SlideShare une entreprise Scribd logo
1  sur  54
Télécharger pour lire hors ligne
WHY SOCIETY NEEDS
BETTER METRICS
File: MDIA-p3-01-1-WHY-151005.odp Peter Burgess (c) All rights reserved
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
CONTEXT
This slideset is a Work-in-Progress
and will be updated from time to time.
It is part of a series that aims to
describe the extremely complex
socio-enviro-economic system that
we live in, and how this system can
be made to work better.
TRUE VALUE ACCOUNTING
The GOAL is to design and
deploy a system of metrics for
management that accounts for
impact on people and planet as
rigorously as double entry
accounting accounts for money
transactions that impact profit
MULTI DIMENSION IMPACT ACCOUNTING
Corporate profit performance
over the past fifty years has been
impressive …
MULTI DIMENSION IMPACT ACCOUNTING
GDP growth over the past 50
years very strong …
MULTI DIMENSION IMPACT ACCOUNTING
But labor income over the past
fifty years … not so good.
MULTI DIMENSION IMPACT ACCOUNTING
And environmental issues getting
worse … not better.
MULTI DIMENSION IMPACT ACCOUNTING
This is an unsustainable
trajectory for our complex global
socio-enviro-economic system
MULTI DIMENSION IMPACT ACCOUNTING
SOCIO … PEOPLE
ENVIRO … PLANET
ECONOMIC … MAN BUILT CAPITAL
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPSOCIO - PEOPLE
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPSOCIO - PEOPLE
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPENVIRO - PLANET
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPENVIRO - PLANET
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPECONOMIC – MAN BUILT CAPITAL
MULTI DIMENSION IMPACT ACCOUNTING
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Sun
EOPECONOMIC – MAN BUILT CAPITAL
The balance between PEOPLE,
PLANET and PROFIT is most
likely unsustainable …
MULTI DIMENSION IMPACT ACCOUNTING
The following slides reflect what
has happened over the past
millions of years …
MULTI DIMENSION IMPACT ACCOUNTING
YELLOW:
The PEOPLE piece … Human Capital (NC)
DIRTY BROWN:
The ECONOMIC piece … Man Built Capital (MBC)
GREEN:
NATURE, ENVIRONMENT … Natural Capital (NC)
MULTI DIMENSION IMPACT ACCOUNTING
COLOR KEY
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
Trajectory to disaster!
This must be changed
to this …
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
PEOPLE progressing
MBC* efficient
PLANET healthy
MULTI DIMENSION IMPACT ACCOUNTING
* Man Built Capital … Man Built Structures and Systems
For the past 50 years, using
conventional metrics, the system
has optimized for performance of
FINANCIAL CAPITAL but while
ignoring everything else ...
MULTI DIMENSION IMPACT ACCOUNTING
ECONOMIC GROWTH 1970 to 2011
CORPORATE PROFITS ...
GDP …
LABOR INCOME ...
MULTI DIMENSION IMPACT ACCOUNTING
3,600%
1,500%
1,100%
MULTI DIMENSION IMPACT ACCOUNTING
According to Federal Reserve data,
wages and salaries as a % of GDP
has declined steadily since 1970
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
In the 1950s and 1960s wages and
salaries were gaining moderately
while profits were declining. Since
the 1980s profits have increased
strongly while wages and salaries
have been decreasing as a share of
GDP.
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
Robert Reich … former Secretary
of Labor in the 1990s … shows pay
rose with productivity until 1979
and then it didn't ...
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
Since 1950 world PER CAPITA GDP
has grown more rapidly than at any
previous time ...
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
… but this is an average that does
not mean very much …
MULTI DIMENSION IMPACT ACCOUNTING
Rich countries and rich people
have increased their income and
wealth much more significantly
than poor countries and poor
people as these data for the USA
and the UK show ...
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
… but the metrics are not getting it
right …
MULTI DIMENSION IMPACT ACCOUNTING
The growth in GDP for the USA
over the period from 1945 to the
present has been phenomenal …
but the HAPPINESS of Americans
has deteriorated in this time.
MULTI DIMENSION IMPACT ACCOUNTING
Corporate money profit performance over
the past fifty years has been impressive
MULTI DIMENSION IMPACT ACCOUNTING
The growth in GDP also has a
strong correlation with increasing
stress on planetary resources and
the environment.
MULTI DIMENSION IMPACT ACCOUNTING
The growth in global population is
not as serious a problem as the
growth in GDP …
MULTI DIMENSION IMPACT ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
THE CHALLENGE …
MULTI DIMENSION IMPACT ACCOUNTING
There has been an amazing
improvement in productivity over
the past 40 years … and almost all
the benefits derived from the
increases in productivity have
accrued to owners.
MULTI DIMENSION IMPACT ACCOUNTING
This is what Business Schools
teach … and they do it very well.
MULTI DIMENSION IMPACT ACCOUNTING
In order for the socio-enviro-
economic system to be optimized
for people and planet and profit, an
improved system of metrics is an
absolutely essential prerequisite.
MULTI DIMENSION IMPACT ACCOUNTING
… and this is what Multi Dimension
Impact Accounting (MDIA) is all
about.
MULTI DIMENSION IMPACT ACCOUNTING
REMINDER
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
100 slidesets. Navigation to these is available here:
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) involved.
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
TRUE VALUE ACCOUNTING
THANK YOU
Some links and contact information:
Email Peter Burgess … peterbnyc@gmail.com
Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1
Link to TrueValueMetrics.org website
http://www.truevaluemetrics.org/
Link to navigation to other resources:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav#1
TRUE VALUE ACCOUNTING

