Date: 2024-07-17 Page is: DBtxt003.php txt00004711
For more on this contact Peter Burgess
TrueValueMetrics (TVM) is an emerging analytical framework based on well established accountancy concepts that connects organizations and their economic activity with the associated impact on People, Place and Planet ... and in this context the Community. The goal is to provide a way to account for and report on the State of the Community, the Progress of the Community.
State is the equivalent of a business 'balance sheet' but more comprehensive, including everything that has an impact on quality of life, the environment and the resources of the planet, now and into the future.
Progress is measured by reference to the Change in State over time. Many things stay the same ... some improve, some deteriorate.
Performance is measured by comparing progress with the resources consumed to achieve progress. TVM has a focus on the areas which are a priority for the community, where State is compromised or Progress inadequate.
Someone from TVM would like to help develop some data about the State of the Community and the associated economic activities that are having an impact on the State of the Community
Email: peterbnyc@gmail.com
Follow on Twitter @truevaluemetric
Mobile: 212 744 6469 Landline: 570 431 4385
Website: http://www.truevaluemetrics.org
TVM Value Accounting in the Community
Money profit accounting is a powerful management tool, and used in every successful company. Up to now there has been no equally powerful management tool to account for and report on the state, progress and performance of a place ... of a community.