image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
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STATE
ALL THE
CAPITALS
ACTORS
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ENTITIES
ACTIVITIES
PROCESSES
SECTORS
PLACE
COMMUNITIES
COUNTRIES
PRODUCTS
STUFF
CONSUMPTION
MONEY
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THE TVM
INITIATIVE
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Date: 2018-06-21 Page is: DBtxt001.php L07-TVM-INITIATIVE


THE TVM INITIATIVE
TRUE VALUE IMPACT ACCOUNTING
METRICS REALLY MATTER ... BUT THE METRICS MUST BE THE RIGHT ONES

TO DO ... update images to be more relevant to the subject matter

Accounting for ALL the
SOCIO-ENVIRO-ECONOMIC SYSTEM
Three segments make up the SOCIO-ENVIRO-EONOMIC SYSTEM (SEES)
Open L07-SEES

Accounting for ALL the elements of CAPITAL
Social Capital
Natural Capital
Economic Capital
Open L070-SEES-SOCI0 Open L070-SEES-ENVIRO Open L070-SEES-ECONOMIC
Navigation for ALL the CAPITALS More InPage
.
Accounting for ALL the ACTORS INPAGE
Social Actors
Natural Systems
Economic Actros
Open L070-SEES-SOCI0 Open L070-SEES-ENVIRO Open L070-SEES-ECONOMIC
Navigation to Accountability for ALL the ACTORS
InPage Navigation for ALL the ACTORS More InPage
Accountability for ALL the ACTORS Open L07-ACTORS-ENTITIES
.
CORE CONCEPTS
ACCOUNTANCY CONCEPTS BASIS FOR EVERYTHING
ALL the CAPITALS ... ALL the ACTIVITIES ... ALL the ACTORS
InPage Navigation for CORE CONCEPTS More InPage
More about CORE CONCEPTS Open L070-CC-CORE-CONCEPTS
.
INTERESTING IDEAS
IDEAS ABOUT WAYS TO ACHIEVE AND/OR DESCRIBE A BETTER WORLD
InPage Navigation for INTERESTING IDEAS More InPage
More about INTERESTING IDEAS Open L070-II-INTERESTING-IDEAS
.

Accountability for ALL the CAPITALS GO TOP
ALL the CAPITALS of the SYSTEM
Open L07-CAPITALS-STATE
SOCIAL CAPITAL Open L070-CS-SOCIAL-CAPITAL
(1) Human Capital Open L0700-CS-HC-HUMAN-CAPITAL
(2) Relationship Capital Open L0700-CS-RC-RELATIONSHIP-CAPITAL
(3) NATURAL CAPITAL Open L070-CS-NC-NATURAL-CAPITAL

NATURE / NATURAL CAPITAL
THE NATURAL ECONOMY / PLANET / SUN
EVERYTHING DEPENDS ON NATURAL RESOURCES AND NATURAL SYSTEMS
GO TOP
Planet Earth / Water / Trees / Climate instability / Resource depletion
L0700-NC-NATURAL-CAPITAL
L0700-NC-NATURAL-CAPITAL
Open L0700-CS-NC-NATURAL-CAPITAL
L0700-NC-LAND
L0700-NC-LAND
Open L0700-NC-LAND
L0700-NC-WATER
L0700-NC-WATER
Open L0700-NC-WATER
L0700-NC-AIR
L0700-NC-AIR
Open L0700-NC-AIR
L0700-NC-CLIMATE
L0700-NC-CLIMATE
Open L0700-NC-CLIMATE
L0700-NC-CLIMATE-historic-timeline
L0700-NC-CLIMATE-historic-timeline
Open L0700-NC-CLIMATE-historic-timeline
L0700-NC-NATURES-LIVING-SYSTEMS
L0700-NC-NATURES-LIVING-SYSTEMS
Open L0700-NC-NATURES-LIVING-SYSTEMS
L0700-NC-ECOSYSTEM-SERVICES
L0700-NC-ECOSYSTEM-SERVICES
Open L0700-NC-ECOSYSTEM-SERVICES
L0700-NC-MINERALS
L0700-NC-MINERALS
Open L0700-NC-MINERALS
L0700-NC-FOSSIL-FUELS
L0700-NC-FOSSIL-FUELS
Open L0700-NC-FOSSIL-FUELS
L0700-NC-Australia
L0700-NC-Australia ... about Environmental Accounting for the Nation of Australia
Australia has been at the forefront of national level statistics and government financial management for several decades ... and it comes at no surprise that they are doing significant work in the area of environmental accounting. I am struck by the high environmental value that is placed on energy resources, which I believe is a result of valuing resources using money as a single composite unit of account. Timber has virtually no value, while fossil based energy resources have a very high valuation.
Open L0700-NC-Australia