Contenu connexe

Tendances

TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005Peter Burgess
 
TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005Peter Burgess
 
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC System
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC SystemTVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC System
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC SystemPeter Burgess
 
TVA p3 00 CONCENTRATION OF ECONOMIC POWER
TVA p3 00 CONCENTRATION OF ECONOMIC POWER TVA p3 00 CONCENTRATION OF ECONOMIC POWER
TVA p3 00 CONCENTRATION OF ECONOMIC POWER Peter Burgess
 
TVA p3 00 True Value Accounting for better Triple Bottom Line management
TVA p3 00 True Value Accounting for better Triple Bottom Line managementTVA p3 00 True Value Accounting for better Triple Bottom Line management
TVA p3 00 True Value Accounting for better Triple Bottom Line managementPeter Burgess
 
TVM MILE-webinar-150616
TVM MILE-webinar-150616TVM MILE-webinar-150616
TVM MILE-webinar-150616Peter Burgess
 
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING?
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING? TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING?
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING? Peter Burgess
 
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICS
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICSTVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICS
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICSPeter Burgess
 
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reporting
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reportingTVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reporting
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reportingPeter Burgess
 
knowledge and factor base economy sme in Pakistan
knowledge and factor base economy sme in Pakistanknowledge and factor base economy sme in Pakistan
knowledge and factor base economy sme in Pakistan6027
 
TCI 2014 The Reindustrialization of North America
TCI 2014 The Reindustrialization of North America TCI 2014 The Reindustrialization of North America
TCI 2014 The Reindustrialization of North America TCI Network
 

Tendances (14)

TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005
 
TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005TVA p3 00 PERSPECTIVES 151005
TVA p3 00 PERSPECTIVES 151005
 
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC System
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC SystemTVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC System
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC System
 
TVA p3 00 CONCENTRATION OF ECONOMIC POWER
TVA p3 00 CONCENTRATION OF ECONOMIC POWER TVA p3 00 CONCENTRATION OF ECONOMIC POWER
TVA p3 00 CONCENTRATION OF ECONOMIC POWER
 
TVA p3 DRAFT B
TVA p3 DRAFT B TVA p3 DRAFT B
TVA p3 DRAFT B
 
TVA p3 00 True Value Accounting for better Triple Bottom Line management
TVA p3 00 True Value Accounting for better Triple Bottom Line managementTVA p3 00 True Value Accounting for better Triple Bottom Line management
TVA p3 00 True Value Accounting for better Triple Bottom Line management
 
TVM MILE-webinar-150616
TVM MILE-webinar-150616TVM MILE-webinar-150616
TVM MILE-webinar-150616
 
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING?
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING? TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING?
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING?
 
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICS
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICSTVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICS
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICS
 
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reporting
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reportingTVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reporting
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reporting
 
knowledge and factor base economy sme in Pakistan
knowledge and factor base economy sme in Pakistanknowledge and factor base economy sme in Pakistan
knowledge and factor base economy sme in Pakistan
 
SIZE MATTERS-1
SIZE MATTERS-1SIZE MATTERS-1
SIZE MATTERS-1
 
TCI 2014 The Reindustrialization of North America
TCI 2014 The Reindustrialization of North America TCI 2014 The Reindustrialization of North America
TCI 2014 The Reindustrialization of North America
 
Macro 3
Macro 3Macro 3
Macro 3
 

En vedette

TVA p3 00 NATURAL CAPITAL 151020
TVA p3 00 NATURAL CAPITAL 151020TVA p3 00 NATURAL CAPITAL 151020
TVA p3 00 NATURAL CAPITAL 151020Peter Burgess
 
TVA p3 00 ISSUES 151012
TVA p3 00 ISSUES 151012TVA p3 00 ISSUES 151012
TVA p3 00 ISSUES 151012Peter Burgess
 
