IBCM Technology

Podcast Episode 60 – Action plan GDP in India 2047 – State-wise GSDP build-up – CorporateMOM

Sector-wise GDP in India 2022-23 2030-31
Action plan 2047 – State-wise GSDP build-up

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Podcast Episode 60

Sector-wise GDP in India 2022-23 2030-31
Action plan 2047 – State-wise GSDP build-up

Executive Summary

1. I am worth something now:

To quote Vincent Van Gogh, “If I am worth anything later, I am worth something now. For wheat is wheat, even if people think it is a grass in the beginning.” My theme for 2024 is ‘unleashing other people’s energy’. I have published several papers such as ‘ERP is passé. Embrace EPP- Effort per Person.’ In this podcast episode, I state, that India’s economy will see accelerated growth from 2024 to 2030 to 2047, but this requires unleashing the energy of all employees. That’s the theme.

2. GDP projections for India: I discuss the GDP projections for India in 2030-31 across agriculture, industry, and services sectors. Agriculture and Industry are given a markup while public administration is given a markdown. I explain how Daily growth rates (CDGR) and daily reduction rates (CDRR) are important to achieve 2030-31 targets starting April 1, 2024.

3. List of Indian states and union territories: I give a breakdown of GSDP for various Indian states, noting some discrepancies between different data sources. I recommend that the top 6 states, target reaching $1 trillion GSDP, using Gujarat as an example to reach $1.5 trillion by 2030. I advocate reducing bureaucracy and public administration to enable the growth of companies and the economy. I propose a methodology to measure individual and company contributions to state GSDP based on physics, quantum physics, and metaphysics, the Science of Management Operating Systems. Track innovation, and measure performance.

4. Agriculture: To reach the agriculture goal, FPOs need to be connected with farmers and given production targets, utilizing innovations like automation, Drones, and AI.

5. Industry: For industry, companies like Tata committing large investments can be tracked to measure progress. Innovation and technology utilization are key.

6. Services: For services, expenses must be monitored and optimized, including investments in things like SAP or AI.

7. The Methodology: The methodology used for Gujarat’s GSDP planning should be replicated in every state to reach India’s $5 trillion economy target by 2030. Planning must start by April 1, 2024.

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Podcast Episode 59 – Kickstart Budgeting 2024-25 2030-31 2047-48 Now, Now, Now. CorporateMOM

The ides of March has gone, Get ready to:

Kickstart Budgeting 2024-25, 2030-31, 2047-48 Now, Now, Now.
CorporateMOM

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Podcast Episode 59

The ides of March has gone, Get ready to:
Kickstart Budgeting 2024-25, 2030-31, 2047-48 Now, Now, Now.
Budgeting for Roadmap India 2047
CorporateMOM

Beware the ides of March
Kickstart Budgeting 2024-25, 2030-31, 2047-48 Now, Now, Now.
Budgeting for Roadmap India 2047

1. Beware the ides of March: This time of the year, companies frantically try to reach targets set a year earlier. CorporateMOM looks at the futility of our budgeting exercise that truly had stunted our growth. Looking ahead “Kickstart Budgeting 2024-25, 2030-31, 2047-48 Now, Now, Now”, is what CorporateMOM calls for a complete change in the Annual Budgeting we do.

2. Roadmap India 2047: Prime Minister Modi has set a target of $5 trillion and $20 trillion GDP in the next two decades for India to reach the heights of a developed economy among the comity of nations. Budgeting exercise is a tame affair. That’s what CorporateMOM cautions, Beware the ides of March. Having set a GDP Target of $20 trillion by 2047 if companies follow the same Annual Budgeting exercise then we would all be hitting the 15 of March of 2048 the same way. Companies must change their methodologies.

3. Budgeting for Roadmap India 2047: Budgeting for 2047 Now, Now, Now is different from what we have been doing for the last 6 decades. Sector-wise GDP in India [2022-23] Agriculture, Industry, and Services are analyzed and projected to 2030-31 figure to match $5 trillion GDP. If India’s 2030, and 2047 GDP figures are to be achieved safely then every entity in all the three sectors referred needs to participate fully.

