial accounting uses money as its unit of account, and concerns itself mainly with money revenues, costs and profits without taking into account the 'externalities' which impact society, natural resources and the environment.
The True Value Impact Accounting (TVIA) initiative builds on the powerful well-established double entry accounting construct to account for everything, giving accountability for ALL of CAPITAL (i.e. HUMAN CAPITAL, NATURAL CAPITAL and CREATED PHSYICAL AND INTANGIBLE CAPITALS) and not just FINANCIAL CAPITAL.
TVIA uses multiple UNITS OF ACCOUNT rather than only money and STANDARD VALUE PROFILES for the PRODUCTS that flow through the system
TVIA has a comprehensive architecture that enables coherent progress and performance reporting for ORGANIZATIONS, PEOPLE (Individuals and families), PLACES, PROCESSES, PRODUCTS and STREAMS.
The purpose of TVIA is to enable better decision making to build better societies and a sustainable world. An important part of the initiative is to facilitate better timely decisions by individual people.

THE CASE FOR BETTER WAYS OF NUMBERING
from PAGE 18 of Sustainable-Food-Trust-The-Cost-of-American-Food-Report-2016
We are currently paying three times for the food we eat. Firstly, in agricultural subsidy payments which largely promote intensive crop production. Secondly, we pay for the food at its retail value when we buy it in the shop. Finally, we pay for a third time to cover the costs of healthcare, as well as the costs of measures to tackle poverty and environmental degradation.
A case in point is the $250 million in subsidies paid annually to maize producers that results in producing cheap high fructose corn syrup for a booming soft drink industry. This leads to increasing incidence of obesity and diabetes, the costs of which are paid for by society.
Another example is the cost of the restaurant system that denies a living wage and benefits to workers, resulting in billions of dollars worth of tips by consumers, and an additional $16.5 billion annually in public subsidies for food stamps and medication. Increasing the federal minimum worker wage to $12 per hour would be equivalent to an average household increase in daily food cost of just 10 cents a day.
Responsible investment strategies are growing in the US but investors are dissatisfied with current environmental, social and governance disclosures. Profit-and-loss accounts must include societal costs in order to enhance market efficiency and manage risks related to resource scarcity, climate change or eventual regulations on product or consumer safety. True cost accounting brings all environmental, social and economic strands into a uniform strategic approach, allowing decisions that safeguard soils, plants, animals and people, while simultaneously producing positive business results.
Open PDF
http://www.truevaluemetrics.org/DBpdfs/Food/SustainableFood/Sustainable-Food-Trust-The-Cost-of-American-Food-Report-2016.pdf
Open PDF ... Sustainable-Food-Trust-The-Cost-of-American-Food-Report-2016

CORE CONCEPTS
CORE CONCEPTS FROM ACCOUNTANCY, ENGINEERING THERMODYNAMICS AND SCIENCE
There are several core concepts in science, engineering and accountancy that have been embedded into the design of True Value Impact Accounting.
The Double Entry construct is one of the most important. This idea ensures that there is a rigorous connection between the change in STATE and the associated activities or FLOWS. This idea mirrors some of the basic thinking in engineering thermodynamics and science.
The accountancy profession enagaged in assurance in large part to ensure that reported performance reflected the facts and the related data about the facts. This remains important as the proligeration of data makes validation of the data and the associated analysis and reporting more and more critical ... and perhaps even moreso as AI and Big Data become more widely deployed.
Open L07O-CC-CORE-CONCEPTS
L0700-CC-CONTINUOUS-IMPROVEMENT
L0700-CC-CONTINUOUS-IMPROVEMENT
Open L0700-CC-CONTINUOUS-IMPROVEMENT
COMPARISON TVIA -V- CONVENTIONAL-ACCOUNTANCY
L0700-CFA-comparison-with-TVIA
Open L0700-CFA-comparison-with-TVIA
L0700-MT-MNGT-ACCOUNTING
L0700-MT-MNGT-ACCOUNTING
Open L0700-MT-MNGT-ACCOUNTING
L0700-CC-COST-PRICE-VALUE
L0700-CC-COST-PRICE-VALUE
Open L0700-CC-COST-PRICE-VALUE
L0700-CC-DATA-AT-THE-CENTER
L0700-CC-DATA-AT-THE-CENTER
Open L0700-CC-DATA-AT-THE-CENTER
L0700-CC-FEEDBACK
L0700-CC-FEEDBACK
Open L0700-CC-FEEDBACK
L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-OPERATIONS-PandL-ACCOUNT PLACEHOLDER
Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-PROCESSES
L0700-CC-PROCESS
Open L0700-CC-PROCESSES
L0700-CC-PRODUCTS
L0700-CC-PRODUCTS
Open L0700-CC-PRODUCTS
L0700-CC-PROGRESS-PERFORMANCE
L0700-CC-PROGRESS-PERFORMANCE
Open L0700-CC-PROGRESS-PERFORMANCE
L0700-CC-BALANCE-SHEET
L0700-CC-BALANCE-SHEET PLACEHOLDER !!!
Open L0700-CC-BALANCE-SHEET
L070-RE-REPORTING ENTITIES
L070-RE-REPORTING-ENTITIES
Open L070-RE-REPORTING-ENTITIES
L070-UA-UNITS-OF-ACCOUNT
L070-UA-UNITS-OF-ACCOUNT
Open L070-UA-UNITS-OF-ACCOUNT