TVA p3 00 RISK 151022
TVA p3 00 RISK 151022TVA p3 00 RISK 151022
TVA p3 00 RISK 151022Peter Burgess
 
MDIA p3-11-0-PLACE-150705
MDIA p3-11-0-PLACE-150705MDIA p3-11-0-PLACE-150705
MDIA p3-11-0-PLACE-150705Peter Burgess
 
Mdia p3-13-0-product-150705
Mdia p3-13-0-product-150705Mdia p3-13-0-product-150705
Mdia p3-13-0-product-150705Peter Burgess
 
TVA p3 00 ECONOMIC GROWTH 151010
TVA p3 00 ECONOMIC GROWTH 151010TVA p3 00 ECONOMIC GROWTH 151010
TVA p3 00 ECONOMIC GROWTH 151010Peter Burgess
 
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs)
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs) TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs)
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs) Peter Burgess
 
Mdia p3-12-0-process-150705
Mdia p3-12-0-process-150705Mdia p3-12-0-process-150705
Mdia p3-12-0-process-150705Peter Burgess
 
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727Peter Burgess
 
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTING
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTINGMETRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTING
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTINGPeter Burgess
 
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814Peter Burgess
 
MDIA-p3-01-1-WHY? WHAT? HOW?
MDIA-p3-01-1-WHY? WHAT? HOW?MDIA-p3-01-1-WHY? WHAT? HOW?
MDIA-p3-01-1-WHY? WHAT? HOW?Peter Burgess
 
MDIA p3-04 CARBON CYCLE 150730
MDIA p3-04 CARBON CYCLE 150730MDIA p3-04 CARBON CYCLE 150730
MDIA p3-04 CARBON CYCLE 150730Peter Burgess
 
RISK p3-12 CLIMATE CHANGE Some of the Data 150824
RISK p3-12 CLIMATE CHANGE Some of the Data 150824RISK p3-12 CLIMATE CHANGE Some of the Data 150824
RISK p3-12 CLIMATE CHANGE Some of the Data 150824Peter Burgess
 
MDIA-p3-12 OIL AND GAS 150709
MDIA-p3-12 OIL AND GAS 150709MDIA-p3-12 OIL AND GAS 150709
MDIA-p3-12 OIL AND GAS 150709Peter Burgess
 
MDIA p3 12 COAL mining transport and combustion-150705
MDIA p3 12 COAL mining transport and combustion-150705MDIA p3 12 COAL mining transport and combustion-150705
MDIA p3 12 COAL mining transport and combustion-150705Peter Burgess
 
MDIA MAN BUILT CAPITAL 151010
MDIA MAN BUILT CAPITAL 151010MDIA MAN BUILT CAPITAL 151010
MDIA MAN BUILT CAPITAL 151010Peter Burgess
 
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE Peter Burgess
 
MDIA p3-03-RELIGION-150606
MDIA p3-03-RELIGION-150606MDIA p3-03-RELIGION-150606
MDIA p3-03-RELIGION-150606Peter Burgess
 

En vedette (20)

TVA p3 00 NATURAL CAPITAL 151020
TVA p3 00 NATURAL CAPITAL 151020TVA p3 00 NATURAL CAPITAL 151020
TVA p3 00 NATURAL CAPITAL 151020
 
TVA p3 00 ISSUES 151012
TVA p3 00 ISSUES 151012TVA p3 00 ISSUES 151012
TVA p3 00 ISSUES 151012
 
MDIA p3 MONEY
MDIA p3 MONEY MDIA p3 MONEY
MDIA p3 MONEY
 
TVA p3 00 RISK 151022
TVA p3 00 RISK 151022TVA p3 00 RISK 151022
TVA p3 00 RISK 151022
 
MDIA p3-11-0-PLACE-150705
MDIA p3-11-0-PLACE-150705MDIA p3-11-0-PLACE-150705
MDIA p3-11-0-PLACE-150705
 
Mdia p3-13-0-product-150705
Mdia p3-13-0-product-150705Mdia p3-13-0-product-150705
Mdia p3-13-0-product-150705
 
TVA p3 00 ECONOMIC GROWTH 151010
TVA p3 00 ECONOMIC GROWTH 151010TVA p3 00 ECONOMIC GROWTH 151010
TVA p3 00 ECONOMIC GROWTH 151010
 
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs)
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs) TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs)
TVA p3 0 SUSTAINABLE DEVELOPMENT GOALS (SDGs)
 
Mdia p3-12-0-process-150705
Mdia p3-12-0-process-150705Mdia p3-12-0-process-150705
Mdia p3-12-0-process-150705
 
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727
MDIA p3 09 INFRASTRUCTURE OVERVIEW 150727
 
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTING
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTINGMETRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTING
METRICS MATTER ... AN INTRODUCTION TO TRUE VALUE ACCOUNTING
 
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814
RISK p3-14 CLIMATE CHANGE ... Hansen et al predictions 2015 150814
 
MDIA-p3-01-1-WHY? WHAT? HOW?
MDIA-p3-01-1-WHY? WHAT? HOW?MDIA-p3-01-1-WHY? WHAT? HOW?
MDIA-p3-01-1-WHY? WHAT? HOW?
 
