image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
image missing Navigation ... HOME
HOME
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
TRUEVALUE
DATA at
the CENTER
ABOUT
VISION
STRATEGY
Date: 2018-12-12 Page is: DBtxt001.php L0700-SN-MM

SITE NAVIGATION
METRICS for MANAGEMENT

Site Navigation / Thematic
SN-CIP ...CONTEXT / ISSUES / POSSIBILITIES
UNDERSTANDING THE STARTING POINT ... WHERE WE ARE!
Open L0700-SN-CIP
SN-SEES ...SOCIO-ENVIRO-ECONOMIC SYSTEM
ACTIVITIES / CAPITALS / ACTORS / PLACES / PRODUCTS and more
Open L0700-SN-SEES
SN-MM ...METRICS-for-MANAGEMENT
BETTER METRICS TO EMPOWER BETTER MANAGEMENT
Open L0700-SN-MM
SN-TVM ...TRUE VALUE METRICS
ABOUT TVM, THE VISION AND THE STRATEGY
Open L0700-SN-TVM
SN-TPB ...ABOUT PETER BURGESS
A LIFETIME OF EXPERIENTIAL LEARNING
Open L0700-SN-TPB
.
Site Navigation / Level L07
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 / Level L070
AP ... AMAZING POSSIBILITIES
A WORLD OF GOOD PEOPLE AND VERY POWERFUL TECHNOLOGY
Open L070-AP-AMAZING-POSSIBILITIES
CD ... CREDITS and DEBITS of VALUE
HOW ECONOMIC ACTIVITIES IMPACT EVERYTHING
Open L070-CD-CREDITS-and-DEBITS-of-VALUE
CS ... CAPITAL / STATE
IMPROVEMENT IN STATE IS PROGRESS
Open L070-CS-CAPITAL-STATE
CX ... COSTS-EXPENSES
COSTS AND EXPENSES
Open L070-CX-COSTS-EXPENSES
DEFINITIONS
Open L070-DEFINITIONS
DIALOG
Open L070-DIALOG
ET ... ENGINEERING-TECHNOLOGY
A VERY POWERFUL ENABLER OF AMAZING PRODUCTIVITY
Open L070-ET-ENGINEERING-TECHNOLOGY
EV ... EVENTS
MAJOR WORLD EVENTS HAVE CHANGED THE TRAJECTORY OF HISTORY
Open L070-EV-EVENTS
GO ... GOVERNMENT
GOOD GOVERNMENT IS ESSENTIAL ... BUT DIFFICULT
Open L070-GO-GOVERNMENT
IF ... INFRASTRUCTURE
WITHOUT EFFICIENT INFRASTRUCTURE THERE CANNOT BE AN EFFICIENT ECONOMY
Open L070-IF-INFRASTRUCTURE
II ... INTERESTING-IDEAS
THERE ARE THOUSANDS AND THOUSANDS OF INTERESTING IDEAS
Open L070-II-INTERESTING-IDEAS
IS ... ISSUES-SUBJECTS
THERE ARE THOUSANDS AND THOUSANDS OF ISSUES AND SUBJECTS
Open L070-IS-ISSUES-SUBJECTS
KE ... KEY-EVENTS
MAJOR WORLD EVENTS HAVE CHANGED THE TRAJECTORY OF HISTORY
Open L070-KE-KEY-EVENTS
KN ... KNOWLEDGE
HUMAN KNOWLEDGE IS GROWING FAST AND ACCELERATING
Open L070-KN-KNOWLEDGE
MA ... METRICS / ACCOUNTANCY
VERY POWERFUL BUT TOO MUCH ONLY ABOUT PROFITS AND FINANCIAL CAPITAL
Open L070-MA-METRICS-ACCOUNTANCY
MG ... METRICS / GOALS
GOALS ARE ONLY A SMALL PART OF A LONG PROCESS
Open L070-MG-METRICS-GOALS
ML ... MONEY-LIQUIDITY
MONEY IS ONLY A LUBRICANT ... NOT THE FUEL AND NOT THE ENGINE
Open L070-ML-MONEY-LIQUIDITY
MM ... METRICS for MANAGEMENT
WITHOUT METRICS ... IMPOSSIBLE TO MANAGE
Open L070-MM-METRICS-for-MANAGEMENT
MV ... METRICS for INVESTMENT
BETTER METRICS ARE NEEDED
Open L070-MV-METRICS-for-INVESTMENT
