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Meaningful Metrics for a Smart Society
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Date: 2019-07-17 Page is: DBtxt001.php list0300-Who-is-TVM-for-1

Definitions for TrueValueMetrics
Who? ... Who is TVM for?

TVM is for everyone ... and facilitated by everyone.

TVM may be implemented through an organization or not ... but the data still reflects a community perspective, and the data are neutral and aim to merely reflect community reality.

While the family is one of the key units of society ... and within the family the well-being and happiness of every individual is important, for the development and management of public policy, the community ... or neighborhood or block ... is easier to use as an indicator of progress and the effectiveness of interventions.

There are some datasets that are best compiled using the family as the unit because this is the best place to identify impact ... as for example, the case of public health, where interventions are undertaken in the community as a whole, and the impact is best observed within the individual families.

People ... all people ... are important.

TVM is a system that serves the needs of all people ... not just special stakeholders.

TVM helps to give people a useful measure of how well the elements of society and the economy are performing, and what progress is being made.

TVM is facilitated by people who are able to help with the acquisition of data ... and is TVM is for people who need data to hold people accountable for their decisions and their activities.


TVM ... Who?

TVM is for everyone ... and TVM is facilitated by everyone. TVM may be implemented through an organization or not ... but the data still reflects a community perspective, and the data are neutral and aim to merely reflect community reality.

While the family is one of the key units of society ... and within the family the well-being and happiness of every individual is important, for the development and management of public policy, the community ... or neighborhood or block ... is easier to use as an indicator of progress and the effectiveness of interventions. There are some datasets that are best compiled using the family as the unit because this is the best place to identify impact ... as for example, the case of public health, where interventions are undertaken in the community as a whole, and the impact is best observed within the individual families.

There is a critical need for the data to be credible and for this there has to be a component of independence, but it is still possible for those with an interest in the outcome to be a part of the process of data accumulation, but they must never be the sole source of data. The data may be contributed by anyone ... and data may be validated by anyone. The data may be used by anyone who is working to improve community progress. There is a “weighting” of the data based on the credibility of the contributors ... and access to data is also controlled to reduce the use of the data for inappropriate purposes.

TVM is best when the results are independent of the participants ... when the data are neutral. So while anyone may contribute to the TVM dataflows, there is a set of internal checks to ensure that the data and analysis are NEUTRAL, objective and independent.



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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