Measuring purpose and value: The Mutual Value Measurement Framework

16 February 2021

By Dr Paul Thambar | Monash Business School

Traditional accounting numbers and metrics don’t always tell the full story when it comes to relaying the value organisations are creating for all stakeholders. This is even more so for cooperatives and mutual enterprises (CMEs) because they carry out activities not just for revenues and profits but also to fulfil social purposes. CMEs are an example of purpose-driven organizations, seeking to measure their purpose and value.

Based on a two-year research study, I and colleagues1 developed a performance measurement framework specifically for CMEs that could help such organisations measure and communicate the value they created for members and the community in a consistent and holistic way.

Continue reading: Measuring Purpose & Value: The Mutual Value Measurement Framework
CFO Magazine, 15 February 2021