Air Open L0700-CS-NC-AIR
Biodiversity-Fauna Open L0700-CS-NC-BIODIVERSITY-FAUNA
Biodiversity - Flora Open L0700-CS-NC-BIODIVERSITY-FLORA
Climate Open L0700-CS-NC-CLIMATE
Ecosystem Services Open L0700-CS-NC-ECOSYSTEM-SERVICES
Fossil Fuels Open L0700-CS-NC-FOSSIL-FUELS
Forest Resources Open L0700-CS-NC-FOREST-RESOURCES
Mineral Resources Open L0700-CS-NC-MINERAL-RESOURCES
Greenhouse Gases (GHGs) Open L0700-CS-NC-GHGs
Governance Open L0700-CS-NC-GOVERNANCE
Land Open L0700-CS-NC-LAND
Waste Open L0700-CS-NC-WASTE
Fresh Water Open L0700-CS-NC-FRESH-WATER
Ocean Water Open L0700-CS-NC-OCEAN-WATER
ECONOMIC-CAPITAL Open L070-CS-EC-ECONOMIC-CAPITAL
(4) Physical Capital Open L0700-CS-PC-PHYSICAL-CAPITAL
Physical Capital / Buildings Open L0700-CS-PC-Buildings
Physical Capital / Infrastructure Open L0700-CS-PC-Infrastructure
Physical Capital / Processes Open L0700-CS-PC-Processes
Physical Capital / Products Open L0700-CS-PC-Products
Physical Capital / Working-Capital Open L0700-CS-PC-Working-Capital
(5) Financial Capital Open L0700-CS-FC-FINANCIAL-CAPITAL
(6) Knowledge Capital Open L0700-CS-KC-KNOWLEDGE-CAPITAL
(7) Institutional Capital Open L0700-CS-IC-INSTITUTIONAL-CAPITAL
(8) Cultural Capital Open L0700-CS-CC-CULTURAL-CAPITAL
(9) Locational Capital Open L0700-CS-LC-LOCATIONAL-CAPITAL

Accountability for ALL the ACTORS GO TOP
About the ACTORS
Accounting to hold ACTORS accountable
Open L070-RE-REPORTING-ENTITIES

Units of Account GO TOP
Units of Account
Measurements have to be more than mere monetization using markets
Open L070-UA-UNITS-OF-ACCOUNT

Standard Value Profiles for PRODUCTS GO TOP
Standard Value Profile for PRODUCTS
Measurement has to be more than mere monetization using markets
Open L070-SV-STANDARD-VALUE-PROFILE

True Value Coin System GO TOP

True Value Coin System
Doing for Society and the Environment what conventional money does for the Economy
Open L070-TVC-TRUE-VALUE-COIN
NAVIGATE BACK TO THE HOME PAGE GO HOME
ABOUT TVIA NAVIGATION IN PAGE SITE NAVIGATION
CORE CONCEPTS GO #TVIA-CC Open L070-CC-CORE-CONCEPTS
SOCIO-ENVIRO-ECONOMIC SYSTEM GO TVIA#SEES Open L07-SEES
ANALYTICAL FRAMING GO TVIA#AF
METRICS GO TVIA#METRICS Open L07-METRICS
CAPITALS Open L0700-CC-CAPITALS
TVIA - REPORTING ENTITIES GO TVIA#RE Open L070-RE-REPORTING-ENTITIES
TVIA - SECTORS / INDUSTRIES GO TVIA#SI Open L070-SI-SECTORS-INDUSTRIES
TVIA - STREAMS / STRANDS / STRINGS GO TVIA#SS Open L070-SS-STREAMS-STRANDS-STRINGS
SEES PROGRESS AND PERFORMANCE GO TVIA#SPP
TVIA / BURGESS / DIALOG GO TVIA / BURGESS / DIALOG
L07-TVIA-extra-text GO L07-TVIA-extra-text

BETTER METRICS
TRUE VALUE IMPACT ACCOUNTING
GO TOP
Quality of Life / Natural Capital / Financial Capital / Physical Capital / Industrial Detritus
OVERVIEW - TVIA
ACCOUNTABILITY FOR EVERYTHING USING DOUBLE ENTRY ACCOUNTING FOR EVERYTHING
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.
Open L070-OVERVIEW-ISSUES-1

