image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
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Date: 2017-11-23 Page is: DBtxt001.php L0700-RE-ORGANIZATIONS


REPORTING ENTITIES
ORGANIZATIONS
HOW ONE THING AND EVERYTHING IMPACTS ON EVERYTHING ELSE ... FOR GOOD OR BAD ... TRIPLE BOTTOM LINE
CONVENTIONAL FINANCIAL REPORTING IS EVERYWHERE / MORE AND MORE IMPACT REPORTING IS BECOMING A NEW NORMAL
ORGANIZATIONS: Banks / E-Business / Big retail / Franchise chains / Small business

Organizations report more than any other part of the socio-enviro-economic system, but the focus is all about financial performance and the impact for owners / investors. External impacts are ignored in conventional accounting and financial reporting. TVIA builds on the existing conventional accounting making it possible to also report on material externalities that impact people, society and the environment.

NAVIGATION -- > ABOUT THE GROUPS TO SPECIFIC ORGANIZATIONS
Banking and Financial Services
Essential ... and at the same time a root cause of some of the socio enviro economic dysfunction
Open L0700-ORGS-BANKS-FINANCE Open L0200-ORGS-BANKS-FINANCIAL-SERVICES
Companies ...
in manufacturing, resource extraction, distribution, etc. (not banking)
Open L0700-RE-COMPANIES Open L0200-ORGS-COMPANIES
Cooperatives / Collectives
an old and important idea that has been sidelined in favor of investor owned and investor benefit organizations
Open L0700-RE-COOPERATIVES Open L0200-ORGS-COOPERATIVES
Government Agencies
an old and important idea that has been sidelined in favor of investor owned and investor benefit organizations
Open L0700-RE-ORGS-GOVERNMENT Open L0200-ORGS-GOVT-AGENCIES
Healthcare
a big part of the modern economy but badly managed and badly served by prevailing management metrics and politics
Open L0700-RE-HEALTHCARE Open L0200-ORGS-HEALTHCARE
International Development Assistance / Humanitarian Assistance
a part of the organizational ecosystem that should not be needed
Open L0700-RE-HUMANITARIAN-RELIEF Open L0200-ORGS-IDA-HR
Initiatives ...
The critical first step in implementing an idea
Open L0700-RE-INITIATIVES Open L0200-ORGS-INITIATIVES
Markets
an important part of the economic system, but increasingly gamed to create financial wealth while doing nothing for the real economy
Open L0700-RE-MARKETS Open L0200-ORGS-MARKETS
Multilaterial Organizations (MLOs)
International Development Banks / Intergovernmental Agencies / etc.
Open L0700-RE-MLOs Open L0200-ORGS-MLOs
Non-Government Organizations (NGOs) / Not for Profits
a part of the organizational ecosystem that draws attention to problems but can do little to fix them
Open L0700-RE-ORGS-NGOs Open L0200-ORGS-NGOs-NPOs
Professional Firms
professional firms serve to advise in areas such as law, accountancy and consultancy
Open L0700-RE-PROFESSIONAL-FIRMS Open L0200-ORGS-PROFESSIONAL-FIRMS
Small and Medium Sized Enterprises (SMEs)
an important part of the economic ecosystem, but only a part and in many ways a constraint on progress
Open L0700-RE-ORGS-SMEs Open L0200-ORGS-SMEs
Think Tanks / Policy Analysis Organizations
sometimes very useful, but often merely a way to promote political ideology without addressing underlying ctitical issues
Open L0700-RE-THINK-TANKS Open L0200-ORGS-THINK-TANKS

Brands
increasingly the consumer facing identity of a corporate organization ... often used to hide reality
Open L0200-ORGS-BRANDS
Networks / Platforms
enabled by technology, but ability to grow does not correlate well with ability to do worthwhile things
Open L0200-ORGS-NETWORKS
True Value Impact Accounting (TVIA) for ORGANIZATIONS
Based on conventional accountancy ... but accounting for everything
Open L0700-TVIA-ORGANIZATIONS