OG ... ORGANIZATIONS
ONE OF THE MAJOR DRIVERS OF ECONOMIC PERFORMANCE
Open L070-OG-ORGANIZATIONS
PC ... PROCESSES
A TECHNICAL DRIVER OF ECONOMIC PERFORMANCE
Open L070-PC-PROCESSES
PD ... PRODUCTS
SUPPORT QUALITY OF LIFE, GENERATE PROFITS & DEGRADE THE ENVIRONMENT
Open L070-PD-PRODUCTS
PE ... PEOPLE
GOAL SHOULD BE A BETTER WORLD FOR EVERYONE
Open L070-PE-PEOPLE
PL ... PLACE-PLACES
PLACE IS IMPORTANT ... IT IS WHERE LIFE IS LIVED
Open L070-PL-PLACE-PLACES
PP ... PROGRESS / PERFORMANCE
SHOULD BE ABOUT MUCH MORE THAN SIMPLY ECONOMIC PERFORMANCE
Open L070-PP-PROGRESS-PERFORMANCE
PS ... PERSPECTIVES
ALL THE PERSPECTIVES MATTER AND SHOULD BE TAKEN INTO ACCOUNT
Open L070-PS-PERSPECTIVES
PU ... What is the PURPOSE of?
PURPOSE SHOULD BE A LOT MORE THAN SIMPLY 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
interesting material ... but in the wrong place !!!
Open L070-QUALITY-STANDARDS
SEES ... COMPLETE-SYSTEM
COMPLEX, HUGE, VERY IMPORTANT AND ESSENTIALLY UNMANAGED
Open L070-SEES-COMPLETE-SYSTEM
SI ... SECTORS / INDUSTRIES
SOME AMAZING COMPETENCES ... BUT FAR TOO SILOED
Open L070-SI-SECTORS-INDUSTRIES
SS ... STREAMS-STRANDS-STRINGS
BRINGING THE WHOLE OF THE LIFE CYCLE INTO ACCOUNT
Open L070-SS-STREAMS-STRANDS-STRINGS
SV ... STANDARD VALUE PROFILES
ANALOGOUS TO STANDARD COSTS BUT FAR MORE COMPREHENSIVE
Open L070-SV-STANDARD-VALUE-PROFILE
TT ... TRANSPARENCY and ACCOUNTABILITY
VERY IMPORTANT ... BUT CURRENTLY WEAK AND COMPLETELY INEFFECTIVE
Open L070-TA-TRANSPARENCY-ACCOUNTABILITY
TPB ... PETER BURGESS
ABOUT PETER BURGESS ... A LIFETIME OF EXPERIENTIAL LEARNING
Open L070-TPB-PETER-BURGESS
TPB ... c2003
SUMMARIZING SOME OLD MATERIAL
Open L070-TPB-c2003
TT ... TEAM / TEAMWORK
TEAM WILL ALWAYS WIN OVER A SINGLE STAR
Open L070-TT-TEAM-TEAMWORK
TVM ... TRUE VALUE METRICS
ENHANCING ACCOUNTANCY FOR BETTER PERFORMANCE AND ACCOUNTABILITY
Open L070-TVM
UA ... UNITS OF ACCOUNT
ECONOMIC VALUE (MONEY) / SOCIAL VALUE / ENVIRONMENTAL VALUE
Open L070-UA-UNITS-OF-ACCOUNT
XR ... EXISTENTIAL-RISKS
MOSTLY IGNORED IN CONVENTIONAL ECONOMIC AND FINANCIAL ANALYSIS
Open L070-XR-EXISTENTIAL-RISKS
XT ... EXCHANGE-TRADE
A VERY IMPORTANT SOURCE OF VALUE ADD
Open L070-XT-EXCHANGE-TRADE
.
Site Navigation for PROGRESS & PERFORMANCE
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


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
Navigation for ALL the ACTORS
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
.
.
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

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

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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.
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