True Value Accounting

Metrics Matter ... You Manage What You Measure
Therefore Measure Everything That Matters

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(1)
MEASURE
WHAT
MATTERS
(2)
PEOPLE
HUMAN
CAPITAL
(3)
PLANET
NATURAL
CAPITAL
(4)
PROFIT
FINANCIAL
CAPITAL
(5)
REAL
PHYSICAL
CAPITAL
(6)
CONSUMPTION
ECONOMY
PRODUCTS
(7)
KNOWLEDGE
ECONOMY
INNOVATION
(8)
GOVERNANCE
ENABLING
ENVIRONMENT
(9)
DURABLE
PHYSICAL
ASSETS
(10)
PLACE
COMMUNITY
COUNTRY
(11)
ISSUES
IDEAS
INITIATIVES
(12)
ABOUT
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Accounting for Everything ... Multi Dimension ... Multi Perspective ... Every Issue
True Value Accounting

MEASURE WHAT MATTERS
A VERY BIG IDEA to make it possible to change the world for the better. Peter Drucker famously said that you manage what you measure. Navigate to EVERYTHING on this website HERE
SAME DATA
MANY PERSPECTIVES
Navigate to more on PERSPECTIVES here
Go to SLIDESET HERE

and another SLIDESET HERE
PEOPLE
PERSPECTIVE

The PEOPLE ECONOMY is the most important ... more info here ...
and a SLIDESET here:


PRODUCTS enable quality of life, standard of living, joy ... more info here ...
and a SLIDESET here:


PLACE where PEOPLE live and work and enjoy themselves ... more info here ...
and a SLIDESET here:


NATURE
ENVIRONMENTAL
PERSPECTIVE

The NATURAL ECONOMY ... upon which everything is based. When the natural economy fails, nothing man-made is powerful enough to do the remediation! ... more info here ...
and a SLIDESET here:

ENVIRONMENTAL DEGRADATION ... Natural cycles changing, maybe out of control, but ignored in conventional metrics used for policy formulation and asset allocation ... more info here ...
and a SLIDESET here:
INVESTOR
or FINANCIAL
PERSPECTIVE

The FINANCIAL ECONOMY ... key driver of dangerous dysfunction and instability ... more info here ...
and a SLIDESET here:
THE REAL
ECONOMY

MAN BUILT CAPITAL has enabled amazing technological progress and financial wealth ... BUT more info here ...
and a SLIDESET here:

About PROCESSES that make all the PRODUCTS needed ... more info here ...
and a SLIDESET here:
here

INFRASTRUCTURE ... more info here ...
and a SLIDESET here:

ISSUES ... IDEAS ... INITIATIVES ... BETTER METRICS
Navigate to much more on ISSUES here
Example slideset here:
Example slideset here:

BAD THINGS ... HUNGER, POVERTY, DISEASE, WAR, VIOLENCE, GENOCIDE
None of these things should have happened. None of these things should be happening today. The system is dysfunctional. We should be proactive to stop them being repeated ...
Starving children

Pol-Pot regime in Cambodia

Rwanda genocide

Liberia (just outside my old office in Monrovia)

More about BAD

More about GOOD

AMAZING POSSIBILITIES The potential for the world to be an amazing place is huge. There is amazing technology ... and the progress in technology continues at a very rapid pace. Young people are better educated than ever. Consider ...
Aircraft technology

Medical technology

The PURPOSE of economic activity should be to give PEOPLE a better quality of life without doing damage to the PLANET. To do this, there is the application of human ingenuity, knowledge, technology and financial capital in what may be called MAN BUILT CAPITAL (MBC)

Navigate to MAN BUILT CAPITAL slidesets here
Example: Oil and gas technology
GOOD PEOPLE ... There are some people who are amazingly good.
Nelson Mandella

Desmond Tutu

Pope Francis

But the really big challenge is to get more than 7 billion people to ALL make better decisions to help make a better world.
TVM/MDIA also has a PLANET or NATURAL CAPITAL perspective

Navigate to NATURAL CAPITAL slidesets here
Natural capital ... SUN, PLANET, FAUNA, FLORA are the foundation of everything ...
TrueValueMetrics is an initiative to build 'public good' based on work done by Peter Burgess over several decades in more than 50 countries. This is a recent webinar organized by MILE (Madinah Institute for Leadership and Entrepreneurship) June 16, 2015

True Value Accounting ... for Multi Dimensional Impact in the 21st Century
MORE NAVIGATION
(1) METRICS FOR A COMPLEX WORLD
SUSTAINABILITY ACCOUNTING
You manage what you measure ... therefore measure what matters. Measure and account for people and planet as well as money and profit.
5) THE MAN BUILT REAL ECONOMY - PHYSICAL ASSETS
MACHINERY, VEHICLES. BUILDINGS, INFRASTRUCTURE Everything that people have devised and built to improve productivity and quality of life
(9) THE PLACE PERSPECTIVE
COMMUNITIES, CITIES, COUNTRIES, ETC.
Think global ... act local ... in a PLACE. Everything happens in a place. Place enables accountability.
(2) THE PEOPLE ECONOMY / HUMAN AND SOCIAL CAPITAL
Happiness and Quality of Life. Measure these and have them important in the metrics.
(6) THE CONSUMPTION ECONOMY
Goods and services that enable quality of life for people, but also deplete resources and degrade the environment
(10) IDEAS and INITIATIVES
Brains produce ideas ... and in turn this enable progress. An idea without investment and organization is interesting but not important.
(3) THE NATURAL ECONOMY / NATURAL CAPITAL
Natural systems, environment, ecosystems, biodiversity, etc. These are the ESSENTIAL foundation for absolutely everything.
(7) THE KNOWLEDGE ECONOMY
Facts, data, information, knowledge, wisdom ... misinformation. Better knowledge can be used for amazing things ... or not!
(11) ISSUES
Possibilities are amazing but PERFORMANCE is abysmal. There are thousasnds of issues ALL of which need attention.
(4) THE FINANCIAL ECONOMY
Money, banking, financial services, financial wealth. Metrics for these are strong, but without people and planet are nothing.
(8) GOVERNANCE / ENABLING ENVIRONMENT
Institutional and policy framework, institutions and enabling environment. In too many cases on constraint on progress.
(12) ABOUT ... THE BURGESS PERSPECTIVE
How various Burgess initiative have been evolving for decades. Many pieces in progress, but not much finished.

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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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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 © 2005-2018 Peter Burgess. All rights reserved.