ORGANIZATION / ORGANIZATIONS
THE ROLE OF ORGANIZATION / ORGANIZATIONS ... ESSENTIAL TO MANAGING AT SCALE
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT ... Without organization there is chaos. One of the things that has made modern productivity possible
Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
There are many types of organizations, and many individual organizations. All of them have different characteristics. Some are making profit and doing good. Others are making profit and doing immense damage to society and / or the environment. We need to know a lot more about these characteristics in a way that is efficient, timely and relevant.
No organization can be successful 'on its own' ... a successful organizations understands the context where it is working and acts accordingly.
The most successful organizations are those that have a meaningful social purpose as well as being able to give a decent return to the investors that fund the organization.
The idea that the main purpose of an organization is merely to make the maximum return for the owners is a legal construct that originated in the USA in the 1920s when Henry Ford and the Dodge Brothers were engaging in very unfriendly litigation ... rather the main purpose of many great organizations has been to do good for society as, for example, the manufacture of Sunlight Soap in the 1880s in order to improve health by a company that went on to become Unilever
ORGANIZATIONS - a critical component of the socio-enviro-economic system that enables efficiency
ORGANIZATIONS ARE USED TO IMPLEMENT IDEAS. ... Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
ORGANIZATION provides a framework for getting things done and achieving operational efficiency
ORGANIZATIONS ... Many different ways to organize ... different approaches ... different stakeholders ... different ownership ... but essential for performance efficiency
PRIVATE SECTOR ORGANIZATIONS ... THE BEST CONTRIBUTE SIGNIFICANTLY TO QUALITY OF LIFE ... THE WORST DO IMMENSE DAMAGE TO SOCIETY AND THE ENVIRONMENT
FOR PROFIT ORGANIZATIONS ARE EFFICIENT FOR MONEY CAPITAL FORMATION BUT NOT SO MUCH FOR SOCIETY AND ENVIRONMENT
NOT FOR PROFIT ORGANIZATIONS / NGOs exist to do good without a profit motivation. They are supported mainly by philanthrpy and to some extent by government grants
GO SlideNavforOCN

GO n1-SlideNav-for-TVA #INITIATIVES

INITIATIVES GO TOP
INITIATIVES ... A KEY STEP BETWEEN IDEA AND IMPLEMENTATION AT SCALE
THE FIRST STEP IN GETTING FROM AN IDEA TO IMPLEMENTATION AT SCALE ... PUTTING IDEAS INTO PRACTICE ... BUT VERY FEW ACHIEVE THE SCALE THAT IS NEEDED TO MAKE A SIGNIFICANT DIFFERENCE
PUTTING IDEAS INTO PRACTICE ... IDEAS BECOME INITIATIVES ... AND THEN GRADUATE FROM THERE.
Most ideas do not become initiatives ... most initiatives have a short life before they fail. There are huge number of initiatives, but many do not have durable impact. There are many reasons for this. Among the reasons are inexperience, inadequate knowledge of the issues and problems, and not enough funding.
Many good ideas fail. Few initiatives eventually become major organizations. Some of the problems and ineffectiveness would be avoided if there were better metrics and an efficient knowledge base.
GO n1-SlideNav-for-TVA #INITIATIVES
NAVIGATION to thousands of INITIATIVES organized by initiative name (alphabetical) Open L0200-ORGS-INITIATIVES

ORGANIZATIONS - PRIVATE SECTOR
PRIVATE SECTOR ORGANIZATIONS
MANY DIFFERENT FORMS TO SUIT DIFFERENT PURPOSES AND SITUATIONS

