Inclusive Value Measurement* (IVM) provides a systematic and rigorous approach to:
(IVM) has been likened to an executive information system, the integration of a decision support system and expert system as it is used for both decision-making as well as performance measurement. (IVM) takes a holistic view and takes all factors into account, measuring them relative to the achievement of organization's goals and objectives, that is, outcomes.
(IVM) measures and combines tangible (financial) and intangible (non-financial) factors to quantify the performance and value contribution of intangibles.
(IVM) differs from other decision models as it is based on three fundamental principles:
(IVM) goes beyond tick-box, benchmarks, navigators and scorecard models in measuring performance as there is:
The performance value and financial contribution are then combined to quantify the value contribution of intangibles to the cash flow of the organization.
Over the last 15 years, IVM has provided many commercial organisations a very powerful and flexible way to manage and integrate diverse sources of value in a way that is mathematically valid and reliable, without compromising the conventional treatment of monetary value.
* IVM is a Registered Trademark of Professor P.K. M'Pherson and Building4Business is the Australasian provider of IVM™ product and services.