MDIA p3-04 CARBON CYCLE 150730
MDIA p3-04 CARBON CYCLE 150730MDIA p3-04 CARBON CYCLE 150730
MDIA p3-04 CARBON CYCLE 150730
 
RISK p3-12 CLIMATE CHANGE Some of the Data 150824
RISK p3-12 CLIMATE CHANGE Some of the Data 150824RISK p3-12 CLIMATE CHANGE Some of the Data 150824
RISK p3-12 CLIMATE CHANGE Some of the Data 150824
 
MDIA-p3-12 OIL AND GAS 150709
MDIA-p3-12 OIL AND GAS 150709MDIA-p3-12 OIL AND GAS 150709
MDIA-p3-12 OIL AND GAS 150709
 
MDIA p3 12 COAL mining transport and combustion-150705
MDIA p3 12 COAL mining transport and combustion-150705MDIA p3 12 COAL mining transport and combustion-150705
MDIA p3 12 COAL mining transport and combustion-150705
 
MDIA MAN BUILT CAPITAL 151010
MDIA MAN BUILT CAPITAL 151010MDIA MAN BUILT CAPITAL 151010
MDIA MAN BUILT CAPITAL 151010
 
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE
MDIA p3-04-11-HUMAN CAPITAL ... PEOPLE
 
MDIA p3-03-RELIGION-150606
MDIA p3-03-RELIGION-150606MDIA p3-03-RELIGION-150606
MDIA p3-03-RELIGION-150606
 

Similaire à TVA p3 00 WHY SOCIETY NEEDS BETTER METRICS 151005

MDIA-p3-01-4-PERSPECTIVES
MDIA-p3-01-4-PERSPECTIVESMDIA-p3-01-4-PERSPECTIVES
MDIA-p3-01-4-PERSPECTIVESPeter Burgess
 
TVA p3 01 PERSPECTIVES
TVA p3 01 PERSPECTIVES TVA p3 01 PERSPECTIVES
TVA p3 01 PERSPECTIVES Peter Burgess
 
Mdia p3-01-why-what-how-150420
Mdia p3-01-why-what-how-150420Mdia p3-01-why-what-how-150420
Mdia p3-01-why-what-how-150420Peter Burgess
 
Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Peter Burgess
 
TVA p3 00 WHAT IS TVA?
TVA p3 00 WHAT IS TVA?TVA p3 00 WHAT IS TVA?
TVA p3 00 WHAT IS TVA?Peter Burgess
 
Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Peter Burgess
 
Tvm mile-webinar-150616-temp
Tvm mile-webinar-150616-tempTvm mile-webinar-150616-temp
Tvm mile-webinar-150616-tempPeter Burgess
 
Mdia p3-03-about-process-150420
Mdia p3-03-about-process-150420Mdia p3-03-about-process-150420
Mdia p3-03-about-process-150420Peter Burgess
 
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606MDIA p3 FINANCIAL CAPITAL - 150420 - 160606
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606Peter Burgess
 
Mdia p3-03-the-product-perspective-150420a
Mdia p3-03-the-product-perspective-150420aMdia p3-03-the-product-perspective-150420a
Mdia p3-03-the-product-perspective-150420aPeter Burgess
 
MDIA p3-03-SOCIAL CAPITAL 151009
MDIA p3-03-SOCIAL CAPITAL 151009MDIA p3-03-SOCIAL CAPITAL 151009
MDIA p3-03-SOCIAL CAPITAL 151009Peter Burgess
 
TVA p3 00 WHY? HOW? WHAT? 160111
TVA p3 00 WHY? HOW? WHAT? 160111TVA p3 00 WHY? HOW? WHAT? 160111
TVA p3 00 WHY? HOW? WHAT? 160111Peter Burgess
 
Mdia p3-02-man-built-capital-150420
Mdia p3-02-man-built-capital-150420Mdia p3-02-man-built-capital-150420
Mdia p3-02-man-built-capital-150420Peter Burgess
 
TVA p3 00 SUPPLY CHAIN 151005
TVA p3 00 SUPPLY CHAIN 151005TVA p3 00 SUPPLY CHAIN 151005
TVA p3 00 SUPPLY CHAIN 151005Peter Burgess
 