REPORTING ENTITIES
REPORTING FOR ORGANIZATIONS, PEOPLE, PLACES, PROCESSES, PRODUCTS, STREAMS

Also PROJECTS, PROGRAMS and POLICIES

In conventional accounting there are established rules for reporting for the reporting entity. For example, all corporate business organizations report financial performance including the transactions that relate to the organization but excluding transactions that are outsie the 'reporting envelope'. Rules have been established to handle complex corporate structures involving subsidiaries that are both wholly owned, and those with outside stockholders. In TVIA these ideas are expanded to enable coherent reporting not only for the business organization but for all the various entities that make up the complete socio-enviro-economic system.
Open L070-RE-REPORTING-ENTITIES
ORGANIZATIONS
PURPOSE SHOULD BE MORE THAN JUST MAXIMIZING PROFIT
Open L0700-RE-ORGANIZATIONS
PEOPLE
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
Open L0700-RE-PEOPLE
PLACES
WHERE EVERYTHING COMES TOGETHER ... THE PEOPLE LIVE. ORGANIZATIONS PRODUCE AND POLLUTE
Open L0700-RE-PLACES
PROCESSES
WHERE AMAZING TECHNOLOGY SHOULD BE APPLIED FOR COMPREHENSIVE EFFICIENCY
Open L0700-RE-PROCESSES
PRODUCTS
PRODUCTS FLOW THROUGH THE SYSTEM, AND THROUGH USE DELIVER VALUE TO PEOPLE AND SOCIETY
Open L0700-RE-PRODUCTS
STRANDS
EVERYTHING HAS AN IMPACT ON EVERYTHING ELSE
PORTFOLIOS
Investor decisions are critical for better business ESG performance
Open L0700-RE-PORTFOLIOS
PROJECTS
Appropriate for activities that are time limited
PROGRAMS
Needed for program accountability
Open L0700-RE-PROGRAMS
POLICY
Needed for accountability with respect to policy
Open L0700-RE-POLICY

UNITS OF ACCOUNT
MORE POWERFUL THAN MONETIZING IMPACT
Conventional financial accounting uses money as its unit of account, and there are established methods for the use of multiple currencies when this is needed because of the nature of the business.
With TVIA, multiple UNITS OF ACCOUNT are used in a similar way to account for the way in which different activities impact ALL the CAPITALS that make up the SOCIO-ENVIRO-ECONOMIC SYSTEM. This is more powerful and more flexible than the idea of valuing everything using money and markets
Open L070-UA-UNITS-OF-ACCOUNT
MONEY
Long history as the foundation for ALL economic measurement ... but in need of complementary metrics to address all issues
Open L0700-UA-MONEY
A UNIT OF ACCOUNT FOR LIFE AND QUALITY OF LIFE
LIFE and QUALITY OF LIFE are the most important measure of PROGRESS and PERFORMANCE
Open L0700-UA-HUMAN-CAPITAL
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - LAND
LAND IS LIMITED and there are many alternative uses that are required in a sustainable system.
Open L0700-UA-LAND
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - WATER
WATER is vital for human life as well as for production in both people built systems and in natural systems
Open L0700-UA-WATER
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - AIR
Degradation of CLEAN AIR has consequences including deterioration of human health
Open L0700-UA-AIR
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - CLIMATE / GHG
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-CLIMATE-GHG
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - BIODIVERSITY
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-BIODIVERSITY
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - ECO-SYSTEM SERVICES
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-ECOSYSTEM-SERVICES
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - NATURAL RESOURCE DEPLETION
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-NATURAL-RESOURCE-DEPLETION

STANDARD VALUE PROFILES
AN OPEN ACCESS DATABASE FOR STANDARD VALUE PROFILES FOR EVERYTHING
Open L070-SV-STANDARD-VALUE-PROFILES
STANDARD VALUE PROFILE DATABASE
CRITICAL DATA ABOUT THE TRUE COSTS AND VALUE OF EVERY PRODUCT ON THE PLANET
Well managed companies know a lot about every product that is flowing into their organizations and being produced for sale. There is nothing like this level of knowedgle about the products that are flowing through society and having impact on people and the environment.
In companies one technique for documenting knowledge about products is the idea of Standard Costs which is powerful and relatively low cost. In the TVIA data architecture, the equivalent are STANDARD VALUE PROFILES.