INTERESTING IDEAS
IDEAS ABOUT WAYS TO ACHIEVE AND/OR DESCRIBE A BETTER WORLD
GO TOP

Many thoughtful people have tried to describe the operation of the global socio-enviro-economic system using a variety of metaphors and many different diagrams.
A large number of these diagrams have some sort of circularity which reflects some of the reality of the systems.
Many of the diagrams are about either STATE or FLOW but most do not have both of them together
Vert few of the diagrams make it easy to measure progress and performance of the system
Open L070-II-INTERESTING-IDEAS
L0700-II-BASIC-INCOME
Open L0700-II-BASIC-INCOME
L0700-II-BLOCKCHAIN
Open L0700-II-BLOCKCHAIN
L0700-II-CAPITAL-IS-STATE
Open L0700-II-CAPITAL-IS-STATE
L0700-II-CIRCULAR-ECONOMY
Open L0700-II-CIRCULAR-ECONOMY
L0700-II-Circular-Economy-Alexandre-Lemille
Open L0700-II-Circular-Economy-Alexandre-Lemille
L0700-II-Circular-Economy-Textiles-Reuse
Open L0700-II-Circular-Economy-Textiles-Reuse
L0700-II-CROWDFUNDING
Open L0700-II-CROWDFUNDING
L0700-II-DOUGHNUT-ECONOMICS
Open L0700-II-DOUGHNUT-ECONOMICS
L0700-II-ECOSYSTEM-SERVICES
Open L0700-II-ECOSYSTEM-SERVICES
L0700-II-EPandL
Open L0700-II-EPandL
L0700-II-ESG-Environmental-Social-Governance
Open L0700-II-ESG-Environmental-Social-Governance
L0700-II-FAITH
Open L0700-II-FAITH
L0700-II-ICO
Open L0700-II-ICO
L0700-II-IDEA-OF-VALUE
Open L0700-II-IDEA-OF-VALUE
L0700-II-LIFE-CYCLE-ANALYSIS
Open L0700-II-LIFE-CYCLE-ANALYSIS
L0700-II-MuSIASEM
Open L0700-II-MuSIASEM
L0700-II-NO-GROWTH-PROSPERITY
Open L0700-II-NO-GROWTH-PROSPERITY
L0700-II-PLANETARY-BOUNDARIES
Open L0700-II-PLANETARY-BOUNDARIES
L0700-II-PLATFORM-COOPERATIVISM
Open L0700-II-PLATFORM-COOPERATIVISM
L0700-II-RESILIENCE
Open L0700-II-RESILIENCE
L0700-II-SOCIAL-BUSINESS
Open L0700-II-SOCIAL-BUSINESS
L0700-II-SPIRAL-DYNAMICS
Open L0700-II-SPIRAL-DYNAMICS
L0700-II-STANDARD-VALUE-PROFILES
Open L0700-II-STANDARD-VALUE-PROFILES
L0700-II-STEADY-STATE-ECONOMY
Open L0700-II-STEADY-STATE-ECONOMY
L0700-II-SUFFICIENCY-ECONOMY
Open L0700-II-SUFFICIENCY-ECONOMY
L0700-II-SUSTAINABILITY
Open L0700-II-SUSTAINABILITY
L0700-II-SUSTAINABLE-FINANCE
Open L0700-II-SUSTAINABLE-FINANCE
L0700-II-THEORY-U
Open L0700-II-THEORY-U
L0700-II-TRIPLE-BOTTOM-LINE
Open L0700-II-TRIPLE-BOTTOM-LINE
L0700-II-UNITS-OF-ACCOUNT
Open L0700-II-UNITS-OF-ACCOUNT
L0700-II-UNSUSTAINABILITY
Open L0700-II-UNSUSTAINABILITY
L0700-II-WASTONOMICS
Open L0700-II-WASTONOMICS


