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Accounting for Everything ... Multi Dimension ... Multi Perspective ... Every Issue
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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
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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:
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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:
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INVESTOR
or FINANCIAL
PERSPECTIVE
The FINANCIAL ECONOMY ... key driver of dangerous dysfunction and instability ...
more info here ...
and a SLIDESET here:
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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:
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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
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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
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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 ...
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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
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True Value Accounting ... for Multi Dimensional Impact in the 21st Century
MORE NAVIGATION
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(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.
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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
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(9) THE PLACE PERSPECTIVE
COMMUNITIES, CITIES, COUNTRIES, ETC.
Think global ... act local ... in a PLACE. Everything happens in a place. Place enables accountability.
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(2) THE PEOPLE ECONOMY / HUMAN AND SOCIAL CAPITAL
Happiness and Quality of Life. Measure these and have them important in the metrics.
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(6) THE CONSUMPTION ECONOMY
Goods and services that enable quality of life for people, but also deplete resources and degrade the environment
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(10) IDEAS and INITIATIVES
Brains produce ideas ... and in turn this enable progress. An idea without investment and organization is interesting but not important.
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(3) THE NATURAL ECONOMY / NATURAL CAPITAL
Natural systems, environment, ecosystems, biodiversity, etc. These are the ESSENTIAL foundation for absolutely everything.
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(7) THE KNOWLEDGE ECONOMY
Facts, data, information, knowledge, wisdom ... misinformation. Better knowledge can be used for amazing things ... or not!
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(11) ISSUES
Possibilities are amazing but PERFORMANCE is abysmal. There are thousasnds of issues ALL of which need attention.
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(4) THE FINANCIAL ECONOMY
Money, banking, financial services, financial wealth. Metrics for these are strong, but without people and planet are nothing.
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(8) GOVERNANCE / ENABLING ENVIRONMENT
Institutional and policy framework, institutions and enabling environment. In too many cases on constraint on progress.
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(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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