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This page accessed on : 2024-03-29 at 02:10:43
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TRUE VALUE METRICS
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THESE ARE THE METRICS THAT ARE TALKED ABOUT
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GDP GROWTH
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CORPORATE PROFITS
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STOCK PRICES
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SUCH METRICS ARE NOT FIT-FOR-PURPOSE
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- BETTER MANAGEMENT METRICS ARE NEEDED.
- A measure should have constant value. Money does not qualify!
- GDP growth is an inadequate and clumsy measure. GDP always assumes that more is better!
- Profit should not be the only corporate goal; Corporate performance is about profits, AND social impact AND environmental impact;
- Stockholders should be accountable for ALL impacts of the companies they own.
- TRUEVALUEMETRICS (TVM) IS A SOLUTION
COMPREHENSIVE, COHERENT, AND SUITED FOR THE 21ST CENTURY
- Accounting for ALL the CAPITALS;
- Accounting for ALL the IMPACTS;
- Accounting for ALL the ACTIVITIES ... all the PROCESSES;
- Accountability for all the ACTORS ... for EVERYONE; and
- Addressing progress and performance from ALL the PERSPECTIVES.
- Metrics that are coherent, comprehensive, easy and relevant.
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WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
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A MODEST DONATION WILL HELP MAKE THAT HAPPEN
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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved.
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