Accounting for ALL the SOCIO-ENVIRO-ECONOMIC SYSTEM GO TOP

Accounting for the 3 main segments of CAPITAL GO TOP

METRICS
CRITICAL AREAS OF MEASUREMENT / METRICS FOR EVERYTHING
GO TOP
METRICS / CRITICAL AREAS OF MEASUREMENT
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.
Open L07-MEASURES
MONEY-CURRENCY
L0M00-MONEY-CURRENCY
Open L0M00-MONEY-CURRENCY
METRICS-CARBON-ACCOUNTING
L0M00-CARBON-ACCOUNTING
Open L0M00-CARBON-ACCOUNTING
METRICS-ENVIRONMENTAL-ACCOUNTING
L0M00-ENVIRONMENTAL-ACCOUNTING
Open L0M00-ENVIRONMENTAL-ACCOUNTING
METRICS-SUSTAINABILITY-ACCOUNTING
L0M00-SUSTAINABILITY-ACCOUNTING
Open L0M00-SUSTAINABILITY-ACCOUNTING
METRICS-ECONOMIC-PERFORMANCE
L0M00-ECONOMIC-PERFORMANCE
... GDP
... GPI
Open L0M00-ECONOMIC-PERFORMANCE
METRICS-FINANCIAL
L0M00-FINANCIAL
Open L0M00-FINANCIAL
METRICS-MANAGEMENT
L0M00-MANAGEMENT
Open L0M00-MANAGEMENT
METRICS-MDGs
L0M00-MDGs
Open L0M00-MDGs
METRICS-SDGs
L0M00-SDGs
Open L0M00-SDGs
METRICS-NATIONAL
L0M00-NATIONAL
Open L0M00-NATIONAL
METRICS-UNITED-NATIONS
L0M00-UNITED-NATIONS
Open L0M00-UNITED-NATIONS

SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
A whole system that is complex
GO TOP
SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
L070-SEES
Open L070-SEES
L070-SEES-ISSUES
L070-SEES-ISSUES
Open L070-SEES-ISSUES

SEES ... PROGRESS AND PERFORMANCE TRENDS
Winners for some does not mean winners for all ... complex system delivers unpredictable outcomes
GO TOP
L070-SEES-PP-ECONOMY
L070-SEES-PP-ECONOMY
Open L070-SEES-PP-ECONOMY
L070-SEES-PP-ENVIRONMENT
L070-SEES-PP-ENVIRONMENT
Open L070-SEES-PP-ENVIRONMENT
L070-SEES-PP-FINANCIAL-ECONOMY
L070-SEES-PP-FINANCIAL-ECONOMY
Open L070-SEES-PP-FINANCIAL-ECONOMY
L070-SEES-PP-SOCIETY
L070-SEES-PP-SOCIETY
Open L070-SEES-PP-SOCIETY

