IBCM Technology

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

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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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CorporateMOM
CorporateMOM Review 2023: Preview 2024

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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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CorporateMOM
Corporate Life Cycle
Seeing through the prism of Yaqui Way of Knowledge

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It was quite nice to watch Prof. Ashwath Damodaran, The Stern School of Business, speaking on an interesting subject “Corporate Life Cycle – Growing Up Is Hard To Do”.

I could instantly connect Prof. Aswath to Carlos Castaneda’s The Teachings of Don Juan: A Yaqui Way of Knowledge.

Prof. Ashwath takes you from the start-up stage to young growth to high growth to Mature Growth to Mature stable to a stage of decline for corporate. Whereas Don Juan teaches how a man has to set an operational goal, as Carlos Castaneda the research scholar apprenticing under the great Mexican Red Indian, how to understand that operative order, one has to understand its objective: man of knowledge.

CorporateMOM looks at Prof. Ashwath’s Corporate Life Cycle vis-a-vis the current ecosystem prevalent in companies.  Note the difference, for Prof. Ashwath Object is the constant whereas for Don Juan the Subject is the constant. It’s an interesting contrast that defies the conclusions drawn by Prof. Ashwath, as  CorporateMOM offers how to restructure organizations and rebuild companies in decline.

This is my Podcast Episode #50. I am happy every one of them has come out very nicely. Thanks to the hundreds of viewers from all over the world.

#lime , #ai , #tesla , #uber , #netflix , #nvidia , #facebook , #google , #cocacola , #walmart , #generalelectric , #ford , #ibm , #accenture, #CorporateMoM,

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CorporateMOM Resolves the equation
(AI+HI) = Generative AI With a case study on IBM

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CorporateMOM Resolves the equation
(AI+HI) = Generative AI With a case study on IBM

In response to the LinkedIn NEWSLETTER “AI in Action from IBM” I present here my analytical report on   “Keeping up with generative AI” a video presentation by Kate Soule from IBM Research. I find this subject matter quite timely and interesting on the subject of Generative AI.

Kate talks about AI Academy. Why foundation models are a Paradigm shift for AI
Chapter 1 – Introduction to generative AI models,
Chapter 2 – Getting started with generative AI,  and
Chapter 3 – The platform approach for model management.

A summary of her talk, with the help of an AI, I present here:

1. large unlabeled datasets,
2.  build expertise in Generative AI,
3. Update models regularly,
4. Leverage a robust AI platform with governance tools,
5. While complex, Generative AI will help businesses innovate.

And how CorporateMOM looks at the several points raised therein specifically on Generative AI and what CorporateMOM offers in return.

CorporateMOM concludes:

1. Leverage AI Platform: Generative AI – MeRIT Governance Framework

Your database is full, due to Traditional AI – Artificial Intelligence:
Your Knowledge Base is Empty, which means you need HI – Human intelligence:
Traditional AI + HI gets you Generative AI. Check Generative AI – MeRIT Governance Framework as given herein.

Traditional AI helps Financial Leverage and Operating Leverage that are static. Whereas Generative AI helps you with SOS Governance Leverage which is dynamic.

2. CorporateMOM brings in the Ecosystem from Nature, with everlasting Metrics and Benchmarks for Corporate Management Operations.

Generative AI can ignite ecosystem innovation by tapping into the collective brainpower of all organizations quickly and easily. [IBM-IBV]

What CorporateMOM suggests for Generative AI is to ignite the Ego-system of companies to reach the ecosystem set by Nature. Generative AI will continue to be a reactive machine but transform as IBM-IBV says “Generative AI is unlike any technology that has come before.”,  by collaborating with HI.

I liked this study of IBM Research as well as that of Accenture. Generative AI will rule the roost in Corporate Management Operating Systems. Individual companies shall use it in their intranet and develop collectively as IBM states collective brainpower to trigger a national grid of governance. Thanks to CorporateMOM, thanks to Generative AI.

#ibm, #accenture, #ibmresearch, #generativeai, #corporatemom

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CorporateMOM – AI Copiloting ABC of SOS Governance – AI application for Auditing, Banking, Certified Corporate Governance – RFP

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Video:

AI is THE WORD today. Rishi Sunak, Elon Musk, Google, and Microsoft & all are talking about THE WORD. No escape. THE WORD is that it is going to make redundant millions of people now employed in all and sundry jobs, particularly the AI telemarketing robots. Welcome. How good I feel to talk to a robot. No point in my getting angry.

The next in line are the Accountants and Auditors as Frey, and Osborne, predicted in 2013 with a probability of 0.94, only next to Telemarketers at 0.99.

What do I do? Do I welcome it as I have done with the Telemarketers?

In this presentation AI application for Auditing, Banking, Corporate Governance – Certified, I am discussing the same, whether Accountants and Auditors be done away with.

I conclude, that it is not AI that is triggering the collapse of the auditors but the harakiri of the auditors themselves. In this presentation, I reiterate Auditors are the only homogenous group focusing on Ethical responsibility and no other. AI is not governed by any Statutory Body whereas Auditors are. Auditors shall take note of it. It is imperative for the growth of the global economy Auditors report on the governance of a company. Let us find out whether AI [Artificial Intelligence] or HI [Human Intelligence] succeeds.

Let us strengthen the hands of the Auditors who certify SOS Governance Standards.

#CorporateMoM,#sosgovernance, #auditors

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CorporateMOM – ABC of VC Funding – Troika of Entanglement – Auditors, Bankers, Companies.