4. Budgeting for Creative Process and Action Process: Areas that are critical for India’s target of 2047 are analyzed as the Creative Process and the Action Process. As an example, Global Production of selected Energy Transition Metals 2021-40, scaling up from $4.9 trillion in 2018 to $13 trillion in 2040, and at the same time Fossil Fuels dependency is reduced from $70 trillion to $19 trillion in the same period. This is huge. Two important formulae I deal with in my CREAM Report-analytics, are 1. CAGR to CDGR and 2. CARR to CDRR [RR being Reduction Rate and D Daily Rate] which are applied for all three sectors to move forward with a Budgeting System of Daily Growth Rate, like playing an ODI in Cricket. Set the targets for 2030, and 2047 and keep tracking by each Entity, everyday.

5. Country Ratings: Corporate Ratings are by the two processes – Creative and Action. There are no separate ratings for a company but performance ratings of individuals add up to company ratings. Similarly, Country ratings are arrived at by the performance ratings of each entity.

Links are given to Deriving Everlasting Corporate Metrics & Benchmarks, ERP is passé, Embrace EPP- Effort per Person would assist companies to align with the Roadmap India 2047.

So Beware the ides of March, date companies must change, change, change the current ex-post-facto analytics of adverse variances. EPP Effort Per Person will bring in the energy force to the set targets, be it critical metals or 3-nanometer chip.

Be prepared.

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Podcast Episode 58 – Deriving Everlasting Corporate Metrics and Benchmarks, CorporateMOM

Deriving Everlasting Corporate Metrics and Benchmarks
CorporateMOM

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Podcast Episode 58

Dynamic GDP – GNH – Database Systems,
CorporateMOM

I’d like to reiterate what I have talked earlier about the flat organization structure that we have, everybody, in every company. We are all on the debit and credit Organization structure. To make it dynamic we require a different structure. That’s what CorporateMOM stands for: establishing the connect between the entity and society. Society has to be brought in. So I’m giving here the Six Limbs and Four Auxiliary Limbs of a Corporate Body, which is the Organization structure that gives a corporate body the human form.

Six Limbs of the Corporate Body are:

1. The nose is intangible. It converts mass into pure energy.
2. Mouth is the grammar of the Corporate Atomic Structure.
3. Feet are the measurement through Powerful Metrics.
4. Ear is the dictionary of the learning management system (LMS). Project ELITE
5. Eye is the Long-Range Planning and Short-Range Action— CAGR brought to CDGR, CARR converted into CDRR Daily Reduction Rate.
6. The hand is the work.

Four Auxiliary Limbs of the Corporate Body:
I. Explication of corporate laws and management quality
II. Science of reasoning—sustainability of efficiency
III. Ethical responsibility—Sustainability of Value System
IV. Strategies—sustainability of profits and growth

In this episode I refer to #3 Feet – Metrics and Benchmarks, given as to how they are obtained as an everlasting tool of measurement for companies. I also refer to policy accidents and policy politics. Where does Google Gemini fiasco fit in as well as where does Harvard DEI fiasco fit in?

We have seen 1. ERP is passé. Embrace EPP- Effort per Person, as well as 2. Company SOS Governance Ratings. Metrics and benchmarks are critical for the success of EPP. I mention India’s GDP Plan of $20 trillion by 2047 and how this will be met by syncing with the EPP of individual companies Plan of Action.

#accenture, #kpmg, #PwC, #kpmgindia, #sganalytics, #salesforce, #ibm, #ey, #deloitte, #infosys, #tcs, #persistentsystems, #corporatemom, #genpact

#LIME, #AI, #TESLA, #Uber, #Netflix, #Nvidia, #Facebook, #Google, #Cocacola, #Walmart, #GE, #Ford, #wipro, #byjus, #bdoindia,

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Podcast Episode 57 – Dynamic GDP – GNH – Database Systems, CorporateMOM

Dynamic GDP – GNH – Database Systems,
CorporateMOM

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Podcast Episode 57

Dynamic GDP – GNH – Database Systems,
CorporateMOM

SOS Governance Standards Certification Scheme
for Audit, IT, Consulting, Companies, Universities, enabling, GDP-GNH, Combo Builder