Similaire à TVA p3 00 WHY SOCIETY NEEDS BETTER METRICS 151005 (18)

MDIA-p3-01-4-PERSPECTIVES
MDIA-p3-01-4-PERSPECTIVESMDIA-p3-01-4-PERSPECTIVES
MDIA-p3-01-4-PERSPECTIVES
 
TVA p3 01 PERSPECTIVES
TVA p3 01 PERSPECTIVES TVA p3 01 PERSPECTIVES
TVA p3 01 PERSPECTIVES
 
SIZE MATTERS-4
SIZE MATTERS-4SIZE MATTERS-4
SIZE MATTERS-4
 
Mdia p3-01-why-what-how-150420
Mdia p3-01-why-what-how-150420Mdia p3-01-why-what-how-150420
Mdia p3-01-why-what-how-150420
 
Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420
 
TVA p3 00 WHAT IS TVA?
TVA p3 00 WHAT IS TVA?TVA p3 00 WHAT IS TVA?
TVA p3 00 WHAT IS TVA?
 
Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420Mdia p3-03-perspectives-150420
Mdia p3-03-perspectives-150420
 
TVA for MDM 3of10
TVA for MDM 3of10TVA for MDM 3of10
TVA for MDM 3of10
 
Tvm mile-webinar-150616-temp
Tvm mile-webinar-150616-tempTvm mile-webinar-150616-temp
Tvm mile-webinar-150616-temp
 
Mdia p3-03-about-process-150420
Mdia p3-03-about-process-150420Mdia p3-03-about-process-150420
Mdia p3-03-about-process-150420
 
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606MDIA p3 FINANCIAL CAPITAL - 150420 - 160606
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606
 
Mdia p3-03-the-product-perspective-150420a
Mdia p3-03-the-product-perspective-150420aMdia p3-03-the-product-perspective-150420a
Mdia p3-03-the-product-perspective-150420a
 
MDIA p3-03-SOCIAL CAPITAL 151009
MDIA p3-03-SOCIAL CAPITAL 151009MDIA p3-03-SOCIAL CAPITAL 151009
MDIA p3-03-SOCIAL CAPITAL 151009
 
TVA for MDM 6of10
TVA for MDM 6of10TVA for MDM 6of10
TVA for MDM 6of10
 
TVA p3 00 WHY? HOW? WHAT? 160111
TVA p3 00 WHY? HOW? WHAT? 160111TVA p3 00 WHY? HOW? WHAT? 160111
TVA p3 00 WHY? HOW? WHAT? 160111
 
Mdia p3-02-man-built-capital-150420
Mdia p3-02-man-built-capital-150420Mdia p3-02-man-built-capital-150420
Mdia p3-02-man-built-capital-150420
 
TVA p3 00 SUPPLY CHAIN 151005
TVA p3 00 SUPPLY CHAIN 151005TVA p3 00 SUPPLY CHAIN 151005
TVA p3 00 SUPPLY CHAIN 151005
 
TVA p3 DRAFT C
TVA p3 DRAFT C TVA p3 DRAFT C
TVA p3 DRAFT C
 

Dernier

From Command Line to Reporting Line: The Diary of a First-Time EM
From Command Line to Reporting Line: The Diary of a First-Time EMFrom Command Line to Reporting Line: The Diary of a First-Time EM
From Command Line to Reporting Line: The Diary of a First-Time EMGloria Chow
 
An Important Step Toward Process Improvement
An Important Step Toward Process ImprovementAn Important Step Toward Process Improvement
An Important Step Toward Process ImprovementCIToolkit
 
Making Sense of Multiple Ideas with Affinity Diagrams
Making Sense of Multiple Ideas with Affinity DiagramsMaking Sense of Multiple Ideas with Affinity Diagrams
Making Sense of Multiple Ideas with Affinity DiagramsCIToolkit
 
Forget Fiverr : Fractional Employment the ins and outs
Forget Fiverr : Fractional Employment the ins and outsForget Fiverr : Fractional Employment the ins and outs
Forget Fiverr : Fractional Employment the ins and outsStephan Koning
 
The Role of Fishbone Diagram in Analyzing Cause and Effect
The Role of Fishbone Diagram in Analyzing Cause and EffectThe Role of Fishbone Diagram in Analyzing Cause and Effect
The Role of Fishbone Diagram in Analyzing Cause and EffectCIToolkit
 
What is 5S principles of trainers for training institutions.pdf
What is 5S principles of trainers for training institutions.pdfWhat is 5S principles of trainers for training institutions.pdf
What is 5S principles of trainers for training institutions.pdfBALASUNDARESAN M
 