A successful society needs ORGANIZATION and ORGANIZATIONS. There are many different forms of organization with very different socio-enviro-economic imnpact. Metrics about organizational performance have been goood for investors but less good for society and the environment. The purpose of TVA is to even this playing field.
Open L0200-ORGS-MAIN
NAVIGATION -- > ABOUT THE GROUPS TO SPECIFIC ORGANIZATIONS
Banking and Financial Services
Essential ... and at the same time a root cause of some of the socio enviro economic dysfunction
Open L0700-ORGS-BANKS-FINANCE Open L0200-ORGS-BANKS-FINANCIAL-SERVICES
BANKS AND FINANCIAL SERVICE ORGANIZATIONS
PROVIDE A VITAL SERVICE FOR SOCIETY BUT DO NOT GENERATE VALUE ADD ... THERE PROFITS ARE A BIG COST TO SOCIETY
Money, banking and financial services are a critical lubricant for the socio-enviro-economic system, but are neither the engine nor the essential fuel!
Open L0200-ORGS-BANKS-FINANCIAL-SERVICES
Companies ...
in manufacturing, resource extraction, distribution, etc. (not banking)
Open L0700-RE-COMPANIES Open L0200-ORGS-COMPANIES
COMPANIES ... BIG DOMINANT MULTISTATE COMPANIES
BIG COMPANIES DOMINATE THE MODERN SOCIO-ENVIRO-ECONOMIC SYSTEM ... THEIR EFFICIENCY IS A KEY DRIVER OF PROGRESS
Because of their scale they have an outsize impact on the system as a whole. The performance of companies has been a key to major change in the past and will continue into the future. The profit measure served well in the past, but this has changed and a more refined set of measures is required for an efficient future ... that is True Value Accounting
Open L0200-ORGS-COMPANIES GO SlideNav-for-TVA #OCN
Cooperatives / Collectives
an old and important idea that has been sidelined in favor of investor owned and investor benefit organizations
Open L0700-RE-COOPERATIVES Open L0200-ORGS-COOPERATIVES
Government Agencies
an old and important idea that has been sidelined in favor of investor owned and investor benefit organizations
Open L0700-RE-ORGS-GOVERNMENT Open L0200-ORGS-GOVT-AGENCIES
Healthcare
a big part of the modern economy but badly managed and badly served by prevailing management metrics and politics
Open L0700-RE-HEALTHCARE Open L0200-ORGS-HEALTHCARE
International Development Assistance / Humanitarian Assistance
a part of the organizational ecosystem that should not be needed
Open L0700-RE-HUMANITARIAN-RELIEF Open L0200-ORGS-IDA-HR
Initiatives ...
The critical first step in implementing an idea
Open L0700-RE-INITIATIVES Open L0200-ORGS-INITIATIVES
Markets
an important part of the economic system, but increasingly gamed to create financial wealth while doing nothing for the real economy
Open L0700-RE-MARKETS Open L0200-ORGS-MARKETS
Multilaterial Organizations (MLOs)
International Development Banks / Intergovernmental Agencies / etc.
Open L0700-RE-MLOs Open L0200-ORGS-MLOs
Non-Government Organizations (NGOs) / Not for Profits
a part of the organizational ecosystem that draws attention to problems but can do little to fix them
Open L0700-RE-ORGS-NGOs Open L0200-ORGS-NGOs-NPOs
NON GOVERNMENTAL ORGANIZATIONS (NGOs) / NOT FOR PROFIT ORGANIZATIONS (NPOs)
AN IMPORTANT PART OF THE SOCIO-ENVIRO-ECONOMIC SYSTEM BUT WEAK BECAUSE OF INADEQUATE ACCESS TO RESOURCES
These institutions have an important role in the delivery of humanitarian assistance and development aid.
Open L0200-ORGS-NGOs-NPOs
Professional Firms
professional firms serve to advise in areas such as law, accountancy and consultancy
Open L0700-RE-PROFESSIONAL-FIRMS Open L0200-ORGS-PROFESSIONAL-FIRMS
Small and Medium Sized Enterprises (SMEs)
an important part of the economic ecosystem, but only a part and in many ways a constraint on progress
Open L0700-RE-ORGS-SMEs Open L0200-ORGS-SMEs
SMALL BUSINESS / SMEs
AN IMPORTANT PART OF THE SOCIO-ENVIRO-ECONOMIC SYSTEM BUT OFTEN INEFFICIENT AND DISADVANTAGED
Small business is an important part of a community, but seriously disadvantaged relative to the efficienty of the very large corporate organizations
Open L0200-ORGS-SMEs
COOPERATIVES
A FORM OF ORGANIZATION THAT PUTS STAKEHOLDERS OTHER THAN THE INVESTORS AT THE CENTER
Cooperatives have proved to be an effective form of organization for society, but less popular with the investment community
Open L0200-ORGS-COOPERATIVES
Think Tanks / Policy Analysis Organizations
sometimes very useful, but often merely a way to promote political ideology without addressing underlying ctitical issues
Open L0700-RE-THINK-TANKS Open L0200-ORGS-THINK-TANKS
THINK TANKS / POLICY RESEARCH
A USEFUL PART OF A DEMOCRATIC SOCIETY UNLESS THEY ARE DRIVEN BY IDEOLOGY RATHER THAN RESEARCH AND FACTS
These institutions have an important role in providing politicians with talking points and a basis for legislation
Open L0200-ORGS-THINK-TANKS

