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: 2019-05-20 Page is: DBtxt001.php L0700-SN-MANAGEMENT-TVM


TVM Site Navigation
MANAGEMENT
TRUE VALUE METRICS
.
.

CORE CONCEPTS
.
GO TOP
.
CORE CONCEPTS OVERVIEW
AN OVERVIEW OF CONCEPTS FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
Open L070-CC-CORE-CONCEPTS-OVERVIEW
ACCOUNTING PRINCIPLES / RULES
THE PRINCIPLES OF ACCOUNTANCY ARE VERY OLD AND VERY POWERFUL
Open L0700-CC-Accounting-Principles-Rules
AUDIT
AUDIT STOPS COMPANIES FROM BLATANTLY LYING TO THEIR INVESTORS
Open L0700-CC-AUDIT
BALANCE-SHEET
THE STATE OF THE REPORTING ENTITY
Open L0700-CC-BALANCE-SHEET
CAPITALS
MAINLY FINANCIAL CAPITAL, BUT INCREASINGLY SOCIAL AND NATURAL AS WELL
Open L0700-CC-CAPITALS
CONTINUOUS-IMPROVEMENT
A COMMON SENSE IDEA BEING FORMALIZED
Open L0700-CC-CONTINUOUS-IMPROVEMENT
COST, PRICE & VALUE
ALL VERY DIFFERENT METRICS, BUT VERY FREQUENTLY CONFLATED
Open L0700-CC-COST-PRICE-VALUE
DATA AT THE CENTER
EVERYTHING SHOULD BE NUMBERED TO UNDERSTAND CONNECTIONS
Open L0700-CC-DATA-AT-THE-CENTER
DOUBLE ENTRY
CONCEPT THAT IS BASIS FOR THE ENORMOUS POWER OF ACCOUNTANCY
Open L0700-CC-Double Entry
ENHANCING ACCOUNTANCY
TO BRING THE POWER OF ACCOUNTANCY TO IMPACT ON ALL THE CAPITALS
Open L0700-CC-ENHANCING-ACCOUNTANCY
FEEDBACK
RAPID RELEVANT FEEDBACK ENABLES PERFORMANCE IMPROVEMENT
Open L0700-CC-FEEDBACK
FEEDBACK & DATAFLOW
DATAFLOW DESIGN ENHANCES THE IMPACT DELIVERED BY FEEDBACK
Open L0700-CC-FEEDBACK-DATAFLOW
KEY PERFORMANCE INDICATOR (KPI)
A STREAMLINED WAY OF COMMUNICATING PERFORMANCE
Open L0700-CC-KPI
MANAGEMENT ACCOUNTING
A USE OF ACCOUNTING IN SUPPORT OF MANAGEMENT DECISIONS
Open L0700-MT-MNGT-ACCOUNTING
MATERIALITY
ISSUES THAT HAVE A BIG IMPACT ON PERFORMANCE
Open L0700-CC-MATERIALITY
MONEY ACCOUNTING & VALUE ACCOUNTING
AN IMPORTANT ENHANCEMENT OF ACCOUNTING THAT INCORPORATES VALUE
Open L0700-CC-MONEY-ACTG-TO-VALUE-ACTG
PERSPECTIVES
RECOGNIZING THAT ACTIVITY LOOKS DIFFERENT DEPENDING ON POINT OF VIEW
Open L0700-CC-PERSPECTIVES
PRESENT-VALUE
A WAY FOR THE FUTURE TO BE NUMBERED IN A COHERENT WAY
Open L0700-CC-PRESENT-VALUE
PROCESSES
AN ACTIVITY THAT HELPS CHANGE RAW MATERIALS INTO USEFUL PRODUCTS
Open L0700-CC-PROCESSES
PRODUCTS
THE RESULT OF PRODUCTION THAT IS USEFUL FOR CONSUMERS
Open L070-PD-PRODUCTS
PROFIT & LOSS ACCOUNT
AN ACCOUNTING SUMMARY OF THE ACTIVITIES OF THE ENTITY
Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
PROGRESS & PERFORMANCE
THE ESSENTIAL MEASURES FOR ASSESSING ACTIVITIES
Open L0700-CC-PROGRESS-PERFORMANCE
PURCHASING POWER PARITY (PPP)
A WAY TO BRING COMPARABILITY TO DIFFERENT ECONOMIC SETTINGS
Open L0700-CC-PPP
QUANTIFICATION
ESSENTIAL FOR EFFECTIVE MEASUREMENT AND MANANGEMENT
Open L0700-CC-QUANTIFICATION
REPORTING ENTITY
CORPORATE REPORTING IS OFTEN CONSTRAINED BY THE REPORTING ENVELOPE
Open L0700-CC-REPORTING-ENTITY
SHADOW PRICING
ENABLES ACCOUNTABILITY FOR MATTERS NOT USUALLY ACCOUNTED FOR
Open L0700-CC-Shadow-Pricing
.

TRUE VALUE METRICS and MANAGEMENT
.
GO TOP
.
TRUE VALUE / DATA at the CENTER
YOU CAN'T MANAGE WHAT YOU DON'T MEASURE
Open L07-TRUE-VALUE-DATA-at-the-CENTER
MANAGEMENT METRICS
WITHOUT METRICS ... IMPOSSIBLE TO MANAGE
Open L070-MM-MANAGEMENT-METRICS
DEFINITIONS (BASIC PRINCIPLES) FOR TRUE VALUE METRICS
NAVIGATION TO MORE THAN 100 DEFINITITIONS / PRINCPLES
Open L0200-DEFINITIONS-for-TVM
TVM -v- CONVENTIONAL FINANCIAL ACCOUNTANCY (CFA)
HOW TVM IS SIMPLY A VERY ENHANCED VERSION OF CFA
Open L0700-TVM-comparison-with-CFA
COST ACCOUNTING
MANAGEMENT TOOL THAT LINKS ENGINEERING AND DESIGN TO PERFORMANCE
Open L0700-MT-COST-ACCOUNTING
ABOUT TRUEVALUEMETRICS (TVM)
ENHANCED METRICS FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
FLOW, PROCESS & CHANGE in STATE
EVERY ACTIVITY HAS AN IMPACT ON ALL THE STATES, NOT JUST ONE
Open L0700-TVM-s-FLOW-PROCESS-CHANGEinSTATE
TVM-s-FLOW-PROCESS-CHANGEinSTATE-170529
AN OLDER VERSION OF THE PAGE
Open L0700-TVM-s-FLOW-PROCESS-CHANGEinSTATE-170529
FLOW, PROCESS & CHANGE in STATE
HOW CHANGE IN STATE IS A MEASURE OF PROGRESS
Open L0700-TVM-FLOW-PROCESS-CHANGEinSTATE
L0700-TVM-FLOW-Enhancing-Accountancy
INCLUDING EXTERNALITIES IN THE ACCOUNTING
Open L0700-TVM-FLOW-Enhancing-Accountancy
L0700-TVM-FLOW-Enhanced-Accountancy-for-everything
ENHANCED TVM ACCOUNTING WORKS FOR EVERYTHING
Open L0700-TVM-FLOW-Enhanced-Accountancy-for-everything
L0700-TVM-FLOW-Enhanced-Accountancy-for-supply-chain
ENHANCED TVM ACCOUNTING WORKS FOR EVERYTHING
Open L0700-TVM-FLOW-Enhanced-Accountancy-for-supply-chain
L0700-TVM-FLOW-Profit-and-Loss-elements
ELEMENTS OF THE ENHANCED PROFIT & LOSS ACCOUNT
Open L0700-TVM-FLOW-Profit-and-Loss-elements
L0700-TVM-STATE-Balance-Sheet-elements
ELEMENTS OF THE BALANCE SHEET WITH ENHANCEMENTS
Open L0700-TVM-STATE-Balance-Sheet-elements
STANDARD COST ACCOUNTING
A SIMPLIFICATION OF COST ACCOUNTING THAT ALSO MAKES IT MORE USEFUL
Open L0700-MA-STANDARD-COST-ACCOUNTING
STANDARD VALUE PROFILE
ENHANCEMENT OF STANDARD COST FOR ALL DIMENSIONS OF THE SYSTEM
Open L0700-SV-STANDARD-VALUE-PROFILE
UNITS OF ACCOUNT
MONEY WORKS FOR THE ECONOMY. BIT NOT FOR SOCIETY AND NATURE
Open L070-UA-UNITS-OF-ACCOUNT
Text, images, links that have been removed
This material will be edited and moved to better location or deleted
Open L0700-PL-000-TEMP-STUFF-180719
.
INITIATIVES TO IMPROVE REPORTING GO TOP
A4S ... Accounting for Sustainability
Open L0500-A4S
AIChE ... American Institute of Chemical Engineers
Open L0500-AIChE
EPI ... Economic Policy Institute (in Washington DC)
Open L0500-EPI
ESG ... Environment, Social and Governance
Open L0700-MR-ESG
ESG ... Environment, Social and Governance
Open L0500-ESG
EVA ... Economic Value Add
Open L0700-MR-EVA
GDP ... Gross Domestic Product
Open L0700-MR-GDP
GDP ... Gross Domestic Product
Open L0500-GDP
GIIN ... Global Impact Investng Network
Open L0500-GIIN
GIIRS ... Global Impact Investing Rating System
Open L0500-GIIRS
GISR
Open L0500-GISR
GNH ... Gross National Happiness
Open L0700-MR-GNH
Gold-Standard
Open L0500-Gold-Standard
GPI ... Genuine Progress Indicator
Open L0700-MR-GPI
GRI ... Global Reporting Initiative
Open L0700-MR-GRI
Impact-Genome-Project
Open L0500-Impact-Genome-Project
Integrated Reporting (IR)
Open L0700-MR-IR
IRIS ... Impact Reporting and Investment Standards
Open L0500-IRIS
MaRS
Open L0500-MaRS
Mission-Measurement
Open L0500-Mission-Measurement
MIX ... The Microfinance Information Exchange
PRI
Open L0500-PRI
PwC
Open L0500-PwC
Reporting 3.0
Open L0700-MR-R3-Reporting
SASB
Open L0500-SASB
SDGs
Open L0500-SDGs
SDGtalk
Open L0500-SDGtalk
Total Cost Assessment
Open L0700-MR-Total-Cost-Assessment
.
Accounting / Accountability for ALL the ACTIVITIES
More about ACTIVITIES in the Socio-Enviro-Economic System Open L07-HOW-SEES-WORKS
The COMPLETE Socio-Enviro-Economic System Open L070-SEES-COMPLETE-SYSTEM
ACTIVITIES / SOCIAL IMPACT Open L0700-SEES-SOCIO
ACTIVITIES / ENVIRONMENTAL IMPACT Open L0700-SEES-ENVIRO
ACTIVITIES / ECONOMIC IMPACT Open L0700-SEES-ECONOMIC
.
More about ACTIVITIES, PROCESSES, SECTORS, etc. Open L07-ACTIVITIES-SECTORS-STREAMS
TRUE VALUE METRICS
ENHANCED METRICS FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
SITE NAVIGATION
TRUE VALUE METRICS
Open L070-SN-TVM
CREDITS and DEBITS for VALUE
WITHOUT METRICS ... IMPOSSIBLE TO MANAGE
Open L070-CD-CREDITS-and-DEBITS-of-VALUE
ELEMENTS of the TVM METHODOLOGY
USING WELL ESTABLISHED CONCEPTS TO ENHANCE UTILITY
Open L0700-TVM-elements-of-the-methodology
.