CORE CONCEPTS
TVM USES ACCOUNTANCY CONCEPTS FOR EVERYTHING
ALL the CAPITALS ... ALL the ACTIVITIES ... ALL the ACTORS
GO TOP
CORE-CONCEPTS
L0700-CC-CORE-CONCEPTS
The core concepts used in True Value Accounting (TVA) / Multi-Dimension Impact Accounting (MDIA) are derived from the core concepts of conventional double entry accounting that has proved powerful and have stood the test of time. They have changed little over hundreds of years, since written about by Pacioli in 1494 and based on documentary evidence, in use already for more than 200 years!
Open L070-CC-CORE-CONCEPTS
L0700-CC-Accounting-Principles-Rules
L0700-CC-Accounting-Principles-Rules
Open L0700-CC-Accounting-Principles-Rules
L0700-CC-BALANCE-SHEET
L0700-CC-BALANCE-SHEET
Open L0700-CC-BALANCE-SHEET
L0700-CC-CAPITALS
L0700-CC-CAPITALS
Open L0700-CC-CAPITALS
L0700-CC-CONTINUOUS-IMPROVEMENT
L0700-CC-CONTINUOUS-IMPROVEMENT
Open L0700-CC-CONTINUOUS-IMPROVEMENT
L0700-CC-COST-MNGT-ACCOUNTING
L0700-CC-COST-MNGT-ACCOUNTING
Open L0700-CC-COST-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-Double-Entry
L0700-CC-Double-Entry
Open L0700-CC-Double-Entry
L0700-CC-FEEDBACK
L0700-CC-FEEDBACK
Open L0700-CC-FEEDBACK
L0700-CC-FLOW-PROCESS-CHANGEinSTATE
L0700-CC-FLOW-PROCESS-CHANGEinSTATE
Open L0700-CC-FLOW-PROCESS-CHANGEinSTATE
L0700-CC-KPI
L0700-CC-KPI
Open L0700-CC-KPI
L0700-CC-MONEY-ACTG-TO-VALUE-ACTG
L0700-CC-MONEY-ACTG-TO-VALUE-ACTG
Open L0700-CC-MONEY-ACTG-TO-VALUE-ACTG
L0700-CC-PERSPECTIVES
L0700-CC-PERSPECTIVES
Open L0700-CC-PERSPECTIVES
L0700-CC-PROCESSES
L0700-CC-PROCESSES
Open L0700-CC-PROCESSES
L0700-CC-PRODUCTS
L0700-CC-PRODUCTS
Open L0700-CC-PRODUCTS
L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-PROFIT-AND-LOSS-ACCOUNT
Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-PROGRESS-PERFORMANCE
L0700-CC-PROGRESS-PERFORMANCE
Open L0700-CC-PROGRESS-PERFORMANCE
L0700-CC-Quantification
L0700-CC-Quantification
Open L0700-CC-QUANTIFICATION
L0700-CC-Shadow-Pricing
L0700-CC-Shadow-Pricing
Open L0700-CC-Shadow-Pricing
L0700-CC-TEST
L0700-CC-TEST
Open L0700-CC-TEST
L0700-CC-UNITS-OF-ACCOUNT
L0700-CC-UNITS-OF-ACCOUNT
Open L0700-CC-UNITS-OF-ACCOUNT
L0700-CC-CONVENTIONAL-ACCOUNTANCY
L0700-CC-CONVENTIONAL-ACCOUNTANCY
Open L0700-CC-CONVENTIONAL-ACCOUNTANCY
L0700-CC-COST-ACCOUNTING
L0700-CC-COST-ACCOUNTING
Open L0700-CC-COST-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-OPERATIONS-PandL-ACCOUNT
L0700-CC-OPERATIONS-PandL-ACCOUNT
Open L0700-CC-OPERATIONS-PandL-ACCOUNT
L0700-CC-PROCESS
L0700-CC-PROCESS
Open L0700-CC-PROCESS
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-STATE-BALANCE-SHEET
L0700-CC-STATE-BALANCE-SHEET
Open L0700-CC-STATE-BALANCE-SHEET
L0700-CC-UNITS-OF-ACCOUNT
L0700-CC-UNITS-OF-ACCOUNT
Open L0700-CC-UNITS-OF-ACCOUNT
L0700-TVA-FLOW-PROCESS-CHANGEinSTATE
L0700-TVA-FLOW-PROCESS-CHANGEinSTATE
Open L0700-TVA-FLOW-PROCESS-CHANGEinSTATE
L0700-TVA-KEY PERFORMANCE INDICATORS (KPI)
L0700-TVA-KPI
Open L0700-TVA-KPI
L0700-TVA-MONEY-ACTG-TO-VALUE-ACTG
L0700-TVA-MONEY-ACTG-TO-VALUE-ACTG
Open L0700-TVA-MONEY-ACTG-TO-VALUE-ACTG
L0700-TVA-PERSPECTIVES
L0700-TVA-PERSPECTIVES
Open L0700-TVA-PERSPECTIVES
L0700-TVA-STANDARD-VALUE-PROFILES
L0700-TVA-STANDARD-VALUE-PROFILES
Open L0700-TVA-STANDARD-VALUE-PROFILES
L0700-TVA-TEST
L0700-TVA-TEST
Open L0700-TVA-TEST

How Double Entry Accounting Works
Meaningful metrics needs to have clairity between STATE and FLOWS
Open L0700-TVM-how-double-entry-works

HUMAN CAPITAL / PEOPLE / QUALITY OF LIFE (PQL)
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE ... FOR EVERYONE
GO TOP
The Value of Life / The Value of Contribution / The Cost of Living
L0700-HC-HUMAN-CAPITAL
L0700-HC-HUMAN-CAPITAL
Open L0700-HC-HUMAN-CAPITAL
L0700-QL-EDUCATION
L0700-QL-EDUCATION
Open L0700-QL-EDUCATION
L0700-QL-ENERGY
L0700-QL-ENERGY
Open L0700-QL-ENERGY
L0700-QL-FOOD
L0700-QL-FOOD
Open L0700-QL-FOOD
L0700-QL-FOOD-NUTRIENT-CALORIE-DENSITY
L0700-QL-FOOD-NUTRIENT-CALORIE-DENSITY
Open L0700-QL-FOOD-NUTRIENT-CALORIE-DENSITY
L0700-QL-HEALTH
L0700-QL-HEALTH
Open L0700-QL-HEALTH
L0700-QL-HEALTH-MALARIA
L0700-QL-HEALTH-MALARIA
Open L0700-QL-HEALTH-MALARIA
L0700-QL-INCOME-jobs-employment
L0700-QL-INCOME-jobs-employment
Open L0700-QL-INCOME-jobs-employment
L0700-QL-INCOME-JOBS-EMPLOYMENT-temp
L0700-QL-INCOME-JOBS-EMPLOYMENT-temp
Open [L0700-QL-INCOME-JOBS-EMPLOYMENT-temp]
L0700-QL-INCOME-WEALTH
L0700-QL-INCOME-WEALTH
Open L0700-QL-INCOME-WEALTH
L0700-QL-KNOWLEDGE
L0700-QL-KNOWLEDGE
Open L0700-QL-KNOWLEDGE
L0700-QL-PEOPLE-HUMAN-CAPITAL
L0700-QL-PEOPLE-HUMAN-CAPITAL
L0700-QL-PEOPLE-QUALITY-OF-LIFE
L0700-QL-PEOPLE-QUALITY-OF-LIFE
Open L0700-QL-PEOPLE-QUALITY-OF-LIFE
L0700-QL-QUALITY-OF-LIFE
L0700-QL-QUALITY-OF-LIFE
L0700-QL-WATER
L0700-QL-WATER
Open L0700-QL-WATER