Brands
increasingly the consumer facing identity of a corporate organization ... often used to hide reality
Open L0200-ORGS-BRANDS
Networks / Platforms
enabled by technology, but ability to grow does not correlate well with ability to do worthwhile things
Open L0200-ORGS-NETWORKS

INTERNATIONAL DEVELOPMENT ASSISTANCE / HUMANITARIAN RELIEF
AN IMPORTANT PART OF THE SOCIO-ENVIRO-ECONOMIC SYSTEM BUT WEAK BECAUSE OF INADEQUATE ACCESS TO RESOURCES
These institutions have an important role in the delivery of humanitarian assistance and development aid.
Open L0200-ORGS-IDA-HR

MARKETS
Markets are central to the idea of a free economy, but the way markets work in the modern enviro-socio-ecomomic system is not the way free markets really work. Understanding the way modern markets are working is an important part of understanding how the modern enviro-soci-economic system works and how things need to be changed.
Open L0200-ORGS-MARKETS

ORGANIZATIONS - PUBLIC SECTOR
PUBLIC SECTOR ORGANIZATIONS
MULTIPLE LEVELS OF GOVERNMENT, STATE OWNED ENTERPRISES, PROGRAMS AND PROJECTS

A successful society needs ORGANIZATION and ORGANIZATIONS. There are many different forms of organization with very different socio-enviro-economic imnpact. Metrics about organizational performance have been goood for investors but less good for society and the environment. The purpose of TVA is to even this playing field.
MULTILATERAL and INTERGOVERNMENTAL ORGANIZATIONS
like the WORLD BANK, the UNITED NATIONS, REGIONAL GROUPINGS
These institutions have an important role in providing a framework of governance that goes beyond national boundaries
Open L0200-ORGS-MLOs
GOVERNMENT INSTITUTIONS, AGENCIES AND PROGRAMS
Many things are best done by government, but these things should be done efficiently. Low efficiency, poor accounting, accountability and transparency are big issues in government. Government has a poor track record in handling corruption at all levels.
Open L0200-ORGS-GOVT-AGENCIES
THE MILITARY
The MILITARY and the MILITARY INDUSTRIAL COMPLEX have become very large and very powerful. They absorb a huge amount of wealth, and it is not clear whether the value fo the military establishment justifies these costs.
Open L0700-SI-MILITARY-INDUSTRY-COMPLEX
POLICE, COURTS AND PRISONS
The JUSTICE SYSTEM comprising POLICE, COURTS AND PRISONS needs to deter crime, to punish and to rehabilitate. Some police capabilities and performance are exceptional while some police behavior is reprehensible. These are important elements of a just and civilized society.
Open L0700-SI-POLICE


BRANDS
In many case the BRAND is more important to the consumer than the product. Brand reputation is one of the main connections that a seller has with the customer, and this is enabled and maintained by the advertising industry. Loss of brand reputation is a major risk for every organization that sells using brand identity.
Open L0200-ORGS-BRANDS

INDUSTRIES ... THIS SHOULD PROBABLY BE MOVED !!!!!!!!!!!!!
Industries are similar to sectors. Compared to a sector, an industry has more focus. There may be several industries within a sector. Companies identify with an industry.
Open list0300-INDUSTRIES

FUNCTIONS
FUNCTIONS ... as in accountancy, law, architecture, music, engineering, health, teachers, etc.

Corporate Governance for a Changing World
Purpose of the Corporation Project, an initiative of Frank Bold with the support of the Modern Corporation Project at Cass Business School, launched the Corporate Governance for a Changing World Roundtable Series on corporate governance
Open PDF ... Corporate-Purpose

ORGANIZATION

Many Forms of Organization
ORGANIZATION
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT

WITHOUT ORGANIZATION THERE IS CHAOS. There are many ways to organize, but the primary goal of organization is to do something with efficiency. Measurement is an essential part of effective organization.



B Corp -vs- Benefit Corporation




The text being discussed is available at



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