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TVM Principles of Management
The TVM Management Framework
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 •   Peter Drucker famously said you manage what you measure;
 •   At TVM, we argue that you had better measure all the right things;
 •   For decades it is only financial performance that has been measured;
 •   The modern world is profitable ... but otherwise very dysfunctional;
 •   Better metrics will help!
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WHAT IS PROGRESS? PROGRESS IS CHANGE IN STATE.
Progress can be measured without knowing anything about activities. Simply measure 'state' at the beginning and end of the period. Progress is change in state!
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CONVENTIONAL FINANCIAL METRICS FULL SCOPE TVM METRICS
GDP GROWTH CORPORATE PROFITS STOCK PRICES SOCIO

ENVIRO

ECONOMIC

These are embedded in TVM's ECONOMIC metrics For the complete Socio-Enviro-Economic System
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TVM ENHANCES CONVENTIONAL ACCOUNTANCY
Conventional Accountancy TVM Enhanced Accountancy Full Scope TrueValueMetrics
 •   Conventional Accountancy: Very powerful ... used throughout the corporate world;
 •   TVM Enhanced Accountancy: Simply adds in social and evnironmental dimensions;
 •   Full Scope TrueValueMetrics: Applies the TVM concepts for ALL activities and actors.


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