SOCIAL AND RELATIONSHIP CAPITAL
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE ... FOR EVERYONE
GO TOP
L0700-SC-SOCIAL-RELATIONSHIP-CAPITAL
L0700-SC-SOCIAL-RELATIONSHIP-CAPITAL
Open L0700-SC-SOCIAL-RELATIONSHIP-CAPITAL

CREATED FINANCIAL CAPITAL
A COMPONENT OF CREATED CAPITAL / PEOPLE BUILT SYSTEMS AND STRUCTURES (PBSS)
FINANCIAL WEALTH IS THE DOMINANT MEASURE OF CORPORATE AND PERSONAL SUCCESS ... GIVING QUESTIONABLE OUTCOMES
GO TOP
GDP / Corporate Profits / Stock Markets are insufficient
FINANCIAL CAPITAL
L0700-CFC-CREATED-FINANCIAL-CAPITAL
Open L0700-CFC-CREATED-FINANCIAL-CAPITAL
METRICS - FINANCIAL
L070-METRICS-FINANCIAL
Open L070-METRICS-FINANCIAL
MONEY / CURRENCY
Open L070-CURRENCY
PERSONAL WEALTH
CORPORATE VALUE
FINANCIAL TRANSACTIONS
CAPITAL MARKETS
BANKING AND FINANCIAL SECTOR SYSTEMS
Commercial Banks
Investment Banks
Central Banks
Development Banks
SWIFT
Banking regulation
FINANCIAL PERFORMANCE / GDP
Every organization measures financial performance in most cases using conventoional money profit double entry accountancy. The systems are ubiquitous and very effective. But while financial performance has improved signifiantly over the past sixty years, the impact on 'externalities' has become dangerously unsustainable
Open L070-SEES-PP-FINANCIAL-ECONOMY
ECONOMIC PERFORMANCE / GDP
GDP is a measure that sends all the wrong signals about economic performance in any mature economy ... though there is a strong correlation between GDP and quality of life in poor developing economies. After the 1970s GDP has proved to be a bad proxy for quality of life in rich mature economies like the United States and Canada, many countries in Europe and Japan.
Open L0700-SEES-PP-ECONOMY

CREATED PHYSICAL CAPITAL
FOR AROUND 200 YEARS MASSIVE PROGRESS IN SCIENTIFIC KNOWLEDGE AND TECHNOLOGY HAS BECOME A CRITICAL ENABLER OF PRODUCTIVITY
GO TOP
Roads and bridges / Rail / Electricity / Water systems / Ports Corporate Profits / Stock Markets
L0700-CPC-PHYSICAL-CAPITAL
L0700-CPC-PHYSICAL-CAPITAL
Open L0700-CPC-CREATED-PHYSICAL-CAPITAL
INFRASTRUCTURE
L0700-CPC-INFRASTRUCTURE
Open L0700-CPC-INFRASTRUCTURE
BUILDINGS
ROADS AND BRIDGES
RAIL
WATER AND SEWER
ENERGY
COMMUNICATIONS
SEAPORTS
AIRPORTS
VEHICLES
Vehicles have made mobility of people and product possible, and enabled globalization
L0700-CPC-PROCESSES
L0700-CPC-PROCESSES
PRODUCTION / PROCESS / PLANT AND EQUIPMENT
Production and process efficiency must be one of the key drivers of sustainable progress
Open L0700-CPC-PROCESSES
L0700-CPC-PRODUCTS
L0700-CPC-PRODUCTS
PRODUCTS - Goods and services that are needed to support QUALITY OF LIFE
Open L0700-CPC-PRODUCTS