SITE NAVIGATION - MANAGEMENT METRICS GO TOP
.
L070-MA-METRICS-ACCOUNTANCY
A powerful framing of data to enable effective understanding
Open L070-MA-MANAGEMENT-ACCOUNTANCY
L070O-MG-METRICS-GOALS
A step towards managing performance ... but not sufficient in themselves
Open L0700-MG-METRICS-GOALS
L07O0-MA-MANAGEMENT
The right metrics are essential for efficienty successful change
Open L0700-MA-MANAGEMENT
L070-ML-MONEY-LIQUIDITY
Money is NOT a measure. The role of money is economic liquidity.
Open L070-ML-MONEY-LIQUIDITY
.
NAVIGATION SUMMARY GO TOP
MANAGEMENT / DATA at the CENTER
YOU CAN'T MANAGE WHAT YOU DON'T MEASURE
.
Site Navigation
MANAGEMENT / DATA at the CENTER
YOU CAN'T MANAGE WHAT YOU DON'T MEASURE
Open L07-MANAGEMENT-DATA-at-the-CENTER
TRUE VALUE METRICS
ENHANCED METRICS FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
METRICS for MANAGEMENT
WITHOUT METRICS ... IMPOSSIBLE TO MANAGE
Open L0700-MM-METRICS-for-MANAGEMENT
QUANTIFICATION / NUMBERING
WITHOUT NUMBERS, MANAGEMENT IS IMPOSSIBLE
Open L0700-QN-QUANTIFICATION-NUMBERING
What is the PURPOSE of?
SHOULD BE A LOT MORE THAN MORE PROFIT
Open L0700-PU-What-is-the-PURPOSE-of
UNITS OF ACCOUNT
ECONOMIC VALUE (MONEY) / SOCIAL VALUE / ENVIRONMENTAL VALUE
Open L070-UA-UNITS-OF-ACCOUNT
STANDARD VALUE PROFILES
ANALOGOUS TO STANDARD COSTS
Open L070-SV-STANDARD-VALUE-PROFILE
METRICS / GOALS
A STARTING POINT ... A SMALL PART OF A LONG PROCESS
Open L070-MG-METRICS-GOALS
METRICS for INVESTMENT
ESSENTIAL TO MAINSTREAM IMPACT INVESTMENT
Open L070-MV-METRICS-for-INVESTMENT
TRANSPARENCY and ACCOUNTABILITY
AN IMPORTANT PART OF THE SYSTEM ... BUT VERY WEAK AND INEFFECTIVE
Open L070-TA-TRANSPARENCY-ACCOUNTABILITY
CORE CONCEPTS
FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
Open L0700-TVM-CC-CORE-CONCEPTS
.
Paying attention to what matters
Issues / Subjects
More ideas than the funding for their development and deployment
Open L070-IS-ISSUES-SUBJECTS
Existential Risks
The foundation for all corporate management systems
Open L070-XR-EXISTENTIAL-RISKS
Interesting Ideas
More ideas than the funding for their development and deployment
Open L070-II-INTERESTING-IDEAS
Amazing Possibilities
The idea that 'greed is good' distorts everything
Open L070-AP-AMAZING-POSSIBILITIES
Amazing Possibilities
RESOURCE LIST
Open L0200-POSSIBILITIES
.
How Double Entry Accountancy Works
.
Accounting for PAST, PRESENT and FUTURE
Accounting for PAST, PRESENT and FUTURE Open L0700-TVM-accounting-for-past-present-future
How Double Entry Works
Clarity between STATE and FLOWS
Open L0700-TVM-how-double-entry-works
Accounting for the Past, Present and Future
Opening balance sheet. P&L account, and closing balance sheet
Open L0700-TVM-accounting-for-past-present-future

TVM-ACTIVITY-CHANGE-IN-STATE
Open L0700-TVM-ACTIVITY-CHANGE-IN-STATE
.
Accounting for ALL the ACTIVITIES INPAGE
.
L070-MA-METRICS-ACCOUNTANCY Open L070-MA-METRICS-ACCOUNTANCY
L0700-MA-ACCOUNTING-OVERVIEW Open L0700-MA-ACCOUNTING-OVERVIEW
L0700-MA-CARBON-ACCOUNTING Open L0700-MA-CARBON-ACCOUNTING
L0700-MA-CORPORATE-ACCOUNTABILITY Open L0700-MA-CORPORATE-ACCOUNTABILITY
L0700-MA-COST-MNGT-ACCOUNTING Open L0700-MA-COST-MNGT-ACCOUNTING
L0700-MA-ECONOMIC-ANALYSIS Open L0700-MA-ECONOMIC-ANALYSIS
L0700-MA-ECONOMIC-PERFORMANCE Open L0700-MA-ECONOMIC-PERFORMANCE
L0700-MA-ECONOMICS Open L0700-MA-ECONOMICS
L0700-MA-ENVIRONMENTAL-ACCOUNTING Open L0700-MA-ENVIRONMENTAL-ACCOUNTING
L0700-MA-FINANCIAL ACCOUNTANCY Open L0700-MA-FINANCIAL-ACCOUNTANCY
L0700-MA-IMPACT-INVESTMENT-ANALYSIS Open L0700-MA-IMPACT-INVESTMENT-ANALYSIS
L0700-MA-INVESTMENT-ANALYSIS Open L0700-MA-INVESTMENT-ANALYSIS
L0700-MA-MANAGEMENT Open L0700-MA-MANAGEMENT
L0700-MA-NATIONAL-ACCOUNTS Open L0700-MA-NATIONAL-ACCOUNTS
NATURAL CAPITAL ACCOUNTING Open L0700-MA-NATURAL-CAPITAL-ACCOUNTING
L0700-MA-STANDARD-COST-ACCOUNTING Open L0700-MA-STANDARD-COST-ACCOUNTING
L0700-MA-SUSTAINABILITY-ACCOUNTING Open L0700-MA-SUSTAINABILITY-ACCOUNTING
L0700-MA-TRANSPARENCY-and-ACCOUNTABILITY Open L0700-MA-TRANSPARENCY-and-ACCOUNTABILITY
L0700-MA-UNSUSTAINABILITY-ACCOUNTING Open L0700-MA-UNSUSTAINABILITY-ACCOUNTING
.
L0300-Climate-CPA-Canada-Intro-GHG-Management-Systems Open L0300-Climate-CPA-Canada-Intro-GHG-Management-Systems
.
L070-MG-METRICS-GOALS Open L070-MG-METRICS-GOALS
L0700-MG-MDGs Open L0700-MG-MDGs
L0700-MG-SDGs Open L0700-MG-SDGs
L0700-MG-TVM-and-UN-SDGs Open L0700-TVM-and-UN-SDGs
L0700-MG-TVM-and-UN-SDGs-02 Open L0700-TVM-and-UN-SDGs-02
.
L070-ML-MONEY-LIQUIDITY Open L070-ML-MONEY-LIQUIDITY
L0700-ML-ALTERNATIVE-CURRENCIES Open L0700-ML-ALTERNATIVE-CURRENCIES
L0700-ML-CC-CRYPTOCURRENCIES Open L0700-ML-CC-CRYPTOCURRENCIES
L0700-ML-CC-Bitcoin Open L0700-ML-CC-Bitcoin
L0700-ML-CC-Ethereum Open L0700-ML-CC-Ethereum
L0700-ML-CURRENCIES Open L0700-ML-CURRENCIES
L0700-ML-FINANCE Open L0700-ML-FINANCE
L0700-ML-FINANCIAL-INCLUSION Open L0700-ML-FINANCIAL-INCLUSION
L0700-ML-VALUE-BASED-CURRENCY-UNITS Open L0700-ML-VALUE-BASED-CURRENCY-UNITS
.

