In a recent web-conference hosted by Ms.Mary Adams of IC Knowledge Center, Mr.Ken Jarboe, President, Athena Alliance, gave a presentation – ‘Intangible Assets as Sources of Increased Productivity and Enterprise Value‘ – A Personal Summary of the Conference – “New Building Blocks for Jobs and Economic Growth – May 16th-17th 2011 – sponsored by OECD, Athena Alliance, Kauffman, The Conference Board, McDonough School of Business of Georgetown University and the National Academics’. This paper is in response to the Background paper for the conference session – “Emerging Measures for Strategic Management” and “Global Competition and Collaboration” To download the paper please check below. Continue reading →
In a recent post by Aman Das in Vault.com on the topic The 2011 CSR Debate, Part 1: CSR Is an Evolution, Not a Revolution by Henk Campher http://bit.ly/heUhHI and on the same site another interesting post The 2011 CSR Debate, Part 2: It’s Sustainability, stupid! by Alberto Andreu, Continue reading →
This is my comment submitted on the Article: CSR 2.0 Competitive Advantage for the Future, by Alberto Andreu Pinillos, Global Director of Reputation, CSR, Brand and Sustainability, Telefnica SA.,
Thanks to Alberto for having sent me his paper titled CSR 2.0 Competitive Advantage for the Future that was originally presented by him at for the annual Reputation institute seminar, 5 May 2010, Institute of Directors, London. He has raised important questions and offered solutions for a competitive advantage for the future with a proposal CSR 2.0. I am pleased to comment on the same with the extract from his paper followed by my comments in blockquote following. This blog is in its entirety devoted to my theory of Inactivity Based Cost Management [IBCM] that I have authored with a sub-title Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability, where every one of these terms including Intangible is defined and buttonholed. So my comments indicated as IBCM will have the perspective of Alberto’s paper analyzed.
In Corporate history we often see the role played by Devil‘s Advocate and seldom we come across the use of Angel’s Advocate. The essence of Economics lies in risk taking without which bartering system would be in use even today. Risk taking is very essential to business where entrepreneurship is an expression of freedom. Freedom when exercised with full force, business enterprise enters into strategic moves with ambition. That’s when Devil’s Advocate plays the part as a sounding board to ensure that the ambitious strategy of the Donigers goes unrestricted. Ambition keeps pace with Freedom. Continue reading →
Extract from the book: Inactivity Based Cost management: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Acountability
Where does Governance exist? The interesting quote of Robert Doniger, [from Timeline by Michael Crichton], I’m not interested in the future; I’m interested in the future of the future, possibly has a clue. To-day was the future of yesterday and tomorrow is the future of to-day as well the future of the future of yesterday. Effectively what Doniger says is that he dwells in the past all the time the fascinating historical events and ever interested in tomorrow, a dreamer and a maverick he is, that he ignores ‘to-day’ completely. Working like a beaver, he takes his scientists and cultural experts to the past making them stuck in the ruins of history and the genius that he is, promises a great future of the future making the people of to-day to sit in awe and wonder till they realize the future ever remains a distant dream. A solar view of the planet displays the monumental towers everywhere, promises that are not kept. These towers represent a cost already incurred that cannot be recovered. Donigers do not think that it is necessary for them to be concerned about to-day and not at all obliged to inform or discuss the cost consequence of their action, where to-day represents the effect of decisions of yesterday for all to see with utter helplessness. Continue reading →
Protons, anti-protons, electrons, positrons etc. are the terms of the scientific community and one shall trust them as one has from Newton to Darwin to Einstein and leave those terms without affecting the day-to-day life of a common man. Business management too have those extra-ordinary terms to prove a point, such as Pearson Correlation and beta transformation to justify the bribery or perception index. The Governance has the framework of Government of the people, by the people, for the people as the constitution, words coined in its simplicity by a simple and honest man, but used by all without any article of faith. The objective of the search of intangible is to decipher and buttonhole the role of intangible that makes sense and conveys the message to the people in the simplest of the terms. Continue reading →
Have the optimum control of Governance, based on the book, Inactivity Based Cost Management [IBCM]: Measurement of Intangible: Governance, Ethical & Fiscal Responsibility and Accountability: Continue reading →
I give below mails I have sent to several supporters of UNCAC coalition initiatives, UNDP, Vigilance Commission and Special Prosecutors [known as Lokayukta in India], with a purpose to establish International Ethical Standards Board [IESB] in the same line as IASB. Your contribution towards this objective is welcome. Continue reading →
Vacuum is a space empty of matter, but cannot be explained without matter surrounding it. Antimatter is explained as antiparticle within matter and outside of it cannot be even thought about. Non-existence is relative to existence. All of them are in the same plane – matter. This is the law of nature. This is a concrete state where matter predominates and in a gross level of existence. ‘Existence’ is a matter connected to the tangible world of WYSIWYG. A nano-second before the big bang is impossible to imagine with the limitation set for our human mind, to describe what is nothingness beyond matter. Matter in its form of galaxies, stars and planets are said to add up to only 4% and the balance is made up of dark matter [23%] and dark energy [73%]. The Earth truly is in a state of non-existence. Continue reading →
Intangible is antimatter and good similarities exist between matter & antimatter in one hand, and tangible & intangible at the other. Intangible in the mundane world of business management has been used in only one instance, otherwise, not surprisingly, not touched at all. A physics textbook describes matter as “that takes up space and has mass”. Every physical object we have ever seen consists of matter. Scientists however have been continuously exploring the existence of antimatter in the known universe. The latest experiment is with a Large Hadron Collider (LHC) a 27-km long tunnel where beams of particles are fired to prove the theory that a particle when it meets its antiparticle, they annihilate each other and their entire mass is converted into pure energy. One of the LHC detectors, code named LHCb, is trying to investigate that equal amounts of matter and antimatter were created in the Big Bang and what happened to the “missing” antimatter. Continue reading →
I read your article with great interest. I followed it up the same at the website of Inside Job and the Facebook. My question is what’s the way out?
Today I dropped this note at the White House mail system, under the category of Economy: “President Obama during the inaugural session to US Congress said: “Here in Washington, we’ve all seen how quickly good intentions can turn into broken promises and wasteful spending. And with a plan of this scale comes enormous responsibility to get it right.” If world economy has to revive White House should attempt to control this area. How? Please visit http://www.smashwords.com/books/view/24530 and take your time to watch the 3 minutes video, that addresses the concern stated above of President Obama and tells how to take grip of the economy.” Continue reading →