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Peter Burgess
Works at True Value Metrics
Attended Blundells School and Sidney Sussex College, Cambridge
Lives in New York
2,073 followers|35,423 views
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Peter Burgess

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I like this ... and I think the way it gets traction is having metrics that really work. This essay explains my point of view:
http://www.truevaluemetrics.org/DBpdfs/MDIA/TVM-Short-Introduction-to-7D-Capitalism-and-MDIA-141212a.pdf
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Peter Burgess

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It is high time that ALL big companies took responsibility for the supply chain that they use to get their raw materials ... and indeed everyone!
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That Gd
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Peter Burgess

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2 weeks ago kurtilein3 said ... 'he is a global warming denier. i hate him for that.'

NO ... Bjorn Lomborg is arguing for a very much better allocation or resources so that the world is a better place, where quality of life is better, and where things are done better to maintain and improve quality of life. 

The simplistic climate change discussion tends to get answers that our economic system cannot fund ... while the Bjorn approach gives a flourishing economy AND the resources to change what needs to change. 

Peter Burgess - TrueValueMetrics
Multi Dimension Impact Accounting 
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I quickly looked at his book...in my opinion his data analysis was horrible...garbage...if an engineer/scientist walked into my office with an argument that bad (and they were senior not junior) I'd probably launch them...that said I DO agree that allocation of resources is critical and from what I see we are doing a horrible job of that...but that goes back to what is it we are trying to do and what is the mechanism we are trying to act against....not easy questions.

My comment on bad data analysis is NOT a statement on the validity of his conclusions...however I don't like how he got there so I am very unconvinced...
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Peter Burgess

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Why, exactly would anyone want to give to WHOLE WORLD WATER. There is something missing from this proposition ... or is it me that is missing something?
Peter Burgess - TrueValueMetrics
Multi Dimension Impact Accounting 
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Peter Burgess

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Good to see this material. I started off as a science student, then migrated to engineering (that included thermodynamics) before some economics and eventually accountancy. I have worked in the corporate environment to improve profit performance and also in international socio-economic development to improve the state of society. Now I am working to develop a practical system of value accounting that I call Multi Dimension Impact Accounting (MDIA) which embraces many of the ideas articulated in this video. 

Peter Burgess - TrueValueMetrics
Multi Dimension Impact Accounting 
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Peter Burgess

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This is an inspiring piece. I am also an optimist because young people seem to understand the huge issues that have to be faced, but are not wedded to the outdated and dangerous ideas of my generation. I know how far our understanding of science has progressed and I know how amazing modern IT is compared to what was available  (essentially zero) when I finished my formal education 50 years ago. The big leaders of today are still using approaches that are from the stone age. Change is coming. 

Peter Burgess - TrueValueMetrics
Multi Dimension Impact Accounting
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+Peter Burgess hope you have a wonderful Birthday:))
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Peter Burgess

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Most people, given the chance, are nice people ... but the enviro-socio-economic system that dominates everyone's lives has an inordinate focus on creating wealth for investors and having everything else subservient to this goal. This is what has been taught at the big name business schools for at least a half century. People and planet are subservient to profit. Most people would love for this to be different, but this change is going to be difficult. I argue (as a former CFO) that when we have a better way of scoring the game of business and the game of life, then we will change the way the game is played. This essay explains in more detail: 
http://www.truevaluemetrics.org/DBpdfs/MDIA/TVM-Short-Introduction-to-7D-Capitalism-and-MDIA-141212a.pdf
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Happy birthday! Best wishes .
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Peter Burgess

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This has been an interesting talk. I was the CFO of an international fishing (shrimp) back in the 1970s before getting involved in international development assistance (planning, oversight and evaluation). Our company did some resource analysis work for the FAO where fisheries population dynamics was in its infancy and headed up by Dr. John Gulland FRS.

I am impressed by the way data science has progressed  ... but the use of data for good decisions has a long long way to go. In my view this is a very big issue. As a professionally trained accountant, I am bothered by the world's singular focus on profit as a 'good thing' because a huge part of the important externalities that are incredibly important are totally ignored by the world's decision makers. 

We live in a complex worlds ... the tools for decision making are not up to the challenge. 

Peter Burgess - TrueValueMetrics - Multi Dimension Impact Accounting 
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Peter Burgess

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This is one of the most inspiring visions for the future that I have ever heard. There has been incredible progress in the capabilities of technology since I trained in the City in the early 1960s, but the use of technology has been mainly for quite limited purposes ... Peter Head's vision is for technology to be used to the fullest for the benefit of everyone without doing damage to the planet. Brilliant. 
Peter Burgess - TrueValueMetrics
Multi Dimension Impact Accounting 
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Peter Burgess

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I love the tax proposal that gets made by Robert H. Frank
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Peter Burgess

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I love the idea of Doughnut Economics ... and most of what is in the 3 video series. The one big thing that is missing from my perspective is some clarity about radical reform of the business and socio-economic metrics that are pushing almost everything in a profitable unsustainable direction. I want to see Multi Dimension Impact Accounting (MDIA) so that everyone can become engaged in behavior change that matters
Peter Burgess - TrueValueMetrics
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Work
Occupation
Consultant ... training and deployment of True Value Metrics
Employment
  • True Value Metrics
    Founder CEO, present
  • Community Analytics (CA)
    present
  • Tr-Ac-Net Inc.
    present
  • Burgess Management Associates
    present
  • The Burgess Press
    present
  • Davy Ashmore Group
  • Cooper Brothers & Co
  • Coopers and Lybrand
  • H.A.Simons International Ltd.
  • Aerosol Techniques Inc
  • Gulton Industries Inc.
  • Southern States Inc.
  • Continental Seafoods Inc.
  • Barents Group (KPMG)
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
New York
Previously
Okehampton - London - Sheffield - Belfast - Vancouver - Houston - Beaumont - New Haven - Trenton - Atlanta - Montclair - New York - Lagos - Antananarivo - Kuwait -
Story
Tagline
Value is the basis of a sound economy and quality of life, not profit and greed!
Introduction
I learned some engineering and economics at Cambridge, and then some accountancy in London. My work with the private corporate sector informed me of technological potential, and then consultancy with UN,  World Bank and others showed me the huge dysfunction of leadership and terribly missed opportunities. Working on value metrics to supplement profit accountancy!
Bragging rights
Played rugby at international schoolboy level!
Education
  • Blundells School and Sidney Sussex College, Cambridge
    1958
  • Cambridge University
Basic Information
Gender
Male