TrueValueMetrics ... Impact Accounting for the 21st Century


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Date: 2024-04-20 Page is: DBtxt001.php L0700-PP-OG-Not-for-Profit

PROGRESS AND PERFORMANCE ...ORGANIZATION
PLACEHOLDER These trends have been in place for many years ... but now dominate the system

Progress and Performance of an Organization

Decision makers in business organizations have made decisions that delivered benefit to owners (investors) without taking into consideration the impact that business activities were having in the general population and society, and the deterioration of the environment and the depletion of natural resources. This has been made possible by the well developed system of metrics that there is for measuring profit and accounting for money and the almost complete lack of systems to measure and account for anything else.
while the population that works in the USA has been put to further disadvantage compared to prior decades. This is the result that one must expect as long as the dominent measure of economic success is money profit and money wealth accumulation. It confirms my belief that in order for the economy to be optimized for ALL the population there must be measures to reflect quality of life for everyone, and not merely a single simple measure that really only works for those with affluence.

Conclusion ... corruption
When large amounts of money do not seem to be resulting in any progress, the accounting will often give hints about where the money has gone. In most cases, there will not be enough information to satisfy a court of law, but the information is usually quite good enough to show that it is corruption that is getting funded and not project activities.

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