SECTOR VIEW
.
GO TOP
.
SITE NAVIGATION SECTOR VIEW
SECTOR-INDUSTRY / STREAM-STRANDS-STRINGS / PROCESSES / PRODUCTS
Open L070-SN-SECTOR-VIEW
.
SECTORS / INDUSTRIES
A LOT OF SPECIALIZATION AT THE SECTOR / INDUSTRY LEVEL
Open L070-SI-SECTORS-INDUSTRIES
.
.
STREAMS / STRANDS / STRINGS
IMPACTS ALL THE WAY THROUGH THE LIFE CYCLE
Open L070-SS-STREAMS-STRANDS-STRINGS
L0700-SS-ACADEMIC-RESEARCH
L0700-SS-ACADEMIC-RESEARCH
Open L0700-SS-ACADEMIC-RESEARCH
L0700-SS-AGRICULTURE
L0700-SS-AGRICULTURE
Open L0700-SS-AGRICULTURE
L0700-SS-CROP-AGRICULTURE
L0700-SS-CROP-AGRICULTURE
Open L0700-SS-CROP-AGRICULTURE
L0700-SS-BANKING-FINANCIAL-SERVICES
L0700-SS-BANKING-FINANCIAL-SERVICES
Open L0700-SS-BANKING-FINANCIAL-SERVICES
L0700-SS-EDUCATION
L0700-SS-EDUCATION
Open L0700-SS-EDUCATION
L0700-SS-ENERGY
L0700-SS-ENERGY
Open L0700-SS-ENERGY
L0700-SS-HEALTH
L0700-SS-HEALTH
Open L0700-SS-HEALTH
L0700-SS-INVESTMENT
L0700-SS-INVESTMENT
Open L0700-SS-INVESTMENT
L0700-SS-LIVESTOCK-AGRICULTURE
L0700-SS-LIVESTOCK-AGRICULTURE
Open L0700-SS-LIVESTOCK-AGRICULTURE
L0700-SS-MATERIALS
L0700-SS-MATERIALS
Open L0700-SS-MATERIALS
L0700-SS-MILITARY-INDUSTRY-COMPLEX
L0700-SS-MILITARY-INDUSTRY-COMPLEX
Open L0700-SS-MILITARY-INDUSTRY-COMPLEX
L0700-SS-POLICE
L0700-SS-POLICE
Open L0700-SS-POLICE
L0700-SS-POLITICS
L0700-SS-POLITICS
Open L0700-SS-POLITICS
L0700-SS-Pulp-Paper
L0700-SS-Pulp-Paper
Open L0700-SS-Pulp-Paper
L0700-SS-SECTOR-STRAND
L0700-SS-SECTOR-STRAND
Open L0700-SS-SECTOR-STRAND
L0700-SS-TRANSPORT
L0700-SS-TRANSPORT
Open L0700-SS-TRANSPORT
L0700-SS-TRANSPORT-AIRCRAFT
L0700-SS-TRANSPORT-AIRCRAFT
Open L0700-SS-TRANSPORT-AIRCRAFT
L0700-SS-WASTE
L0700-SS-WASTE
Open L0700-SS-WASTE
L0700-SS-WATER-SEWER
L0700-SS-WATER-SEWER
Open L0700-SS-WATER-SEWER
.
PROCESSES
THE EFFICIENCY OF PROCESSES IS IMPORTANT
Open L070-PC-PROCESSES
.
PRODUCTS
PRODUCTS FLOW THROUGH THE SYSTEM END TO END
Open L070-PD-PRODUCTS
.
Navigation for ALL the ACTORS GO TOP
Accountability for ALL the ACTORS Open L07-ACTORS-PEOPLE-ORGANIZATIONS
More about PEOPLE as ACTORS Open L0700-PE-AC-PEOPLE-as-ACTORS
More about ORGANIZATIONS as ACTORS Open L0700-OG-AC-ORGANIZATIONS-as-ACTORS
More about GOVERNMENTS as ACTORS Open L0700-OG-AC-GOVERNMENTS-as-ACTORS
A PEOPLE view of the Socio-Enviro-Economic System
.
PEOPLE / QUALITY OF LIFE
THE ESSENTIAL PURPOSE OF ALL ACTIVITY
Open L07-PEOPLE-QUALITY-OF-LIFE
THE STATE OF MY LIFE
SOCIAL CAPITAL ... THE TOTALITY OF NEARLY 8 BILLION INDIVIDUALS
Open L0700-CS-SC-SOCIAL-CAPITAL
PEOPLE / QUALITY OF LIFE
PEOPLE ARE INDIIDUALS ... QUALITY OF LIFE IS MANY THINGS
Open L0700-PE-QL-PEOPLE-QUALITY-OF-LIFE
THE CONTRIBUTION PEOPLE MAKE
PEOPLE ADD VALUE USING BRAWN AND/OR BRAIN
Open L0700-PE-CO-PEOPLE-CONTRIBUTING
TNE COST OF LIVING
SOME COSTS OF LIVING ARE ESSENTIAL, OTHER COSTS ARE DISCRETIONARY
Open L070-CX-COSTS-EXPENSES#SOCIAL
INVESTMENT IN HUMAN CAPITAL
HUMAN CAPITAL INVESTMENT SHOULD ENABLE A BETTER WORLD
PLACE HAS IMPACT ON PEOPLE
PLACE MAKES HUGE DIFFERENCE TO THE LIVES OF PEOPLE
THE STATE OF MY LIFE
SOCIAL CAPITAL ... THE TOTALITY OF NEARLY 8 BILLION INDIVIDUALS
Open L0700-CS-SC-SOCIAL-CAPITAL
PEOPLE / QUALITY OF LIFE
PEOPLE ARE INDIIDUALS ... QUALITY OF LIFE IS MANY THINGS
Open L0700-PE-QL-PEOPLE-QUALITY-OF-LIFE
THE CONTRIBUTION PEOPLE MAKE
PEOPLE ADD VALUE USING BRAWN AND/OR BRAIN
Open L0700-PE-CO-PEOPLE-CONTRIBUTING
TNE COST OF LIVING
SOME COSTS OF LIVING ARE ESSENTIAL, OTHER COSTS ARE DISCRETIONARY
Open L0700-PE-CL-PEOPLE-COSTS-OF-LIVING
.
Navigation GO TOP
.
Some of the Reporting Initiatives being developed
L0500-A4S
Open L0500-A4S
L0500-350org
Open L0500-350org
L0500-ESG
Open L0500-ESG
L0700-MR-ESG
Open L0700-MR-ESG
L0700-MR-EVA
Open L0700-MR-EVA
L0700-MR-GDP
Open L0700-MR-GDP
L0700-MR-GNH
Open L0700-MR-GNH
L0700-MR-GPI
Open L0700-MR-GPI
L0700-MR-GRI
Open L0700-MR-GRI
Reporting 3.0 / L0700-MR-R3-Reporting
Open L0700-MR-R3-Reporting
Reporting 3.0
Open L0500-Reporting-3-0
.
Navigation GO TOP
.
Peter Burgess point of view circa 2003
c2003-Community-Development
Open L0700-TPB-c2003-Community-Development
c2003-Community-Complexity
Open L0700-TPB-c2003-Community-Complexity
c2003-Data-Flows-Analysis
Open L0700-TPB-c2003-Data-Flows-Analysis
c2003-Data-at-the-Center
Open L0700-TPB-c2003-Data-at-the-Center
c2003-Failing Development
Open L0700-TPB-c2003-Failing-Development
c2003-Relief-Development-(ORDA) Fund-Flows
Open L0700-TPB-c2003-ORDA-Fund-Flows
c2003-Process-Changing-State
Open L0700-TPB-c2003-Process-Changing-State
c2003-Process-Changing-State
Open L0700-TPB-c2003-Process-Changing-State-2
c2003-Process-Changing-State Open L0700-TPB-c2003-Process-Changing-State
c2003-zzzz ... unsorted / redundant material Open L0700-TPB-c2003-zzzz
.
Community Centric Sustainable Development
Open L0700-TVM-CCSD-elements-from-the-1990s
.
TVM-and
TVM-and-Integrated-Reporting
Open L0700-TVM-and-IR
TVM-and-TEST
Open L0700-TVM-and-TEST
TVM-and-UN-SDGs
Open L0700-TVM-and-UN-SDGs
TVM-and-UN-SDGs-02
Open L0700-TVM-and-UN-SDGs-02
.
TVM-about
TVM-about-CAPITALS-01
Open L0700-TVM-about-CAPITALS-01
TVM-about-CAPITALS-01
Open L0700-TVM-about-CAPITALS-02
L0700-MM-V-changes-over-time
Open L0700-MM-V-changes-over-time
.
.
TVM-for
TVM-for-GOVERNMENTS
Open L0700-TVM-for-GOVERNMENTS
TVM-for-NGO-ACCOUNTING
Open L0700-TVM-for-NGO-ACCOUNTING
TVM-for-NGOs
Open L0700-TVM-for-NGOs
TVM-for-PLACES
Open L0700-TVM-for-PLACES
TVM-for-SMEs
Open L0700-TVM-for-SMEs
TVM-for-SUPPLY CHAIN
Open L0700-TVM-for-SUPPLY-CHAIN
TVM-for-SUPPLY-CHAIN-2
Open L0700-TVM-for-SUPPLY-CHAIN-2
.
TVM-????
TVM comparison with conventional financial accounting
Open L0700-TVM-comparison-with-CFA
TVM-DATA-SOURCING
Open L0700-TVM-DATA-SOURCING
DEFINITIONS
HELPING TO UNDERSTAND WHAT EVERYTHING MEANS
Open L0700-TVM-Definitions
How Double Entry Accounting Works
Open L0700-TVM-how-double-entry-works
TVM-IMPACT-ACCOUNTING
Open L0700-TVM-IMPACT-ACCOUNTING
TVM-measuring-progress
Open L0700-TVM-measuring-progress
Example of production flow
Open L0700-TVM-example-of-production-flow
TVM-MNGT-ACCOUNTING
Open L0700-TVM-MNGT-ACCOUNTING
TVM-TBL-3P-ALL-the-CAPITALS
Open L0700-TVM-TBL-3P-ALL-the-CAPITALS
TVM-VALUE-ACCOUNTING
Open L0700-TVM-VALUE-ACCOUNTING
Units of Account Open L0700-TVM-UA-UNITS-OF-ACCOUNT
Standard Value Profiles for PRODUCTS Open L0700-TVM-SV-STANDARD-VALUE-PROFILES
TVM Comprehensive Liquidity System Open L0700-TVM-COMPREHENSIVE-LIQUIDITY-SYSTEM
.
WEBPAGE ARCHIVE / INDEX HISTORY
ndx001 / HOW ACCOUNTING WORKS Open L0700-TVM-ndx001
ndx002 / COMPLEX WORLD - HOW TO MAKE IT WORK Open L0700-TVM-ndx002
TVM for ALL the CAPITALS Open L0700-TVM-for-ALL-the-CAPITALS
ndx003 / ALTERNATIVE NAVIGATION ... CONTEXT / SYSTEM / METRICS / TEAM Open L0700-TVM-ndx003
ndx004 / ALTERNATIVE NAVIGATION ... Text Open L0700-TVM-ndx004
ndx005 / Navigation menu archive Open L0700-TVM-ndx005
ndx006 / COMPLEX WORLD ... HOW TO MAKE IT BETTER Open L0700-TVM-ndx006
Open Home / index-190300
Open Home / index-1902v3
Open Home / index-151110
Open Home / ndx000.php
More about the TRUE VALUE METRICS initiative Open L070-TVM
More about TVM / Data at the Center Open L0700-TPB-c2003-Data-at-the-Center
More about L0700-TVM-ACTIVITY-CHANGE-IN-STATE (8kb) Open L0700-TVM-ACTIVITY-CHANGE-IN-STATE
More about L0700-CC-FLOW-PROCESS-CHANGEinSTATE (147kb) Open L0700-TVM-s-FLOW-PROCESS-CHANGEinSTATE
More about L0700-TVM-s2-about-the-Balance-Sheet (147kb) Open L0700-TVM-s2-about-the-Balance-Sheet
More about L0700-SEES-changes-over-time (22kb) Open L0700-MM-V-changes-over-time

MANAGING EXTERNALITIES
Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.


.
MANAGEMENT METRICS for PRODUCTS
PRODUCTS connect different pieces of the socio-enviro-economic system
GO TOP
L0700-TVM-H-How-double-entry-works Open L0700-TVM-H-How-double-entry-works
Data drives knowledge and understanding.
Data should be used to drive all the steps of decision making: (1) Plan; (2) Organize; and (3) Implement.
Progress is when the Post Activity status is better than the Pre Activity status.
Data should be flowing to inform at every possible stage where decisions may be made to improve performance.
Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.
.
Evidence that market mechanisms will solve all problems does not exist
Adam Smith's 'invisible hand' is a useful idea, but rarely applies in the modern world
where data are increasingly being employed for sophisticated decision making
Worse ... most products are now flowing through an economic system that is more concentrated than at any time in history, and the prices are optimized using technology (like AI with Big Data) so that the most powerful parts of the various supply chains maximize their profits. It serves these organizations well to support the myth of capitalist competition and free markets when the system is being gamed to maximize control and profits!
.
ANALYSIS and REPORTING
Open L0700-TVM-REPORTING
ANALYSIS AND REPORTING of PAYROLL
ANALYSIS AND REPORTING of ENERGY
ANALYSIS AND REPORTING of MATERIALS
.

