Thousands of Issues
(I) CONTEXT
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CTX
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PROGRESS / PERFORMANCE
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SOCIETY ... Human Capital
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ENVIRONMENT ... Natural Capital
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ECONOMY ... Created Captal
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ISSUES Thousands of Issues!
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By Issue in Alpha sequence
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Alpha
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By Issue in Chronological Sequence
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Chrono
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By Subject Area (Cluster)
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Cluster
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SYSTEMIC DYSFUNCTION
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SOCIAL PROBLEMS
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Social Risks
The established social order has lost its legitimacy.
Breakdown of social order an existential risk
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risk
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Jobs / Low Wages / Unemployment
Structural issues that change everything
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more
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Poverty
Opportunity, jobs and income insufficient
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more
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Hunger / Malnutrition / Ill-health
Water / Sanitation
Hunger / Food shortage
Risky agriculture / risky food choices
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Civil War / Physical Destruction
Scandalous Value Destruction
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more
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War Violence / Human Destruction
Death / Genocide / Crimes against Humanity
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more
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Religion / Culture
Good and Bad / Clash of Civilizations
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ENVIRONMENT
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Biodiversity
Being destroyed at a dangerous rate
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more
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Deforestation
Cutting trees is big business
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more
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Sea Level Rise
Ice melt caused by global warming / More powerful storms
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more
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Extreme weather
More energy / Greater instability
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Pollution
Solids / Liquids / Gases
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more
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ECONOMIC ISSUES
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more
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Economic Risks
The Western economic model as practiced for the last 200 years is on life support and will implode without radical new thinking.
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risk
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Corruption
Many essential industries are the worst offenders
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more
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Inequality
Massive investor wealth ... 40 years of huge wealth increases
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more
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Money / Currency
Huge issue ... very little understood
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more
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Markets / Intangible Value
Real tangible value has very little to do with market price
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more
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Wrong Metrics
Profits, GDP , Growth works for owners but not for workers
Nothing for impacts on the environment and society
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IDEAS / POSSIBILITIES
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UNDERSTANDING POTENTIAL
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NICE PEOPLE ... the 99%
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more
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KNOWLEDGE ... research, education
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more
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TECHNOLOGY ... materials, computer science
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more
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BETTER METRICS ... TVIA, other
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BETTER GOALS ... SDGS, PRI, etc.
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ELIMINATING CONSTRAINTS
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ENABLING INITIATIVES
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Open Collaboration / Teamwork
(IV) TEAM
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(InPage)
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TEAMWORK
Every individual can contribute ... but it is TEAM that wins the game
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(TEAM)
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About Peter Burgess (TPB)
Experience / Track Record
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(TPB)
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PEOPLE
People make all the difference
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(PE)
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Socio-Enviro-Economic System
(II) SYSTEM
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SEES
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CAPITALS / STATE
ALL THE CAPITALS
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CS
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SOCIAL CAPITAL
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(SC)
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(1) Human Capital
... The individual
... Their potential to contribute / their cost of living
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(HC-1)
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(2) Relationship Capital
... The family
... The community / Society
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(RC-2)
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NATURAL CAPITAL
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(S-NC)
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(3) Natural Capital (NC)
... Land / EcoSystem Services
... Minerals / Fossil Fuels
... Water / Air / Elements
... Climate / Livable Environment
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(NC-3)
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ECONOMIC CAPITAL
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(EC)
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(4) Physical Capital (PC)
... Buildings. Vehicles, Plant, Equipment
... Infrastructure
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(PC-4)
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(5) Financial Capital (FC)
... Money
... Securities
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(FC-5)
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(6) Knowledge Capital (KC)
... Knowledge
... Science / Technology
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(KC-6)
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(7) Institutional Capital (IC)
... Government
... Rule of Law
... Organizations
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(IC-7)
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(8) Cultural Capital (CC)
... Arts / Music / Dance
... Religion / Tradition
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(CS-8)
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(9) Locational Capital (LC)
... Arts / Music / Dance
... Religion / Tradition
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(LC-9)
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PROCESS / FLOW
ALL THE ACTIVITIES
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FLOW
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ACTORS (IE)
Implementing Entities
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InPage
(IE)
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EXCHANGE / TRADE (XT)
Source of vital value add
Facilitated by money
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(XT)
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MARKETS (MK)
Source of vital value add
Facilitated by money
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(MK)
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PROCESSES (P1)
Processes determine the efficiency of production and the associated impacts
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(P1)
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PRODUCTS (P2)
Products flow through supply chain, production, use and waste
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(P2)
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STREAMS
Everything is connected to everything else
STREAMS cross sectors
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(SS)
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SECTORS
SECTORS have very different technical characteristics
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(SI)
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PLACE
PLACE where EVERYTHING happens ...