Another interesting one from CorporateMOM. Since attending the Vibrant Gujarat 2024 I have been publishing a few posts well received by many firms. As a summary of what I have been indulging in, I present here how I intend to take it forward. A short review of relevant posts to:
1. audit:- GE Case Study
Deconstruct what is valueless: What steps GE has taken internally since KPMG was shown the door by the shareholders?
2. IT – ERP is passé. Embrace EPP- Effort per Person.
The knowledge base of the conduct of people within a company is important. It has a technical advantage over AI, which IT companies should take note of.
3. Consulting: Internal Consultants:
Promoting Consulting Firms being equipped with SOS Governance is my priority. Consulting Firms big or small cater to industrial development and growth.
4. Companies:
I earmark two posts for companies: 1. Corporate Life Cycle – Yaqui way of knowledge, and 2. SOS Governance Ratings.
For the Corporate Life Cycle, I have suggested studying the Yaqui Way of Knowledge.
At a time when India is embarking on a major economic revival, we lack the basic knowledge base as to how a company without hindrance moves forward. Companies have to take note of SOS Governance.
5. Universities:
I state in this post: CorporateMOM ~ I 4.0 Operation COURAGE – Corporate & Universities – Revitalizing – Advanced – Global – Economy
Advanced Global Economy warrants a modern-cum-corporate civilization. I look at the Universities and Companies as to how they are collaborating for this purpose.
6. GDP – GNH Combo builder. CorporateMOM decodes the Indian Statistical Ego-system Establishing a Dynamic GDP – GNH Database System.
A lot of changes need to be made in our statistical data collection and presentation. I recommend statistical data that gets added of a single farmer’s produce to the FAO stats for a country, on the go, Daily.

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Podcast Episode 56 – ERP is passé. Embrace EPP- Effort per Person – CorporateMOM

ERP is passé. Embrace EPP- Effort per Person – CorporateMOM

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Podcast Episode 56

ERP is passé. Embrace EPP- Effort per Person.

1. Capability of humankind,

2. Metaphysics:
Immanuel Kant (1724–1804) raised the question of whether a science of metaphysics with a logical structure, like that of the well-established mathematical and natural sciences, was possible. CorporateMOM has made it possible.

3. Human capability
4. Accounting and Accountability

5. Return on THE Intangible
Return on THE Intangible = (Action or Inaction)/THE Intangible. The Equation throws out a binary value of 1 or 0.

6. Valuation,
It’s the mistake of big Investors valuing or accepting a valuation of a startup at an exorbitant valuation, saying we enter at $1.5 billion and exit at $6 billion, with a mere Fin DD. If Investor Assurance is warranted by the investors they must pursue SOS Governance DD, for startups to other areas of investments. Current valuation methods must be replaced by SOS Governance – Performance Valuation at each step of value addition.

7. Embrace EPP – Strategy Plan 2030 System

What ails corporate: The Corporate is the one wing, society the other, and the government the main body, as the SOS plane is trying to fly but stuck on the tarmac. What ecosystem corporate is entangled with? What can society do about it? What do the governments do to take off? The ecosystem, corporate is faced with is as age-old as Alexander the Great set: Colonization is more secure and profitable, and territories gained by any means, justifying the conduct of men in charge. Governments are formed in the same pattern, in Genghis Khan style. Society wallows in misery and continues to be. These are the main posers in my mind. Two compelling reasons I bring to Society to be aware of the solutions I offer. 1. Break the current ecosystem, [I call it an ego-system] and 2. fuel the energy force for the SOS Plane to take off. [Book Extract – CorporateMOM]

EPP is the energy force needed to fuel the SOS Plane to take off.

I am willing to sit with the Investors to arrive at an SOS Governance DD for Byjus, as I have seen that Byjus has shown keen interest in my posts. An SOS Governance Strategy Plan 2030 could rebuild Byjus as well as the Investors getting an Assurance. This exercise could be the change manager critical for the startups.