Managing for ALL the
SOCIO-ENVIRO-ECONOMIC SYSTEM
Management Accounting designed to improve decision making where the priority is to improve quality of life for everyone and eliminate the unsustainability of a dangerously materialistic consumer economic system
Accounting that facilitates accountability
.

InPage Navigation / Site Navigation
The COMPLETE SOCIO-ENVIRO-EONOMIC SYSTEM
The COMPLETE SOCIO-ENVIRO-EONOMIC SYSTEM (SEES) Open L070-SEES-COMPLETE-SYSTEM
The SOCIO dimension of SEES Open L0700-SEES-SOCIO
The ENVIRO dimension of SEES Open L0700-SEES-ENVIRO
The ECONOMIC dimension of SEES Open L0700-SEES-ECONOMIC

ACTIVITIES GO InPage ACTIVITIES

MEASUREMENT MATTERS
Measure Change in State and you Measure Progress
No need for details about ACTIVITIES in order to measure PROGRESS. This is major simplification.
.
MEASURE PROGRESS FOR ALL THE CAPITALS
Economic Capital UP but Natural Capital DOWN
Consider these trends in SOCIO / ENVIRO / ECONOMIC STATE state over time
THE ACTUAL PAST PLUS a NO CHANGE FUTURE PLUS a BETTER FUTURE
SOCIAL CAPITAL and ECONOMIC CAPITAL have increased but NATURAL CAPITAL has been dangerously degraded. SOCIAL CAPITAL has been compromised by increasing inequality. Continuing in this way is an existential risk. There is a growing consensus that massive changes are essential, but most change initiatives are far too little and too slow. A better way is possible. This requires a system that enables prosperity without growth and every process improved so that production does less environmental damage
More and more DEPLETION and DEGRADATION of NATURAL CAPITAL is UNSUSTAINABLE
.


ALL the ACTORS GO TOP
About the ACTORS
Accounting to hold ACTORS accountable
Open L07-ACTORS-PEOPLE-ORGANIZATIONS
PEOPLE as ACTORS
It is PEOPLE who make decisions and get benefits (or not)
Open L0700-PE-AC-PEOPLE-as-ACTORS
ORGANIZATIONS as ACTORS
ORGANIZATIONS probably account for more than 90% of all economic activity
Open L0700-OG-AC-ORGANIZATIONS-as-ACTORS
GOVERNMENTS as ACTORS
GOVERNMENTS have a role to play ... but how big that role is debated
Open L0700-GO-AC-GOVERNMENTS-as-ACTORS

ALL the ACTIVITIES GO TOP
About the ACTIVITIES
Accounting to hold ACTIVITIES accountable
Open L07-ACTIVITIES-SECTORS-STREAMS
About STREAMS / STRANDS / STRINGS
Accounting for ALL the IMPACTS of STREAMS, STRANDS, STRINGS
Open L070-SS-STREAMS-STRANDS-STRINGS
About SECTORS / INDUSTRIES
Accounting for the efficiency of SECTORS and INDUSTRIES
Open L070-SI-SECTORS-INDUSTRIES
About PROCESSES
Accounting to hold PROCESSES accountable
Open L070-PC-PROCESSES
About PRODUCTS
Accounting to hold PRODUCTS accountable
Open L070-PD-PRODUCTS
About PLACES
Accounting about the PLACE
Open L070-PL-PLACES
About GOVERNMENT
Who makes decisions and how they are made
Open L070-GO-GOVERNMENT

ALL the CAPITAL
For ALL the Socio-Enviro-Economic System
Social Capital Natural Capital Economic Capital
ALL the CAPITALS
Open L07-STATE-ALL-THE-CAPITALS
SOCIAL CAPITAL Open L0700-CS-SC-SOCIAL-CAPITAL
NATURAL CAPITAL Open L0700-CS-NC-NATURAL-CAPITAL
ECONOMIC CAPITAL Open L0700-CS-EC-ECONOMIC-CAPITAL
The Main Segments of Capital GO TOP
SOCIAL CAPITAL (SC) Open L0700-CS-SC-SOCIAL-CAPITAL
Human Capital Open L0700-CS-SC-HC-HUMAN-CAPITAL
Relationship Capital Open L0700-CS-SC-RC-RELATIONSHIP-CAPITAL
Locational Capital Open L0700-CS-SC-LC-LOCATIONAL-CAPITAL
More details for SOCIAL CAPITAL More InPage
.
NATURAL CAPITAL (NC)
Natural Capital Open L0700-CS-NC-NATURAL-CAPITAL
More details for NATURAL CAPITAL More InPage
.
ECONOMIC-CAPITAL (EC) Open L0700-CS-EC-ECONOMIC-CAPITAL
Financial Capital Open L0700-CS-EC-FC-FINANCIAL-CAPITAL
Physical Capital Open L0700-CS-EC-PC-PHYSICAL-CAPITAL
Intangible Capital Open L0700-CS-EC-IC-INTANGIBLE-CAPITALS
Knowledge Capital Open L0700-CS-EC-IC-Knowledge-Capital
Institutional Capital Open L0700-CS-EC-IC-Institutional-Capital
Cultural Capital Open L0700-CS-EC-IC-Cultural-Capital
More details for ECONOMIC CAPITAL More InPage

More Details for SOCIAL CAPITAL GO TOP
SOCIAL CAPITAL (SC) Open L0700-CS-SC-SOCIAL-CAPITAL
Human Capital Open L0700-CS-SC-HC-HUMAN-CAPITAL
Relationship Capital Open L0700-CS-SC-RC-RELATIONSHIP-CAPITAL
Locational Capital Open L0700-CS-SC-LC-LOCATIONAL-CAPITAL

More Details for NATURAL CAPITAL GO TOP
NATURAL CAPITAL (NC)
Natural Capital Open L0700-CS-NC-NATURAL-CAPITAL
Air Open L0700-CS-NC-A-AIR-ATMOSPHERE
Biodiversity Open L0700-CS-NC-B-BIODIVERSITY
Climate Open L0700-CS-NC-E-CLIMATE
Climate ... historic timeline Open L0700-CS-NC-E-CLIMATE-historic-timeline
Ecosystem Services Open L0700-CS-NC-E-ECOSYSTEM
Forest-Resources Open L0700-CS-NC-R-forest-resources
Fossil Fuels Open L0700-CS-NC-R-fossil-fuels
Greenhouse Gases (GHGs) Open L0700-CS-NC-E-GHGs
Land Open L0700-CS-NC-L-LAND
Land ... Ecoregions Open L0700-CS-NC-L-Ecoregions
Mineral Resources Open L0700-CS-NC-R-minerals
Sun Open L0700-CS-NC-SUN
Water Open L0700-CS-NC-W-WATER

DEPLETION Open L0700-CS-NC1-DEPLETION
DEGRADATION Open L0700-CS-NC2-DEGRADATION
Governance Open L0700-CS-NC-GOVERNANCE
Sustainability Open L0700-CS-NC-Sustainability
Waste Open L0700-CS-NC-WASTE
Australia Open L0700-CS-NC-Australia

More Details for ECONOMIC CAPITAL GO TOP
ECONOMIC CAPITAL (EC) Open L0700-CS-EC-ECONOMIC-CAPITAL
Financial Capital Open L0700-CS-FC-FINANCIAL-CAPITAL
Physical Capital Open L0700-CS-PC-PHYSICAL-CAPITAL
Knowledge Capital Open L0700-CS-KC-KNOWLEDGE-CAPITAL
Institutional Capital Open L0700-CS-IC-INSTITUTIONAL-CAPITAL
Cultural Capital Open L0700-CS-CC-CULTURAL-CAPITAL

