Re-discovering Measurement
7. Beyond the traditional accounting measurement paradigm
(155) An online profiling system such as that outlined in Section 6 can be put to a second purpose,
beyond its initial implementation as a means of enabling comparisons to be made among measurement approaches using a common
profiling framework.
(156) Once the criteria embedded in the framework have been refined through experience, they
can be used to address a different question: that is: What should be the target profile of a measurement system
(or systems) that is/are not bounded by the inherent limitations of the traditional accounting paradigm?
(157) The use of online profiling creates an important opportunity for measurement professionals
around the world to participate in the process of addressing this question. It will provide the opportunity to open
a debate around critical questions, such as: what should be the objects and properties measured by a measurement
system that embodies a new measurement paradigm?
(158) VMRC intends to facilitate these debates and discussions in the coming months,
and will keep all New Paradigm Initiative participants informed as the process unfolds.
