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Date: 2024-08-17 Page is: DBtxt001.php txt2003030700
TVM Value Accountancy
PUTTING ACCOUNTANCY TO WORK FOR ALL OF SOCIETY
Metrics about Progress and Performance in the Economy and Society
Metrics that Measure Impact on People, Place and Planet
The Core of TrueValueMetrics

Chapter 3 - ANALYTICAL FOCUS
3-7 ANALYSIS OF PEOPLE

Human resources is central to everything Profile of the population

The profile of the population tells a whole lot about the community ...

  • There are the questions of how many:
  • There are questions of health:
  • There are questions of education
  • There are questions of jobs, work
  • There are questions of wealth
  • There are questions of housing
How to present this so that it is clear, simple but nor simplistic.

The value of a human being

This is a stylized graphic that shows value from a developing country perspective. Young children represent an immediate liability as they must be fed ... as they get a bit older they have a net value positive because they can do essential chores like carrying water. The working adult has the most value, but offset when a women is pregnant and cannot work. Old people unable to work are again an economic liability.

It is helpful to understand the costs or investment associated with growing up, and the earning power and value of a working adult, and the increasing cost and liability associated with old age and sickness.

There are two graphics below which depict this ... the first shows lifetime value, and is nothing more than the cumulative cost of raising a child, and subsequently offset by cumulative earnings less annual lifestyle costs ... and then impacted by the cumulating costs of old age.

Don't inderestimate the potential of people

Untapped capacity
I have been in many hospitals around the world. Some amazing people doing incredible work with tiny resources.

I have only seen one surgery ... it was successful, with a minimum of equipment ... and performed by a nurse.

This is not a recommendation for universal surgery by nurses ... but more a reminder that much more can be done by people who do not have the top qualifications.



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