Test_document_upload_SQL_minimum_fourteen
Test_document_upload_SQL_minimum_fourteenTest_document_upload_SQL_minimum_fourteen
Test_document_upload_SQL_minimum_fourteenolgaz9
 
Performance Management Notes for MBA Students
Performance Management Notes for MBA StudentsPerformance Management Notes for MBA Students
Performance Management Notes for MBA StudentsManickam Gajapathy
 
HR for Non HR_Learning and Development.
HR for Non HR_Learning  and Development.HR for Non HR_Learning  and Development.
HR for Non HR_Learning and Development.azischin
 
Organizations in a Future with Generative AI
Organizations in a Future with Generative AIOrganizations in a Future with Generative AI
Organizations in a Future with Generative AIKye Andersson
 
Roadway to GDSC- Session 1 Powerpoint Presentation
Roadway to GDSC- Session 1 Powerpoint PresentationRoadway to GDSC- Session 1 Powerpoint Presentation
Roadway to GDSC- Session 1 Powerpoint Presentationgdscghrcem
 
Value Stream Map: A Visual Approach to Process Optimization
Value Stream Map: A Visual Approach to Process OptimizationValue Stream Map: A Visual Approach to Process Optimization
Value Stream Map: A Visual Approach to Process OptimizationCIToolkit
 
A3 Thinking: A Structured Approach to Problem Solving
A3 Thinking: A Structured Approach to Problem SolvingA3 Thinking: A Structured Approach to Problem Solving
A3 Thinking: A Structured Approach to Problem SolvingCIToolkit
 
Analyzing and Monitoring Processes through Time Value Mapping
Analyzing and Monitoring Processes through Time Value MappingAnalyzing and Monitoring Processes through Time Value Mapping
Analyzing and Monitoring Processes through Time Value MappingCIToolkit
 
How the Heck do you Teach Level Design? Educating in the Studio
How the Heck do you Teach Level Design? Educating in the StudioHow the Heck do you Teach Level Design? Educating in the Studio
How the Heck do you Teach Level Design? Educating in the StudioChristopher Totten
 
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...AgileNetwork
 
Applying the PDCA Cycle: A Blueprint for Continuous Improvement
Applying the PDCA Cycle: A Blueprint for Continuous ImprovementApplying the PDCA Cycle: A Blueprint for Continuous Improvement
Applying the PDCA Cycle: A Blueprint for Continuous ImprovementCIToolkit
 
Empowering Resilience & Strategic Growth: Insights for Emerging Leaders
Empowering Resilience & Strategic Growth: Insights for Emerging LeadersEmpowering Resilience & Strategic Growth: Insights for Emerging Leaders
Empowering Resilience & Strategic Growth: Insights for Emerging LeadersMahmoud Rabie
 
Improving Operations through Observation and Gemba Walks
Improving Operations through Observation and Gemba WalksImproving Operations through Observation and Gemba Walks
Improving Operations through Observation and Gemba WalksCIToolkit
 

Dernier (20)

From Command Line to Reporting Line: The Diary of a First-Time EM
From Command Line to Reporting Line: The Diary of a First-Time EMFrom Command Line to Reporting Line: The Diary of a First-Time EM
From Command Line to Reporting Line: The Diary of a First-Time EM
 
An Important Step Toward Process Improvement
An Important Step Toward Process ImprovementAn Important Step Toward Process Improvement
An Important Step Toward Process Improvement
 
Making Sense of Multiple Ideas with Affinity Diagrams
Making Sense of Multiple Ideas with Affinity DiagramsMaking Sense of Multiple Ideas with Affinity Diagrams
Making Sense of Multiple Ideas with Affinity Diagrams
 
Forget Fiverr : Fractional Employment the ins and outs
Forget Fiverr : Fractional Employment the ins and outsForget Fiverr : Fractional Employment the ins and outs
Forget Fiverr : Fractional Employment the ins and outs
 
The Role of Fishbone Diagram in Analyzing Cause and Effect
The Role of Fishbone Diagram in Analyzing Cause and EffectThe Role of Fishbone Diagram in Analyzing Cause and Effect
The Role of Fishbone Diagram in Analyzing Cause and Effect
 
What is 5S principles of trainers for training institutions.pdf
What is 5S principles of trainers for training institutions.pdfWhat is 5S principles of trainers for training institutions.pdf
What is 5S principles of trainers for training institutions.pdf
 
Test_document_upload_SQL_minimum_fourteen
Test_document_upload_SQL_minimum_fourteenTest_document_upload_SQL_minimum_fourteen
Test_document_upload_SQL_minimum_fourteen
 
Performance Management Notes for MBA Students
Performance Management Notes for MBA StudentsPerformance Management Notes for MBA Students
Performance Management Notes for MBA Students
 
HR for Non HR_Learning and Development.
HR for Non HR_Learning  and Development.HR for Non HR_Learning  and Development.
HR for Non HR_Learning and Development.
 