Navigation GO TOP
CORE CONCEPTS
Open L070-CC-CORE-CONCEPTS
TVM-accounting-for-past-present-future
Open L0700-TVM-accounting-for-past-present-future
TVM-ACTIVITY-CHANGE-IN-STATE
Open L0700-TVM-ACTIVITY-CHANGE-IN-STATE
.
Peter Burgess point of view circa 2003
c2003-Community-Development
Open L0700-TPB-c2003-Community-Development
c2003-Community-Complexity
Open L0700-TPB-c2003-Community-Complexity
c2003-Data-Flows-Analysis
Open L0700-TPB-c2003-Data-Flows-Analysis
c2003-Data-at-the-Center
Open L0700-TPB-c2003-Data-at-the-Center
c2003-Failing Development
Open L0700-TPB-c2003-Failing-Development
c2003-Relief-Development-(ORDA) Fund-Flows
Open L0700-TPB-c2003-ORDA-Fund-Flows
c2003-Process-Changing-State
Open L0700-TPB-c2003-Process-Changing-State
c2003-Process-Changing-State
Open L0700-TPB-c2003-Process-Changing-State-2
c2003-Process-Changing-State Open L0700-TPB-c2003-Process-Changing-State
c2003-zzzz ... unsorted / redundant material Open L0700-TPB-c2003-zzzz
.
Community Centric Sustainable Development
Open L0700-TVM-CCSD-elements-from-the-1990s
.
TVM-and-Integrated-Reporting
Open L0700-TVM-and-IR
TVM-and-TEST
Open L0700-TVM-and-TEST
TVM-and-UN-SDGs
Open L0700-TVM-and-UN-SDGs
TVM-and-UN-SDGs-02
Open L0700-TVM-and-UN-SDGs-02
.
TVM-about-CAPITALS-01
Open L0700-TVM-about-CAPITALS-01
TVM-about-CAPITALS-01
Open L0700-TVM-about-CAPITALS-02
L0700-MM-V-changes-over-time
Open L0700-MM-V-changes-over-time
.
.
TVM-for-GOVERNMENTS
Open L0700-TVM-for-GOVERNMENTS
TVM-for-NGO-ACCOUNTING
Open L0700-TVM-for-NGO-ACCOUNTING
TVM-for-NGOs
Open L0700-TVM-for-NGOs
TVM-for-PLACES
Open L0700-TVM-for-PLACES
TVM-for-SMEs
Open L0700-TVM-for-SMEs
TVM-for-SUPPLY CHAIN
Open L0700-TVM-for-SUPPLY-CHAIN
TVM-for-SUPPLY-CHAIN-2
Open L0700-TVM-for-SUPPLY-CHAIN-2
.
TVM comparison with conventional financial accounting
Open L0700-TVM-comparison-with-CFA
TVM-DATA-SOURCING
Open L0700-TVM-DATA-SOURCING
DEFINITIONS
HELPING TO UNDERSTAND WHAT EVERYTHING MEANS
Open L0700-TVM-Definitions
How Double Entry Accounting Works
Open L0700-TVM-how-double-entry-works
TVM-IMPACT-ACCOUNTING
Open L0700-TVM-IMPACT-ACCOUNTING
TVM-measuring-progress
Open L0700-TVM-measuring-progress
Example of production flow
Open L0700-TVM-example-of-production-flow
TVM-MNGT-ACCOUNTING
Open L0700-TVM-MNGT-ACCOUNTING
TVM-TBL-3P-ALL-the-CAPITALS
Open L0700-TVM-TBL-3P-ALL-the-CAPITALS
TVM-VALUE-ACCOUNTING
Open L0700-TVM-VALUE-ACCOUNTING
Units of Account Open L0700-TVM-UA-UNITS-OF-ACCOUNT
Standard Value Profiles for PRODUCTS Open L0700-TVM-SV-STANDARD-VALUE-PROFILES
TVM Comprehensive Liquidity System Open L0700-TVM-COMPREHENSIVE-LIQUIDITY-SYSTEM
Webpage archive
ndx001 / HOW ACCOUNTING WORKS Open L0700-TVM-ndx001
ndx002 / COMPLEX WORLD - HOW TO MAKE IT WORK Open L0700-TVM-ndx002
TVM for ALL the CAPITALS Open L0700-TVM-for-ALL-the-CAPITALS
ndx003 / ALTERNATIVE NAVIGATION ... CONTEXT / SYSTEM / METRICS / TEAM Open L0700-TVM-ndx003
ndx004 / ALTERNATIVE NAVIGATION ... Text Open L0700-TVM-ndx004
ndx005 / Navigation menu archive Open L0700-TVM-ndx005
ndx006 / COMPLEX WORLD ... HOW TO MAKE IT BETTER Open L0700-TVM-ndx006
  • Management is the Art of Making Changes to Achieve Improvement
  • Collect and Analyze Data to Understand How Things Work
  • Expand the GOOD ... Eliminate the BAD
Site Navigation
TOP LEVEL NAVIGATION TABLE Open L07-00-Navigation
CONTEXT / ISSUES / POSSIBILITIES
SOME GOOD / SOME BAD
Open L07-CONTEXT-ISSUES-POSSIBILITIES
HOW THE WORLD WORKS
VARY COMPLEX ... VERY POWERFUL
Open L07-HOW-SEES-WORKS
ACTIVITIES / SECTORS / STREAMS
EVERY ACTIVITY HAS IMPACT ... BOTH GOOD AND BAD
Open L07-ACTIVITIES-SECTORS-STREAMS
STATE / ALL THE CAPITALS
ALL of the SOCIAL, NATURAL AND ECONOMIC CAPITALS
Open L07-STATE-ALL-THE-CAPITALS
ACTORS / PEOPLE / ORGANIZATIONS
ALL ACTORS SHOULD BE NET CONTRIBUTORS
Open L07-ACTORS-PEOPLE-ORGANIZATIONS
PRODUCTS / STUFF / CONSUMPTION
ENOUGH IS IMPORTANT AND GOOD ... BUT NOT MORE AND MORE AND MORE
Open L07-PRODUCTS-STUFF-CONSUMPTION
PLACE / COMMUNITIES / COUNTRIES
WHERE LIFE IS LIVED
Open L07-PLACE-COMMUNITIES-COUNTRIES
PEOPLE / QUALITY OF LIFE
THE TOP PRIORITY
Open L07-PEOPLE-QUALITY-OF-LIFE
NATURE / SOURCE OF ALL VALUE
WITHOUT NATURE, THERE IS NOTHING
Open L07-NATURE-SOURCE-OF-ALL-VALUE
ECONOMY / MONEY / LIQUIDITY
ONLY A PART OF WHAT MATTERS
Open L07-ECONOMY-MONEY-LIQUIDITY
TRUE VALUE / DATA AT THE CENTER
YOU MANAGE WHAT YOU MEASURE
Open L07-TRUE-VALUE-DATA-at-the-CENTER
ABOUT / VISION / STRATEGY
A BETTER WORLD IS POSSIBLE
Open L07-ABOUT-VISION-STRATEGY
Site Navigation
AMAZING POSSIBILITIES
A WORLD OF GOOD PEOPLE AND VERY POWERFUL TECHNOLOGY
Open L070-AP-AMAZING-POSSIBILITIES
CREDITS and DEBITS of VALUE
HOW ECONOMIC ACTIVITIES IMPACT EVERYTHING
Open L070-CD-CREDITS-and-DEBITS-of-VALUE
CAPITAL / STATE
IMPROVEMENT IN STATE IS PROGRESS
Open L070-CS-CAPITAL-STATE
COSTS-EXPENSES
COSTS AND EXPENSES
Open L070-CX-COSTS-EXPENSES
DEFINITIONS
Open L070-DEFINITIONS
DIALOG
Open L070-DIALOG
ENGINEERING-TECHNOLOGY
Open L070-ET-ENGINEERING-TECHNOLOGY
EVENTS
Open L070-EV-EVENTS
GOVERNMENT
Open L070-GO-GOVERNMENT
INFRASTRUCTURE
Open L070-IF-INFRASTRUCTURE
INTERESTING-IDEAS
Open L070-II-INTERESTING-IDEAS
ISSUES-SUBJECTS
Open L070-IS-ISSUES-SUBJECTS
KEY-EVENTS
Open L070-KE-KEY-EVENTS
KNOWLEDGE
Open L070-KN-KNOWLEDGE
METRICS / ACCOUNTANCY
VERY POWERFUL BUT ONLY ABOUT PROFITS AND FINANCIAL CAPITAL
Open L070-MA-METRICS-ACCOUNTANCY
METRICS / GOALS
A STARTING POINT ... A SMALL PART OF A LONG PROCESS
Open L070-MG-METRICS-GOALS
MONEY-LIQUIDITY
A STARTING POINT ... A SMALL PART OF A LONG PROCESS
Open L070-ML-MONEY-LIQUIDITY
METRICS for INVESTMENT
ESSENTIAL TO MAINSTREAM IMPACT INVESTMENT
Open L070-MV-METRICS-for-INVESTMENT
ORGANIZATIONS
Open L070-OG-ORGANIZATIONS
OVERVIEW-HISTORY-9
Open L070-OVERVIEW-HISTORY-9
PROCESSES
Open L070-PC-PROCESSES
PRODUCTS
Open L070-PD-PRODUCTS
PEOPLE
Open L070-PE-PEOPLE
PLACES
Open L070-PL-PLACES
PP ... PROGRESS / PERFORMANCE
Open L070-PP-PROGRESS-PERFORMANCE
PS ... PERSPECTIVES
Open L070-PS-PERSPECTIVES
PU ... What is the PURPOSE of?
SHOULD BE A LOT MORE THAN MORE PROFIT
Open L070-PU-What-is-the-PURPOSE-of
QN ... QUANTIFICATION / NUMBERING
WITHOUT NUMBERS, MANAGEMENT IS IMPOSSIBLE
Open L070-QN-QUANTIFICATION-NUMBERING
QUALITY-STANDARDS
Open L070-QUALITY-STANDARDS
L070-SEES-COMPLETE-SYSTEM
Open L070-SEES-COMPLETE-SYSTEM
L070-SI-SECTORS-INDUSTRIES
Open L070-SI-SECTORS-INDUSTRIES
L070-SS-STREAMS-STRANDS-STRINGS
Open L070-SS-STREAMS-STRANDS-STRINGS
STANDARD VALUE PROFILES
ANALOGOUS TO STANDARD COSTS
Open L070-SV-STANDARD-VALUE-PROFILE
TRANSPARENCY and ACCOUNTABILITY
AN IMPORTANT PART OF THE SYSTEM ... BUT VERY WEAK AND INEFFECTIVE
Open L070-TA-TRANSPARENCY-ACCOUNTABILITY
TPB / PETER BURGESS
TO COME
Open L070-TPB-PETER-BURGESS
L070-TPB-c2003
??????????????
Open L070-TPB-c2003
TEAM / TEAMWORK
TO COME
Open L070-TT-TEAM-TEAMWORK
TRUE VALUE METRICS
ENHANCED METRICS FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
UNITS OF ACCOUNT
ECONOMIC VALUE (MONEY) / SOCIAL VALUE / ENVIRONMENTAL VALUE
Open L070-UA-UNITS-OF-ACCOUNT
L070-XR-EXISTENTIAL-RISKS
Open L070-XR-EXISTENTIAL-RISKS
L070-XT-EXCHANGE-TRADE
Open L070-XT-EXCHANGE-TRADE
Site Navigation
CORE CONCEPTS
FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
Open L0700-TVM-CC-CORE-CONCEPTS

DATA - THE FOUNDATION FOR
MANAGEMENT METRICS THAT WORK
GO TOP


DATA at the CENTER

DATA for EVERYTHING
DATA at the CENTER
Data have the potential to make the world a better place.
Data are very powerful with the potential to enable immense harm as well as good.
For management, the role of data is to inform understanding that enables effective action.
Data should be used to drive all the steps of decision making: (1) Plan; (2) Organize; and (3) Implement.
Data are used one way for reporting progress and performance, and are used in a completely different way to inform operational management and decision making.
Data drives knowledge and understanding.
Data should be flowing to inform at every possible stage where decisions may be made to improve performance.
More about the TRUE VALUE METRICS initiative Open L070-TVM
More about TVM / Data at the Center Open L0700-TPB-c2003-Data-at-the-Center
More about L0700-TVM-ACTIVITY-CHANGE-IN-STATE (8kb) Open L0700-TVM-ACTIVITY-CHANGE-IN-STATE
More about L0700-CC-FLOW-PROCESS-CHANGEinSTATE (147kb) Open L0700-TVM-s-FLOW-PROCESS-CHANGEinSTATE
More about L0700-TVM-s2-about-the-Balance-Sheet (147kb) Open L0700-TVM-s2-about-the-Balance-Sheet
More about L0700-SEES-changes-over-time (22kb) Open L0700-MM-V-changes-over-time
MANAGING EXTERNALITIES

Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.