#accenture, #kpmg, #PwC,#kpmgindia, #sganalytics, #salesforce, #ibm, #ey, #deloitte, #infosys, #tcs, #persistentsystems, #CorporateMoM, #genpact
#LIME, #AI, #TESLA, #Uber, #Netflix, #Nvidia, #Facebook, #Google, #Cocacola, #Walmart, #GE, #Ford, #Byjus,

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Podcast Episode 55 – Company SOS Governance Ratings – CorporateMOM

Company SOS Governance Ratings – CorporateMOM

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Podcast Episode 55

Company SOS Governance Ratings – CorporateMOM

During January 2024, Attending Vibrant Gujarat Global Summit 2024 I brought into focus the need for:

1. Investor Assurance,
2. Investment Opportunities,
3. Promoting Consulting Firms,
4. CorporateMOM – Certification Scheme.

There were several papers well received by major Audit, IT, and Consulting Firms. Continuing on the Constructive Collaboration I am looking at the Rating System for qualitative elements of management. Out of 200 process blocks 188 constitute qualitative elements of management that are there but in limbo, uncared. Only 12 quantitative elements are shown under the P&L and Balance Sheet we keep hammering around. Any Tom, Dick, and Hindenburg can take any major company to the cleaners upsetting a major stock market. The fault lines are too apparent. We have seen how VC Funding has derailed the startups’ initiatives. At a time when India is embarking on a major economic revival, we lack the basic knowledge base as to how a company without hindrance moves forward.

Corporate history since the Industrial Revolution has been an enormous growth in freedom of enterprise, economic prosperity, innovation, and technical and intellectual advancement. We are looking at the capability model in the industry. But, it has also furthered the stoking of greed, a slow and sure decay of morality and social order culminating in high unemployment. This is the cause of instability.

In episode 55 “Company SOS Governance Ratings – CorporateMOM” I offer a rating system with everlasting metrics and benchmarks. Whether a startup looking for VC Funding for the startup or a company going for private equity or a major company is going for an M&A, the one that is common and would decide the success of the initiative is SOS Governance DD. Without Governance DD with a mere Fin DD, the Investor Assurance doesn’t happen. Investors have to insist on SOS Governance DD.

What gets measured, gets managed is at the top of the 5 Principles IBCM enunciates. IBCM is Inactivity Based Cost Management. Activity has a cost incidence whereas inactivity has a cost consequence. Measure cost consequence Now, Now, Now, is the theme. I am giving in this episode 55 qualitative elements of process blocks 158 of them that are critical for measuring and assessing a company’s progress. The future of companies depends on these SOS Governance Ratings. Do not limit your ERP to just quantitative expand to include qualitative elements, SOS Governance Ratings System enables.

EPP Effort Per Person is the goal set for everyone, is the goal congruence.

If you take one big conglomerate like Reliance, Adani Enterprises, Tata Group or TVS Group the qualitative elements are common for the group whereas quantitative elements are special to respective business segments. The qualitative elements are common on a national grid of governance. Stock markets would not be greatly affected by the adverse variance in quantitative aspects but in qualitative aspects. That assurance of CoBP – Code of Business Principles adopted by individual companies would take them ahead of foreign competition.

Investment opportunities for Indian companies grow exponentially. Consulting firms can do their bid to promote such companies. I shall stand by the certification scheme for SOS Governance Ratings. Companies be certified.

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Podcast Episode 54 – Constructive Collaboration – CorporateMOM with a GE Case Study

Constructive Collaboration – CorporateMOM with a GE Case Study

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Podcast Episode 54

Constructive Collaboration – CorporateMOM with a GE Case Study

Bring the abstractions into reality, acknowledge value where value is due, and deconstruct what is valueless.

CorporateMOM looks at GE, based on the article “GE divorced from KPMG after 111 years” by Iridium. By 2018 GE had become a byword for corporate scandal, accusations of corruption, regulatory sanction, and illegal accounting practices. Truly shocking to me to read the article. I raised the issue of “Deconstruct what is valueless” and what steps GE has taken internally since KPMG as Auditors had been replaced.

The report by Iridium – This cozy relationship between auditor and audited is under increasing scrutiny. It simply does not fit with the current mood of regulatory governance to keep such an important relationship unchallenged and intact for so long taken note of, vis-a-vis SOS [Subject-Object-Self] Governance Due Diligence.

June 22, 2020, is the day KPMG left the space for Deloitte that I mentioned on “Construct Values” with an IFRS mission statement – The purpose of international accounting standards is “to develop IFRS® Standards that bring transparency, accountability, and efficiency to financial markets around the world.