CREATED INTANGIBLE CAPITAL
INTANGIBLE CAPITAL HAS BECOME A KEY DRIVER OF INCREASED MONEY WEALTH OVER THE PAST FIFTY YEARS ... BUT NOT WELL UNDERSTOOD
GO TOP
Knowledge / Government / Rule of Law / Ethics / Culture / Security Good people / Thinkers / Possibiities
L0700-CIC-CREATED-INTANGIBLE-CAPITAL
L0700-CIC-CREATED-INTANGIBLE-CAPITAL
Open L0700-CIC-CREATED-INTANGIBLE-CAPITAL
(8) CREATED INTANGIBLE CAPITAL
GETTING BIGGER AND MORE IMPORTANT ... BUT NOT IN EVERY WAY!
KEY DRIVER OF A BETTER WORLD ... but not always in ways that are beneficial to society as a whole, nor to the efficient functioning of the socio-enviro-economic system. Some parts of intangible capital are of real value to society, and some are constructs that make wealth seem to be much bigger than it really is. Intangible capital may be related to financial capital, but it may also be the driver of progess towards a better quality of life.
FINANCIAL CAPITAL ... INTANGIBLES / GOODWILL
REPUTATIONAL CAPITAL ... BRAND / TRUST
KNOWLEDGE CAPITAL ... SCIENTIFIC / TECHNICAL / SOCIETAL
ORGANIZATION
L070-ORGANIZATION
Open L070-ORGANIZATION
Knowledge-Capital
Knowledge-Capital
L0700-PBS-IC-Technology
Research and development results in knowledge, and know-how and intellectual property (IP) all of which has a cost, but also has a potential to contribute to better performance in the future.
Most of the R&D investment has gone towards building knowledge that will enable investors to make more profit, much less has gone to making the world a better place by improving society and improving the burden on the environment.
In one very big way technology has enabled improvements in productivity. To the extent that improvements in productivity make it possible to make the products we need to support our quality of life using less people, productivity means that there will be less employment and lower wages. In the past when there was a shortage of labor, more productivity reaulted in a better standard of living, but in richer mature societies more productivity gives additional opportunity for companies to make their products with less workers and lower payroll.
L0700-PBS-IC-INTANGIBLE-CAPITAL
L0700-PBS-IC-INTANGIBLE-CAPITAL
Open L0700-PBS-IC-INTANGIBLE-CAPITAL
L0700-PBS-IC-Financial-Goodwill
L0700-PBS-IC-Financial-Goodwill
Open L0700-PBS-IC-Financial-Goodwill
L0700-PBS-IC-Government
L0700-PBS-IC-Government
Open L0700-PBS-IC-Government
Knowledge-Capital
Knowledge-Capital
Open L0700-PBS-IC-Knowledge-Capital
L0700-PBS-IC-Institutional-Capital
L0700-PBS-IC-Institutional-Capital
Open L0700-PBS-IC-Institutional-Capital
L0700-PBS-IC-Technology
Open L0700-PBS-IC-Technology
FINANCIAL INTANGIBLES / GOODWILL
... GOODWILL
KNOWLEDGE ... SCIENTIFIC / TECHNICAL / SOCIETAL
... INTELLECTUAL PROPERTY that enables private profit
... OPEN KNOWLEDGE that enables society to progress
... EDUCATION of the populace
... IGNORANCE AND MISINFORMATION
ENABLING ENVIRONMENT ... many different things that are ALL needed in order for the system to function effectively
GOVERNMENT / GOVERNANCE
... RULE OF LAW
... NATIONAL / STATE / LOCAL GOVERNANCE
SECURITY
... POLICE, COURTS, PRISONS
... MILITARY
... COVERT INTELLIGENCE APPARATUS
INSTITUTIONAL STRUCTURES
... BUSINESS ORGANIZATIONS
... NOT FOR PROFITS / CHARITIES
... RELIGIOUS ORGANIZATIONS
CULTURE / ARTS / RELIGION / RECREATION

IMPACT ACCOUNTING GO TOP
IMPACT ACCOUNTING
A lot of talk about impact and impact accounting ... but rather less about how it is to be done, and what numbers to use.
Open L0700-TVM-IMPACT-ACCOUNTING
IMPACT-INVESTMENT-ANALYSIS
A lot of talk about impact and impact accounting ... but rather less about how it is to be done, and what numbers to use.
Open L0700-MA-IMPACT-INVESTMENT-ANALYSIS

