image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
image missing Navigation ... HOME
SITE
NAV
CONTEXT
ISSUES
POSSIBILITIES
HOW THE
WORLD
WORKS
SECTOR
PROCESS
IMPACT
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
TRUEVALUE
DATA at
the CENTER
ABOUT
VISION
STRATEGY

HOME ISSUES
CONTEXT
GLOBAL
SYSTEM
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
PROGRESS
PERFORMANCE
POLICY
POSSIBILITIES
MANAGEMENT
TVM CONCEPTS
PETER
BURGESS
SiteNav SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8) SitNav (9)
Date: 2019-05-21 Page is: DBtxt001.php L0700-PL-DIAGRAMS
PLACE
DIAGRAMS
A PICTURE IS WORTH A THOUSAND WORDS

The Challenge of Management
Scientists and the academic community have a good understanding of how a variety of systems work at the technical level, but in my experience, they have much less understanding of how people need to be engaged to change the systems in the best possible way. The way things are, there is a lot of talk and discussion and research, but rather little that actually moves the needle to make things better.This is what TVM aims to do.
The Past
In the past, when the HUMAN ACTIVITIES (Human System) were small compared to the NATURAL WORLD (Earth System), analysis could reasonably ignore interactions between the two ... and this is what happened until quite recently.
TVM as a Management Tool
TVM builds on the old and well-tried framework of management accounting that has been very powerful for the management of profit performance, expanding it so that it incorporates all activities and all capitals. The core framework of accountancy ... that is balance sheet accounts and profit and loss accounts that together make up a complete accounting system for money transactions ... is very clear about activity and result, or cause and effect ... and is very similar to the ideas decribed in the above diagram.




'https://academic.oup.com/nsr/article/3/4/470/2669331' Open external link
'http://truevaluemetics.org/DBpdfs/Nature/EarthSystem/EarthSystem-nww081.pdf' Open PDF ... EarthSystem-nww081.pdf
Open file #13579



The text being discussed is available at


TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative.
It has been funded by family and friends plus donations from well wishers who understand
the importance of accountability and getting the management metrics right.
SITE COUNT
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015

CAVEAT. The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2019 Peter Burgess. All rights reserved.