Referencing Prof. Ashwath’s The Corporate Life Cycle I move on to ‘The Role of Auditors’ and offer the SOS Governance Standards. The Corporate Life Cycle brings up the status of a few companies under each stage of development and arrives at the status of GE and Ford as in the decline stage. These companies LIME, AI, TESLA, Uber, Netflix, Nvidia, Facebook, Google, Coca-Cola, and Walmart besides GE and Ford, I reconstruct under CREAM Ratings [ Corporate Governance, Risk Management, Earnings, Accounting Quality, Management Quality] scan how it would be by SOS Governance Standards. Is an interesting analytics offering solution to the first question I raised: what steps GE has taken internally since KPMG as Auditors had been replaced?

In our backyard, we find BDO has taken over as the Auditors of Byjus. What steps Byjus has taken and what steps BDO has taken?

I have also suggested the false notion of an Auditor resolving many an issue of such companies the statutory auditor post be scrapped and let the management take the responsibility of signing their annual accounts. Mind you, SVB and FTX had a statutory auditor.

#LIME, #AI, #TESLA, #Uber, #Netflix, #Nvidia, #Facebook, #Google, #Cocacola, #Walmart, #GE, #Ford,

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Podcast Episode 53 – CorporateMOM Constructive Collaboration – Project ELITE

CorporateMOM Constructive Collaboration – Project ELITE,
Education, Learning, Implementation, Training, and Execution,

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Transcript:Transcript Constructive Collaboration Project ELITE

Episode 53
CorporateMOM Constructive Collaboration – Project ELITE,
Education, Learning, Implementation, Training, and Execution.

Primarily several consulting firms have graced my articles on LinkedIn. I am revisiting my objectives as stated in my post on the Vibrant Gujarat 2024 Agenda that are:

1. Investor Assurance,
2. Investment Opportunities,
3. Promoting Consulting Firms,
4. CorporateMOM – Certification Scheme.

The topic of course is Constructive Collaboration. Consulting firms and companies shall look into my analytics and we can work together to take it forward with an emphasis on Internal Consultants. I have expressed my limitations as well as my IPR’s capability.

Two areas of interest 1. Forensic University and 2. CAG – Comptroller and Auditor General of India will be on my radar next.

#accenture, #kpmg, #PwC,#kpmgindia, #sganalytics, #salesforce, #ibm, #ey, #deloitte, #infosys, #tcs, #persistentsystems, #CorporateMoM, #genpact

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Podcast Episode 52 – CorporateMOM – Vibrant Gujarat 2024 Highlights – Constructive Collaboration

Podcast Episode 52 – CorporateMOM – Vibrant Gujarat 2024 Highlights – Constructive Collaboration

Podcast mp3

CorporateMOM – Vibrant Gujarat 2024 Highlights – Constructive Collaboration

Theme: Content Future
Establish SOS Governance Now, Now, Now
Unleashing Other People’s Energy

My trip to Ahmedabad attending the Vibrant Gujarat 2024 was deliberate.

Herein I present the highlights of what I saw during the 3-day event.

1. The large exhibition center wherein 100s of companies and organizations have taken great interest.

2. Dholera Smart City is one of its kind, which has been envisioned by Prime Minister Mr. Modi as a city that is twice the size of Mumbai and six times that of Shanghai.

3. The interest a senior person from HAL took considerable interest for the kids was indeed heartwarming.

4. AI is the talk of the corporate universe.

The content is the future and my purpose is establishing SOS Governance, Now, Now, Now.

Constructive Collaboration

I arrived at an understanding to promote CorporateMOM in establishing SOS, [Subject – Object – Self] Governance Standards among Companies, Banking, and Institutions, forming a non-exclusive consortium of workaholics.

The areas of collaboration stated therein are:

1. Study of Forensic Audit: After the meeting at the venue with National Forensic Sciences University | NFSU officials. vis à vis SOS Governance Standards,

2. Societal Changes: We met at the Vibrant Gujarat Venue IIM-A and Shipping University. Societal Changes and Project Development ~ FEC [Fiscal-Ethical-Co-Responsibility] Report.

