CorporateMOM
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Podcast Episode 101 8-06 With Metrics – Management Mantra Crunches Corporate Data
8-06 Management Manthra.mp3
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Podcast Episode 101 8-06 With Metrics – Management Mantra Crunches Corporate Data
8-06 With Metrics – Management Manthra Crunches Corporate Data
[Takeaway for this post – With Metrics, Management Manthra, Crunches Corporate Data. Who wants AI, in an era of half-page report for decision making?]
Transcript
Happy Holi.
Here are 5 key points summarized from the transcript:
1. I discuss bringing science to management, particularly focusing on Einstein’s equation E=mc².
2. They relate the equation’s components (energy, mass, and speed of light) to business concepts like intangible assets and financial statements.
3. I describe three stages: liberated energy (E), matter waiting to become energy (M), and the collision of matter and antimatter (C²).
4. They suggest that energy is represented in profit and loss statements, while matter waiting to become energy can be seen in various business metrics.
5. I recommend converting “matter waiting to happen” into energy by moving it into profit and loss statements and balance sheets for better business outcomes.
We say a Matter is the one that takes a space and has a Mass. This is very important when we look into intangible assets. A non-monetary asset without a physical substance is no longer valid with physics being brought into the focus.
So ICAI has to take care of it.
Regards
Jayaraman
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