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.
Read the full article, Measuring purpose and value: The Mutual Value Measurement Framework, in CFO Magazine, 15 February 2021.