REPORTING ENTITIES GO TOP
Organizations / People / Places / Products / Processes / Stream
L0700-RE-ORGANIZATIONS
L0700-RE-ORGANIZATIONS
Open L0700-RE-ORGANIZATIONS
L0700-RE-PEOPLE
L0700-RE-PEOPLE
Open L0700-RE-PEOPLE
L0700-PQL-PEOPLE-QUALITY-OF-LIFE
L0700-PQL-PEOPLE-QUALITY-OF-LIFE
Open L0700-PQL-PEOPLE-QUALITY-OF-LIFE
L0700-RE-PLACES
L0700-RE-PLACES
Open L0700-RE-PLACES
L0700-RE-PRODUCTS
L0700-RE-PRODUCTS
Open L0700-RE-PRODUCTS
L0700-RE-PROCESSES
L0700-RE-PROCESSES
Open L0700-RE-PROCESSES

STREAMS / STRANDS / STRINGS GO TOP
Agriculture / Infrastructure / Power / Water / Ports
L0700-SS-FOOD
L0700-SS-FOOD
Open L0700-SS-FOOD
L0700-SS-ENERGY
L0700-SS-ENERGY
Open L0700-SS-ENERGY
L0700-SS-CLIMATE-CHANGE-GHG
L0700-SS-CLIMATE-CHANGE-GHG
Open L0700-SS-CLIMATE-CHANGE-GHG
L0700-SS-WATER
L0700-SS-WATER
Open L0700-SS-WATER
L0700-SS-LIFESTYLE
L0700-SS-LIFESTYLE
Open L0700-SS-LIFESTYLE
L0700-SS-TOXINS
L0700-SS-TOXINS
Open L0700-SS-TOXINS
L0700-SS-TAXATION
L0700-SS-TAXATION
Open L0700-SS-TAXATION

SECTORS / INDUSTRIES GO TOP
Agriculture / Infrastructure / Power / Water / Ports
L0700-SI-SECTORS-INDUSTRIES
L0700-SI-SECTORS-INDUSTRIES
Open L0700-SI-SECTORS-INDUSTRIES
AGRICULTURE
L0700-SI-AGRICULTURE
Open L0700-SI-AGRICULTURE
BANKING-FINANCIAL-SERVICES
L0700-SI-BANKING-FINANCIAL-SERVICES
Open L0700-SI-BANKING-FINANCIAL-SERVICES
EDUCATION
L0700-SI-EDUCATION
Open L0700-SI-EDUCATION
L0700-SI-ENERGY
L0700-SI-ENERGY
Open L0700-SI-ENERGY
L0700-SI-FISHERIES
L0700-SI-FISHERIES
Open L0700-SI-FISHERIES
GOVERNMENT / PUBLIC SECTOR
L0700-SI-GOVERNMENT-PUBLIC-SECTOR
Open L0700-SI-GOVERNMENT-PUBLIC-SECTOR
HEALTH
L0700-SI-HEALTH
Open L0700-SI-HEALTH
INVESTMENT
L0700-SI-INVESTMENT
Open L0700-SI-INVESTMENT
L0700-SI-LOGISTICS
L0700-SI-LOGISTICS
Open L0700-SI-LOGISTICS
L0700-SI-MEDIA
L0700-SI-MEDIA
Open L0700-SI-MEDIA
L0700-SI-MILITARY-INDUSTRY-COMPLEX
L0700-SI-MILITARY-INDUSTRY-COMPLEX
Open L0700-SI-MILITARY-INDUSTRY-COMPLEX
L0700-SI-POLICE
L0700-SI-POLICE
Open L0700-SI-POLICE
L0700-SI-POLITICS
L0700-SI-POLITICS
Open L0700-SI-POLITICS
L0700-SI-PROFESSIONS
L0700-SI-PROFESSIONS
Open L0700-SI-PROFESSIONS
L0700-SI-Pulp-Paper
L0700-SI-Pulp-Paper
Open L0700-SI-Pulp-Paper
L0700-SI-Iron-and-Steel
L0700-SI-Iron-and-Steel
Open L0700-SI-Iron-and-Steel
L0700-SI-Shipping
L0700-SI-Shipping
Open L0700-SI-Shipping
L0700-SI-TRANSPORT
L0700-SS-TRANSPORT
Open L0700-SI-TRANSPORT
L0700-SI-TRANSPORT-AIRCRAFT
L0700-SI-TRANSPORT-AIRCRAFT
Open L0700-SI-TRANSPORT-AIRCRAFT
L0700-SI-WASTE
L0700-SI-WASTE
Open L0700-SI-WASTE
L0700-SI-WATER-SEWER
L0700-SI-WATER-SEWER
Open L0700-SI-WATER-SEWER

TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative.
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