.
MANAGEMENT METRICS for PRODUCTS
PRODUCTS connect different pieces of the socio-enviro-economic system
GO TOP
Data drives knowledge and understanding.
Data should be used to drive all the steps of decision making: (1) Plan; (2) Organize; and (3) Implement.
Progress is when the Post Activity status is better than the Pre Activity status.
Data should be flowing to inform at every possible stage where decisions may be made to improve performance.
Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.
.
Evidence that market mechanisms will solve all problems does not exist
Adam Smith's 'invisible hand' is a useful idea, but rarely applies in the modern world
where data are increasingly being employed for sophisticated decision making
Worse ... most products are now flowing through an economic system that is more concentrated than at any time in history, and the prices are optimized using technology (like AI with Big Data) so that the most powerful parts of the various supply chains maximize their profits. It serves these organizations well to support the myth of capitalist competition and free markets when the system is being gamed to maximize control and profits!
.
NAVIGATION SUMMARY GO TOP
MANAGEMENT / DATA at the CENTER
YOU CAN'T MANAGE WHAT YOU DON'T MEASURE
TRUE VALUE METRICS / TVM
TVM ... ENHANCING CONVENTIONAL ACCOUNTANCY
Open L070-TVM
CORE CONCEPTS
FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
Open L0700-TVM-CC-CORE-CONCEPTS
What is the PURPOSE of?
SHOULD BE A LOT MORE THAN MORE PROFIT
Open L070-PU-What-is-the-PURPOSE-of
QUANTIFICATION / NUMBERING
WITHOUT NUMBERS, MANAGEMENT IS IMPOSSIBLE
Open L070-QN-QUANTIFICATION-NUMBERING
METRICS / ACCOUNTANCY
VERY POWERFUL BUT ONLY ABOUT PROFITS AND FINANCIAL CAPITAL
Open L070-MA-METRICS-ACCOUNTANCY
METRICS / GOALS
A GOOD STARTING POINT
Open L070-MG-METRICS-GOALS
UNITS OF ACCOUNT
ECONOMIC VALUE (MONEY) / SOCIAL VALUE / ENVIRONMENTAL VALUE
Open L070-UA-UNITS-OF-ACCOUNT
STANDARD VALUE PROFILES
ANALOGOUS TO STANDARD COSTS
Open L070-SV-STANDARD-VALUE-PROFILE
.
Site Navigation
MANAGEMENT / DATA at the CENTER
YOU CAN'T MANAGE WHAT YOU DON'T MEASURE
Open L07-MANAGEMENT-DATA-at-the-CENTER
TRUE VALUE METRICS
ENHANCED METRICS FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
METRICS for MANAGEMENT
WITHOUT METRICS ... IMPOSSIBLE TO MANAGE
Open L070-MM-METRICS-for-MANAGEMENT
What is the PURPOSE of?
SHOULD BE A LOT MORE THAN MORE PROFIT
Open L070-PU-What-is-the-PURPOSE-of
METRICS / ACCOUNTANCY
VERY POWERFUL BUT ONLY ABOUT PROFITS AND FINANCIAL CAPITAL
Open L070-MA-METRICS-ACCOUNTANCY
QUANTIFICATION / NUMBERING
WITHOUT NUMBERS, MANAGEMENT IS IMPOSSIBLE
Open L070-QN-QUANTIFICATION-NUMBERING
UNITS OF ACCOUNT
ECONOMIC VALUE (MONEY) / SOCIAL VALUE / ENVIRONMENTAL VALUE
Open L070-UA-UNITS-OF-ACCOUNT
STANDARD VALUE PROFILES
ANALOGOUS TO STANDARD COSTS
Open L070-SV-STANDARD-VALUE-PROFILE
METRICS / GOALS
A STARTING POINT ... A SMALL PART OF A LONG PROCESS
Open L070-MG-METRICS-GOALS
METRICS for INVESTMENT
ESSENTIAL TO MAINSTREAM IMPACT INVESTMENT
Open L070-MV-METRICS-for-INVESTMENT
TRANSPARENCY and ACCOUNTABILITY
AN IMPORTANT PART OF THE SYSTEM ... BUT VERY WEAK AND INEFFECTIVE
Open L070-TA-TRANSPARENCY-ACCOUNTABILITY
CORE CONCEPTS
FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
Open L0700-TVM-CC-CORE-CONCEPTS
.
Paying attention to what matters
Issues / Subjects
More ideas than the funding for their development and deployment
Open L070-IS-ISSUES-SUBJECTS
Existential Risks
The foundation for all corporate management systems
Open L070-XR-EXISTENTIAL-RISKS
Interesting Ideas
More ideas than the funding for their development and deployment
Open L070-II-INTERESTING-IDEAS
.
How Double Entry Accountancy Works
Core Concepts
The foundation for all corporate management systems
Open L0700-TVM-CC-CORE-CONCEPTS
How Double Entry Works
Clarity between STATE and FLOWS
Open L0700-TVM-how-double-entry-works
Accounting for the Past, Present and Future
Opening balance sheet. P&L account, and closing balance sheet
Open L0700-TVM-accounting-for-past-present-future
.
Accounting for ALL the ACTIVITIES INPAGE
Mining
Steel
Steel
Steel
Aero Engines
Steel
Accounting / Accountability for ALL the ACTIVITIES
More about ACTIVITIES in the Socio-Enviro-Economic System Open L07-HOW-SEES-WORKS
The COMPLETE Socio-Enviro-Economic System Open L070-SEES-COMPLETE-SYSTEM
ACTIVITIES / SOCIAL IMPACT Open L0700-SEES-SOCIO
ACTIVITIES / ENVIRONMENTAL IMPACT Open L0700-SEES-ENVIRO
ACTIVITIES / ECONOMIC IMPACT Open L0700-SEES-ECONOMIC
.
More about ACTIVITIES, PROCESSES, SECTORS, etc. Open L07-ACTIVITIES-SECTORS-STREAMS
More about STREAMS, STRANDS, STRINGS Open L070-SS-STREAMS-STRANDS-STRINGS
More about SECTORS, INDUSTRIES Open L070-SI-SECTORS-INDUSTRIES
More about PROCESSES Open L070-PC-PROCESSES
More about PRODUCTS Open L070-PD-PRODUCTS
.
.
Accounting for ALL the elements of CAPITAL
Social Capital
Natural Capital
Economic Capital
Navigation for ALL the CAPITALS
Accountability for ALL the CAPITALS Open L07-STATE-ALL-THE-CAPITALS
Direct navigation for SOCIAL CAPITAL Open L0700-CS-SC-SOCIAL-CAPITAL
Direct navigation for NATURAL CAPITAL Open L0700-CS-NC-NATURAL-CAPITAL
Direct navigation for ECONOMIC CAPITAL Open L0700-CS-EC-ECONOMIC-CAPITAL
.
ANALYSIS and REPORTING
Open L0700-TVM-REPORTING
ANALYSIS AND REPORTING of PAYROLL
ANALYSIS AND REPORTING of ENERGY
ANALYSIS AND REPORTING of MATERIALS
.
Accounting for ALL the ACTORS
People / Society
Natural Systems
Wall Street
.
PROGRESS AND PERFORMANCE (P&P)
REPORTING OF P&P ... PERIODIC SUMMARIES
MANAGING FOR P&P IMPROVEMENT ... DISAGGREGATED DETAIL

Measure Change in State and you Measure Progress

Measuring Progress and Performance Open L0700-TVM-PP-Measuring-Progress-Performance
... for the BUSINESS ORGANIZATION Open L0700-TVM-PP-Business
... for the PLACE TO COME Open L0700-TVM-PP-Place
... for the INDIVIDUAL TO COME Open L0700-TVM-PP-Individual
... for the SOCIETY TO COME Open L0700-TVM-PP-SOCIAL
... for PRODUCTS TO COME Open L0700-TVM-PP-Products
PROGRESS AND PERFORMANCE
THE COMPLETE SOCIO-ENVIRO-ECONOMIC SYSTEM
PROGRESS AND PERFORMANCE OF THE ECONOMY
GDP growth has been strong ... but does not correlate well with quality of life and standard of living in wealthy mature economies
Open L0700-TVM-PP-ECONOMY
PROGRESS AND PERFORMANCE OF THE ENVIRONMENT
Degradation of the environment has been ignored for most of modern history. There is a growing appreciation that this is not sustainable.
Open L0700-TVM-PP-ENVIRONMENT
PROGRESS AND PERFORMANCE OF THE FINANCIAL ECONOMY
There are powerful metrics about financial performance ... but nothing of equivalent power for other segments of the system
Open L0700-TVM-PP-FINANCIAL-ECONOMY
PROGRESS AND PERFORMANCE OF SOCIETY
Some elements of society have progressed well, but too many parts of society are not working well. The potential for major social dysruption must be addressed
Open L0700-TVM-PP-SOCIETY
.
Accounting for PAST, PRESENT and FUTURE
Accounting for PAST, PRESENT and FUTURE Open L0700-TVM-accounting-for-past-present-future
.
CORE CONCEPTS
ACCOUNTANCY CONCEPTS BASIS FOR EVERYTHING
ALL the CAPITALS ... ALL the ACTIVITIES ... ALL the ACTORS
More about CORE CONCEPTS Open L0700-TVM-CC-CORE-CONCEPTS
.
INTERESTING IDEAS
IDEAS ABOUT WAYS TO ACHIEVE AND/OR DESCRIBE A BETTER WORLD
More about INTERESTING IDEAS Open L070-II-INTERESTING-IDEAS
.
THE MODERN WORLD IS UNSUSTAINABLE
THERE IS AN UNGENT NEED FOR RAPID, SIGNIFICANT CHANGE TO AVOID AN EXISTENTIAL CRISIS
L070-MA-METRICS-ACCOUNTANCY
A powerful framing of data to enable effective understanding
Open L070-MA-METRICS-ACCOUNTANCY
L070-MG-METRICS-GOALS
A step towards managing performance ... but not sufficient in themselves
Open L070-MG-METRICS-GOALS
L070-MM-METRICS-MANAGEMENT
The right metrics are essential for efficienty successful change
Open L070-MM-METRICS-MANAGEMENT
L070-MR-METRICS-REPORTING
Reporting is often mandated by law, but not sufficient for effective management.
Open L070-MR-METRICS-REPORTING
L070-MV-METRICS-INVESTMENT
There are metrics for financial investment, but not social and environmental investment.
Open L070-MV-METRICS-INVESTMENT
L070-ML-MONEY-LIQUIDITY
Money is NOT a measure. The role of money is economic liquidity.
Open L070-ML-MONEY-LIQUIDITY

MORE NAVIGATION GO TOP
L070-MA-METRICS-ACCOUNTANCY Open L070-MA-METRICS-ACCOUNTANCY
L0700-MA-ACCOUNTING-OVERVIEW Open L0700-MA-ACCOUNTING-OVERVIEW
L0700-MA-CARBON-ACCOUNTING Open L0700-MA-CARBON-ACCOUNTING
L0700-MA-FINANCIAL-ACCOUNTANCY Open L0700-MA-FINANCIAL-ACCOUNTANCY
L0700-MA-COST-MNGT-ACCOUNTING Open L0700-MA-COST-MNGT-ACCOUNTING
L0700-MA-ECONOMIC-ANALYSIS Open L0700-MA-ECONOMIC-ANALYSIS
L0700-MA-ECONOMIC-PERFORMANCE Open L0700-MA-ECONOMIC-PERFORMANCE
L0700-MA-ENVIRONMENTAL-ACCOUNTING Open L0700-MA-ENVIRONMENTAL-ACCOUNTING
L0700-MA-FINANCIAL Open L0700-MA-FINANCIAL
L0700-MA-IMPACT-INVESTMENT-ANALYSIS Open L0700-MA-IMPACT-INVESTMENT-ANALYSIS
L0700-MA-INVESTMENT-ANALYSIS Open L0700-MA-INVESTMENT-ANALYSIS
L0700-MA-MANAGEMENT Open L0700-MA-MANAGEMENT
L0700-MA-NATIONAL-ACCOUNTS Open L0700-MA-NATIONAL-ACCOUNTS
NATURAL CAPITAL ACCOUNTING Open L0700-MA-NATURAL-CAPITAL-ACCOUNTING
L0700-MA-STANDARD-COST-ACCOUNTING Open L0700-MA-STANDARD-COST-ACCOUNTING
L0700-MA-SUSTAINABILITY-ACCOUNTING Open L0700-MA-SUSTAINABILITY-ACCOUNTING

