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Meaningful Metrics for a Smart Society
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CONTEXT
ISSUES
POSSIBILITIES
HOW THE
WORLD
WORKS
ACTIVITIES
SECTORS
STREAMS
STATE
ALL THE
CAPITALS
ACTORS
PEOPLE
ORGANIZATIONS
PRODUCTS
STUFF
CONSUMPTION
PLACE
COMMUNITIES
COUNTRIES
PEOPLE
QUALITY
OF LIFE
NATURE
SOURCE of
all VALUE
ECONOMY
MONEY
LIQUIDITY
MANAGEMENT
DATA at
the CENTER
TVM
METRICS
ABOUT
Date: 2018-10-15 Page is: DBtxt001.php L07-ndx003


AN ALTERNATIVE NAVIGATION
CONTEXT / SYSTEM / METRICS / TEAM
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TO DO: Update the images better to reflect the content of the page
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(I) CONTEXT
Go InPage I
(II) SYSTEM
Go InPage II
(III) METRICS
Go InPage III
(IV) TEAM
Go InPage IV
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Thousands of Issues
(I) CONTEXT
CTX

PROGRESS / PERFORMANCE More
SOCIETY ... Human Capital More
ENVIRONMENT ... Natural Capital More
ECONOMY ... Created Captal More
ISSUES Thousands of Issues! more
By Issue in Alpha sequence Alpha
By Issue in Chronological Sequence Chrono
By Subject Area (Cluster) Cluster
.
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
.
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
(PE)
Socio-Enviro-Economic System
(II) SYSTEM
SEES

CAPITALS / STATE
ALL THE CAPITALS
CS
SOCIAL CAPITAL
(SC)
(1) Human Capital
... The individual
... Their potential to contribute / their cost of living
(HC-1)
(2) Relationship Capital
... The family
... The community / Society
(RC-2)
NATURAL CAPITAL
(S-NC)
(3) Natural Capital (NC)
... Land / EcoSystem Services
... Minerals / Fossil Fuels
... Water / Air / Elements
... Climate / Livable Environment
(NC-3)
ECONOMIC CAPITAL
(EC)
(4) Physical Capital (PC)
... Buildings. Vehicles, Plant, Equipment
... Infrastructure
(PC-4)
(5) Financial Capital (FC)
... Money
... Securities
(FC-5)
(6) Knowledge Capital (KC)
... Knowledge
... Science / Technology
(KC-6)
(7) Institutional Capital (IC)
... Government
... Rule of Law
... Organizations
(IC-7)
(8) Cultural Capital (CC)
... Arts / Music / Dance
... Religion / Tradition
(CS-8)
(9) Locational Capital (LC)
... Arts / Music / Dance
... Religion / Tradition
(LC-9)
.
PROCESS / FLOW
ALL THE ACTIVITIES
FLOW
ACTORS (IE)
Implementing Entities
InPage
(IE)
EXCHANGE / TRADE (XT)
Source of vital value add
Facilitated by money
(XT)
MARKETS (MK)
Source of vital value add
Facilitated by money
(MK)
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)
PLACE
PLACE where EVERYTHING happens ...
Where all the SECTORS come together
(PL)
.
EXCHANGE / TRADE (XT)
MEDIUM OF EXCHANGE / TRANSACTIONS
more
MONEY ... Medium of Exchange more
CONVENTIONAL MODERN MONEY
Bad measure / Bad store of value
more
ALTERNATIVE CURRENCIES
Regional Currencies / LETS / etc
more
CRYPTOCURRENCIES
Blockchain / Distributed Ledger
more
VALUE BASED CRYPTOCURRENCIES
New Value Based Coins / Tokens
more
TRANSACTIONS ... What best to buy more
POINT OF SALE
Key to comprehensive accountability
ADVERTISING
All about selling stuff / misinformation
more
.
ACTORS
IMPLEMENTING ENTITIES
more
(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)
You Manage what you Measure
(III) METRICS
More

CONVENTIONAL METRICS
Financial Accounting
Very powerful for optimizing profit
Very limited for everything else
CFA
Management Accounting
Very weak data foundation
IMP
Economic Analysis
Misses too much that has critical importance
ECON
Investment Analysis
Focus on short term
Focus on profit
INV
Impact Investment
Very weak data foundation
IMP
.
BETTER METRICS
TRUE VALUE IMPACT ACCOUNTING
TVIA
.
Core Concepts
Critical Principles
CC


(1) DOUBLE ENTRY
(1)
(2) BALANCE SHEET ACCOUNTS
(2)
(3) PROFIT AND LOSS ACCOUNTS
(3)
(4) COST, PRICE AND VALUE
(4)
(5) FLOW, PROCESS, CHANGE in STATE
(5
(6) REPORTING ENTITY
(6)
(7) MANAGEMENT ACCOUNTING
(7)
(8) PROGRESS AND PERFORMANCE
(8)

Multiple Entities / Common Framework
for Analysis, Management and Reporting
RE
(1) FOR PROFIT PRIVATE ENTERPRISE
(2) NOT FOR PROFIT / NGOs
(3) COOPERATIVE / MUTUAL ORGANIZATIONS
(4) STATE ENTERPRISE
(5) GOVERNMENTS
(6) PUBLIC PRIVATE PARTNERSHIPS
(7) PORTFOLIOS / WEALTH FUNDS
(8) PLACES
(9) PROCESSES
(10) STREAMS
(11) PRODUCTS
(12) PEOPLE
(13) SOCIETY / COMMUNITY

Multiple Perspectives / Same Data
Requires compromise, negotiation
PS
(1) BUSINESS ORGANIZATION
Profit -v- CSR -v- Environment
(1) EMPLOYEE / EMPLOYER
Payroll Down / Profit Up
(1) CHILD / PARENT / GRANDPARENT
Stages of life are important
(1) INVESTOR
Profit -v- ESG
(1) PRODUCT
Profit -v- Cost -v- Impact
(1) PLACE
Low tax -v- Enough tax -v- Services / QoL
.
EMERGING NEW IDEAS
NEW TWISTS ON EXISTING CONCEPTS

Multiple Units of Account UA
Quantification
Numbering not monetization
Multiple Units of Account
Independent measures for different components of the system
Money for economic activity & financial capital
A value unit for social capital
A value unit for natural capital
UA

Standard Value Profile (SVP) SVP
Standard Value Profile (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



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