Where all the SECTORS come together
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(PL)
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EXCHANGE / TRADE (XT)
MEDIUM OF EXCHANGE / TRANSACTIONS
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more
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MONEY ... Medium of Exchange
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more
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CONVENTIONAL MODERN MONEY
Bad measure / Bad store of value
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more
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ALTERNATIVE CURRENCIES
Regional Currencies / LETS / etc
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more
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CRYPTOCURRENCIES
Blockchain / Distributed Ledger
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more
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VALUE BASED CRYPTOCURRENCIES
New Value Based Coins / Tokens
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more
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TRANSACTIONS ... What best to buy
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more
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POINT OF SALE
Key to comprehensive accountability
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ADVERTISING
All about selling stuff / misinformation
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more
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ACTORS
IMPLEMENTING ENTITIES
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(1) COMPANIES ... BoD / C-Suite
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(1)
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(2) INVESTORS
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(2)
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(3) INDIVIDUALS
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(3)
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(4) FAMILIES
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(4)
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(5) NGOs
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(5)
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(5) SOCIETY ...
Community organizations
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(5)
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(6) GOVERNMENT ... of a PLACE
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(6)
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(7) PROCESSES
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(7)
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(8) CONSUMERS / USERS
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(8)
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You Manage what you Measure
(III) METRICS
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More
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CONVENTIONAL METRICS
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Financial Accounting
Very powerful for optimizing profit
Very limited for everything else
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CFA
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Management Accounting
Very weak data foundation
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IMP
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Economic Analysis
Misses too much that has critical importance
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ECON
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Investment Analysis
Focus on short term
Focus on profit
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INV
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Impact Investment
Very weak data foundation
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IMP
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TRUE VALUE IMPACT ACCOUNTING
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TVIA
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Core Concepts
Critical Principles
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CC
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(1) DOUBLE ENTRY
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(1)
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(2) BALANCE SHEET ACCOUNTS
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(2)
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(3) PROFIT AND LOSS ACCOUNTS
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(3)
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(4) COST, PRICE AND VALUE
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(4)
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(5) FLOW, PROCESS, CHANGE in STATE
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(5
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(6) REPORTING ENTITY
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(6)
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(7) MANAGEMENT ACCOUNTING
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(7)
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(8) PROGRESS AND PERFORMANCE
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(8)
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Multiple Entities / Common Framework
for Analysis, Management and Reporting
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RE
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(1) FOR PROFIT PRIVATE ENTERPRISE
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(2) NOT FOR PROFIT / NGOs
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(3) COOPERATIVE / MUTUAL ORGANIZATIONS
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(4) STATE ENTERPRISE
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(5) GOVERNMENTS
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(6) PUBLIC PRIVATE PARTNERSHIPS
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(7) PORTFOLIOS / WEALTH FUNDS
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(8) PLACES
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(9) PROCESSES
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(10) STREAMS
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(11) PRODUCTS
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(12) PEOPLE
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(13) SOCIETY / COMMUNITY
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Multiple Perspectives / Same Data
Requires compromise, negotiation
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PS
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(1) BUSINESS ORGANIZATION
Profit -v- CSR -v- Environment
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(1) EMPLOYEE / EMPLOYER
Payroll Down / Profit Up
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(1) CHILD / PARENT / GRANDPARENT
Stages of life are important
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(1) INVESTOR
Profit -v- ESG
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(1) PRODUCT
Profit -v- Cost -v- Impact
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(1) PLACE
Low tax -v- Enough tax -v- Services / QoL
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EMERGING NEW IDEAS
NEW TWISTS ON EXISTING CONCEPTS
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Multiple Units of Account
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UA
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Quantification
Numbering not monetization
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Multiple Units of Account
Independent measures for different components of the system
Money for economic activity & financial capital
A value unit for social capital
A value unit for natural capital
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UA
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Standard Value Profile (SVP)
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SVP
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Standard Value Profile (SVP)
Critical data about everything
Continuous improvement of data
Continuous improvement of performance
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SVP
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True Value Coin Finance
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TVC
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True Value Coin Ecosystem
Based on Proof of Potential .. /
Medium of Exchange ... YES /
Enables Financing ... YES /
Creates Value ... YES /
Store of Value ... NO
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TVC
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TVCs for Fiat Money Transaction
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TVCs for Human Potential
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TVCs for Environmental Value
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