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Date: 2024-04-20 Page is: DBtxt001.php txt00002407

TrueValueMetrics
Join in to develop and deploy

OccupyU should have a course and workshop around TrueValueMetrics

What gets measured gets done The prevailing system of metrics ... financial accountancy, market indexes, economic indicators, etc. ... has become deeply flawed. It only works for the investor and executive class, but not for society as a whole. It only works for these stakeholders and not for other stakeholders like employees, customers, society, environment and future generations.

TVM is a system of (1) score-keeping; and, (2) performance statistics TVM is neutral, simply aiming to measure everything that matters.

TVM is about a place ... any place ... anywhere ... everywhere! and time to understand progress and change

TVM is working on how meaningful metrics can be developed and deployed so that good decisions are made for ALL stakeholders in global society and not just the rich and powerful investor class.

TVM is a bit like money profit accounting which works very well for for-profit corporate business but is inadequate for not for profit organizations, government agencies and society as a whole. Instead of just doing the accounting for economic activity transacted in money, TVM also works with value flows to determine valueadd derived from economic activity.


Prepared by Peter Burgess
on the occasion of Occupy May 1, 2012
The text being discussed is available at
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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved.