CorporateMOM
Corporate Management Orbiter Mission.
Podcast Episode 98 8-03 My IPR – IBCM – enables Knowledge Base for Accountability
8-03 My IPR IBCM Knowledge Base.mp3
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Podcast Episode 98 8-03 My IPR – IBCM – enables Knowledge Base for Accountability
8-03 Journey from Accounting to Accountability – My IPR – IBCM – enables Knowledge Base for Accountability
Journey from Accounting to Accountability – My IPR – IBCM – enables Knowledge Base for Accountability.
Rules express the truth and justify the conduct. The rules are provided by accounting, quantitative elements of management whereas how people conduct themselves within a company, we are not aware of. And this is why we do not have the knowledge base of accountability.
The goal of ethics is the knowledge base. Knowledge base of quantitative elements of management, we have the balance sheet. Whereas knowledge base of qualitative elements is missing and empty. That is where I would like to present my IPR, IBCM – Inactivity Based Cost Management. Activity has a cost incidence Whereas inactivity, a cost consequence.
Measure cost consequence now, now, now. That is the main theme.
How do we measure the cost consequence? There are five principles by which IBCM provides you with, which will enable you creating a knowledge base for your company.
The knowledge base is made up of five principles.
Principle#1: What gets measured, gets managed
Qualitative elements escape the measurement.
Then what do we have to do for that?
Go for Principle#2. Measure what is measurable and make measurable what is not so, So said, Galileo, Galileo. Let us follow that.
Principle#3: Corporate Atomic Structure.
The Corporate Atomic Structure. is what we have been talking about, the ecosystem. We have been just talking, now we are going to implement it by way of corporate critical density.
Principle#4: is The Return on THE Intangible [RoTI]
For The Return on THE Intangible, denominator is intangible.
It opens up everything to provide you with EPP, Effort Per Person. It enables to tap the immense potential each human possesses. This would be the crux of our future growth in agriculture, industry and commerce.
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