Organizations in a Future with Generative AI
Organizations in a Future with Generative AIOrganizations in a Future with Generative AI
Organizations in a Future with Generative AI
 
Roadway to GDSC- Session 1 Powerpoint Presentation
Roadway to GDSC- Session 1 Powerpoint PresentationRoadway to GDSC- Session 1 Powerpoint Presentation
Roadway to GDSC- Session 1 Powerpoint Presentation
 
Value Stream Map: A Visual Approach to Process Optimization
Value Stream Map: A Visual Approach to Process OptimizationValue Stream Map: A Visual Approach to Process Optimization
Value Stream Map: A Visual Approach to Process Optimization
 
A3 Thinking: A Structured Approach to Problem Solving
A3 Thinking: A Structured Approach to Problem SolvingA3 Thinking: A Structured Approach to Problem Solving
A3 Thinking: A Structured Approach to Problem Solving
 
Analyzing and Monitoring Processes through Time Value Mapping
Analyzing and Monitoring Processes through Time Value MappingAnalyzing and Monitoring Processes through Time Value Mapping
Analyzing and Monitoring Processes through Time Value Mapping
 
How the Heck do you Teach Level Design? Educating in the Studio
How the Heck do you Teach Level Design? Educating in the StudioHow the Heck do you Teach Level Design? Educating in the Studio
How the Heck do you Teach Level Design? Educating in the Studio
 
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...
ANIn Coimbatore March 2024 | Agile & AI in Project Management by Dhilipkumar ...
 
Applying the PDCA Cycle: A Blueprint for Continuous Improvement
Applying the PDCA Cycle: A Blueprint for Continuous ImprovementApplying the PDCA Cycle: A Blueprint for Continuous Improvement
Applying the PDCA Cycle: A Blueprint for Continuous Improvement
 
Capacity2 - Briefing and Facilitation training slides
Capacity2 - Briefing and Facilitation training slidesCapacity2 - Briefing and Facilitation training slides
Capacity2 - Briefing and Facilitation training slides
 
Empowering Resilience & Strategic Growth: Insights for Emerging Leaders
Empowering Resilience & Strategic Growth: Insights for Emerging LeadersEmpowering Resilience & Strategic Growth: Insights for Emerging Leaders
Empowering Resilience & Strategic Growth: Insights for Emerging Leaders
 
Improving Operations through Observation and Gemba Walks
Improving Operations through Observation and Gemba WalksImproving Operations through Observation and Gemba Walks
Improving Operations through Observation and Gemba Walks
 

