PURPOSE is a first step in understanding what an initiative is trying to do. This short presentation describes what MDIA (multi dimension impact accounting) is designed to do. Note that MDIA considers the purpose of economic activity to be to sustain and improve quality of life and standard of living for PEOPLE. The organization is a subsidiary component, albeit important.

1. 01:32 PM
peterbnyc@gmail.com
www.truevaluemetrics.org
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
PURPOSE
The PURPOSE of MDIA
the reason for which something is done
or created or for which something exists
@truevaluemetric

2. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
The purpose of MDIA is to be a system of
metrics for EVERYTHING … not just the metrics
for business profit, stock prices and GDP growth!
The PURPOSE of MDIA
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp

3. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
The purpose of MDIA is to be a system of
metrics for EVERYTHING … not just the metrics
for business profit, stock prices and GDP growth!
The metrics for everything must be as rigorous
for people and planet (environment) as conventional
accounting and corporate management information
systems are for profit performance.
The PURPOSE of MDIA
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp

4. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp
The PURPOSE of MDIA

5. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
When you change the way the game is scored,
You change the way the game is played.
The PURPOSE of MDIA
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp

6. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
When you change the way the game is scored,
You change the way the game is played.
The PURPOSE of MDIA
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp

7. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
When you change the way the game is scored,
you change the way the game is played.
Consider the case of basketball. There is a simple,
rigorous way of keeping score to know who wins.
The coach plans the game before the game starts.
Each play the coach reviews how it went.
Feedback … the coach changes the play to get
the best possible result in the next play.
Doing this … a good coach wins the game.
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp
The PURPOSE of MDIA

8. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
When you change the way the game is scored,
you change the way the game is played.
Consider the case of basketball. There is a simple,
rigorous way of keeping score to know who wins.
The coach plans the game before the game starts.
Each play the coach reviews how it went.
Feedback … the coach changes the play to get
the best possible result in the next play.
Doing this … a good coach wins the game.
Every sport has sophisticated metrics ...
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp
The PURPOSE of MDIA

9. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
You manage what you measure
When you change the way the game is scored,
you change the way the game is played.
Consider the case of basketball. There is a simple,
rigorous way of keeping score to know who wins.
The coach plans the game before the game starts.
Each play the coach reviews how it went.
Feedback … the coach changes the play to get
the best possible result in the next play.
Doing this … a good coach wins the game.
Every sport has sophisticated metrics …
But in the game of life … the only metrics are
wrong metrics!
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp
The PURPOSE of MDIA

10. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
MDIA is a new system of metrics that:
●
Does measurement for everything that is
Important;
●
Recognizes that society and the economy
are complex;
●
Provides data to give incentive to behavior
change that is important; and
●
Makes accountability the norm.
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-Purpose-of-MDIA-140517.odp
The PURPOSE of MDIA

11. 01:32 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
May 2014
QUESTIONS? FEEDBACK?
peterbnyc@gmail.com
www.truevaluemetrics.org
@truevaluemetric