L070-MG-METRICS-GOALS Open L070-MG-METRICS-GOALS
L0700-MG-MDGs Open L0700-MG-MDGs
L0700-MG-SDGs Open L0700-MG-SDGs
L0700-MG-TVM-and-UN-SDGs Open L0700-TVM-and-UN-SDGs
L0700-MG-TVM-and-UN-SDGs-02 Open L0700-TVM-and-UN-SDGs-02

L070-ML-MONEY-LIQUIDITY Open L070-ML-MONEY-LIQUIDITY
L0700-ML-ALTERNATIVE-CURRENCIES Open L0700-ML-ALTERNATIVE-CURRENCIES
L0700-ML-CC-CRYPTOCURRENCIES Open L0700-ML-CC-CRYPTOCURRENCIES
L0700-ML-CC-Bitcoin Open L0700-ML-CC-Bitcoin
L0700-ML-CC-Ethereum Open L0700-ML-CC-Ethereum
L0700-ML-CURRENCIES Open L0700-ML-CURRENCIES
L0700-ML-FINANCE Open L0700-ML-FINANCE
L0700-ML-FINANCIAL-INCLUSION Open L0700-ML-FINANCIAL-INCLUSION
L0700-ML-VALUE-BASED-CURRENCY-UNITS Open L0700-ML-VALUE-BASED-CURRENCY-UNITS

L0700-TVM-MA-MANAGEMENT-ACCOUNTING Open L0700-TVM-MA-MANAGEMENT-ACCOUNTING
L0700-MM-POS-INFORMATION Open L0700-MM-POS-INFORMATION
L0200-MT-METRICS Open L0200-MT-METRICS

L070-MR-METRICS-REPORTING Open L070-MR-METRICS-REPORTING
L0700-MR-ESG / ENVIRONMENT, SOCIAL, & GOVERNANCE Open L0700-MR-ESG
L0700-MR-EVA / ECONOMIC VALUE ADD Open L0700-MR-EVA
L0700-MR-GDP / GROSS DOMESTIC PRODUCT
The most used economic metric, but recognized for many decades as deeply flawed.
Open L0700-MR-GDP
L0700-MR-GNH / GROSS NATIONAL HAPPINESS Open L0700-MR-GNH
L0700-MR-GPI / GENUINE PROGRESS INDICATOR Open L0700-MR-GPI
L0700-MR-GRI / GLOBAL REPORTING INITIATIVE Open L0700-MR-GRI
L0700-MR-IR-Integrated-Reporting / INTEGRATED REPORTING
Open L0700-MR-IR-Integrated-Reporting

L070-MV-METRICS-INVESTMENT Open L070-MV-METRICS-INVESTMENT

CONVENTIONAL FINANCIAL ACCOUNTING
CONVENTIONAL CORPORATE MANAGEMENT METRICS
GO TOP

CORE CONCEPTS
FROM ACCOUNTANCY, ENGINEERING THERMODYNAMICS AND SCIENCE
GO TOP
Navigation to more about CORE CONCEPTS Open L07O0-TVM-CC-CORE-CONCEPTS
L0700-CC-CONTINUOUS-IMPROVEMENT
L0700-CC-CONTINUOUS-IMPROVEMENT
Open L0700-CC-CONTINUOUS-IMPROVEMENT
COMPARISON TVIA -V- CONVENTIONAL-ACCOUNTANCY
L0700-CFA-comparison-with-TVIA
Open L0700-CFA-comparison-with-TVIA
L0700-MT-MNGT-ACCOUNTING
L0700-MT-MNGT-ACCOUNTING
Open L0700-MT-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-FEEDBACK
L0700-CC-FEEDBACK
Open L0700-CC-FEEDBACK
L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-OPERATIONS-PandL-ACCOUNT PLACEHOLDER
Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
L0700-CC-PROCESSES
L0700-CC-PROCESS
Open L0700-CC-PROCESSES
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-BALANCE-SHEET
L0700-CC-BALANCE-SHEET PLACEHOLDER !!!
Open L0700-CC-BALANCE-SHEET
L0700-TVM-REPORTING
L070-RE-REPORTING-ENTITIES
Open L0700-TVM-REPORTING
L070-UA-UNITS-OF-ACCOUNT
L070-UA-UNITS-OF-ACCOUNT
Open L070-UA-UNITS-OF-ACCOUNT

REPORTING ENTITIES GO TOP
REPORTING ENTITIES
REPORTING FOR ORGANIZATIONS, PEOPLE, PLACES, PROCESSES, PRODUCTS, STREAMS

Also PROJECTS, PROGRAMS and POLICIES

In conventional accounting there are established rules for reporting for the reporting entity. For example, all corporate business organizations report financial performance including the transactions that relate to the organization but excluding transactions that are outsie the 'reporting envelope'. Rules have been established to handle complex corporate structures involving subsidiaries that are both wholly owned, and those with outside stockholders. In TVIA these ideas are expanded to enable coherent reporting not only for the business organization but for all the various entities that make up the complete socio-enviro-economic system.
Open L0700-TVM-RE-REPORTING-ENTITIES
ORGANIZATIONS
PURPOSE SHOULD BE MORE THAN JUST MAXIMIZING PROFIT
Open L0700-RE-ORGANIZATIONS
PEOPLE
THE MAIN PURPOSE OF EVERYTHING IS TO IMPROVE QUALITY OF LIFE FOR PEOPLE
Open L0700-RE-PEOPLE
PLACES
WHERE EVERYTHING COMES TOGETHER ... THE PEOPLE LIVE. ORGANIZATIONS PRODUCE AND POLLUTE
Open L0700-RE-PLACES
PROCESSES
WHERE AMAZING TECHNOLOGY SHOULD BE APPLIED FOR COMPREHENSIVE EFFICIENCY
Open L0700-RE-PROCESSES
PRODUCTS
PRODUCTS FLOW THROUGH THE SYSTEM, AND THROUGH USE DELIVER VALUE TO PEOPLE AND SOCIETY
Open L0700-RE-PRODUCTS
STRANDS
EVERYTHING HAS AN IMPACT ON EVERYTHING ELSE
PORTFOLIOS
Investor decisions are critical for better business ESG performance
Open L0700-RE-PORTFOLIOS
PROJECTS
Appropriate for activities that are time limited
PROGRAMS
Needed for program accountability
Open L0700-RE-PROGRAMS
POLICY
Needed for accountability with respect to policy
Open L0700-RE-POLICY

UNITS OF ACCOUNT GO TOP
UNITS OF ACCOUNT
MORE POWERFUL THAN MONETIZING IMPACT
Conventional financial accounting uses money as its unit of account, and there are established methods for the use of multiple currencies when this is needed because of the nature of the business.
With TVIA, multiple UNITS OF ACCOUNT are used in a similar way to account for the way in which different activities impact ALL the CAPITALS that make up the SOCIO-ENVIRO-ECONOMIC SYSTEM. This is more powerful and more flexible than the idea of valuing everything using money and markets
Open L070-UA-UNITS-OF-ACCOUNT
MONEY
Long history as the foundation for ALL economic measurement ... but in need of complementary metrics to address all issues
Open L0700-UA-MONEY
A UNIT OF ACCOUNT FOR LIFE AND QUALITY OF LIFE
LIFE and QUALITY OF LIFE are the most important measure of PROGRESS and PERFORMANCE
Open L0700-UA-HUMAN-CAPITAL
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - LAND
LAND IS LIMITED and there are many alternative uses that are required in a sustainable system.
Open L0700-UA-LAND
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - WATER
WATER is vital for human life as well as for production in both people built systems and in natural systems
Open L0700-UA-WATER
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - AIR
Degradation of CLEAN AIR has consequences including deterioration of human health
Open L0700-UA-AIR
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - CLIMATE / GHG
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-CLIMATE-GHG
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - BIODIVERSITY
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-BIODIVERSITY
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - ECO-SYSTEM SERVICES
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-ECOSYSTEM-SERVICES
A UNIT OF ACCOUNT FOR NATURAL CAPITAL - NATURAL RESOURCE DEPLETION
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
Open L0700-UA-NATURAL-RESOURCE-DEPLETION

STANDARD VALUE PROFILES GO TOP
STANDARD VALUE PROFILES
AN OPEN ACCESS DATABASE FOR STANDARD VALUE PROFILES FOR EVERYTHING
Open L070-SV-STANDARD-VALUE-PROFILES
STANDARD VALUE PROFILE DATABASE
CRITICAL DATA ABOUT THE TRUE COSTS AND VALUE OF EVERY PRODUCT ON THE PLANET
Well managed companies know a lot about every product that is flowing into their organizations and being produced for sale. There is nothing like this level of knowedgle about the products that are flowing through society and having impact on people and the environment.
In companies one technique for documenting knowledge about products is the idea of Standard Costs which is powerful and relatively low cost. In the TVIA data architecture, the equivalent are STANDARD VALUE PROFILES.

TRENDS / PROGRESS AND PERFORMANCE
TRENDS / PROGRESS AND PERFORMANCE OF THE SOCIO-ENVIRO-ECONOMIC SYSTEM

POSSIBIITIES HAVE BEEN HUGE ... ACCOMPLISHMENTS HAVE BEEN MUNDANE BY COMPARISON
GO TOP

METRICS GO TOP
METRICS
WITHOUT MEASURES, THERE IS NO MANAGEMENT / MEASURES FOR EVERYTHING ... NOT MERELY MONEY

How we talk about progress and performance ... or not? When numbers about state, 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.

