Date: 2025-01-15 Page is: DBtxt003.php txt00024943 | |||||||||
MEASUREMENT
QUALITY OF LIFE Measurement of Quality of Life is very subjective. A progress metric has more utility than a static metric. Open PDF ... MITSMR-57417-What-Makes-Work-Meaningful-Or-Meaningless.pdf Peter Burgess COMMENTARY I am revisiting some of the issues relating to measurement for the social segment of our socio-enviro-economic system. Money metrics related to economic activity and impact have been used for centuries. They have been used in their modern form for many decades, but over this time the use of money as a metric in this manner has become less and less fit for purpose. But metrics for progress and performance in the social segment of the system and metrics for progress and performance in the environmental segement of the system are very weak or completely absent. Part of this is because it is not easy to create and deploy metrics that are easy and effective in either the social or the environmental segments of the system, and up to now there is no widely accepted concensus about how to design the system performance indicators. The following was an initiative from TVM about 5 years ago that got essentially zero response. It is becoming increasingly clear why progress towards better metrics is so difficult. There are many reasons that together make fast progress impossible, but without a much more even balance between the roles of social, environmental and economic metrics in the functioning of the system, many of the issues that need to be addressed will continue to be ignored. Better metrics are no longer a 'nice to have' but are vital to decision making for a sustainable future. Peter Burgess | |||||||||
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