METRICS
WITHOUT MEASURES, THERE IS NO MANAGEMENT / MEASURES FOR EVERYTHING ... NOT MERELY MONEY

How we talk about progress and performance ... or not? When numbers about state, progress and performance are missing, then there is no conversation that is grounded in reality and it becomes easy to promulgate 'fake news' and the appearance of good performance without much reality.

TRUE VALUE IMPACT ACCOUNTING (TVIA)
ABOUT TRUE VALUE IMPACT ACCOUNTING ... STATE, PROGRESS AND PERFORMANCE FOR EVERYTHING
GO TOP
TRUE VALUE METRICS
A COMPREHENSIVE COHERENT ARCHITECTURE FOR THE METRICS WE NEED FOR THE 21ST CENTURY
An accounting system based on the essential core concepts of double entry accounting
Multi dimension, multi perspective taking into account everything
All the capitals, not just financial capital
Open L07-TVIA
TVM for COMPANIES Open L0700-TVM-COMPANIES
TVM for GOVERNMENTS Open L0700-TVM-GOVERNMENTS
TVM ... IMPACT ACCOUNTING Open L0700-TVM-IMPACT-ACCOUNTING
TVM ... Management Accounting Open L0700-TVM-MNGT-ACCOUNTING
TVM ... NGO Accounting Open L0700-TVM-NGO-ACCOUNTING
TVM for NGOs Open L0700-TVM-NGOs
TVM for PLACES Open L0700-TVM-PLACES
TVM for SMEs Open L0700-TVM-SMEs
TVM ... Value Accounting Open L0700-TVM-VALUE-ACCOUNTING

INITIATIVES DEVELOPING METRICS
SEVERAL HUNDRED ORGANIZATIONS INVOLDED IN DEVELOPING / APPLYING METRICS
GO TOP
METRICS ... A COLLECTION OF INITIATIVES RELATED TO METRICS
SEVERAL HUNDRED ORGANIZATIONS INVOLDED IN DEVELOPING / APPLYING METRICS
Open L0200-METRICS
n8-METRICS-ByOrganization
n8-METRICS-ByOrganization
Open n8-METRICS-ByOrganization
n8-METRICS-ByPeople
n8-METRICS-ByPeople
Open n8-METRICS-ByPeople
n8-METRICS-ByTheme
n8-METRICS-ByTheme
Open n8-METRICS-ByTheme

THE MONEY METRIC
How we talk about progress and performance ... or not. When numbers about progress and performance are missing, then there is no conversation that is grounded in reality and it becomes easy to promulgate 'fake news' and the appearance of good performance without much reality.
GO TOP

What is money?
When money serves as both a medium of exchange and a store of value it cannot also serve as a measure of the value and have much measurement meaning.
Money is efficient as a medium of exchange.
Money also works as a store of value as long as the idea of money is trusted to have value. The importance of this trust cannot be overstated.
In order to measure the value of intangibles of all sorts, the solution is to use UNIT OF ACCOUNT specific to the characteristic of the intangible element and what it does.