TRUE VALUE IMPACT ACCOUNTING (TVIA)
ABOUT TRUE VALUE IMPACT ACCOUNTING ... STATE, PROGRESS AND PERFORMANCE FOR EVERYTHING
GO TOP
TRUE VALUE METRICS
A COMPREHENSIVE COHERENT ARCHITECTURE FOR THE METRICS WE NEED FOR THE 21ST CENTURY
An accounting system based on the essential core concepts of double entry accounting
Multi dimension, multi perspective taking into account everything
All the capitals, not just financial capital
Open L07-TVIA
TVM for COMPANIES Open L0700-TVM-COMPANIES
TVM for GOVERNMENTS Open L0700-TVM-GOVERNMENTS
TVM ... IMPACT ACCOUNTING Open L0700-TVM-IMPACT-ACCOUNTING
TVM ... Management Accounting Open L0700-TVM-MNGT-ACCOUNTING
TVM ... NGO Accounting Open L0700-TVM-NGO-ACCOUNTING
TVM for NGOs Open L0700-TVM-NGOs
TVM for PLACES Open L0700-TVM-PLACES
TVM for SMEs Open L0700-TVM-SMEs
TVM ... Value Accounting Open L0700-TVM-VALUE-ACCOUNTING

INITIATIVES DEVELOPING METRICS
SEVERAL HUNDRED ORGANIZATIONS INVOLDED IN DEVELOPING / APPLYING METRICS
GO TOP
METRICS ... A COLLECTION OF INITIATIVES RELATED TO METRICS
SEVERAL HUNDRED ORGANIZATIONS INVOLDED IN DEVELOPING / APPLYING METRICS
Open L0200-METRICS
n8-METRICS-ByOrganization
n8-METRICS-ByOrganization
Open n8-METRICS-ByOrganization
n8-METRICS-ByPeople
n8-METRICS-ByPeople
Open n8-METRICS-ByPeople
n8-METRICS-ByTheme
n8-METRICS-ByTheme
Open n8-METRICS-ByTheme

SPECIALIZED SYSTEMS FOR ACCOUNTING AND REPORTING GO TOP
SPECIALIZED SYSTEMS FOR ACCOUNTING AND REPORTING
Examples of many different types of accounting and reporting
GO TOP
CARBON-ACCOUNTING
L0M00-CARBON-ACCOUNTING
Open L0M00-CARBON-ACCOUNTING
ENVIRONMENTAL-ACCOUNTING
L0M00-ENVIRONMENTAL-ACCOUNTING
Open L0700-MA-ENVIRONMENTAL-ACCOUNTING
SUSTAINABILITY-ACCOUNTING
L0M00-SUSTAINABILITY-ACCOUNTING
Open L0700-MA-SUSTAINABILITY-ACCOUNTING
ECONOMIC-PERFORMANCE
L0M00-ECONOMIC-PERFORMANCE
... GDP
... GPI
Open L0M00-ECONOMIC-PERFORMANCE
FINANCIAL PERFORMANCE of the ORGANIZATION
L0M00-FINANCIAL
Open L0M00-FINANCIAL
MANAGEMENT METRICS
L0M00-MANAGEMENT
Open L0M00-MANAGEMENT
NATIONAL LEVEL PERFORMANCE
L0M00-NATIONAL
Open L0M00-NATIONAL
ECONOMIC-PERFORMANCE / GDP (GROSS DOMESTIC PRODUCT)
L0M00-GDP
Open L0M00-ECONOMIC-PERFORMANCE
ECONOMIC-PERFORMANCE / GPI (GENUINE PROGRESS INDICATOR)
L0M00-GPI
Open L0M00-ECONOMIC-PERFORMANCE

WORLD BANK / UNITED NATIONS / OECD METRICS GO TOP
WORLD BANK / UNITED NATIONS / OECD METRICS
A huge amount of data at the country level ... rather little below this level
GO TOP

TCFD Implementation Guide ...
Using SASB Standards and the CDSB Framework to Enhance Climate-Related Financial Disclosures in Mainstream Reporting
This paper is the first in a series of practical, TCFD-focused resources CDSB and SASB intend to develop and make available in the coming months and years, as climate-related tools and reporting practices continue to mature.
By offering how-to guidance, this publication aims to help companies enhance the robustness, consistency, comparability, and utility of TCFD implementation and reporting through SASB and CDSB’s market-tested frameworks, standards and resources.
Regardless of whether an organization has a sophisticated approach to managing climate risks and opportunities or is just getting started, it can use this guidance to move forward in supporting improved decision-making, enhanced market resilience, and more sustainable economic growth.

TCFD-implementation-guide-2019-sasb-cdsb Open PDF ... TCFD-implementation-guide-2019-sasb-cdsb

HISTORY OF THINKING ABOUT BETTER METRICS GO TOP

OVERVIEW
EARLY HISTORY OF THINKING ABOUT BETTER METRICS

A recognition that conventoinal money based financial accounting could not do accountability for a complex system
OVERVIEW / HISTORY
OVERVIEW HISTORY
OVERVIEW-HISTORY-0
Open L070-OVERVIEW-HISTORY-0
.
Reporting 3.0
Navigation to more resources related to Reporting 3.0
Open L0500-Reporting-3-0
.
Site Navigation
ECONOMY / MONEY / LIQUIDITY
PROFIT LESS IMPORTANT THAN PEOPLE AND PLANET
Open L07-ECONOMY-MONEY-LIQUIDITY
MONEY / LIQUIDITY
A VITAL LUBRICANT .. BUT NOT THE ENGINE
Open L070-ML-MONEY-LIQUIDITY
EXCHANGE / TRADE
IMPORTANT PART OF OPTIMIZING ECONOMIC PERFORMANCE
Open L070-XT-EXCHANGE-TRADE
THE STATE OF ECONOMIC CAPITAL
GROWTH OF ECONOMIC CAPITAL ON ITS OWN IS A FAILED METRIC
Open L0700-CS-EC-ECONOMIC-CAPITAL
THE POSITIVE CONTRIBUTION OF ECONOMIC CAPITAL
ECONOMIC CAPITAL ENABLES SOCIAL AND ENVIRONMENTAL PROGRESS
Open L0700-PC-EC-ECONOMIC-CAPITAL
CREDITS and DEBITS of VALUE
ALL THE DIMENSIONS IMPACTING ALL THE CAPITALS
Open L070-CD-CREDITS-and-DEBITS-of-VALUE
DEBITS and CREDITS of VALUE
IMPACTING ALL THE CAPITALS
Open L0700-CD-CREDITS-and-DEBITS-of-VALUE
CORPORATE PROFIT
THE MOST IMPORTANT GOAL FOR DECISION MAKERS IN BUSINESS
Open L0700-SS-PROFIT
CAPITAL MARKET PRICES
THE MOST IMPORTANT GOAL FOR MOST INVESTORS
Open L0700-SS-CAPITAL-MARKETS
CORPORATE VALUE
FINANCIAL TRANSACTIONS
MONEY - LIQUIDITY Open L070-ML-MONEY-LIQUIDITY
MONEY - ALTERNATIVE CURRENCIES Open L0700-ML-ALTERNATIVE-CURRENCIES
MONEY - CRYPTOCURRENCIES Open L0700-ML-CRYPTOCURRENCIES
MONEY Open L0700-CS-EC-FC-Money
FINANCE - Investment Open L0700-CS-EC-FC-Finance-Investment
INFRASTRUCTURE FOR FINANCE Open L0700-IS-FINANCIAL TO BE ADDED
L0700-PP-FINANCIAL-ECONOMY Open L0700-PP-FINANCIAL-ECONOMY
L0700-SI-BANKING-FINANCIAL-SERVICES Open L0700-SI-BANKING-FINANCIAL-SERVICES
L0700-SS-FINANCE Open L0700-SS-FINANCE
L0300-Wrong-Metrics Open L0300-Wrong-Metrics
LO300-Banking-Finance-Money Open LO300-Banking-Finance-Money
list-0300-Alternative-Finance Open list-0300-Alternative-Finance
MEDIUM OF EXCHANGE ... MONEY
Open L0700-UA-FC-MONEY
Open L0700-CFC-Finance-Investment

FINANCIAL CAPITAL
The money denominated component of wealth
Open L0700-CS-EC-FC-FINANCIAL-CAPITAL
Financial Goodwill
The value attributed to profitability in excess of the historic accounting cost
Open L0700-CS-EC-FC-Financial-Goodwill
Money
Money ... a store of value
Open L0700-CS-FC-Money
Securities
Financial instruments of all sorts
Open L0700-CS-FC-Securities
FINANCIAL
The conventional system of accountancy
Open L0700-MA-FINANCIAL
FINANCIAL ACCOUNTANCY
The conventional system of accountancy
Open L0700-MA-FINANCIAL-ACCOUNTANCY
Alternative Currencies / Complementary Currency
Sometimes referred to as Alternative Currency, LETS, etc.
Open L070-ML-MONEY-LIQUIDITY
Alternative Currencies / Complementary Currency
Sometimes referred to as Alternative Currency, LETS, etc.
Open L0700-ML-ALTERNATIVE-CURRENCIES
Cryptocurrencies
A game changer ... but not yet clear what game!
Open L0700-ML-CC-CRYPTOCURRENCIES
Cryptocurrencies / Bitcoin
Was priced at around 10 cents, now somewhere between $8,000 and $19,000
Open L0700-ML-CC-Bitcoin
Cryptocurrencies
More energy effficient ... but pricing still difficult to justify
Open L0700-ML-CC-Ethereum
Currencies
A game changer ... but not yet clear what game!
Open L0700-ML-CURRENCIES
Finance
A game changer ... but not yet clear what game!
Open L0700-ML-FINANCE
Financial Inclusion
A game changer ... but not yet clear what game!
Open L0700-ML-FINANCIAL-INCLUSION
How MONEY Works
The essential basics of how the MONEY economy works
Open L0700-ML-HOW-MONEY-WORKS
Value Based Currency Units
A proposed framing for a 21st Century liquidity system from TrueValueMetrics
Open L0700-TVM-VALUE-BASED-CURRENCY-UNITS
MISC MATERIAL
Misc material related to money, finance and banking
Open L0700-ML-zMISC-MATERIAL
BANKING-FINANCE
The money denominated component of wealth
Open L070-BF-BANKING-FINANCE
BANKING-FINANCIAL-SERVICES
Misc material related to money, finance and banking
Open L0700-SI-BANKING-FINANCIAL-SERVICES

FINANCE / CAPITAL MARKETS
CAPITAL MARKETS mobilize the MONEY that is needed to run anything ... from personal life to the business of a large corporation, or a city or a country.
Open L0700-CS-FC-Finance-Investment
Sustainable Signals
Morgan-Stanley ... Institute-Sustainable-Investment ... Sustainable-Signals-2016
Open pdf ... Morgan-Stanley-Institute-Sustainable-Investment-Sustainable-Signals-2016
S-Network-Global-Benchmarking-System
“A Systematic Mechanism for Direct Investment, Global Benchmarking and Smart Beta Index Development.”
Open pdf ... S-Network-Global-Benchmarking-System
.
SUCCESS
This is an interesting image about the landscape
It is a poor representation of what has to happen for an individual or an organization to achieve success.



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.