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Meaningful Metrics for a Smart Society
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Date: 2019-06-20 Page is: DBtxt001.php list2011

The Background of True Value Metrics
Interim PDFs ... Basic Concepts of TrueValueMetrics

The Basic Concepts of True Value Metrics were drafted in book format before this work was superceded



The Basic Concepts of True Value Metrics is a book that describes the main characeteristics of TVM. The separate Chapters of the book may be downloaded in PDF format for review, discussion and comment. Feedback is very welcome whether by e-mail or using the website feedback routines. This is a prepublication discussion draft for review and feedback. Your feedback is valuable and will influence the final version. The .pdf files will be updated periodically, so please join our mailing list and be an active contributor to the dialog. Open file txt20004040
Contents
This PDF contains three sections: 1) the Table of Contents at the Chapter level 2) A Table of Contents with detail withing the chapters; and, 3) a section where each of the chapters are described in a short paragraph of about 50 words)
Open pdf
Chapter 1 - Introduction and Context
This chapter sets out to introduce the write, establish his credibility in this subject area and the set the context for the development of True Value Metrics TVM) or something like it. Though the book is very critical of established metrics and global socio-economic performance, the book aims to be optimistic about a future that uses better metrics!
Download Chapter 1 PDF
Chapter 2 - How True Value Metrics Improves Quality of Life
This chapter introduces the way TVM puts data at the center of everything, but data that are about value as well as just about money. This chapter introduces the framework for analysis that is used in TVM and how with this framework there can be more decision making utility without catastrophic data overload.
Download Chapter 2 PDF
Chapter 3 - Data Types and Attributes
Data is at the center of TVM, but exactly what data? This chapter describes different characteristics of data that are used by TVM, and the importance TVM puts on knowing about time and place in connection with all the data.
Download Chapter 3 PDF
Chapter 4 - Analysis Methods
This chapter is about the ways in which TVM data are used in analysis … the importance of the value component as well as the money component. This chapter shows how the basic money accounting framework is used and how a community perspective is different from an organization perspective.
Download Chapter 4 PDF
Chapter 5 – State, Progress and Performance
This chapter goes into more detail about the three core elements of TVM analysis, the state, the progress and the performance. These are modifications of the core business accounting idea of balance sheet and profit and loss account that enable the value aspect of society to be part of a similar construct.
Download Chapter 5 PDF
Chapter 6 - Entities for Value Analysis and Reporting
This chapter describes the change in perspective that there is with TVM compared to the organization perspective that dominates business money accounting, and organization centric performance analysis. TVM makes people and the performance of the community central to the metrics.
Download Chapter 6 PDF
Chapter 7 - Enabling Technology
This is a short chapter. This chapter does not attempt to describe technology, but merely to alert the reader to the idea that technology is extremely powerful and can enable data analysis in ways that were impossible just a few years ago. It also alerts the reader to some of the issues that are emerging related to information infrastructure.
Download Chapter 7 PDF
Chapter 8 - Using True Value Metrics
This chapter is a primer on how TVM can be used by anyone anywhere. For some readers this may be the only chapter they bother with … so it aims to be practical while having enough of the driving concept of TVM embedded in the practical guidance.
Download Chapter 8 PDF



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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