MONEY-CURRENCY
L0M00-MONEY-CURRENCY
Open L0M00-MONEY-CURRENCY

Open L0700-MX-MONEY-CURRENCY

SPECIALIZED SYSTEMS FOR ACCOUNTING AND REPORTING
Examples of many different types of accounting and reporting
GO TOP
CARBON-ACCOUNTING
L0M00-CARBON-ACCOUNTING
Open L0M00-CARBON-ACCOUNTING
ENVIRONMENTAL-ACCOUNTING
L0M00-ENVIRONMENTAL-ACCOUNTING
Open L0700-MA-ENVIRONMENTAL-ACCOUNTING
SUSTAINABILITY-ACCOUNTING
L0M00-SUSTAINABILITY-ACCOUNTING
Open L0700-MA-SUSTAINABILITY-ACCOUNTING
ECONOMIC-PERFORMANCE
L0M00-ECONOMIC-PERFORMANCE
... GDP
... GPI
Open L0M00-ECONOMIC-PERFORMANCE
FINANCIAL PERFORMANCE of the ORGANIZATION
L0M00-FINANCIAL
Open L0M00-FINANCIAL
MANAGEMENT METRICS
L0M00-MANAGEMENT
Open L0M00-MANAGEMENT
NATIONAL LEVEL PERFORMANCE
L0M00-NATIONAL
Open L0M00-NATIONAL
ECONOMIC-PERFORMANCE / GDP (GROSS DOMESTIC PRODUCT)
L0M00-GDP
Open L0M00-ECONOMIC-PERFORMANCE
ECONOMIC-PERFORMANCE / GPI (GENUINE PROGRESS INDICATOR)
L0M00-GPI
Open L0M00-ECONOMIC-PERFORMANCE
WORLD BANK / UNITED NATIONS / OECD METRICS
A huge amount of data at the country level ... rather little below this level
GO TOP
UNITED-NATIONS
L0M00-UNITED-NATIONS
Open L0M00-UNITED-NATIONS
UNITED NATIONS - MDGs
L0M00-MDGs
Open L0M00-MDGs
IMITED NATIONS - SDGs
L0M00-SDGs
Open L0M00-SDGs

OVERVIEW
EARLY HISTORY OF THINKING ABOUT BETTER METRICS

A recognition that conventoinal money based financial accounting could not do accountability for a complex system
OVERVIEW / HISTORY
OVERVIEW HISTORY
OVERVIEW-HISTORY-0
Open L070-OVERVIEW-HISTORY-0

STOCK MARKET METRICS
The business media reports on movements in stock markets every 15 minutes ... there is nothing remotely like it for the performance of people, society or the environment
GO TOP

New York Stock Exchange (NYSE)
Dow from 1998 to 2016
An impressive increase in the index ... but what does it really mean?
In large part the profits of business increased while the wealth of society as a whole was diminishing.
This is the behavior that one must expect when the only management measure that is used everywhere is money profit performance for organizations, and money income and financial wealth for individuals.
Open exernal link
Dow from 1927 to 2017 adjusted for consumer prices (CPI)
The Dow index has increased by an impressive amount over the long term ... but it hardly represents any significant reality. There are only a very few large cap stocks and these are changed from time to time in a way that eliminates the failing companies. The S&P 500 is a singificantly more represeantative index.
The Dow ... We’re Already at Dow 30000, You Just Don’t Know It
The blue-chip index is a poor measure of what investors are doing
By JAMES MACKINTOSH Updated Jan. 25, 2017 2:06 p.m. ET
It’s time to ditch the Dow. After 120 years, the venerable Dow Jones Industrial Average is an embarrassing anachronism, abandoned by professionals and beloved only by a media ...
'https://www.wsj.com/articles/were-already-at-dow-30000-you-just-dont-know-it-1485362316'
Open exernal link
The S&P Index from 1956 to 2017

THE FINANCING OF THE BANKING SECTOR
The financing of the banking sector is underwritten by the unusual arrangements that are Central Banks
GO TOP

Central Bank asset growth from 2006 to 2016

'http://inflation.us/central-bank-balance-sheet-assets-hit-record-high/'
Open exernal link

THE FINANCING OF INTERNATIONAL DEVELOPMENT ASSISTANCE
The financing of international development assistance has been both rather modest and also quite ineffective. More and better are both needed.
GO TOP

Segmentation of FDI fund flows
The financing of international development assistance has been both rather modest and also quite ineffective. More and better are both needed.
Remittances are one of the most important area of growth and likely one of the most efficient in terms of delivering poverty reduction at a low cost. It can also be noted that the banking sector and financial services industry charges very high prices for a service that is vital but low cost for the banks!

BANK LENDING BY SECTOR
Bank lending by sector is more about credit worthyness than impactfulness
GO TOP

UK Bank Lending by Sector

Reporting 3.0
Navigation to more resources related to Reporting 3.0
Open L0500-Reporting-3-0


UNITED NATIONS and MANAGEMENT METRICS
The United Nations does a lot of 'big picture' metrics ... but much less about management metrics suited to making better decisions
GO TOP

SDGs - SUSTAINABLE DEVELOPMENT GOALS
SDGs - SUSTAINABLE DEVELOPMENT GOALS
The 17 Sustainable Development Goals were launched by the United Nations in 2015 together with more than 120 indicators of progress as a replacement fore the NDGs. An important criticism of the SDGs is that they represent discontinuity from the MDGS to the SDGs and too much of an opportunity to lose much of the momentum that was in place for the MDGs. For more on this, see the link ...
Open L0M00-SDGs

MDGs - MILLENNIUM DEVELOPMENT GOALS

1013 507
Open L0M00-MDGs



The text being discussed is available at


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