TVA p3 00 WHY SOCIETY NEEDS BETTER METRICS 151005

  • 1. WHY SOCIETY NEEDS BETTER METRICS File: MDIA-p3-01-1-WHY-151005.odp Peter Burgess (c) All rights reserved TRUE VALUE ACCOUNTING TRUE VALUE ACCOUNTING
  • 2. CONTEXT This slideset is a Work-in-Progress and will be updated from time to time. It is part of a series that aims to describe the extremely complex socio-enviro-economic system that we live in, and how this system can be made to work better. TRUE VALUE ACCOUNTING
  • 3. The GOAL is to design and deploy a system of metrics for management that accounts for impact on people and planet as rigorously as double entry accounting accounts for money transactions that impact profit MULTI DIMENSION IMPACT ACCOUNTING
  • 4. Corporate profit performance over the past fifty years has been impressive … MULTI DIMENSION IMPACT ACCOUNTING
  • 5. GDP growth over the past 50 years very strong … MULTI DIMENSION IMPACT ACCOUNTING
  • 6. But labor income over the past fifty years … not so good. MULTI DIMENSION IMPACT ACCOUNTING
  • 7. And environmental issues getting worse … not better. MULTI DIMENSION IMPACT ACCOUNTING
  • 8. This is an unsustainable trajectory for our complex global socio-enviro-economic system MULTI DIMENSION IMPACT ACCOUNTING
  • 9. SOCIO … PEOPLE ENVIRO … PLANET ECONOMIC … MAN BUILT CAPITAL MULTI DIMENSION IMPACT ACCOUNTING
  • 10. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPSOCIO - PEOPLE
  • 11. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPSOCIO - PEOPLE
  • 12. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPENVIRO - PLANET
  • 13. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPENVIRO - PLANET
  • 14. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPECONOMIC – MAN BUILT CAPITAL
  • 15. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPECONOMIC – MAN BUILT CAPITAL
  • 16. The balance between PEOPLE, PLANET and PROFIT is most likely unsustainable … MULTI DIMENSION IMPACT ACCOUNTING
  • 17. The following slides reflect what has happened over the past millions of years … MULTI DIMENSION IMPACT ACCOUNTING
  • 18. YELLOW: The PEOPLE piece … Human Capital (NC) DIRTY BROWN: The ECONOMIC piece … Man Built Capital (MBC) GREEN: NATURE, ENVIRONMENT … Natural Capital (NC) MULTI DIMENSION IMPACT ACCOUNTING COLOR KEY
  • 19. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 20. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 21. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 22. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 23. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 24. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 25. Trajectory to disaster! This must be changed to this … MULTI DIMENSION IMPACT ACCOUNTING
  • 26. MULTI DIMENSION IMPACT ACCOUNTING Hum an Capital Man Built Capital Natural Capital
  • 27. PEOPLE progressing MBC* efficient PLANET healthy MULTI DIMENSION IMPACT ACCOUNTING * Man Built Capital … Man Built Structures and Systems
  • 28. For the past 50 years, using conventional metrics, the system has optimized for performance of FINANCIAL CAPITAL but while ignoring everything else ... MULTI DIMENSION IMPACT ACCOUNTING
  • 29. ECONOMIC GROWTH 1970 to 2011 CORPORATE PROFITS ... GDP … LABOR INCOME ... MULTI DIMENSION IMPACT ACCOUNTING 3,600% 1,500% 1,100%
  • 31. According to Federal Reserve data, wages and salaries as a % of GDP has declined steadily since 1970 MULTI DIMENSION IMPACT ACCOUNTING
  • 33. In the 1950s and 1960s wages and salaries were gaining moderately while profits were declining. Since the 1980s profits have increased strongly while wages and salaries have been decreasing as a share of GDP. MULTI DIMENSION IMPACT ACCOUNTING
  • 35. Robert Reich … former Secretary of Labor in the 1990s … shows pay rose with productivity until 1979 and then it didn't ... MULTI DIMENSION IMPACT ACCOUNTING
  • 37. Since 1950 world PER CAPITA GDP has grown more rapidly than at any previous time ... MULTI DIMENSION IMPACT ACCOUNTING
  • 39. … but this is an average that does not mean very much … MULTI DIMENSION IMPACT ACCOUNTING
  • 40. Rich countries and rich people have increased their income and wealth much more significantly than poor countries and poor people as these data for the USA and the UK show ... MULTI DIMENSION IMPACT ACCOUNTING
  • 42. … but the metrics are not getting it right … MULTI DIMENSION IMPACT ACCOUNTING
  • 43. The growth in GDP for the USA over the period from 1945 to the present has been phenomenal … but the HAPPINESS of Americans has deteriorated in this time. MULTI DIMENSION IMPACT ACCOUNTING
  • 44. Corporate money profit performance over the past fifty years has been impressive MULTI DIMENSION IMPACT ACCOUNTING
  • 45. The growth in GDP also has a strong correlation with increasing stress on planetary resources and the environment. MULTI DIMENSION IMPACT ACCOUNTING
  • 46. The growth in global population is not as serious a problem as the growth in GDP … MULTI DIMENSION IMPACT ACCOUNTING
  • 48. THE CHALLENGE … MULTI DIMENSION IMPACT ACCOUNTING
  • 49. There has been an amazing improvement in productivity over the past 40 years … and almost all the benefits derived from the increases in productivity have accrued to owners. MULTI DIMENSION IMPACT ACCOUNTING
  • 50. This is what Business Schools teach … and they do it very well. MULTI DIMENSION IMPACT ACCOUNTING
  • 51. In order for the socio-enviro- economic system to be optimized for people and planet and profit, an improved system of metrics is an absolutely essential prerequisite. MULTI DIMENSION IMPACT ACCOUNTING
  • 52. … and this is what Multi Dimension Impact Accounting (MDIA) is all about. MULTI DIMENSION IMPACT ACCOUNTING
  • 53. REMINDER This slideset is A WORK-IN-PROGRESS. It will be upgraded periodically. It is part of a series of more than 100 slidesets. Navigation to these is available here: FEEDBACK is welcome. Please email to Peter Burgess … peterbnyc@gmail.com … with a catchy phrase in the subject line so that it gets attention, and please identify the specific slideset(s) involved. http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3 TRUE VALUE ACCOUNTING
  • 54. THANK YOU Some links and contact information: Email Peter Burgess … peterbnyc@gmail.com Peter Burgess LinkedIn profile https://www.linkedin.com/in/peterburgess1 Link to TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link to navigation to other resources: http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav#1 TRUE VALUE ACCOUNTING