3. Dholera Smart City: Infrastructure Development:
vis à vis Methodology adopted by CorporateMOM.

4. CAG – CAG to be SOS Governance Standards leading to prepare an FEC Report to every government department appropriate.

5. Major Consulting firms’ response to CorporateMOM Vibrant Gujarat 2024 posts. For constructive collaboration.

6. Unleashing other people’s energy,

7. The five principles of IBCM – Inactivity-Based Cost Management furthering knowledge base with FEC Framework.

#accenture, #kpmg, #PwC,#kpmgindia, #sganalytics, #salesforce, #ibm, #ey, #deloitte, #infosys, #tcs, #persistentsystems, #CorporateMoM, #genpact

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Podcast Episode 51: CorporateMOM Review 2023: Preview 2024

CorporateMOM
CorporateMOM Review 2023: Preview 2024

Podcast mp3

Review 2023: Women Empowerment:

Podcast Episode #20 on Women Empowerment [4’ 52”] I posted on 4 January 2023. Good start for 2023. I am giving here the same. Take a look, considering what the US is hotly discussing on Claudine Gay, President of Harvard University, DEI I have put forth in this Episode #20.

On 24th of December 2023, Podcast Episode #50, CorporateMOM Corporate Life Cycle Seeing through the Prism of Yaqui Way of Knowledge I posted on LinkedIn. So, 31 posts on LinkedIn, as well as my website, including the announcement of my second book – CorporateMOM Sustainability of Corporate Stability – marked my work satisfactorily during 2023. These posts attracted many companies such as #accenture, #kpmg, #kpmgindia, #sganalytics, #salesforce, #ibm, #ey, #deloitte, #infosys, #tcs, #persistentsystems from where many within had a look at my posts some exceeding 100 in the same company. The topics covered by me you will find interesting.

For Women’s Empowerment, I have shown photos of Israeli soldiers. Israel is an amazing country of men and women and I wish them a very happy 2024. They deserve to win and they will defeat Hamas.

Preview 2024: “unleashing other people’s energy”.

For Preview 2024 my theme is “unleashing other people’s energy”.. I am presenting an extract from Episode #50 CorporateMOM Corporate Life Cycle Seeing through the Prism of Yaqui Way of Knowledge. I have also given Country Views for the year 2023 in descending order of viewership which gives me a greater satisfaction as many small countries have evinced interest. The Blueprint given herein for “unleashing other people’s energy”. would provide the methodology for any country to move forward confidently.

For preview 2024 “unleashing other people’s energy”, I have selected Maryada Purushottaman Ram. Maryada Purushottam is a Sanskrit phrase in which “Maryada” translates to “honour and righteousness”, and “Purushottam” translates to “the supreme man”. The phrase when combined refers to “the man who is supreme in honour”. It also means the best man who practised righteousness until he perfected it.

Levina while giving this photo of Ram in X says it’s a month dedicated to reading Ramayan in every house in #Kerala. The photo of Ram walking majestically with the monkeys told me a lot about “unleashing other people’s energy”. These monkeys had built the bridge Ramsetu between India and Sri Lanka visible even today. So would be the leadership of companies to please “unleash other people’s energy”.

Happy New Year 2024.

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Podcast Episode 60 – Action plan GDP in India 2047 – State-wise GSDP build-up – CorporateMOM

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Podcast Episode 59 – Kickstart Budgeting 2024-25 2030-31 2047-48 Now, Now, Now. CorporateMOM

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Podcast Episode 58 – Deriving Everlasting Corporate Metrics and Benchmarks, CorporateMOM

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Podcast Episode 57 – Dynamic GDP – GNH – Database Systems, CorporateMOM

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Podcast Episode 56 – ERP is passé. Embrace EPP- Effort per Person – CorporateMOM

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Podcast Episode 55 – Company SOS Governance Ratings – CorporateMOM

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Podcast Episode 54 – Constructive Collaboration – CorporateMOM with a GE Case Study

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Podcast Episode 53 – CorporateMOM Constructive Collaboration – Project ELITE

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Podcast Episode 52 – CorporateMOM – Vibrant Gujarat 2024 Highlights – Constructive Collaboration

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Podcast Episode 51: CorporateMOM Review 2023: Preview 2024

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