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CorporateMOM – ABC of VC Funding – Troika of Entanglement – Auditors, Bankers, Companies.

Another interesting and useful analytics from CorporateMOM is now on VC Funding. I am looking at length, some of the unicorns that have gone sour. But the troika of entanglement engages one to know not to consider a company in isolation. A mere P&L and Balance Sheet alone has no meaning.

Entanglement: An entangled system is defined as say, the constituents are not individual particles but are an inseparable whole. In entanglement, one constituent cannot be fully described without considering the other(s). Troika of entanglement explains how qualitative elements of management that are part of inseparable all-inclusive elements, affect corporate stability. It’s like Superman’s ability is affected by Kryptonite.

Poor guys these unicorns. You pump them with a lot of money, with no governance and accountability, and make them splurge in gay abandon. The end result is the stalling of development in startups becoming a major force to be reckoned with, for the Indian Economy.

Auditors in this VC Funding scenario take the lead but are limited to a few. This is because VC Funding relates to a number of foreign LPs. VCs are the intermediaries between the startups and the LPs. An LP (an individual or an entity) is the money behind a VC or private equity fund. Currently, Governance lapses, and irregularities prompt LPs to drive changes in startup investments. Prompted by these reported instances of mismanagement and lack of oversight, LPs are driving changes in their relationships with VCs who recommend and manage their investment funds. Allegations of governance lapses or financial irregularities have surfaced at startups such as Byjus, GoMechaninc, BharatPe, Trell, Zilingo, Mojocare, Phablecare, and 4B Networks.

CorporateMOM looks at the maze of entanglement and offers insight into the governance lapses in all three players. Governance lapses or financial irregularities mean the existing Ego-System of ABC must get aligned with the Eco-System Nature provides. Time to change, a drastic change in the funding process. Surely it will shake all three players. Take a look.

#CorporateMoM, #Fin DD, #esggovernance, #governancedd, #sosgovernance

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CorporateMOM – SOS Governance Road to Readiness

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CorporateMOM  Travelogue – Locates THE ENERGY FORCE – For SOS Governance Due Diligence

CorporateMOM – SOS Governance Road to Readiness

CorporateMOM
SOS Governance
Road to Readiness

Project MeRIT
Measure, Record, Implement, Track

1. IBCM Technology is a capability Model.
2. Establish Strategy Plan 2030 in a profound manner.
3. Measure all quantitative as well as qualitative elements of management.
4. Record current status
5. Implement Strategy Plan 2030 and Track Performance – Proceed from Current Status to Target 2030 – on a Daily Basis
6. With everlasting Metrics and Benchmarks join the certification scheme on the go.
7. Find out the amazing capability of your workforce – Measure Men Equity and Women’s Equity.

Takeaways

1. SOS Governance Due Diligence – Make it a habit.
2. Don’t wait for a mandatory ESG Governance notification for your company, be prepared.
3. Don’t wait for the funding process due diligence, be ready.
4. Don’t pay a big price for a vendor DD, DIY.
5. Pulsating energy force – converts the n-dimensional problems to n-problems of one dimension.
6. Make it simple.

The process has begun for a company with n-dimensional problems. [Show me a company without one?] Get in touch for your company.

#CorporateMoM, #kpmg, #Fin DD, #esggovernance, #governancedd, #sosgovernance

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CorporateMOM Travelogue – Locates THE ENERGY FORCE – For SOS Governance Due Diligence

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CorporateMOM  Travelogue – Locates THE ENERGY FORCE – For SOS Governance Due Diligence

Myself with my wife and children visited Tirukkadaiyur on 2nd October 2023 to celebrate my 80th Star birthday. Grand celebration by several families. The reigning Temple priest of the day invited us near the Sanctum Sanctorum. Gave us two garlands that my wife and I exchanged three times. It was a pleasant surprise with divine blessings.

It was a nice outing. My observation and learning I share with you.

 1. Intangible,
2, Sustainability,
3. THE Energy Force.

How it helps service providers prepare a better Vendor DD, how Investor – Investee companies get a fair review of funding processes, and how ESG Governance Assurance is ensured. Lessons I learned during this trip I found very absorbing. Please have a look, at companies in any area of expertise.

#CorporateMoM, #kpmg, #Fin DD, #esggovernance, #governancedd

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CorporateMOM ~ KPMG ESG Maturity Report – Road to Readiness
Recommends SOS Governance Due Diligence – Forward Thinking

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I quote KPMG Report on ESG Assurance – CCPs – Critical Control Points

KPMG surveyed senior executives and board members with ESG reporting and assurance knowledge at 750 companies across industries, and global regions, with a mean revenue of US$15.6B.

66% of respondents say their firms must now report ESG data or will be required to soon.

Only 25% of companies feel they have the ESG policies, skills, and systems in place to be ready for ESG assurance.

65% of leaders see digital tools as key to being ready to obtain ESG assurance.

58% Of those least ready for ESG assurance, say it is challenging to balance ESG assurance goals with the profit expectations of shareholders.

Only 27% of companies have robust policies and procedures to support the development of their ESG disclosures.

Only 26% of companies have a clear audit trail to support their non-financial information.

CorporateMOM looks into the KPMG Report and analyses on two factors:

1. A case study on Investor/Investee companies, and
2. Why CorporateMOM recommends SOS Governance Due Diligence is a necessity in Forward-thinking.

KPMG looks at the Readiness of companies to the demands of ESG Governance. KPMG Report is of great quality. Adding value to it CorporateMOM finds it a pleasure.

#CorporateMoM, #kpmg

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